Tag: subsidies
South Korea to shrink biomass energy subsidies after criticism over link to deforestation
JAKARTA, Indonesia -- The South Korean government will reduce subsidies for biomass energy after rising domestic and international criticism of its link to...
China's economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
HONG KONG -- China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s...
Canada ready to buy more American products to appease Trump's tariff threat, ambassador says
PALM DESERT, Calif. -- Canada's ambassador to Washington said Monday that Canada is prepared to buy more from the United States, including its...
Orange juice, steel will be on Canada's list for retaliation if Trump imposes tariffs
TORONTO -- Canada is looking at putting retaliatory tariffs on American orange juice, toilets and some steel products if U.S. President-elect Donald Trump...
Beijing-based cyber group protests US sanctions for its alleged role in hacks
BANGKOK -- China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple...
China's manufacturing activity slows in December as trade risks grow
HONG KONG -- China's factory activity expanded at a slower pace in December, official data showed on Tuesday, despite recent stimulus measures and...