China Is Studying Yuan Devaluation as a Tool in Trade Spat

China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, as the country’s leaders weigh their options in a trade spat with U.S. President Donald Trump that has roiled financial markets worldwide. Senior Chinese officials are studying a two-pronged analysis of the yuan that was prepared by the … More China Is Studying Yuan Devaluation as a Tool in Trade Spat

Spending by international visitors in Finland increased by 20% in 2017

International travellers paid a record-breaking 8.3 million visits to Finland in 2017 and spent nearly €500 million more than the year before. Chinese visitors were the most extravagant, spending more than €1200 per visit. In all, international visitors brought in €4 billion in revenue comparable to export. A survey conducted by Business Finland’s Visit Finland … More Spending by international visitors in Finland increased by 20% in 2017

Chinese foreign trade ends two-year downward trend

China saw its total import and export trade volume increase by 14.2 percent in 2017, ending two years of negative growth in the process. Rising global demand and the improved economic situation within its borders both contributed to the growth of the country’s international trade. According to statistics released by the General Administration of Customs … More Chinese foreign trade ends two-year downward trend