Tag: trade

Chan Chun Sing stresses importance of remaining calm in midst of crisis

Minister for Trade and Industry Chan Chun Sing has commented on recent instances of Singaporeans rushing to supermarkets to load up on supplies following the change of the 2019-nCoV outbreak alert level from yellow to orange last Friday (Feb 7). The result was empty shelves...

Ports, trains and trade: Xi to offer Myanmar billion-dollar bounty

A high-speed rail line to the east, a deep-sea port to the west, and a makeover for commercial heart Yangon -- Chinese leader Xi Jinping arrives in Myanmar on Friday laden with investment pledges worth billions which could reshape the country. Here are five of...

Facing US trade uncertainty, China seeks closer ties with neighbours

China made overtures on trade to Japan and South Korea and offered support for an infrastructure initiative as it hosted the leaders of its two neighbours this week amid strained ties with the US. Chinese Premier Li Keqiang said Wednesday at a meeting with Japanese...

China wants US trade deal but ‘not afraid’ to fight: Xi

by Laurent Thomet and Helen Roxburgh President Xi Jinping said Friday that China wants to reach an initial trade deal with the United States but is "not afraid" to fight back when necessary. It is rare for Xi to speak so directly about the trade war,...

Britain preparing to ‘take back control’ at WTO: minister

Britain is looking forward to "taking back control" of its trade policy after it exits the European Union later this month, a government minister told the World Trade Organization Wednesday. Speaking at a WTO conference, International Trade Secretary Liz Truss said her country was preparing...

Inaugural durian flight leaves Malaysia for Henan, China

Kuala Lumpur – Looks like the durian craze is continually growing and has reached our Chinese neighbours. The first ever chartered flight for durian fruit from Malaysia to China left on Tuesday (Aug 27) according to a report by The Malay Mail. Read: Singaporeans poke fun at...

Trump aides downplay ‘order’ to US companies to leave China

by Virginie MONTET Donald Trump's top aides on Sunday downplayed the idea of US companies being forced to abandon China any time soon, as an edict from the president ordering businesses to start looking for alternatives has been met with skepticism. Treasury Secretary Steven Mnuchin and White...

US designates China a ‘currency manipulator’ as trade war rages

by Douglas Gillison with Kelly Wang in Shanghai The United States on Monday formally accused China of manipulating its currency, marking the second major escalation in the two countries' spiraling trade war in just 24 hours. Washington's sudden move came the day China allowed the yuan...

‘Canary in the coal mine’: Singapore woes ring trade alarm bells

by Martin Abbugao A plunge in exports and the worst growth rates for a decade have fuelled concerns about the outlook for Singapore's economy, with analysts saying the figures offer a warning that Asia is heading for a slowdown as China-US tensions bite. While it may...

China’s answer to Nasdaq set to begin trading

by Dan Martin / Lianchao LAN Trading begins Monday on a new Nasdaq-style technology board in Shanghai that represents one of China's most significant market reforms, and a potential weapon in its growing tech rivalry with the United States. Twenty-five stocks will debut on the Shanghai...