Trade – Page 19 – THE OVAL CIRCLE

China’s exports return to growth in April, but imports tumble

Posted on May 7, 2020May 7, 2020By Editor

China says that its exports rebounded last month, beating most expectations of a sharp decline. However, the drop in the country’s imports accelerated as the coronavirus continues to crush demand. … Read More >China’s exports return to growth in April, but imports tumble

Business

‘Turbocharging’ exodus: US beats trade war drums to remove supply chains out of China

Posted on May 5, 2020May 5, 2020By Editor

The US wants to сut industrial and supply dependence on China amid rising tensions between the two powers. However, not everyone is eager to pack their bags and leave the lucrative Chinese market in the midst of the previous row. … Read More >‘Turbocharging’ exodus: US beats trade war drums to remove supply chains out of China

Business

China trade rebounds despite gloomy global outlook amid coronavirus lockdown

Posted on April 11, 2020April 11, 2020By Editor

The Chinese Ministry of Commerce has reported that the country’s trade improved in March, following a dramatic collapse caused by the Covid-19 pandemic in the first two months of the year. … Read More >China trade rebounds despite gloomy global outlook amid coronavirus lockdown

Business

Coronavirus isn’t stopping trade between Russia & China

Posted on March 19, 2020March 19, 2020By Editor

While the coronavirus pandemic is wreaking havoc on global trade, cargo volume between Russia and its biggest trading partner, China, is growing, according to the Russian consul general in Harbin, Vladimir Oschepkov. … Read More >Coronavirus isn’t stopping trade between Russia & China

World

India & Russia plan to open new trade route via Iran despite threat of US sanctions

Posted on March 19, 2020March 19, 2020By Editor

Opening a long-pending multi-modal transportation corridor via Iran will be a big boost for bilateral trade between Russia and India, but it’s not just the economy at stake. This is a bold move against the threat of US sanctions. … Read More >India & Russia plan to open new trade route via Iran despite threat of US sanctions

Business

China to grant tariff exemptions on additional US goods

Posted on February 18, 2020February 18, 2020By Editor

The Chinese government announced on Tuesday it would allow importers to apply for new tariff exemptions on nearly 700 products from the United States, including agricultural and energy goods. … Read More >China to grant tariff exemptions on additional US goods

Business

Moscow ready to assist Italian firms in localizing production in Russia – Foreign Ministry

Posted on February 17, 2020February 17, 2020By Editor

The Russian government will help Italian companies operating in the country to deal with losses resulting from Western sanctions, Foreign Minister Sergey Lavrov has said. … Read More >Moscow ready to assist Italian firms in localizing production in Russia – Foreign Ministry

Asia & Pacific

From clothes to condoms: Coronavirus is threatening global consumption in ways you never knew were possible

Posted on February 16, 2020February 16, 2020By Editor

China’s status as the world’s manufacturing powerhouse means the coronavirus epidemic’s effects are being felt in some odd places. We’ve come to terms with no new iPhones, but weirder shortages could upend people’s daily lives. … Read More >From clothes to condoms: Coronavirus is threatening global consumption in ways you never knew were possible

Business

UK wants to ease trade restrictions on some Russian imports

Posted on February 8, 2020February 8, 2020By Editor

The British government is looking to lift anti-dumping measures on Russian goods, imposed by the EU back in 2015. The restrictions could be removed in 2021 when the 11-month Brexit transition period ends. … Read More >UK wants to ease trade restrictions on some Russian imports

Business

US & China sign ‘phase one’ trade deal to ease global economic tensions

Posted on January 16, 2020January 16, 2020By Editor

The first part of a broader trade agreement between the world’s top economic superpowers was finally inked on Wednesday with the US suspending new tariffs in exchange for Chinese purchases of $200 billion in American goods. … Read More >US & China sign ‘phase one’ trade deal to ease global economic tensions

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