World trade seen growing 2.4 per cent in 2017, uncertainty weighs – WTO

By Stephanie Nebehay GENEVA, Apr 12 : World trade is on track to expand by 2.4 percent this year, though there is “deep uncertainty” about economic and policy developments, particularly in the United States, the World Trade Organization (WTO) said on Wednesday. The range for growth next year has been adjusted to between 1.8 and […]

Some Pakistani power firms stuck in slow lane on China’s Silk Road

By Drazen Jorgic KARACHI/LAHORE, Pakistan, Mar 30 : Kamal Amjad Mian thought China’s decision to invest $36 billion in the Pakistani power sector would benefit his electricity cable business, and, anticipating increased demand, his family spent nearly $30 million on a second plant to double output. But Mian’s Fast Cables and some other Pakistani manufacturers […]

S.Korea complains to WTO over China’s response to anti-missile system-minister

By Christine Kim and Jane Chung SEOUL, Mar 20 : South Korea’s trade minister said on Monday Seoul had complained to the World Trade Organization (WTO) about China’s retaliation against South Korean companies over the deployment of a U.S. anti-missile defence system in the South. “We have notified the WTO that China may be in […]

Former US officials say “complex” relationship with China needs “fresh start”

By Matthew Miller BEIJING, Mar 18 : Former US Treasury Secretary Henry Paulson today said that the Sino-American relationship had grown “increasingly difficult and complex” and required “a fresh start”. “Both countries benefit from the $600 billion trading relationship, but there’s no doubt that the deficit has widened, that there is a strong feeling in […]