The car industry is in shock, with the announcement from Washington of 25% tariffs on auto imports to the United States. Here’s what every car owner and business needs to know about how this crucial industry will be affected around the world.
Tag: free-trade zone
Brazil and Argentina have raised the idea of a shared currency for the South American trading zone. But few believe this is possible without more economic harmonization in the region.
-OpEd- HONG KONG — Lately there have been snarky voices and Internet taunting directed at Hong Kong. This mostly comes from Chinese mainlanders declaring that Hong Kong’s economy is doddering and unprogressive, and that from both an entrepreneurial and infrastructure point of view, it is lagging behind the world and mainland China. Other critics say […]
AFP, CHINA DAILY, THE ECONOMIC TIMES (India) Worldcrunch SHANGHAI — In a bold push to reform the world’s second-largest economy and open it to cross-border business, China will allow unfettered exchange of its RMB currency in the country’s first free trade zone, according to a draft plan AFP previewed Thursday. The Free Trade Zone is […]