Tag #Economic Diversification

Showing 37 to 48 of 67 results

usa.chinadaily.com.cn
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US Tariffs Push African Countries Towards China and Regional Trade

The US's renewed trade protectionism, including a 10 percent tariff on Kenyan exports and a previously imposed 50 percent tariff on Lesotho's exports (paused for 90 days), is forcing African countries to diversify trade partnerships towards China and other emerging markets, while simultaneously prio...

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48% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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Latin America Diversifies Trade Amidst Rising US Tariffs

Facing increased US tariffs, Latin American nations are actively diversifying trade partnerships, particularly with China, to mitigate economic uncertainty and reduce dependence on the United States, as evidenced by the CELAC summit's criticism of US trade policies and the growing participation in C...

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dw.com
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Oligui Nguema Favored in Gabonese Presidential Election Despite Coup

General Brice Clotaire Oligui Nguema is the frontrunner in Gabon's presidential election, despite seizing power in a coup, promising economic diversification amid high poverty and youth unemployment; his main rival is Alain Claude Bilie-By-Nze.

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No Poverty
dw.com
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US Tariffs Force China and EU to Diversify Trade

High US tariffs on Chinese goods (125%) caused global market shocks; China seeks to boost trade with regional neighbors like Japan and South Korea, while the EU plans to diversify trade globally to counter US protectionism, but faces internal hurdles.

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africa.chinadaily.com.cn
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US Tariffs Pose Triple Threat to Middle Eastern Economies

US tariffs create a triple threat for Middle Eastern businesses: depressed oil prices, export tariffs, and high interest rates, impacting economic growth and diversification efforts despite some short-term potential benefits.

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africa.chinadaily.com.cn
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Chinese Manufacturers Drive Industrial Upgrades, Boosting Exports to Emerging Markets

Facing trade headwinds, Chinese manufacturers are upgrading to produce tech-intensive green products, significantly increasing exports to emerging markets; Risen Energy's energy storage exports surged 870 percent year-on-year, while Shenyang Yuanda Aluminium's new contracts exceeded 1 billion yuan, ...

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Affordable and Clean Energy
jpost.com
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Saudi Arabia's Oil-Fueled Transformation and its Uncertain Future

Jack Philby's 1932 deal with Standard Oil of California granted oil rights in Saudi Arabia, leading to the discovery of massive reserves in 1938, transforming the impoverished kingdom into a wealthy nation now facing challenges due to global shifts towards renewable energy and seeking diversificatio...

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Reduced Inequality
usa.chinadaily.com.cn
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Chinese Tuna Exporter Pivots to Domestic Market Amid US Tariff Hikes

Facing declining US orders due to 145 percent tariffs, Asian tuna exporter Ningbo Today is partnering with Yonghui Superstores to expand its domestic sales, leveraging a new 'green channel' for faster product placement and marketing support, aiming to mitigate export pressure and boost domestic bran...

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elpais.com
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Chancay Port: A Gateway for Latin American Trade Diversification with Asia

The newly opened Chancay port in Peru, a major Chinese investment, can handle megaships, offering Latin America enhanced trade with Asia, particularly China, mitigating tariff crisis vulnerabilities.

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faz.net
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Brazil Navigates US-China Trade War: Opportunities and Risks

Brazil is experiencing mixed economic effects from the US-China trade war; increased agricultural exports to China offset the impact of US tariffs on steel and aluminum, but growing dependence on China poses long-term risks.

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europe.chinadaily.com.cn
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US Tariffs Pose Triple Threat to Middle Eastern Economies

US tariffs create a triple threat for Middle Eastern businesses: depressed oil prices, export tariffs, and high interest rates; Goldman Sachs cut its 2025 US GDP forecast to 1.7 percent due to tariff uncertainty; Middle Eastern economies face risks from lower oil prices, tariffs on their exports, an...

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bbc.com
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German Defense Industry Boosts Production, Targeting Automotive Sector Amidst Rising European Military Spending

Facing economic downturn, German defense firms are expanding production, utilizing the struggling automotive sector's workforce and facilities to meet increased European military spending demands driven by the Ukraine conflict and pressure from the US, potentially boosting Germany's GDP.

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44% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 67 results