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Economy, Trade & Business

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China trade
US Federal Reserve
China and Russia’s previously ironclad trade ties may be softening as the US attempts to bring Moscow out of Beijing’s orbit. Photo: Reuters
China-Russia relations

Car trouble: is a drop in China-Russia auto shipments a bad omen for trade?

As the US attempts to peel Russia away from China, Moscow and Beijing’s auto trade has slowed. Is Donald Trump’s plan working?

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Taiwan

Bill to increase travel and trade with Taiwan introduced in US House

US-China relations

Trump, some Republicans differ on TikTok ahead of sell-or-ban deadline

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Boao Forum for Asia

‘Unstoppable momentum’ vs ‘big challenges’ in China’s cross-border e-commerce

Former deputy secretary general for China’s State Council warns of a potential negative impact from foreign import tariffs on small packages.

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Shoppers in Britain carry promotional Shein bags in December. Photo: Reuters
Shoppers in Britain carry promotional Shein bags in December. Photo: Reuters
US-China trade war

Stephen Roach says trade war puts US on course for ‘cultural revolution’

The Yale economist lamented the path his country is taking under US President Donald Trump during a panel discussion at the Boao Forum.

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US-China relations

Trump suggests TikTok-for-tariff deal after top US, China trade envoys speak

‘Every point in tariffs is worth more than TikTok,’ Trump tells reporters after Vice-Premier He Lifeng and USTR Jamieson Greer trade ‘serious concerns’.

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US-China relations

‘Absolutely wrong’: Jeffrey Sachs rejects US claims of Chinese overcapacity

US economics professor says China’s manufacturing heft essential to global green transition, dismisses Western charges of trade disruption.

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Columbia University economics professor Jeffrey Sachs has come out strong against claims China is deliberately cultivating industrial overcapacity. Photo: EPA-EFE
Columbia University economics professor Jeffrey Sachs has come out strong against claims China is deliberately cultivating industrial overcapacity. Photo: EPA-EFE
US-China trade war

What does US hope to gain with Venezuela tariffs? An edge over China, some say

Beijing may have to choose between giving up on its closest ally in the Americas or being hit with additional US tariffs, analysts said.

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US-China trade war

Chinese economist calls US trade war ‘negative-sum’ game at Boao Forum

Economists express worries over future of global trade amid the heightened tariffs and restrictive measures in Donald Trump’s second term.

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China shipbuilding

‘Extremely disruptive’: US plan to tax Chinese ships sparks industry backlash

Shipping bodies urged US policymakers to scrap a controversial port-fee proposal during hearings in Washington.

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The US plans to charge fees of up to US$1.5 million for any shipping operator with Chinese links sending a vessel to an American port. Photo: Cosco
US-China trade war

US businesses warn proposed port fee on China-linked ships is already damaging

The head of one US industry group warned that the ‘unintended consequences’ of the proposed actions ‘are already beginning to surface’.

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Ships are seen under construction at a ship building facility at the port in Taicang, in Chinaís eastern Jiangsu province in February. Photo: AFP
Ships are seen under construction at a ship building facility at the port in Taicang, in Chinaís eastern Jiangsu province in February. Photo: AFP
US-China trade war

‘Increasing US costs’: how Trump’s policies on Chinese solar risk backfiring

US trade and investment barriers will not halt Chinese solar industry’s rapid global expansion – but may put American manufacturing projects at risk.

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China’s economic stimulus

Open Questions | Michael Pettis on China’s consumption paradox and the pitfalls of a trade war

The professor of finance and author talks China’s economy and argues the US dollar’s monopoly role in trade is an ‘unsustainable’ anomaly.

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Espionage

As US Justice Department cuts focus on foreign agents, will China cases ease?

US Attorney General Pam Bondi disbands a task force and cuts back on foreign registration cases, but analysts say any relief may be limited.

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Illustration: Brian Wang
Brics

‘De-dollar’ diplomacy: Brics focus on alternative currency stirs Trump’s ire

What Trump threats against challenging the US dollar’s global primacy could mean for the future of Brics and its member nations.

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Illustration: Davies Christian Surya
Illustration: Davies Christian Surya
China trade

Canada’s lobster exporters feel the pinch as China’s tariffs snip prices

Retaliatory tariffs from China on Canadian seafood, particularly lobsters, have led to a dramatic drop in price as exporters work to keep supply chains moving.

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Music

US visa fee increases, delays make tours there ‘not worth it’ for artists

1,000-day waits for interviews. 8 months for processing. Higher fees. Visa applications are a headache for acts looking to tour the States.

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China trade

80 global executives to gather in Beijing for key annual summit

The attendees include leaders of more than a dozen US corporations, including Apple CEO Tim Cook.

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President Xi Jinping shakes hands with Apple CEO Tim Cook at a gathering in Washington. Cook is reportedly due to travel to Beijing for the China Development Forum later this month. File photo: Reuters
President Xi Jinping shakes hands with Apple CEO Tim Cook at a gathering in Washington. Cook is reportedly due to travel to Beijing for the China Development Forum later this month. File photo: Reuters
US-China relations

US says ready to confer with China, Canada on WTO disputes

China launched a dispute after Trump tariffs on Chinese goods in February.

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US-China trade war

Will a Trump-Xi summit make headway on trade? Analysts are doubtful

Even if a meeting between Chinese and US leaders takes place, analysts said numerous factors would reduce the likelihood of a sweeping trade deal.

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US-China relations

Trump’s tariffs will slow China’s economy and impede global trade, OECD finds

Chinese economy is seen to grow 4.8 per cent this year, with any decline in demand felt across multiple industries and regions.

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Container ships at a port in Qingdao, Shandong province. The OECD has concluded US tariffs will slow China’s economic growth in 2025 and 2026. Photo: AFP
United States

US asks Denmark for eggs as prices soar: how many can you send?

The request comes amid demands from Trump that Denmark hand over Greenland, as well as new tariffs on the EU and other countries.

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A customer shops for eggs at a grocery store in Chicago, Illinois, on Wednesday. Photo: AFP
A customer shops for eggs at a grocery store in Chicago, Illinois, on Wednesday. Photo: AFP
Artificial intelligence

OpenAI asks US for relief from AI rules to compete with Chinese firms

The ChatGPT maker says the AI race is ‘effectively over’ if China’s developers have unfettered access to data while US companies do not.

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Donald Trump

Wall Street slides, S&P 500 in correction as Trump trade war escalates

The S&P 500 closed more than 10 per cent below its February 19 record, with the Nasdaq and Dow also tumbling.

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Canada

Mark Carney to be sworn in as Canada’s PM as trade war with US intensifies

Mark Carney is assuming power amid tensions with the US over trade and Trump’s fixation with annexing Canada.

Canada’s Prime Minister-designate Mark Carney at a steel factory in Hamilton, Ontario. Photo: The Canadian Press via AP
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