China's quarterly economic growth sinks to 26-year low amid US trade war

The Guardian [4 years ago]

The world’s second-largest economy expanded by 6% in the three months ending in September, down from the previous quarter’s 6.2%, data showed on Friday. It was the weakest growth since China started reporting data by quarters in 1993.

China’s car industry slowdown - manufacturers lose US orders

SCMP [4 years ago]

Car part makers are also losing clients, with a simultaneous decline in production and sales also creating an uncertain future for foreign as well as home-grown car companies that have poured billions of dollars into the world’s largest vehicle market.

Trump’s China Deal Leaves the Global Economy as Uncertain as Ever

New York Times [4 years ago]

President Trump’s trade truce with China may have temporarily cooled tensions between the world’s two largest economies. But the damage from Mr. Trump’s aggressive approach to trade policy will continue to weigh on the global economy.

China auto sales post biggest drop in 7 years as growth engine stalls

Reuters [4 years ago]

A stalling of China’s giant auto sector will be a concern for the country’s leaders in Beijing. It is a major driver of the economy and an important barometer of Chinese consumers’ willingness to open their purse strings.

U.S./China Tariff War Will Lose Auto Industry Sales Worth $770 Billion: Report

Forbes [4 years ago]

Auto sales are coming under huge pressure from the tariff war between China and the U.S. and the global industry will lose sales over the next 5 years worth nearly $770 billion because of this and other problems, according to Germany’s Center for Automotive Research (CAR).

How Asian companies are navigating the trade war

Asia Nikkei [4 years ago]

The Trump administration's tariffs on steel and aluminum were the first big blast in his trade war, and they have already shot through the global economy.

China's slowdown deepens; industrial output growth falls to 17-1/2 year low

Reuters [4 years ago]

The slowdown in China’s economy deepened in August, with growth in industrial production at its weakest 17-1/2 years amid spreading pain from a trade war with the United States and softening domestic demand.

China slowdown, trade dispute hurt global carmakers

dw.com [4 years ago]

The Chinese auto sector has been under a lot of pressure over the past 18 months, hurt by an economic slowdown that has dented consumer confidence, the ongoing trade dispute between Beijing and Washington.

India, Russia promoting trade in local currencies

Financial Express [5 years ago]

Are Russia And China Trying To Kill The Dollar?

Forbes.com [5 years ago]

Iranian & Turkish Banks to Use National Currencies in Bilateral Trade

tasnimnews.com [5 years ago]

Speaking to reporters on the sidelines of the 24th round of Electronic, Computer and E-Commerce Exhibition (Elecomp 2018) in Tehran on Monday, Najafi said exchanging lira with rial in Iran-Turkey bilateral trade has been approved and will be pursued through the banks of the two countries.

Russia & China boost national currencies trade

rt.com [5 years ago]

The two leaders agreed to raise trade turnover and further improvement of its structure, searching for new growth areas and collaboration in trade and economic cooperation. President Putin said Russia-China trade turnover could hit $100 billion by the end of this year.

India to use local currencies for bilateral trade with Iran

en.mehrnews.com [5 years ago]

Oil Industry sources have told the media that both countries are in consonance over the barter-like system, wherein Iran would allow India to make a portion of oil payments in Rupee through the state-run UCO Bank, which has no US exposure, reported Sputnik.

India to use local currencies for bilateral trade with Iran

en.mehrnews.com [5 years ago]

Oil Industry sources have told the media that both countries are in consonance over the barter-like system, wherein Iran would allow India to make a portion of oil payments in Rupee through the state-run UCO Bank, which has no US exposure, reported Sputnik.

Thailand, Japan to promote local currencies for trade

reuters.com [6 years ago]

The two signed a memorandum of understanding on a framework of cooperation to promote use of their local currencies for bilateral trade and investment settlement, including direct exchange rate quotation and interbank trading between the yen and the baht, the Bank of Thailand said.

Pakistani central bank allows Chinese currency for bilateral trade

xinhuanet.com [6 years ago]

In a press release late Tuesday, the State Bank of Pakistan (SBP) stated that Chinese yuan is an approved foreign currency for denominating foreign currency transactions in Pakistan.

China & Iran Agreements On Bilateral Trade Escalate

silverdoctors.com [6 years ago]

Iran, Azerbaijan to Use National Currency in Bilateral Trade

http://en.ibena.ir [6 years ago]

Masoud Karbasian, Iran's Minister of Economic Affairs and Finance, in an interview with Trend news agency called for using national currencies in bilateral trade with Azerbaijan, terming the expansion of banking cooperation as a mean to pave the way for widening economic and industrial ties between the two countries.

Turkey & Iran to conduct bilateral trade in national currencies

The Duran [6 years ago]

Turkey and Iran have officially announced that future bilateral trade will be conducted in Iranian Rial and Turkish Lira. This represents yet another blow to Dollar hegemony, as countries ranging from Russia, China and Venezuela, begin exploring trading options that are not dependant on the United States.

Angola and China will accept national currencies in bilateral trade

macaudailytimes.com [8 years ago]

The central banks of Angola and China are due to settle the details of an agreement that will allow the use of national currencies of both countries in bilateral trade, said the governor of the National Bank of Angola.

Russia, Egypt Exclude US Dollar

ibtimes.com [9 years ago]

Russia and Egypt may replace the U.S. dollar with their national currencies for settlement of accounts in bilateral trade, Russian President Vladimir Putin said in an interview with Egyptian media ahead of his visit to the country on Monday.