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News & Updates

March 8, 2017 China posts first monthly trade deficit in three years as imports soar

Source: Reuters

China unexpectedly posted its first trade gap in three years in February as a construction boom pushed imports much higher than expected and as increasing U.S. protectionist rhetoric casts a spotlight on the export giant's trade...

March 6, 2017 China reduces growth forecast for 2017

Source: USA Today

China is targeting growth of 6.5% in 2017 -- down slightly from last year's actual 6.7% rate -- a 25-year low for the industrial powerhouse.

March 3, 2017 Euro lawmakers press EU to impose visas on U.S. citizens

Source: rEUTERS

The European Parliament called on the EU executive on Thursday to force Americans to apply for visas before visiting Europe this summer, stepping up pressure to resolve a long-running transatlantic dispute on the issue.

March 2, 2017 Sustainability is the forgotten half of globalisation, says Achim Steiner

Source: EcoBusiness

The prevailing notion of globalisation is that it is based on trade, but globalisation is about sustainability too, and the SDGs provide a guiding framework for the private sector, ex-UNEP boss Achim Steiner tells Eco-Business.

March 2, 2017 UK House of Lords throws wrench in government's 'Brexit' plan

Source: FOX news

LONDON – Britain's unelected House of Lords on Wednesday handed the government a stinging -- though likely temporary -- defeat on its plans to leave the European Union, resolving that EU citizens should be promised the right to...

February 27, 2017 How Will Oil Exports Affect Oil Prices In Long Term?

Source: Seeking Alpha

•As per EIA, gasoline inventories decreased sharply by 2.6 million barrels last week. U.S crude oil exports break new records. China’s oil import data suggests that OPEC is cheating

February 23, 2017 Former Trump trade adviser: Border-adjustment tax could go a long way toward improving NAFTA

Source: Business Insider

President Donald Trump's former senior trade adviser told Business Insider the border-adjustment tax proposal being discussed in Washington could help solve what he believes are major issues with the North American Free Trade...

February 21, 2017 China Wins Big With Stakes in $22 Billion Abu Dhabi Oil Deal

Source: Bloomberg

Chinese companies are big winners in the competition among foreign bidders for stakes in Abu Dhabi’s largest oil concession, snatching a combined 12 percent of the venture as the Middle Eastern emirate looks increasingly to Asia,...

February 21, 2017 Oil rises as OPEC aims for deeper output cuts

Source: Reuters

Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.

February 21, 2017 China Minister Says Trade War With U.S. Shouldn't Be an Option

Source: Bloomberg

A trade war between the world’s two biggest economies shouldn’t be an option, China’s Commerce Minister Gao Hucheng said Tuesday at a briefing in Beijing. History shows China and the U.S. can overcome trade frictions through...

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