LONDON: Oil prices rose on Tuesday after a volatile session sparked by confusion over the status of the US-China trade deal.Markets were unsettled by surprise comments from White House trade adviser Peter Navarro, who said the hard-won deal was "over", though US President Donald Trump later soothed jangled nerves with an assurance that the agreement was fully intact.Brent crude rose 49 cents, or 1.1 per cent, to $43.57 a barrel by 0933 GMT, having skidded to a session low of $42.21. US oil was up 48 cents, or 1.2 per cent, at $41.21 a barrel after touching a low of $39.76.US-China relations have reached their lowest point in years since the coronavirus pandemic that began in China hit the United States hard. President Trump and his administration have repeatedly accused Beijing of not being transparent about the outbreak.Oil prices were also supported by data showing that the historic downturn in the euro zone economy eased again this month as businesses resumed activity across the … [Read more...] about Crude oil prices rise after Trump assurance on China trade deal
Pak china trade volume 2018
During the period, the city's trade with the ASEAN countries and Mexico both rose by nearly 10 percent. It also reported positive trade growth with other major trading partners, including the European Union, Britain, Japan and the Republic of Korea. Enditem … [Read more...] about China’s Shenzhen sees foreign trade volume up 2 pct in Jan.-Aug.
As this year's Guest Country of Honor, the Philippines had a 400-square-meter national pavilion. With some Philippine enterprises unable to come to the site due to the pandemic, visitors could scan the QR codes in the pavilion to learn about projects and products, or step into the negotiating room and talk to people in the Philippines directly via video link. … [Read more...] about China Focus: China trade fair offers business opportunities amid pandemic
While the volume of the trade may not be huge and only 200 traders are involved in the exercise, political observers believe that the trade at Nathu La has a unique symbolism and underlines the idea of Sikkim — which shares borders with China, Nepal and Bhutan — being a peaceful and tranquil State. … [Read more...] about India-China standoff casts shadow on Nathu La border trade
Since the pandemic has hit developing countries' economies harder than those of developed countries, Gao said that China needs to figure out more measures to stabilize trade ties with Africa and Latin American countries, and pay attention to the relocation of its labor-intensive industries to other markets in the next stage. … [Read more...] about Foreign trade results better than expected