China’s increasing military presence in Africa is seen as disturbing in Washington, with Pentagon officials airing concerns that Asia’s biggest economy is gaining the upper hand in winning regional allies. “They (China) have upped their game, in plain language, and ultimately they are offering things that our partners want, that ...
The IMF warned Thursday that the escalating US-China trade war will “jeopardize” 2019 global growth, undermining confidence and raising prices for consumers. “Consumers in the US and China are unequivocally the losers from trade tensions,” Gita Gopinath, the International Monetary Fund’s chief economist, said in a blog post.