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Economy



Morocco shines as guest of honor at China-Arab business conference

Organizers have designated Morocco as the guest of honor at the high-profile gathering of the 11th China-Arab Business Conference, which kicked off today in Haikou, China. The two-day event, part of the larger China-Arab States Cooperation Forum, is set to bring together over 1,000 participants, including......

Strengthening ties: Morocco and China at the forefront of industrial partnership

Morocco’s trade minister delivered a compelling address at the China-Arab States Cooperation Forum, which is hosting over 1,000 participants, including local economic operators and Moroccan entrepreneurs based in China. This year, Morocco is honored as the guest of honor at the forum, a distinction......

Trump Authorizes Expansion of Deep-Sea Mining to Secure Strategic Minerals

In a move that has sparked both economic anticipation and environmental concern, President Donald Trump signed an executive order to promote deep-sea mining across U.S. and international waters. The aim is to strengthen U.S. access to vital minerals and reduce reliance on China, which currently dominates......

Trump Softens Stance on Fed Chair Powell amid Market Rally

President Donald Trump has stepped back from his previous threats to remove Jerome Powell as Chair of the Federal Reserve. His earlier criticism of Powell, particularly regarding interest rate decisions, had caused significant turbulence in financial markets. However, Trump clarified to reporters at......

Gold soars past 3500 dollars amid trade turmoil and Fed tensions

For the first time in history, the price of gold surged above $3,500 per ounce on Tuesday, driven by escalating trade tensions and growing friction between former President Donald Trump and the Federal Reserve's chair, which also led to a sharp decline on Wall Street. At 7:30 GMT, the precious metal......

China issues warning against trade deals with the U.S. at its expense

On April 21, China accused the U.S. of misusing tariffs and cautioned countries against entering trade deals with the United States that would harm China's interests. This statement escalates tensions in the ongoing trade war between the two largest global economies. China's Ministry of Commerce......

China Calls for Trade Peace but Stands Ready to Respond

China’s ambassador to the United States, Xie Feng, has called on Washington to seek cooperation and mutual understanding amid growing trade tensions, while making it clear that Beijing will defend its interests if provoked. During a public appearance in Washington, as shared on the Chinese embassy’s......

South Korea Boosts Chip Industry Aid to Navigate US Tariff Risks

South Korea has increased its semiconductor industry support package to 33 trillion won (approximately $23.25 billion), marking a 25% rise from the 26 trillion won announced last year. This move aims to bolster the nation's strategic chip sector amid growing uncertainties surrounding U.S. trade policies......

Exposing the Illusion of Luxury: China's Challenge to Western Brands Amid Tariff Conflicts

Chinese manufacturers and social media influencers are revealing the truth behind Western luxury brands, as escalating tariffs under the Trump administration highlight weaknesses in economic strategy. The narrative of the famous folktale “The Emperor’s New Clothes” finds a modern parallel......

Unmasking the Truth Behind Luxury Goods: The Role of Chinese Manufacturers

A growing trend on social media is prompting consumers to reconsider the origins and value of luxury items. Chinese manufacturers are revealing the stark reality behind high-end brands, exposing how many prestigious products are actually produced in China at low costs and sold at exorbitant prices in......

China’s hidden bankruptcies reveal rising investor risks

Dalian, China – April 15 – When a Chinese pork company filed for bankruptcy in 2019, it shocked Alan Hill, a retired Apple executive from Albuquerque. He had invested around $100,000 in Dalian Chuming Meat Processing through Energroup Holdings, a U.S.-listed firm. While the company had stopped......

Spain's strategic diplomacy amid US tariff tensions

In the wake of the US imposing tariffs on the European Union, Spain's Minister of Economy, Commerce, and Business, Carlos Cuerpo, is heading to Washington for crucial meetings. Cuerpo will discuss the potential impacts of the 20% tariff threat with US Treasury Secretary Scott Bessent and other key......

China, Vietnam sign deals as Xi visits Hanoi amid US tariff tensions

In his visit to Hanoi on April 14, Chinese President Xi Jinping emphasized the importance of deepening trade and supply chain cooperation between China and Vietnam in response to challenges posed by U.S. tariffs. Xi's visit, part of a broader Southeast Asia tour, follows the imposition of significant......

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