Economy
World / Countries / MNCs
Washington: U.S. Commerce Secretary Gina M. Raimondo held an introductory call on Thursday with the Minister of Commerce of the People’s Republic of China Wang Wentao when she expressed concern over Beijing's 'unfair and market-distorting industrial policies'. more
Countering China's growing influence, US Senate passes bipartisan bill

Washignton: The US Senate on Tuesday passed legislation to counter  China's growing influence by investing more than $200 billion in American technology, science and research.

China, US resume normal contacts on trade: Beijing

Beijing/Sputnik: China and the United States have resumed normal contacts on trade and economy with a view to resolving differences, the Chinese Commerce Ministry said on Thursday.

Telecom War: Ethiopia shuns China-backed consortium, favours US

Addis Ababa: China's attempt to establish economic dominance in Africa received a jolt recently when a U.S.-backed consortium beat out one financed by China in a closely watched telec ...

Wine Export: Australia ready to take China to WTO over tariffs

Canberra: After completing consultation with wine exporters, Australia is now planning to  launch its second World Trade Organisation action in its year-long $20 billion trade disput ...

China: Govt promoting private retirement savings to shore up strained pension system

Beijing: China is witnessing an economic challenge in the face of COVID-19 pandemic spread and amid such a situation the country will soon launch a new pilot program for private pension f ...

China: Record 9 million fresh graduates to pass out this year, but job prospect looks bleak

Beijing: A record 9 million fresh graduates from Chinese universities this year might face job crunch as the COVID-19 pandemic is still disrupting normal situations in the country.

German broadcaster DW says Beijing's Belt and Road Initiative is full of cracks

Deutsche Welle, the leading German public state-owned international broadcaster and news agency, has said cracks are appearing in China's Belt and Road Initiative (BRI).

Chinese small businesses still struggle to recover from COVID-19 massacre

Beijing: China's small businesses are still failing to add to the country's economic recovery as they are struggling to still deal with the damage done to them by COVID-19.

China: Carmakers struggling after chip shortage

Beijing: Car production in China is badly hit due to shortage of  semiconductors, media reports said.