The 123rd session of China Import and Export Fair, widely known as the Canton Fair, has seen the number of buyers soared 5.3 percent year-on-year, which was 5-year record high.   The Canton Fair, largest and most important trade fair in China that was held in Guangzhou, South China's  Guangdong Province. As of Thursday, it recorded transaction volume of 189.2 billion yuan ($30.1 billion), up 3.1 percent year-on-year, according to a statement the fair sent to the Global Times on Sunday.

The Australian space industry is set to receive a boost as the government pushes forward its plans to establish a national space agency, announced by the government in September last year, in a bid to coordinate existing efforts in the aeronautical industry and create jobs.

HONG KONG (AP) — Chinese and American officials will be trying to defuse tensions pushing the world's two largest economies toward trade war in meetings in Beijing beginning Thursday. Analysts say that chances for a breakthrough seem slim given the two sides' desperate rivalry in strategic …

International arbitration is on a global roll right now — but New Zealand has not taken full advantage of the opportunities it offers. The extent of the …

More than 1,100 economists, including Nobel laureates and former presidential advisers, have signed a letter warning Donald Trump about his tariff-heavy approach to trade. Many of its passages quote directly from another letter sent in 1930, cautioning against protectionist measures the U.S. imposed …

Observers have been trying to work out what China's Belt and Road initiative means ever since Chinese President Xi Jinping first announced it in 2013. Is it a massive geo-political play, explicitly underlining the end of the American century by replacing it with a China at the centre of old trade routes …

Some countries were then exempted temporarily from those tariffs, including Canada, the EU and Mexico. China was not included in the exemptions and it later retaliated with its own duties on some US imports. Mr Trump responded by calling for further US tariffs against China, escalating trade tensions …

Apr 24 - Beijing has come a long way since it first landed a jet fighter aboard what was originally HMAS Melbourne in 1987. The former Australian aircraft carrier had been sold for scrap. But it proved a source of valuable technical intelligence for an ambitious Chinese military. China surprised the world again …

Apr 24 -  The European Union says a sweeping new trade deal with Mexico is a signal to the rest of the world — including the Trump administration. EU trade commissioner Cecilia Malstrom said Monday that the preliminary deal, agreed on Saturday and to be finalized this year, is a "powerful …

Apr 23 - Last week Israelis began a series of events in celebration of 70 years of statehood since the Declaration of the Establishment of the State of Israel in 1948. While New Zealand's relationship with Israel has in recent years been frosty, history reveals a relationship that was not always so fraught. Indeed …

Apr 23 -The International Monetary Fund's policymaking committee says a strong world economy is threatened by increasing tension over trade and countries' heavy debt burden. Longer-term prospects are clouded by sluggish growth in productivity and ageing populations in wealthy nations. In a statement ...