China’s record US trade surplus leaves Trump trumped

The US president will hate the figures after saying he is getting 'much tougher' on the world's second largest economy By Gordon Watts   Whichever way you look at it, the latest trade figures from China will make uncomfortable bedtime reading for Donald Trump. In yuan or dollar terms, the numbers are dripping with red … Continue reading China’s record US trade surplus leaves Trump trumped

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Climate change refugees imperil Vietnam’s growth

International Monetary Fund estimates higher global temperatures, rising sea levels and climate-caused migration could cut growth by 10% by 2021 By Alan Boyd Climate change refugees are streaming out of Vietnam’s vital Mekong Delta agricultural region amid warnings of deep economic losses unless the government steps up its commitment to environmental sustainability. The International Monetary … Continue reading Climate change refugees imperil Vietnam’s growth

‘Cold War Mentality’: US Defense Strategy Includes False Judgments on China

BEIJING (Sputnik) - The new US National Defense Strategy includes a lot of false and absurd judgments related to China, which are the remnants reflecting the Cold War mentality, the Chinese Defense Ministry said in a Saturday statement. "On January 19, the US Department of Defense released the reporton the National Defense Strategy. The plan of the national strategy, … Continue reading ‘Cold War Mentality’: US Defense Strategy Includes False Judgments on China

Beijing floats IPO plan to help turn ‘Silk Road’ dream into reality

Projected to cost $1 trillion, the colossal Belt and Road Initiative has dragged in Chinese companies that could now turn to Hong Kong for funding By Gordon Watts   When it comes to twists and turns, China’s grandiose Silk Road project is starting to resemble a theme park rollercoaster. In the latest development, Beijing is … Continue reading Beijing floats IPO plan to help turn ‘Silk Road’ dream into reality

Deputy Minister: Identification of new export markets in spotlight

By Aygul Salmanova Expansion of export opportunities for non-oil products in Azerbaijan and identification of new export markets are at the center of attention, Deputy Minister of Economy Sahil Babayev told Azernews. Babayev noted that a number of measures are carried out in order to increase the volume of some "Made in Azerbaijan" products and … Continue reading Deputy Minister: Identification of new export markets in spotlight