Global World News The Us, China, And Europe S Economies Are Drifting Apart The Global Decoupling Is Moving Markets

US-China trade war clouds global economic outlook as 'new normal' emerges

By David Lawder, David Milliken and Andrea Shalal WASHINGTON (Reuters) -International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to ... Read More

Exclusive: WTO chief urges US, China to de-escalate trade war, or risk long-term hit to global growth

The head of the World Trade Organization said warned that a decoupling by the world's two largest economies could reduce global economic output by 7% over the longer term. Read More

In its rivalry with the US, China sees an advantage: the long game

China’s leadership have just concluded a closed-door conclave focused on drawing up the country’s next five-year economic blueprint – a sweeping plan covering everything from accelerating tech ... Read More

IMF chief hopes for easing of US, China tensions to avoid hit to global economy

International Monetary Fund chief Kristalina Georgieva on Friday said she hoped the U.S. and China could ease trade tensions and avoid a cutoff in the flow of rare earths to the global economy that ... Read More

Trump’s Trade War With China Catches the World in Its Crossfire

Mr. Trump’s initial fury softened over the weekend, after his response led to the sharpest decline in stocks since April, when the president’s initial barrage of tariffs was announced. Still, his ... Read More

US-China Trade Spat Is Risk for Global Economy, Kganyago Says

The renewed trade tensions between the US and China could push prices lower in other countries at the expense of their own manufacturers, South Africa’s central bank governor Lesetja Kganyago said. Read More

"Europe’s economy remains resilient despite rising global trade tensions" – Eurogroup President Donohoe's report to the President of the Euro Summit

The President of the Eurogroup, Paschal Donohoe, sent a letter to the President of the Euro Summit, António Costa, to report on the recent work by the Eurogroup and upcoming work priorities. Read More

China's economic growth slows to 4.8%, hit by tariffs and slack demand

The July-September data, the weakest pace of growth since the third quarter of 2024, compares with a 5.2% pace of growth in the previous quarter, officials said. Read More

Europe’s China Dream Is Over, With Poland Now a Bigger Customer

I’m Chris Anstey, an economics editor in Boston. Today we’re looking at Europe’s changed economic relationship with China. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet ... Read More

Europe’s financial independence needs derisking, not decoupling

Europe’s reliance on the US financial infrastructure presents a strategic risk for business. US debt is still the safest asset—that on which all other assets are benchmarked—and the US Federal Reserve ... Read More

Rep. Adam Smith backs renegotiating global economic rules to reflect China’s rise

SHANGHAI (AP) — The head of a U.S. congressional delegation visiting China said he backed renegotiating the rules governing the global economy to take into account China’s rise and that of others such ... Read More

What to look for in China and Europe's climate plans

Dozens of countries are expected to announce new climate targets before the UN COP30 summit in November, but none will be as closely scrutinised as the pledges made by China and the EU. China is the ... Read More