Facebook iconTwitter icon
B2B-Network:
News
African Continent Edges Closer to Trade Agreement
Thumb cfta afrika

The Rwandan capital of Kigali was the stage for the signing of the African Continental Trade Agreement (CFTA) by 44 of the continent’s 55 nations. With the aim of creating a single market for goods and services on the African continent covering 1.2 billion people, it would be the largest trade agreement reached since the World Trade Organisation was created in 1995. 

 

Two Notable Absentees 

However two of the nations not to sign up to the agreement in Kigali were Nigeria and South Africa, two of the largest economies on the continent. Nigeria cited fear of the deal...

» Read more
News
Trade Dispute Between the US and China Might Return
Thumb befristete arbeitsvertra%cc%88ge

China and the United States declared a truce in their current trade conflict . Consequently, this has lightened tensions, stopped the immediate threat of the United States tariffs on China’s goods plus cheered stock markets. 

 

Long-run Picture Might Not Be Bright 

The outcome of the talks has made the supporters of Trump's American First policies upset, left key differences untouched plus kept alive the possibility of a disastrous trade war between the two biggest economies in the world. A vague statement that the two nations released stated next to nothing...

» Read more
Analysis
China's bold Silk Road-style plan to link Europe and Asia faces setbacks and costs
Thumb karawane

In a bid that has frequently been sensationalized as a "modern Silk Road", China has invested more than $14 billion in creating railways, ports, and other avenues of trade and travel between Asia and Europe, which are otherwise connected only by Russia. China is set to invest much more in this Silk Road, but that may change, if their current difficulties, mostly resulting from relations with Pakistan, continue.

 

China's economic trade programm for Europe and Asia

Officially called the "Belt and Road Initiative", China has financed a wide array of projects...

» Read more
Analysis
China’s Place in World Economy
Thumb china3

While all countries are important for the world economy, there are some like China that contribute immensely. China continues to open up and integrate with the rest of the world. This move has seen it become the most important economic driving force globally.

 

China’s Imports and Exports

China imports and exports massively. Exports surpassed imports by 736 billion dollars in 2016, according to Economic Complexity Index (ECI). The country shipped the bulk of its exports to the U.S. Most imports originated from Hong Kong, while the U.S ranked as the third most...

» Read more
Analysis
The UK and Japan Talk Trade
Thumb japan

With Japan remaining the third largest economy in the world it should be no surprise that both the EU and the UK view it as an important trading partner. Prime Minister Theresa May's three day visit to Japan will be looking to lay the foundation for a post Brexit trade agreement, yet she only needs to look at the vaunted Japan-EU Economic Partnership Agreement (Jeepa) to appreciate how difficult any future talks may be. Negotiations on Jeepa began in 2013 and have still only been agreed on at a political level with details yet to be finalised.

 

Mutually Beneficial Trade

A...

» Read more
News
The U.S.-China Comprehensive Economic Dialogue Without Satisfying Result
Thumb newyork

The U.S.-China Comprehensive Economic Dialogue held on 12 July 2017 was not as productive as expected, an indication that there will be further constraints in the market between the two economic giants. An anticipated opening of U.S. companies in the Chinese market did not reach a satisfactory agreement during the Wednesday dialogue. 

 

Focus on the Dialogue

The meeting held by the Trump administration and China wants a “more fair, reciprocal and equitable” trade relationship between China and the United States to cut China’s $347 billion trade deficit. Wilbur...

» Read more
Loader