Global Trade and Business

Equities fall on risk aversion with 2023, China reopening in focus

Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors eyed 2023 with caution and weighed hopes for an economic boost from China’s relaxed COVID-19 restrictions against concerns about rising infections there. Reuters said yesterday. The yield on benchmark U.S. 10-year Treasuries rose for a third straight day, reversing an earlier decline […]
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German industry calls for more support to diversify beyond China

One of Germany’s main industry lobby groups called on Monday for more support for industry to diversify trade beyond China, as the government prepares new policies aimed at reducing the German economy’s dependence on Beijing. Reuters reported  Planned measures such as stress tests and greater scrutiny on investments in China, outlined in a draft document seen by […]
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G20: Chinese President says he’s prepared for ‘candid exchange’ as talks with Biden begin

Chinese president Xi Jinping has said he is prepared to have a “candid and in-depth” conversation with his American counterpart Joe Biden during their first in-person meeting in over a decade. The world’s two most powerful leaders smiled and shook hands in front of a row of Chinese and US flags at a luxury hotel on Bali’s Nusa Dua […]
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