Chinese factories, which have long made goods for the world, increasingly make stuff for the country’s own middle class. When those spenders hold back, local workers can suffer.
Tag: International Trade and World Market
3 European Nations Create Firm to Trade With Iran, but Will Anyone Use It?
Britain, France and Germany have set up a financial mechanism to bolster the 2015 nuclear deal after the renewal of U.S. sanctions. Now comes the hard part.
Trump Optimistic on Trade Deal With China, but May Keep Tariffs Anyway
The president described negotiations between American and Chinese officials in positive terms, but said, “Without the tariffs, we wouldn’t be talking.”
What Is the Irish Backstop, and Why Is It Holding Up Brexit?
The measure aims to guarantee that no physical barrier will spring up between the Republic of Ireland and Northern Ireland. It sounds simple, but it’s not.
What Is the Irish Backstop, and Why Is It Holding Up Brexit?
The measure aims to guarantee that no physical barrier will spring up between the Republic of Ireland and Northern Ireland. It sounds simple, but it’s not.
Businesses Are Taking Action After Brexit Warnings Go Unheeded
Companies and trade groups had implored British leaders to give them reassurances and information. They say they can’t wait any longer.
‘Good Arguments’? Canadian Ambassador Criticized Over Huawei Remarks
Canada’s ambassador to China has come under fire for seeming to offer a legal opinion that encouraged Meng Wanzhou, the senior Huawei executive ensnared in a global legal fight.
World Leaders at Davos Call for Global Rules on Tech
Leaders from Japan, China, Germany and South Africa say that international rules are needed for tech, but there is no consensus on details.
China’s Economy, by the Numbers, Is Worse Than It Looks
New figures suggest the economic outlook may be improving but that growth has slowed more than the headline figure shows.
China’s Slowdown Looms Just as the World Looks for Growth
In the past, China has helped to pull the global economy out of weak spots. This time, it might not come through.