Trade between China and Southeast Asia is increasing as a result of the Belt and Road Initiative, but there are also concerns arising.
Taipei, Taiwan — In the past decade since China introduced the Belt and Road Initiative, trade with Southeast Asian countries has increased by over 100%. China has invested billions of dollars in constructing railways, airports, ports, and other infrastructure to…
A lawsuit against GMOs in Kenya has been dismissed by the court, causing concerns about trade in East Africa.
NAIROBI, KENYA — A court in Kenya has rejected a lawsuit contesting the importation of genetically modified foods, upholding a previous court decision that permits the introduction of GMOs. The Law Society of Kenya, the leading organization for legal professionals,…
In September, China’s imports and exports declined by 6.2% due to weakened global demand.
HONG KONG — In September, China experienced a decrease in both exports and imports compared to the previous year. However, the decline was less severe, despite the ongoing low demand in the global market. According to the recently released customs…
Central Asian countries are considering the advantages and drawbacks of China’s Belt and Road Initiative (BRI). Central Asian nations are weighing the pros and cons of China’s Belt and Road Initiative (BRI).
TASHKENT, UZBEKISTAN — Some individuals from Central Asia have expressed their weariness towards Beijing’s political goals and worries about relying too heavily on China. However, they also acknowledge the advantages of the Belt and Road Initiative (BRI), which was introduced…
The Belt and Road Initiative (BRI) from China is providing Africa with infrastructure such as roads and railways, but also creating a burden of debt.
NAIROBI, KENYA — Over 150 nations, particularly in Africa, have agreed to participate in China’s decade-old Belt and Road Initiative, also referred to as the BRI. Although the massive undertaking has successfully improved transportation and infrastructure in numerous impoverished countries,…
The International Monetary Fund has issued a warning about the state of the global economy, describing it as “limping.”
Economists of high standing convened in Marrakech, Morocco, on Tuesday to attend the yearly conference of the International Monetary Fund. Their main point was evident: The global economy is starting to decline as divisions between the East and West become…
Lagarde, head of the ECB, expresses confidence in achieving the 2% inflation target and addresses Europe’s winter gas situation.
Paris — In a recent interview, Christine Lagarde, President of the European Central Bank, expressed her confidence that the ECB will successfully reach its goal of reducing inflation to 2%. She also stated her relative confidence regarding Europe’s gas reserves….