global economy
China Condemns Trade Protectionism Ahead of Critical Trump-Xi Summit in South Korea
Oct 29, 2025 02:04 am CST
China's Vice President Han Zheng denounced "bullying" and protectionism at Saudi Arabia's Future Investment Initiative, just days before Chinese President Xi Jinping and US President Donald Trump meet in South Korea to negotiate an end to their prolonged trade dispute. With new tariffs threatened for November 1, this high-stakes diplomatic engagement aims to resolve tensions undermining global economic stability.
President Trump's Critical Asia Trip: High-Stakes Meeting with Xi Jinping Set for October 30 in South Korea
Oct 24, 2025 05:46 am CST
US President Donald Trump embarks on a significant diplomatic tour across Malaysia, Japan, and South Korea, culminating in a pivotal October 30 meeting with Chinese President Xi Jinping that could reshape global trade relations. The trip includes key engagements at the ASEAN and APEC summits, with potential breakthroughs on international trade disputes, regional security concerns, and North Korean tensions.
Trump-Xi Trade Tensions Escalate: Rare Earth Restrictions and Tariff Threats Reshape US-China Relations
Oct 14, 2025 05:32 pm CST
US-China trade tensions have intensified as Presidents Trump and Xi engage in a high-stakes standoff over tariffs and rare earth minerals. With each side waiting for the other to make concessions, global markets remain on edge while Treasury Secretary Bessent attempts to arrange high-level talks. The dispute involves China's new restrictions on rare earth exports and Trump's threats of 100% tariffs, with significant implications for global supply chains and economic stability.
IMF Chief Praises India's Bold Economic Reforms as Key Global Growth Engine Amid International Challenges
Oct 14, 2025 02:43 pm CST
IMF Chief Kristalina Georgieva has praised India's bold economic reforms including digital identity implementation, tax system overhauls, and digital payment infrastructure during the IMF's semi-annual gathering. While forecasting 6.5% growth for India in 2025-26, she contrasted India's rising economic influence with China's deceleration and expressed concerns about global debt issues affecting developing nations and potential disruptions from renewed US-China trade tensions.
Trump Threatens Massive Tariffs on China Following Rare Earth Export Restrictions
Oct 11, 2025 01:05 am CST
President Donald Trump announced he sees no reason to meet with Chinese President Xi Jinping during his upcoming Asia trip after China restricted rare earth exports vital to American industries. Trump is now considering implementing massive tariffs on Chinese imports as tensions escalate between the world's two largest economies despite previous agreements to reduce trade barriers.
Meet Aaron Chatterji: OpenAI's First Chief Economist and His Impact on AI Economic Policy
Oct 10, 2025 10:55 pm CST
Aaron "Ronnie" Chatterji has been appointed as OpenAI's first Chief Economist to research AI's long-term economic implications. With extensive experience in the Biden administration overseeing the $52-billion CHIPS Act and previous roles at Duke University and the White House, Chatterji brings valuable expertise to understanding how artificial intelligence will influence economic growth, job creation, and global productivity. He will be featured at the upcoming NDTV World Summit in New Delhi focusing on global innovation.
Chinese Premier Li Qiang Warns Against Cold War Mentality at UN General Assembly Amid US-China Tensions
Sep 27, 2025 12:46 am CST
At the UN General Assembly, Chinese Premier Li Qiang delivered a speech warning against unilateralism and Cold War thinking, defending multilateralism and free trade in what appeared to be criticism of US policies. Without directly mentioning President Trump, Li positioned China as a defender of global order while addressing concerns about international rules being challenged and disrupted in today's turbulent world.
High-Skilled Migrants 'Key' For US Growth Warns Top Economist
Sep 23, 2025 07:44 pm CST
High-skilled migrants are vital for the US economy, the OECD's chief economist told AFP, after the United States imposed a $100,000 fee for H-1B visas widely used by the tech industry.
"To Make It Harder For Russians": JD Vance On Trump's Tariffs On India
Aug 25, 2025 11:12 am CST
US President Donald Trump's punitive 50 per cent tariffs on imports from India were meant to get an "aggressive economic leverage" for forcing Russia to stop bombing Ukraine, according to American Vice President JD Vance.
India's GDP Growth In 2025-2026 Estimated To Be Highest Among G20 Nations: Report
Jun 04, 2025 03:05 pm CST
Global growth figures are not expected to witness a positive trend according to the OECD, which estimates that the global economy is on course to slow down from 3.3% last year to 2.9% in 2025 and 2026.