China’s consumers, while wary of big-ticket purchases like cars or apartments, are spending again. Many factories are still running below capacity, but exports are strengthening. Even as construction of new […]
International Trade and World Market
Trending topics and news from the International Trade and World Market category
Back to news homeU.S. Car Brands Will Benefit Most From Electric Vehicle Tax Breaks
American brands like Tesla and General Motors will benefit most from rules that determine which electric vehicles qualify for tax credits starting on Tuesday. Foreign carmakers like Hyundai will be […]
As U.S. Tries to Isolate China, German Companies Move Closer
As Washington seeks to throttle economic ties with Beijing, two powerful engines of the German economy, Volkswagen and the chemical company BASF, are broadening their huge Chinese investments.Volkswagen, which has […]
IMF Lowers Growth Outlook Amid Financial System Tremors
WASHINGTON — The world economy faces the increasing risk of a painful slowdown amid worries about the global banking system and concerns that rising interest rates could force banks to […]
How AI and DNA Are Unlocking the Mysteries of Global Supply Chains
Having a full picture of their supply chains can offer companies other benefits, like helping them recall faulty products or reduce costs. The information is increasingly needed to estimate how […]
Biden’s Reluctant Approach to Free Trade Draws Backlash
WASHINGTON — Since President Biden came into office two years ago, the United States has declined to pursue new comprehensive free-trade agreements with other countries, arguing that most Americans have […]
In Surprise, OPEC Plus Announces Cut in Oil Production
Saudi Arabia, Russia and their oil-producing allies announced on Sunday that they would cut production by more than 1.2 million barrels of crude a day, or more than 1 percent […]
Global Economy May Be in a ‘Lost Decade,’ World Bank Warns
WASHINGTON — The World Bank warned on Monday that the coronavirus pandemic and Russia’s war in Ukraine had contributed to a decline in the global economy’s long-term growth potential, leading […]
The Lure of the ‘Made in America’ Sales Pitch
As a teenager in Southern California, Taylor Shupe confidently declared plans to one day lead a global company, an ambition that would surely bring him to China. By the time […]
China’s Rise Relied on the West. Xi Jinping Is Turning Away.
In late 1978, China’s paramount leader, Deng Xiaoping, set in motion two major policy shifts that would change China and the world order in the decades to come. At a […]