Tag: china trade

Asian markets rise as China trade report lifts optimism

HONG KONG, China (AFP) — Asian markets rose on Wednesday as investors look ahead to a Group of Seven summit, while reports that China-US trade talks were progressing well provided some support. The gains extend a broad rally across the region in recent days as optimism in the US economy, the world’s biggest, has helped temper geopolitical worries. The Nasdaq hit another record in New York even as the lead from US traders was generally […]

The trains and sea ports of China’s new Silk Road

BEIJING, China (AFP) – China’s Silk Road summit on Sunday will highlight the country’s plans to revive ancient trade routes from Asia to Europe and Africa with a massive network of rail and maritime links. The One Belt, One Road Initiative was unveiled by President Xi Jinping in 2013. Xi will host top officials from 28 nations for the two-day conference on the outskirts of Beijing, though few Western leaders will attend the meeting. Beijing’s […]