China Reports Economic Contraction as Exports Decline China Reports Economic Contraction as Exports Decline In a troubling development for the global economy, China has reported an economic contraction for the third consecutive quarter, primarily driven by a steep decline in exports. This trend underscores the challenges facing one of the world’s largest economies and raises…
India and Russia Strengthen Economic Ties Despite Western Sanctions India and Russia Strengthen Economic Ties Despite Western Sanctions India is actively deepening its economic ties with Russia, particularly in the energy sector, by securing new oil and gas deals even as Western countries impose strict sanctions on Moscow. The decision reflects India’s strategic alignment with…
Canada Imposes Tariffs on Chinese Electric Vehicles and Steel Imports Canada Imposes Tariffs on Chinese Electric Vehicles and Steel Imports In a significant economic move, the Canadian government announced a set of tariffs on Chinese electric vehicles (EVs) and steel imports, which will take effect immediately. This action stems from concerns over unfair trade practices…
Digital Trade Growth in Asia-Pacific Highlights Regional Disparities Digital Trade Growth in Asia-Pacific Highlights Regional Disparities The Asia-Pacific region has witnessed a significant surge in digital trade over recent years, driven by advancements in technology, an increase in internet penetration, and growing cross-border e-commerce. However, this growth is not uniform across the region. Disparities in…
