A high-level symposium was held in Islamabad to commemorate Chinese President Xi Jinping's 2015 visit to Pakistan, attended by prominent figures including Chinese Ambassador Jiang Zaidong and Foreign Secretary Amina Baloch. Ambassador Jiang highlighted the significance of their 28-hour visit, which led to the signing of 51 cooperation agreements and elevated bilateral relations to an "all-weather strategic cooperative partnership". He praised China's contributions to alleviating Pakistan's energy crisis through CPEC, as well as people-to-people connections and security cooperation. The Ambassador outlined five strategic priorities for future cooperation, including enhancing trust, aligning the Belt and Road Initiative with Pakistan's development framework, and deepening multilateral coordination.
https://www.thenews.com.pk/print/1303852-symposium-on-celebrating-10th-anniversary-of-president-xi-s-visit-heldChina's yuan hit its weakest level against the dollar in a week due to concerns over an escalating trade war with the US, with traders focusing on which country will prevail in the economic "resilience game". The yuan slipped 0.2% weaker than the previous close at 7.30 per dollar as investors remained wary of President Trump's threats to fire Federal Reserve Chair Jerome Powell, which has renewed pressure on the currency. China is stepping up efforts to boost trade with other countries and improve its financial services, including plans for cross-border yuan payments in Shanghai, but the trust in the dollar as a global currency is being weakened due to the escalating trade row.
https://www.brecorder.com/news/40358921/chinas-yuan-pulls-back-trade-row-keeps-markets-waryChinese solar panel makers are accelerating their plans to set up overseas factories in Southeast Asia as US tariffs on imports from the region reach steep levels. The US Department of Commerce has finalized tariffs of over 3,500% for products made in Cambodia and near 1,000% for some Chinese companies' factories in Thailand. Companies like Hounen Solar are seeking alternative shipping routes to the US amid uncertainty caused by erratic tariff policies under President Donald Trump.
https://www.scmp.com/economy/global-economy/article/3307456/chinas-solar-panel-makers-explore-options-washington-sets-tariffs-southeast-asia?module=top_story&pgtype=sectionThe International Monetary Fund (IMF) has lowered its global growth forecast due to increasing trade tensions and uncertainty, citing US tariffs as a major contributor. The IMF expects US growth to slow to 1.8 percent this year and further to 1.7 percent in 2026. Top trading partners Mexico, Canada, and China are predicted to be negatively impacted by the Trump administration's tariffs, with China's growth forecasted to slump to 4.0 percent this year. The IMF also expects European countries to experience a slowdown, with Germany projected to see no growth this year and the euro area outlook cut to 0.8 percent in 2025.
https://www.victoriaadvocate.com/news/nation/imf-slashes-global-growth-outlook-on-impact-of-trump-tariffs/article_09c360cc-7c8d-55e9-894d-9060c418f45f.htmlThe International Monetary Fund (IMF) has reduced its global growth forecast to 2.8% for 2025, citing a "significant slowdown" due to US tariffs imposed by President Trump, which have reached 100-year highs. The IMF warned that further trade tensions could slow growth even more.
https://indiatoday.in/business/story/imf-cuts-global-growth-forecast-cites-significant-slowdown-due-to-trump-tariffs-2712979-2025-04-22The International Monetary Fund has revised its economic outlook for the US and global economy downward due to President Donald Trump's tariffs, citing a significant deterioration in growth projections. The IMF now expects global growth to reach 2.8% this year, down from an initial forecast of 3.3%, and further reduced to 3% by 2026, compared to its earlier estimate of 3.3%.
https://www.tbsnews.net/world/trumps-tariffs-and-uncertainty-dampen-us-global-economic-prospects-imf-1123136The International Monetary Fund (IMF) has downgraded its global trade growth forecast to 1.7%, citing increased tariffs between the US and China as a major contributor to the decline. The IMF also lowered its forecast for US growth, predicting 1.8% in 2025, down from 2.8% in 2024, due to policy uncertainty and trade tensions. The organization warned that the odds of a recession in the US have increased to 37%, while inflation is expected to reach 3% in 2025, one percentage point higher than previously forecast.
https://www.gulftoday.ae/business/2025/04/22/imf-slashes-growth-forecasts-in-wake-of-century-high-us-tariffsNegotiations between Iran and the US over Tehran's nuclear program are moving forward rapidly, according to analysts. The talks will move to an "expert level" on Wednesday, indicating both sides have pragmatic objectives and want to explore details. Iranian Foreign Minister Abbas Araghchi and US Mideast envoy Steve Witkoff have not broken down discussions at a top-level trade, where Tehran would limit its atomic program in exchange for economic sanctions relief. However, experts warn that this doesn't signal an imminent deal, as the technical level of talks remains filled with potential landmines.
https://www.boston25news.com/news/world/what-do-expert-level/HWQZMA6SUJEKTPOG57PYZ54NDA/Indian Prime Minister Narendra Modi is set to arrive in Jeddah, Saudi Arabia, as part of his third state visit since taking office. During his previous visits, India has sought to strengthen ties with the kingdom, which is home to over two million Indian workers, making them the second-largest expatriate community after Bangladeshis. The Indian economy relies heavily on crude oil imports from Saudi Arabia, the world's largest crude oil exporter, and Modi hopes to conclude a trade agreement with the US during his visit to avoid 26 percent tariffs on its exports.
https://www.fakti.bg/en/world/965826-narendra-modi-on-official-visit-to-saudi-arabia