Parliament’s actions undercut the prime minister, worsening the power vacuum in British politics and making an extension of the Brexit deadline more likely.
Tag: International Trade and World Market
U.S. and China Near Currency Deal, but Provisions May Not Be New
The currency rules as described by the governor of China’s central bank are practically identical to what Beijing promised in 2016.
China Suggests a Trade Compromise With the Trump Administration
An offer from a senior Chinese official could make a trade deal easier to achieve — but also more fragile.
Italy May Split With Allies and Open Its Ports to China’s Building Push
In a move certain to upset American and European Union leaders, Italy appears poised to cooperate in an infrastructure initiative meant to advance China’s global interests and influence.
White Meat or Dark? Brexit Muddles the Picture
One sector of British agriculture illustrates why an abrupt departure from the European Union would be so disruptive to trade.
China Law Responds to U.S. Investment Demands. Critics Say It’s Not Enough.
The Trump administration accuses Beijing of forcing foreign companies to hand over technological secrets. A new law in the works tries to address such concerns.
In a Change of Tone, U.S. Restores E.U.’s Diplomatic Status
After downgrading the bloc in protocol terms last year, the Trump administration announced a reversal and called it “one of America’s most valuable partners.”
China Shifts, and Detroit’s Big Bet Goes Sour
Chrysler, Ford and General Motors saw a booming Chinese driving culture and cheap labor. Now the market is slowing, competition is rising and the Trump administration wants limits.
Cozy Up to U.S., Vietnam Tells North Korea. Look What It Did for Us.
Calling on old ties with North Korea, the Vietnamese suggest that Kim Jong-un could benefit from their approach of holding China at bay while courting the United States.
The New New World: China’s Entrepreneurs Are Wary of Its Future
Behind the scenes, businesspeople worry that Beijing has become more interested in solidifying its control over people’s lives than promoting economic growth.