US semiconductor imports grew 13% in value during the start of 2023, highlighting the country’s lasting reliance on foreign chip needs. Though efforts have been made to shift supply lines… read more →
The United States Dollar has been the de facto global currency for the better part of the past century. While rhetoric questioning its longevity in this role has been around for decades, the past year has seen more leaders of rapidly emerging economies beginning to question why it still needs to be this way.
Today, BNP announced a collaboration with the Bank of China, launching a new digital wallet service and wallet applications for e-CNY, the digital currency of the Chinese yuan. Both banks… read more →
China and Australia’s top trade officials have met for the first time since 2019, in the latest sign of warming in diplomatic relations between the two countries. Trade minister Don… read more →
The latest issue of TFG’s Trade Finance Talks, ‘Sailing into 2023: Navigating the new year’, is out now!
The Ukraine conflict has replaced the pandemic as the leading strain on global trade. For the first time in 25 years, global trade in the coming decade will grow at… read more →
TFG asked Francoise Huang, senior economist for Asia Pacific and Trade at Allianz Trade, John Miller, chief economic analyst at Trade Data Monitor, and Richard Wulff, executive director at ICISA, to give their thoughts on the 2023 trade environment.
For sustainable trade finance to scale, the industry needs a uniform model for ESG data that can be used by everybody, says Pradeep Nair, Global Head of Structured Solutions and Development of Standard Chartered Bank
From former US President Donald Trump’s trade war with China to House Speaker Nancy Pelosi’s controversial visit to Taiwan in August, ties between the US and China have been delicate in recent years.
A new report on Thursday claimed that China is willing to cooperate with countries along the China-Europe Railway Express lines, jointly promoting the construction of major infrastructure projects. This will… read more →
The ongoing Russia-Ukraine conflict has created ripples throughout many channels of the trade finance industry, not least the agricultural sector. In response, China has turned toward Brazil in a bid… read more →
The financial belt is tightening around China’s Belt and Road Initiative (BRI).
Many headlines in recent weeks highlight the mounting debt and declining activity that the “project of the century” is now facing.
China’s trade surplus rose to a record high of $101.26 billion in July, the first time in history that the indicator has risen above the $100 billion mark. A trade… read more →
China has announced a series of trade restrictions against Taiwan in response to United States House Speaker Nancy Pelosi’s visit to the island on Tuesday. China will no longer allow… read more →