China, Factories Feel
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19hon MSN
China has reported a mixed economic performance in May, as retail sales jumped while factory output slowed in the face of higher U.S. tariffs.
As the metal gangway lowers down, the crew gets to work securing the ship to the dockside – their bright orange jumpsuits dwarfed by the vast pink container ship behind them.
Home decor retailer At Home has filed for bankruptcy, saying lower spending and higher tariffs are both affecting its bottom line.
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China will negotiate and sign a new economic pact with Africa that will get rid of all tariffs on the 53 African states it has diplomatic ties with, it said, a move that could benefit middle-income nations.
From supply chain competition between Beijing and Washington to domestic consumption picking up in China, here’s a round-up from today’s coverage.
Trump’s announcement provides investors with a fresh incentive to turn their attention to global trade, particularly the shipping industry.
The tariffs wars involving global economic powerhouses such as the US and China are being felt even in such distinctly local places as your regional amusement park.
The trade war continued to weigh on China’s manufacturing and exports in May, but retail sales gained momentum.