The European Union is set to warn that the integration of the bloc’s single market is slowing down at the same time it’s facing stiffening pressure from major global economies including the US and China,
Reeves’ mission has become more desperate as the U.K. economy continues to falter, with borrowing costs this week reaching 1998 levels and the pound tanking, threatening the government’s pledge to generate growth and make Britons wealthier. That's prompted some grumbling back home as opposition parties urge Reeves to pull the trip altogether.
China said the European Union’s measures to shield its companies from foreign subsidies are a barrier to trade and investment, marking the latest clash in the ongoing trade dispute between the two sides.
China faced record 160 trade investigations in 2024, with developing nations leading the pushback over overcapacity concerns; India, EU, and Brazil top the list of initiators
Latest report from EU Chamber of Commerce in China also flags increased costs and market barriers that are ‘stripping away global competitiveness’.
China's exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead of U.S. President-elect Donald Trump's return to the White House this month and fresh trade risks.
China's Ministry of Commerce (MOFCOM) announced on Thursday that it has determined that the practices adopted by the EU in its investigations of Chinese enterprises based on the Foreign Subsidies Regulation (FSR) and its implementing rules constituted trade and investment barriers.
So far, China has used carbon intensity — the amount of carbon dioxide emitted per unit of GDP — as its official target. It announced the metric in 2009, at the height of its economic growth, after facing pressur e to set a quantitative goal to curb its emissions. Its argument was that it was a target that wouldn’t constrain China’s growth.
The incoming U.S. administration admits that its stunning polar gambit is about warding off Russian ambitions.
Donald Trump is scheduled to take charge as the President of United States of America on January 22 and will announce a slew of policy-related decisions. However, the US is likely to witness a slow GDP growth in 2025.
India's economy is projected to grow by 6.6% in 2025, driven by robust consumption, investment, and strong export growth in services and goods. While global challenges persist, India’s focus on infrastructure and export growth fuels optimism.