TOKYO: Once forecast to become the world’s biggest economy, Japan slipped below Germany last year to fourth place, official data showed on Thursday (Feb 15), although India is projected to leapfrog both later this decade. Despite growing 1.9 per cent, Japan’s nominal 2023 gross domestic product in dollar terms wasContinue Reading
CANBERRA: Australia’s trade and agriculture ministers said on Tuesday (Dec 12) that China had lifted restrictions on imports of meat from three large abattoirs in Australia, in the latest sign of improving relations between the two countries. China blocked imports of Australian commodities including coal, timber and barley after AustraliaContinue Reading
BEIJING: Saudi Arabia’s investment minister met with China’s commerce and industry chiefs in Beijing on Sunday (Dec 10) and discussed expanding cooperation in trade, investment and technology, the Chinese ministries said. China is willing to work with Saudi Arabia to jointly promote China’s Belt and Road infrastructure investment program andContinue Reading
ESSENTIAL Relationships In addition to US-China relations, Yellen argued that closer economic ties with the Asia-Pacific area are beneficial for trade, employment, and security both domestically and abroad. Our method to the Indo-Pacific is supported by our economic relations, according to Yellen. In order to maintain a US rely onContinue Reading
According to Minister Kung Ming – hsin of the Taiwan National Development Council,” this being the situation, there are no problems or difficulties that cannot be resolved.” ” May you tell EU office, on the BIA, can it began, properly moving it ahead?” asked the question,” On the basis ofContinue Reading
WASHINGTON: US President Joe Biden’s administration on Monday (Sep 25) imposed new trade restrictions on 11 Chinese and five Russian companies, accusing some of supplying components to make drones for Russia’s war effort in Ukraine. The Commerce Department, which oversees export policy, added a total of 28 firms, including someContinue Reading
WASHINGTON: US Commerce Secretary Gina Raimondo cautioned China in interviews on Sunday( Sep 3 ) that US businesses’ patience was” wearing thin ,” saying they deserved” predictable environments and a level playing field.” Previously, the two largest economies in the world were each other’s main trading associates. Today, Beijing tradesContinue Reading
WASHINGTON: Washington and Beijing both want to stabilise US-China ties and deal constructively with problems in their relationship, Treasury Secretary Janet Yellen said in an interview airing on Monday (Jul 10). Yellen’s comments on National Public Radio’s Marketplace program come after a four-day visit to Beijing during which she metContinue Reading
“PSEUDO-MEDIEVAL” Fans in other countries also rushed to download the title or purchase it at stores. In Seoul, 23-year-old Jo Young-min said that the game should be a success because “Japanese culture is quite popular and also because Final Fantasy already has a hardcore fan base”. Daniel Ahmad, director ofContinue Reading
SAN FRANCISCO: A former US-based executive of ByteDance, the Chinese company that owns TikTok, has sued it for wrongful dismissal, saying he was fired for sounding the alarm over what he called its “culture of lawlessness”. The suit, filed by Yu Yintao in a San Francisco court, comes as political pressureContinue Reading