Trade between the US and China is on track to break records, a signal of resilient links between the world’s top economies amid the heated national security rhetoric in Washington and fears of “decoupling.” Know more:
Trade between the US and China is on track to break records, a signal of resilient links between the world’s top economies amid the heated national security rhetoric in Washington and fears of “decoupling.”
Still, they’re striking numbers in an era when tough-on-China is the closest thing there is to bipartisan consensus in Washington. They illustrate how deeply entwined the two economies remain—even as the US aims to hold back China’s advance and Beijing seeks to counter Washington’s global influence.
A similar calculus likely applies in China too, where export-led economic growth still holds the key to rising living standards and stability. The increasing political tension over recent years may have had more impact on fixed-capital flows than on trade.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
RCEP, the world’s largest free trade zone, commemorates first year anniversary | Henry J. SchumacherAT the beginning of January 2023, a colossus of the world economy celebrates its birthday. A year ago, the world’s largest free trade zone, the Regional Comprehensive Economic Partnership (RCEP), came into force in the Asia-Pacific region. While the countries involved, such as Singapore, China, Japan, South Korea, Australia and…
Read more »
BoC working on trade facilitation upgrades in EU-backed project - BusinessWorld OnlineTHE Bureau of Customs (BoC) said it is working with ARISE Plus Philippines to improve trade facilitation in a European Union (EU)-backed project. The collaboration focuses on creating new policy and procedures for trade facilitation mainly through e-commerce, authorized economic operators, and integrated risk management programs, the BoC said in a statement on Monday. The […]
Read more »
Men nabbed for illegal wildlife trade“Yung ating po piranha ay pinagbabawal under Republic Act 10654 under Section 102. Ang mga piranha po ay pinangangambahan na makapunta sa ating katubigan, at patayin yung ating other aquatic animals natin,” Police Major Robert Alvin Gutierrez, chief of the northern National Capital Region Maritime Police Station, said.
Read more »
US, Taiwan officials pledge ambitious trade negotiating scheduleThe United States and Taiwan concluded four days of trade negotiations on Monday and reached consensus on a number of areas related to trade facilitation, anti-corruption, small and medium-sized enterprises and regulatory practices, the US Trade Representative&39;s office said.
Read more »
Marcos urges nations 'to unwind trade restrictions'DAVOS, Switzerland: Amid global inflation, President Ferdinand 'Bongbong' Marcos Jr. has joined the call for all governments 'to unwind any trade restrictions and reinforce our commitment to the World Trade Organization (WTO) reform.' Read more:
Read more »
Marvel movies return to China after nearly 4-year breakBEIJING, China—Chinese film fans on Wednesday celebrated the return of Marvel movies to the country&039;s cinemas after an absence of nearly four years. Foreign films are tightly controlled
Read more »