Washington pushes Asian and European partners toward agreements requiring 60% local content, threatening to isolate Chinese firms from trillion-dollar global supply chains by July 9.
Beijing verifies details of agreement while emphasizing both nations should work together to promote stable development of economic cooperation.
Constitutional upheaval gives way to renewed economic faith as Korean consumers embrace optimism, with confidence index jumping 6.9 points above the crucial 100 threshold.
Opinion: While Bain predicts luxury's worst year since 2008, a more nuanced story of brand adaptation and eventual market recovery gives cause for optimism, argues Andrea Felsted.
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