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Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers.
YANGON: Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers.
(Corrects to 86,000 kyats in paragraph 25)
BEIJING (Global Times/ANN): After a sharp and confrontational opening as the first talks under the Biden administration between top Chinese and US diplomats concluded in Alaska on Friday local time, several experts and business representatives from China and the US at a high-profile forum on Saturday said they expected more communication and a better dialogue mechanism on bilateral trade -- a sector where the world's largest two economies share massive mutual interests despite their major disputes on political and security issues.
HONG KONG (AFP): Asian markets fluctuated Monday (March 22) as the battle between economic optimism and fears about the inflation and possible rate hikes the recovery will fuel continues to play out on trading floors.
Ngozi Okonjo-Iweala faces a steep challenge to reform the World Trade Organization, including its dysfunctional appeals body, Chinese experts sayRestoring its Appellate Body will be a priority for the Nigerian as she starts her term as the first woman and first African to lead the global trade body
WASHINGTON (Reuters) - The United States officially rejoined the Paris climate agreement on Friday, reinvigorating the global fight against climate change as the Biden administration plans drastic emissions cuts over the next three decades.
GENEVA (Reuters) - Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala is set to receive unanimous backing on Monday to become the first woman and first African director-general of the World Trade Organization.
South Korean trade minister Yoo Myung-hee on Friday abandoned her bid to become head of the World Trade Organization, Seoul said, clearing the way for Nigeria's Ngozi Okonjo-Iweala to become the global body's first woman and first African director-general.