As the end of the annual National People's Congress, Prime Minister Li Keqiang emphasised that China does not want a trade war with the US. And promised European companies fair access to Chinese markets.
US officials are in China on Monday for the start of fresh trade negotiations. What's on the agenda — and what progress could be made as another deadline looms in the trade battle between Beijing and Washington?
Over nearly 10 years, the world economy has been growing by a moderate but steady clip. In 2019 though, risks such as Brexit, trade wars and higher interest rates could spell the end to an unprecedented economic boom.
Some emerging economies, including Turkey and Argentina, could be forced to cut spending to bridge yawning deficits. As interest rates continue to rise in the US and Europe, there is no respite for them any time soon.
China's defense budget is once again thrust into the spotlight as delegates to its largely rubber-stamp parliament gather for their annual meeting. There are signs that Beijing’s military spending will continue to rise.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version