Tag Archives: trade

Shanghai, China | AFP | There is a notable no-show among the dozens of national pavilions at Shanghai’s massive import fair — the United States — a metaphor for isolationist Trump policies that attendees say are pushing them closer to China. The China International Import Expo opened Monday with thousands …

Shanghai, China | AFP | Shanghai, China | AFP | The US-China trade war is the “stupidest thing in the world,” Alibaba e-commerce tycoon Jack Ma declared at an import fair that China opened Monday partly to counter foreign criticism of its trade policies. Ma, who recently took back an …

Beijing, China | AFP | Japan’s Shinzo Abe is due to arrive in China Thursday, the first visit to the Asian giant by a Japanese prime minister since relations between the two countries soured six years ago over a territorial row. Abe and Chinese president Xi Jinping are expected to …

Washington, United States | AFP | US President Donald Trump and Chinese leader Xi Jinping will “probably” meet at a G20 summit next month, a US official said Sunday, as both sides seek answers for a badly strained relationship that a Chinese official called “very confusing.” “The presidents will probably meet …

Bali, Indonesia | AFP | The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting that “everyone is going to suffer” from a clash between the world’s two biggest economies. At a meeting on the Indonesian …

It is that free trade has enabled a few predatory multinational companies to secure monopolies COMMENT | JAYATI GHOSH | For most critics of globalisation, trade is the villain, responsible for deepening inequality and rising economic insecurity among workers. This is the logic driving support for U.S. President Donald Trump’s escalating …

Uganda plans to intensify relations in trade, tourism and investment Kampala, Uganda | JULIUS BUSINGE | Trade between Africa and India has recorded a 30% decline in volume from US$78billion in 2014 to about $55 billion in 2017 citing a tough economic environment. However, this was more than seven times higher …

Abuja, Nigerai | ISAAC KHISA | South Africa’s President, Cyril Ramaphosa, has urged Nigeria to sign the African Continental Free Trade Area (AfCFTA) to create a single continental market for goods and services in member nations, with free movement of persons and investments. Ramaphosa, who was the chief quest during …

Nigeria, China in currency swap Kampala, Uganda | THE INDEPENDENT | In a signing ceremony that took place in Beijing China, the Central Bank of Nigeria and the Peoples Bank of China agreed to a currency swap worth $2.5billion to make trade between the two countries easy. International reports say the move …

Kampala, Uganda | THE INDEPENDENT | Renowned management scholar, Prof. Allan Katwalo Mulengani, says Ugandans have to up their competitiveness in the marketplace or else they will be overrun by foreign interests. Mulengani, the Director of Nairobi-based Abacus Business School, was speaking at a business banking breakfast meeting organized by …