Peru's ambassador to China, Carlos Vasquez, stated that Peru aims to move beyond raw mineral exports to China, seeking investment in infrastructure to diversify its economy and reduce risks from trade ties currently dominated by commodities like copper and iron.
An analysis claims the EU's economic decay over two decades has been three times faster than the late Qing dynasty, challenging Brussels' narrative of Chinese overcapacity. The EU's per capita manufacturing output is significantly higher than China's, suggesting structural dependence on foreign markets.
The UK government proposed a single market for goods with the EU, but EU officials reportedly rejected it, suggesting a customs union or EEA instead. Labour's red lines prevent these alternatives. The UK hopes for agreements on food, emissions trading, and youth mobility at an upcoming summit.
US and China establish new trade and investment boards to foster a stable economic relationship based on fairness and reciprocity. Agreements include addressing rare earth concerns, denuclearizing North Korea, and significant agricultural and aircraft purchases by China.
The next round of US-China trade talks appears to be a rushed precursor intended to set the stage for President Donald Trump’s state visit to Beijing, according to analysts who expect only modest deliverables from the negotiations. Chinese Vice-Premier He Lifeng will meet US Treasury Secretary Scott Bessent in South Korea this week, both sides have confirmed, marking the latest in a series of diplomatic sprints intended to stabilise the world’s most consequential economic relationship. The...
Agreements would aim to shield British industry from new steel tariffs and stricter rules on electric vehicles due in 2027Downing Street hopes to secure deals on steel and electric cars with the EU as it seeks to upgrade the post-Brexit economic relationship.Amid economic uncertainty caused by the conflict in the Middle East and strains in relations with the US, Keir Starmer is seeking closer economic ties with the EU. Continue reading...
