US GDP Contracts 0.3% in Q1 as Tariffs Fuel Recession Fears
US GDP shrinks 0.3% in Q1 amid rising tariffs, record export drag and slowing consumer and government spending, as recession fears take hold.
Trade
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Kenya-China Ties Grow as BRI Drives Shared Prosperity
President Ruto’s state visit to the Chinese mainland deepens BRI cooperation, boosting Kenya’s infrastructure, trade, and connectivity under Vision 2030.
Tariffs Tangle: Reciprocal Tariffs Threaten Global Recovery
The Trump administration’s April 2 “reciprocal tariffs” policy risks disrupting global supply chains and slowing economic recovery, raising fresh questions about the future of trade.
Chinese Mainland and Azerbaijan Eye Broader Cooperation in Digital Economy and Trade
At a recent Beijing conference, the Chinese mainland and Azerbaijan signed 13 projects spanning digital economy, aluminum and agriculture, underscoring deepening trade ties ahead of President Aliyev’s state visit.
Chinese mainland Urges Taiwan Businesspeople to Unite Against External Pressures
Song Tao calls on Taiwan businesspeople to strengthen cross-strait ties and face external risks together, as the Chinese mainland pledges equal treatment, support, and resilient economic fundamentals.
US Reciprocal Tariffs: Hidden Costs and Global Risks
US reciprocal tariffs risk escalating a global trade spiral, driving up costs, disrupting supply chains, and chilling investment across G20 markets.
Global Trade Forecasts Tumble Amid Rising Tariff Tensions
Rising trade tensions dim global trade outlook; WTO warns of a 0.2% decline that could worsen to 1.5% under renewed tariffs, while UNCTAD sees slower growth.
Xi Jinping Champions Enduring China-Cambodia Friendship at Khmer New Year Visit
Xi Jinping’s article highlights a vision for lasting China-Cambodia friendship, underpinned by historic ties, mutual benefit, and shared progress during the Khmer New Year.
California Sues Trump Admin Over Unlawful Tariffs
California sues the Trump administration over tariffs that threaten local businesses and impact global trade dynamics.
China, Malaysia Forge a Shared Future Strategic Community
China and Malaysia are building a high-level strategic community with shared future, marked by booming trade, tech innovation, and rich cultural exchanges.