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Global Trade Management: Page 75

U.K. Manufacturing Growth Slows

Growth in U.K. manufacturing slowed in November as the weak exchange rate continued to drive up input costs. In response firms raised factory gate prices, raising fears this might offset any positive effect of a weaker pound on exports.

Big Data Reveals the Real Picture of China's Economy, But Can It Survive?

Wu Haishan was at Princeton studying how schools of fish swim together when the crowd behavior of a much bigger group grabbed his attention: his 1.35 billion fellow Chinese. It was Lunar New Year back home in 2014, and Baidu, operator of the country's biggest search engine, had created an animation showing all the trips the Chinese had made during the holiday, which demographers say is the largest annual human migration anywhere. Wu, who'd seen the animation, soon joined Baidu as a data scientist in Beijing. With the company's vast amounts of user location information, he's come up with ingenious ways to measure economic activity.

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Steelmakers Merge in China to Forge New National Leader

China officially established a new national steelmaking leader - the world's second-largest manufacturer - this month by merging two giant mills, as Beijing pushes consolidation in the industry to combat overcapacity.

Farewell to Free Trade. What Will Take Its Place?

Say goodbye to the era of free trade.

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Consumer Spending Starts Q4 With Solid Gain, Commerce Department Reports

U.S. consumer spending posted another solid gain in October and inflation continued to show signs of firming, buoying hopes of strong economic growth in the fourth quarter. The Commerce Department said personal consumption rose a seasonally adjusted 0.3 percent last month after a revised 0.7-percent jump in September.

Life After Brexit: The Future of U.K. Supply Chains

The U.K. is making a clean split from the European Union. How will its economy and trading relationships fare in a post-Brexit world?

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Africa Could Become Fertile Ground for New Energy Investment

Africa wants to become fertile ground for new energy investment - investments that would help electrify parts of the continent and make it ripe for new businesses and new jobs, the African Development Bank says.

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Textile Index: Cotton, Polyester and Wool Prices on the Rise

Declining cotton production last season has led to prices rising year-on-year, according to Mintec's latest textile index. Yet, U.S. production in the current season is likely to rise by 25 percent and reduce pressure on prices.

Global Steel Production Rose 3.3 Percent for October

Global raw-steel production rose 2.6 percent from September to October, totaling 136,522,876 metric tons, with similar percentage increases in most of the major steelmaking nations and regions tracked by the World Steel Association. The year-over-year comparison is even higher for October, with a 3.3 percent higher in October 2016 than in October 2015.

India Cash Crunch May Delay Consumption, Disrupt Supply Chains

Rather than highlighting how far India's economy has come under Prime Minister Narendra Modi's pro-growth administration, a new gross domestic product report underscores just how much there is to lose from his shock clampdown on cash.

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How a Rebel Myanmar Tin Mine May Up-End a Global Supply Chain

From a remote corner of northeastern Myanmar, an insurgent army sells tin ore to suppliers of some of the world's largest consumer companies. More than 500 companies, including leading brands such as smartphone maker Apple, coffee giant Starbucks and luxury jeweler Tiffany & Co, list among their suppliers Chinese-controlled firms that indirectly buy ore from the Man Maw mine near Myanmar's border with China, a Reuters examination of the supply chain found.

Welcome to the Age of 'The Universal Trade War'

Forget about trade friction between the U.S. and China. Now it's a global trade war.

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