Tag: trade

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...

US importers find ways to adapt to, skirt Trump’s tariffs

by Luc OLINGA Big US companies are accelerating efforts to move more of their supply chains from China to neighboring countries in light of Trump administration tariffs. Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and...

Is China manipulating trade to assert its power in South China Sea?

South China Sea
The South China Sea or SCS conflict takes a different dimension when the role of China as a major foreign direct investment or FDI partner in the Asean is considered. The region is growing too dependent on trade and economic relations with China, to the...

Next Trump targets: Malaysia, Philippines, two other Asean nations beware

US President Donald Trump will surely have a relook at the trade figures and deals with four Asean countries, namely Singapore, Malaysia, Indonesia and the new Beijing 'supporter' the Philippines. So far, they have escaped Trump’s glare on trade, but he may yet come looking....