China's imports rose more than exports in the month of August. While the country continues to post a huge trade surplus, there are signs the balance could be shifting slightly.
Unfazed by an escalating trade conflict between the US and China, German companies were able to log strong export figures for August. But there are no guarantees it will remain so rosy for the rest of the year.
China's vast export engine unexpectedly accelerated in September, producing a record trade surplus with the United States that could worsen already strained relations between Beijing and Washington.
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.
German Chancellor Angela Merkel has rebuked the "America First" approach to free trade of US President Donald Trump. Meeting in Brussels, European and Asian leaders have pledged to create "win-win" situations.
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