TRADE WARS - RUSSO DAILY

Ivanka Trump is exception to dad's 'Buy American' rule

Mar 12, 2017 (AFP)

In his January inauguration speech, US President Donald Trump made a seemingly straightforward pledge: "We will follow two simple rules: buy American and hire A...

China says industrial policy not aimed at foreign firms

Mar 11, 2017 (AFP)

China on Saturday tried to downplay concerns it is reducing market access for foreign enterprises, days after a report by an EU group accused Beijing of trying ...

China producer prices jump 7.8% in February: govt

Mar 09, 2017 (AFP)

China's factory gate prices rose at the fastest pace in more than eight years in February, official data showed Thursday, fuelling hopes the country may export ...

Silk Road evolved as 'grass-routes' movement

Mar 09, 2017 (SPX)

Nearly 5,000 years ago, long before the vast east-west trade routes of the Great Silk Road were traversed by Marco Polo, the foundations for these trans-Asian i...

China warns of 'trade war' if WTO ignored

Mar 09, 2017 (AFP)

China warned Thursday that United States ignoring World Trade Organization rulings could trigger a "trade war" after President Donald Trump's administration sai...

Baidu CEO defends state support of Chinese firms

Mar 09, 2017 (AFP)

State support for private firms is crucial in China's market, the head of the mainland's online search giant Baidu said Thursday, following complaints from Euro...

Delivery startup Instacart bags new funding

Mar 08, 2017 (AFP)

Instacart on Wednesday announced it bagged $400 million in fresh funding to ramp up and improve its US-focused grocery delivery service. The funding round led b...

China imports surge almost 40% on-year in February

Mar 08, 2017 (AFP)

China's imports surged almost 40 percent last month, data showed Wednesday, fuelled by higher commodity prices and strong domestic demand, bolstering hopes that...

Britain owes EU two billion euros after China import fraud: probe

Mar 08, 2017 (AFP)

Britain owes the European Union budget two billion euros after turning a blind eye to a major scam by Chinese importers, the EU's fraud office said on Wednesday...

EU group says China plan 'skews' high-tech field

Mar 07, 2017 (AFP)

Beijing's plans to use "staggering" subsidies to create national champions in high-tech industries would further skew China's business playing field and worsen ...

Navy, shiny leather and suits: the big Paris fashion week trends

Mar 07, 2017 (AFP)

Snazzy men's style suits, lots of shiny leather, hats galore and navy blue... Here are the big womenswear trends on the Paris catwalks as the autumn-winter show...

Alibaba's Jack Ma blames outdated law for fakes

Mar 07, 2017 (AFP)

Alibaba's founder Jack Ma urged stronger penalties for selling counterfeits Tuesday in an open letter arguing that "outdated and unrealistic" laws and regulatio...

White House's Navarro: trade deficit threat to national security

Mar 06, 2017 (AFP)

The Trump administration's top trade advisor said Monday US trade deficits are a threat to national security that could cause the loss of American freedom and p...

China trims GDP target, citing severe challenges

Mar 05, 2017 (AFP)

Chinese Premier Li Keqiang warned Sunday the world's second-largest economy faces severe challenges, signalling a further deceleration as he announced a trimmed...

Financial risks hang over China legislature meeting

Mar 03, 2017 (AFP)

China's rubber-stamp legislature convenes this weekend with the script focused on containing worrisome economic risks while President Xi Jinping consolidates po...

China counts over 100 billionaires among top Communist legislators

Mar 03, 2017 (AFP)

China counts more than 100 billionaires among its top legislators, with 209 of the richest holding wealth nearly equivalent to Belgium's annual GDP, according t...

WTO faces first attack from US under Trump

Mar 02, 2017 (AFP)

The World Trade Organization on Thursday became the target of a first concrete attack launched by US President Donald Trump's administration when Washington dec...

China's new bank regulator vows real estate, shadow banking crackdown

Mar 02, 2017 (AFP)

The newly appointed head of China's banking watchdog said Thursday he would crackdown on real estate speculation and the country's shadow banking sector, promis...

China defends WTO in face of Trump rebuke

Mar 02, 2017 (AFP)

China said Thursday it will continue to support the "open and unbiased" World Trade Organization (WTO) in a statement that came on the heels of an announcement ...

China to cut 500,000 steel and coal jobs this year

Mar 01, 2017 (AFP)

China said Wednesday it will cut 500,000 jobs in the steel and coal industries this year as it continues to trim excess capacity in the smokestack sectors amid ...