Global Economy News

Economy · Global Economy

Berlin and Beijing Urge Economic Stability Amid Rising EU-China Trade Friction

China's Foreign Minister Wang Yi has urged Germany to oppose trade protectionism and maintain open markets following talks with German representative Johann Wadephul. While Beijing advocated for dialogue and mutual cooperation to avoid a trade war, Berlin emphasized that stable economic relations require a genuine level playing field and fair competition for European companies. The high-level discussions also touched on global security issues, including Ukraine, Iran, and stability in the Taiwan Strait.

Botakoz Unbayeva

Economy · Global Economy

Brussels Issues Trade War Warning to Beijing as EU Deficit Soars to Record Highs

The EU has warned China it will deploy aggressive trade defense measures unless Beijing takes immediate action to reduce a record €359.8 billion trade deficit. Ahead of October talks, EU Trade Commissioner Maroš Šefčovič demanded increased purchases of European goods, relaxed market barriers, and fewer controls on critical minerals. If diplomatic efforts fail, Brussels is prepared to deploy over 200 trade tools - including import safeguards and supply-chain diversification rules - though internal EU divisions over potential Chinese retaliation could complicate enforcement.

Botakoz Unbayeva

Economy · Global Economy

China Moves Closer to Europe Through Egypt

Chinese investment in Egypt's Suez Canal corridor is bringing manufacturing and logistics closer to Europe's southern frontier, with bilateral trade reaching $20.7 billion in 2025.

Alvara Merrick

Economy · Global Economy

EU Builds New Economic Bridges

Brussels is signing deals from Latin America to Southeast Asia, with the Mercosur pact now in force and negotiations with India, Australia and Mexico concluded.

Ahmet Balakan

Economy · Global Economy

Germany Seeks a New Growth Model

After two years of near-stagnation, Germany's GDP grew 0.2% in Q2 2026, but the recovery is fragile as the country grapples with high energy costs and competition from China.

Ahmet Balakan

Economy · Global Economy

Dutch Agriculture Powers Trade

Agricultural exports hit a record €137.5 billion in 2025, up 8.4%, and now account for 20.7% of total Dutch goods exports, the highest share since 2001.

Zhansaya Nurlanovna

Economy · Global Economy

Small Ports, Big Economic Impact

Ports are now central to EU economic security, with Malta and Slovenia exemplifying how strategic location can drive national competitiveness.

Ahmet Balakan

Economy · Global Economy

The Sea Behind China’s Economy

New CSIS data shows $6.4 trillion in trade moved through the South China Sea's eight key chokepoints in 2024, with over $2.4 trillion passing through the Malacca and Taiwan straits alone.

Ahmet Balakan

Economy · Global Economy

Ports Become Strategic Trade Hubs

More than 80% of world merchandise trade by volume moves by sea, and UNCTAD data show Shanghai, Ningbo-Zhoushan, and Singapore as the best-connected ports in Q2 2026.

Ahmet Balakan

Economy · Global Economy

Turkmenistan’s Economy Grows 6.3% in H1 2026

Turkmenistan’s economy grew by 6.3% in the first half of 2026, driven by strong oil and gas output alongside gains in construction, trade, and services. While economic stability remains solid, long-term resilience will depend on accelerating diversification beyond the energy sector.

Abdul Hamid Hamid Al-Kba

Economy · Global Economy

The New European Competitiveness Test: Can the EU Stop Wasting Its Own Resources?

As the EU prepares its forthcoming Circular Economy Act, circularity is moving from the margins of environmental policy to the centre of Europe’s competitiveness agenda. This article argues that waste is no longer merely a disposal problem, but a strategic test of Europe’s industrial resilience, resource security and ability to build a functioning market for secondary raw materials. With plastics at the heart of the debate, the piece explores why Europe must transform recycling, product design, traceability and material reuse into pillars of a stronger, greener and more self-reliant economy.

Hudayberdi Kochumov

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