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Key articles on the effect of Russia’s invasion of Ukraine on the global economy and trade
Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
...“President Biden and I will not accept that reality again,” she said in Beijing, adding that since China joined the World Trade Organization in 2001 the US had lost 2mn manufacturing jobs....
...Trade Secrets is edited by Jonathan Moules...
...The most recent call from inside the house is the prospect, discussed in a story in Politico this month, of an incoming Trump administration trying to use a dollar devaluation to reduce the trade deficit...
AmCham China highlights concerns about lack of regulatory clarity as Beijing seeks to shore up confidence
...Slowly but surely, Taipei has broken through Beijing’s attempts to isolate it and opened up economic pathways with global partners....
...Yet such high growth rates are far from unusual in Chinese trade statistics....
...“We see the cost estimates by trade associations and that is obviously a source of concern for traders.”...
...European public and consumer sentiment, or at least campaigners’ influence, is now one of the most powerful forces determining swaths of EU trade policy and hence global regulation....
...That’s because the current global trade and financial framework still incentivises what’s cheapest for companies and most profitable for shareholders, not what’s best for the planet....
...The IMF said in its report on Europe: “An uncoordinated policy response to structural pressures such as trade fragmentation — the splintering of countries into blocs that trade mostly with each other — could...
...It would probably have garnered more attention if those in charge of the global economy were not otherwise occupied....
...Unlike China, India is a noisy democracy with still-high barriers to trade. In 2022, India had one of the highest import duties globally, according to the World Trade Organization....
Washington considers sanctions on Chinese financial institutions, according to people familiar with the situation
...Global goods trade volumes are expected to return to growth this year after a fall in 2023 because of high energy prices and inflation, the World Trade Organization said on Wednesday....
...There must be an understanding that countries have a right — indeed a need — to protect their own economic and political stability at home, even as they engage in global trade....
...The food and drink sector employs a total of 4.2mn people in the UK, with global exports of food, feed and drink worth a total of £25bn in 2022, according to government statistics....
...Instead, it appears trade remains at the heart of global economics. Here’s Serhan Cevik’s paper Long Live Globalization: . . ....
...Africa’s smallest and least populous country is a global crypto trading hub....
...Nature, or at least the global goods industry, is healing. Nor is there a sense of big shifts in long-run patterns of trade or production....
...But the alternative is that the US continues to take a unilateral approach to rejiggering the global trade system....
...Trade groups have reacted angrily to a UK government announcement that consignments of EU plant and animal products will face charges of up to £145 when imported into Britain from the end of this month....
...alan.beattie@ft.com Letter in response to this article: UK could learn from Australia’s China strategy / From Connor Horsfall, Senior Consultant, Shearwater Global, London SW1, UK...
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