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Ralph Jennings

Ralph Jennings

Hong Kong
Correspondent, Political Economy
Ralph Jennings joined the Political Economy desk as a Senior Reporter in August 2022 having worked as a freelancer since 2011. Ralph previously covered news for Thomson Reuters in Taipei and for local newspapers in California. He graduated from University of California, Berkeley with a bachelor’s degree in mass communication.
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A barrage of stimulus policies has helped lift consumer sentiment in China, but the recovery is still tentative – and could be dented by a US trade war.

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The US president’s reciprocal tariffs not only impose steep tariffs on China, but also popular transshipping destinations used by Chinese exporters.

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Taiwan falls under the 15 per cent of the world Trump has flagged for its trade imbalance with the US, so tariff risk still looms in coming days.

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Morgan Stanley joins others in growing more bullish on China’s economy for the year, but US tariffs seen biting amid ‘supply-chain rewiring’.

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Indonesia’s huge fruit industry is preparing to begin exporting durians to China, threatening the dominance of Thai and Vietnamese growers.

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China has kept unregulated digital currencies at arm’s length, but the US is going all-in on crypto. Will this big bet give the US dollar new life?

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Safeguarding their volatile trade relationships with the US and avoiding tariffs could take precedence for US neighbours over deals with China, according to analysts.

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