Johnson’s Brexit more costly than May’s, think tank says

The Brexit proposals floated by Prime Minister Boris Johnson entail a bigger economic cost than what was agreed by his predecessor Theresa May, according to The UK in a Changing Europe. The difference between the two comes from leaving the customs union with the European Union, not having level playing field arrangements and a limited […]

Xi, Modi agree on new trade mechanism at seaside talks in India

Chinese President Xi Jinping and Indian Prime Minister Narendra Modi agreed to set up a new mechanism to discuss trade during two days of informal talks in southern India that were aimed at re-calibrating strained ties between the nations. India raised its concerns about the China-led Regional Comprehensive Economic Partnership, Indian foreign secretary Vijay Gokhale […]

Trump’s hailing of $50b in Chinese farm purchases seen as ‘meaningless’

Beijing: China is still a long way from forking out $50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning that getting there is contingent on removing substantial technical and political hurdles. Outlining the first phase of a deal to end a trade war with China, US President Donald […]

China Sept exports, imports in deeper contraction as tariffs take toll

Beijing A slide in China’s exports picked up pace in September while imports contracted for a fifth straight month, pointing to further weakness in the economy and underlining the need for more stimulus as the Sino-U.S. trade war drags on. Analysts say it could take time for Chinese exports to recover amid slowing global growth […]