TRADE WARS - NANO DAILY

US-China economic flashpoints in Yellen's China trip

Apr 03, 2024 (AFP)

But the countries still trade barbs on economic issues as they battle for superiority in advanced technologies and work to secure critical supply chains. As Yel...

Yellen heads to China eying 'overcapacity' concerns

Apr 03, 2024 (AFP)

The trip from April 3-9 begins in the major southern city of Guangzhou, where she will speak with representatives of US firms and hold meetings with Chinese off...

Asian markets hit by dimming US rate hopes, Taiwan quake

Apr 03, 2024 (AFP)

Traders have pushed equities higher for months, driven by optimism that the central bank will begin easing monetary policy this year as inflation comes back tow...

Most work is new work, long-term study of U.S. census data shows

Apr 02, 2024 (SPX)

Distinctive as their case may be, the story of the Wright brothers tells us something important about employment in the U.S. today. Most work in the U.S. is new...

China factory activity up after five-month slump

Mar 31, 2024 (AFP)

The purchasing managers' index (PMI) -- a key measure of factory output -- came in at 50.8 in March, according to the National Bureau of Statistics (NBS), up fr...

China reaffirms financial support for Sri Lanka

Mar 30, 2024 (AFP)

Prime Minister Dinesh Gunawardena arrived in China on Monday for a visit that included meeting President Xi Jinping and an appearance at the Boao Forum, a high-...

Indonesian president-elect Prabowo to visit China

Mar 29, 2024 (AFP)

On the invitation of President Xi Jinping, Prabowo -- who takes office later this year -- will visit China from Sunday until Tuesday, foreign ministry spokesper...

China lifts punitive tariffs on Australian wine

Mar 28, 2024 (AFP)

Canberra swiftly responded by dropping its case against Beijing at the World Trade Organization, welcoming an end to sanctions that had plunged many Australian ...

Yellen to warn China of industrial oversupply risks

Mar 27, 2024 (AFP)

She plans to raise those risks during her next trip to China likely this year, and press Beijing to take "necessary steps to address this issue." In her speech ...

China's pledges to Southeast Asia come up $50 bn short says study

Mar 27, 2024 (AFP)

Sydney's Lowy Institute found that since 2015, more than US$50 billion that Beijing promised to projects in the region was unallocated. More than half the proje...

China's Xi meets US business executives in Beijing

Mar 27, 2024 (AFP)

Officials are keen to bring in investment to kickstart growth as they battle a range of headwinds including a prolonged property-sector crisis, soaring youth un...

Asian markets mixed as traders weigh US rate outlook

Mar 26, 2024 (AFP)

Investors are also gearing up for the corporate earnings season, with some observers warning that profit expectations, which have helped push several markets to...

Asian markets fluctuate as traders weigh US rate outlook

Mar 26, 2024 (AFP)

Investors are also gearing up for the corporate earnings season, with some observers warning that profit expectations, which have helped push several markets to...

Seeing US ties, Vietnam appeals for 'market economy' status

Mar 26, 2024 (AFP)

Vietnam and China are among a dozen countries designated non-market economies by the United States, allowing tougher actions on their exports. President Joe Bid...

Asian markets drop as key US inflation data looms

Mar 25, 2024 (AFP)

After last week's Federal Reserve projections for interest rates indicated it would cut three times this year, traders are optimistic about the outlook for equi...

Sri Lankan prime minister arrives in China for state visit

Mar 25, 2024 (AFP)

Chinese officials greeted Gunawardena with a bouquet and a red-carpet welcome at an airport on the outskirts of Beijing before a motorcade whisked him into the ...

IMF chief urges China to boost growth with 'pro-market reforms'

Mar 24, 2024 (AFP)

Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus, instead stressing the need to pivot towards "high-qual...

China says Sri Lankan prime minister to visit next week

Mar 22, 2024 (AFP)

"At the invitation of Premier Li Qiang of the State Council, Prime Minister... of Sri Lanka Dinesh Gunawardena will pay an official visit to China from March 25...

Fitch downgrades Chinese property giant Vanke

Mar 22, 2024 (AFP)

Some Chinese developers are on the verge of bankruptcy and lower property prices have deterred consumers from making investments. Vanke -- long considered to be...

Stocks track Wall St record after Fed keeps rate projection

Mar 21, 2024 (AFP)

Decision-makers remained confident that prices will eventually be brought to heel after pushing borrowing costs to two-decade highs without doing too much harm ...