EU leaders are considering trade defence measures against China's 'overcapacity,' but the author argues this is a misnomer. China's manufacturing growth stems from its integration into global supply chains and adherence to international standards, making its products competitive through efficiency and expertise, not unfair practices.
The G7 nations will meet in Evian-les-Bains, France, to discuss the wars in Ukraine and Iran, global economic imbalances, and the rise of AI. Ukraine's President Zelenskyy will attend to discuss support, while leaders will also address the Iran war framework and China's economic policies.
G7 finance ministers and central bank governors met in Paris to tackle economic tensions and global imbalances, driven by inflation fears from the Iran conflict and its geopolitical fallout. Bond markets experienced significant sell-offs, with investors anticipating central bank interest rate hikes.
G7 finance ministers and central bank governors met in Paris to tackle economic tensions and global imbalances. The meeting followed a sharp sell-off in global bond markets due to inflation fears exacerbated by the Iran conflict. Discussions focused on addressing deep global economic imbalances and coordinating responses to inflationary shocks.
The EU’s outgoing top trade official Sabine Weyand used her departing appearance at the European Parliament to pour cold water on the prospect of an investment deal with China, hinting instead that new weapons for dealing with Chinese “macroeconomic imbalances” could be on the way. Weyand, who is leaving her role as the EU’s director general for trade after a seven-year tenure, said the Comprehensive Agreement on Investment – a pact signed in the last days of 2020 but frozen soon after in a row...
The EU’s outgoing top trade official Sabine Weyand used her departing appearance at the European Parliament to pour cold water on the prospect of an investment deal with China, hinting instead that new weapons for dealing with Chinese “macroeconomic imbalances” could be on the way. Weyand, who is leaving her role as the EU’s director general for trade after a seven-year tenure, said the Comprehensive Agreement on Investment – a pact signed in the last days of 2020 but frozen soon after in a row...
