International Trade
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India’s retail inflation rose to a four-month high of 5.08 percent in June, the latest government data showed Friday. According to the data released by the federal Ministry of Statistics and Programme Implementation, inflation based on the Consumer Price Index (CPI) in June was 5.08 percent. In May CPI was 4.80 percent. Food inflation rose…
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The technological war waged by the United States against China has the potential to backfire, supercharging China’s creation of an independent computer chip industry that would directly compete with American manufacturers. U.S. President Joe Biden’s administration has employed increasingly restrictive sanctions to prevent American and allied chip manufacturers from selling their most advanced products to…
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For a period of time this year, China’s export growth rate declined. This should be viewed rationally. It was related to the high base of last year. Data show that the excess inventory during the COVID-19 pandemic has been gradually digested, and the electronics cycle in the Western market has begun to bottom out. In…
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It’s easy to think that trade is just about business interests in each country. But global trade is much more. There’s a convergence and, at times, a conflict of the interests of the different stakeholders—from businesses to governments to local citizens. In recent years, advancements in technology, a renewed enthusiasm for entrepreneurship, and a global…
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Russia has been smuggling gold out of Sudan for the last year and a half to compensate for economic losses due to Western sanctions over its war in Ukraine, according to Sudanese officials who spoke with CNN. Sudanese sources recounted at least 16 Russian gold smuggling flights out of Russia in the past 18 months, including…
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As tricky as it can be to obtain financing for a global expansion program, finding foreign business partners can be even tougher. If you can find foreign distributors for your product, you will be able to simply sell them your products and let them worry about reselling them at a profit in their domestic markets.…
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Chinese Vice Premier Liu He arrived in Washington D.C. on Monday afternoon for the upcoming high-level economic and trade consultations with the U.S., media reports confirm. Liu, also a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-U.S. comprehensive economic dialogue, leads…
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President Donald Trump and the Democrats can’t agree on anything, except one big thing: China. After Trump’s administration announced plans on June 15 to impose tariffs on $50 billion of Chinese imports, Charles Schumer, the Democrats’ Senate leader, called the decision “on the money.” That was a startling statement on a startling fact: China has few friends left…
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