Description
Added on the 23/05/2019 16:43:05 - Copyright : Wochit
The EU trade commissioner Valdis Dombrovskis warned Tuesday that Chinese regulations governing the transfer of data out of the country, including a revised anti-espionage law, could have "unintended consequences". "This may be an issue of systemic concern and it may affect all internationally active companies, not only European companies but also Chinese companies," he said. SOUNDBITE
Beijing / Shanghai, Aug 7 (EFE/EPA).- China's trade with the rest of the world grew by 11.5 percent year-on-year in July, official data published on Saturday showed.However, the customs data indicated that the growth rate from a year earlier has slowed down.Yuan-denominated exports grew 8.1 percent last month to 1.82 trillion yuan ($281.6 billion), and imports increased 16.1 percent to 1.45 trillion yuan ($224.4 billion). (Camera: ARCHIVE).ARCHIVE FOOTAGE OF THE CITIES OF BEIJING AND SHANGHAI, CHINA.
The IMF says while the US economy is expected to grow slightly faster this year, it will be overshadowed by material risks including damage from the China trade conflict. SOUNDBITE
Along with Syria and migration, risks to the global growth outlook will be the top talking points at this weekend's G20 summit in Turkey. But as David Pollard reports, there's some scepticism as to what concrete decisions will emerge from the meeting.
Geely-owned carmaker Volvo Car Group has kept its full-year sales target despite a slowdown in China. As Hayley Platt reports strong European demand helped power a 71 percent jump in first-half profit.
The United States "will not accept" a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said on Monday as she wrapped up high-level talks in China. This was the situation over a decade ago when Chinese government support led to a surge in steel exports, she told reporters, adding: "I know that these serious concerns are shared by our allies and partners." SOUNDBITE