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News about international trade flows, statistics and policy decisions from the world’s most important trading economies and trade-related bodies, including the World Trade Organisation.
New Zealand Trade Minister Todd McClay (right) and Indian Commerce Minister Piyush Goyal after they signed documents on a free-trade agreement in New Delhi on Monday. Photo: AP
New Zealand

India, New Zealand sign ‘once-in-a-generation’ free-trade deal

The deal will cut or remove tariffs on 95 per cent of New Zealand’s exports to India, with all Indian exports to New Zealand duty free.

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Style Edit

Style Edit: Poly MGM Museum’s new ‘Silk Roads Beyond Borders’ treasures

Malaysia

At Malaysia’s arms bazaar, drone dealers chase Southeast Asian market share

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China’s private sector

Muddy yet clear-cut: how Chinese investors are turning jungle into a new capital

Chinese construction firms keen to cement trade ties with Jakarta through multimillion dollar projects to build a brand new centre of power.

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Construction started on a Chinese-invested commercial centre at Ibu Kota Nusantara, the future Indonesian capital, on September 22, 2025. Photo: Ralph Jennings
China manufacturing

Billionaire behind ‘American Factory’ firm warns of US exit amid trade friction

Fuyao Glass, a major supplier to Ford, GM and BMW in the US, employs thousands across the states of Ohio, Illinois and South Carolina.

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China technology

As DJI duels Insta360, China sharpens global hardware edge amid US scrutiny

Western competitors like GoPro face shrinking footprints as strategic shifts of Chinese firms disrupt the status quo while navigating FCC-led national security bans.

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China trade

China places EU defence, aerospace firms on export control list

Seven listed entities are barred from receiving ‘dual-use’ items originating in China, according to a statement from the Ministry of Commerce.

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The flags of China and the European Union. Photo: Reuters
US-China relations

Exclusive | Trump ally to visit China as US turns up pressure before May summit

Republican senator to lead bipartisan delegation to China next week; visit will begin on May 1, with stops planned in Shanghai and Beijing.

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US, Israel war on Iran

Opinion | Iran war ship seizures show how dual-use claims are being weaponised

In an increasingly fractured world, elastic dual-use claims could become not just a security tool but a new sticking point in global trade.

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US, Israel war on Iran

Trump orders US forces to ‘shoot and kill’ boats laying mines in Strait of Hormuz

US president authorises lethal force as the arrival of a third aircraft carrier bolsters a massive naval presence.

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A satellite image shows a fleet of small boats at sea, north of the Strait of Hormuz near the Kargan coast, Iran. Photo: European Union/Copernicus Sentinel-2 via Reuters
US, Israel war on Iran

Is the US in decline? Why Iran war might be the surest sign

In going from international rule-maker to ‘predatory hegemon’, the US is risking it all, Chinese state media and observers warn.

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Chinese analysts say Washington’s reckless behaviour under President Donald Trump has alienated allies, weakened its credibility and eroded its global influence. Photo: Reuters
China-Middle East relations

Opinion | China can offer Gulf states more than just a security umbrella

As threat perceptions reset, Gulf states are likely to pursue a dual track of restrained regional policy and diversified partnerships.

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Malaysia

Malaysia’s durian growers in ‘survival mode’ as early glut squeezes export trade

An early bumper harvest and rising fuel and freight costs are squeezing premium durian exporters as they race to get their fruit into China.

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Banking & finance

Open Questions | Euro, yuan unlikely to match US dollar, Daniel Gros says

German economist doubts EU and Chinese currencies will be widely used for international trade or that stablecoins will take off outside the ‘shadow economy’.

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Illustration: Lau Ka-kuen
China trade

Canton Fair defies global trends as overseas buyers flock to buy robots, drones

Foreign buyers queue up to test the latest technological hardware at China’s largest trade show despite softening international demand.

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The 139th edition of the China Import and Export Fair, also known as the Canton Fair, brought together 46 enterprises to showcase technological innovations and application capabilities in China’s service robot sector. Photo: Xinhua
US-China trade war

Zero H200 chips sold to China ‘as of today’, Lutnick tells US lawmakers

Commerce chief says Beijing is prioritising its own semiconductor industry when asked whether selling US chips would aid Chinese military.

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Canada

Canada PM hits back after Trump team demands ‘entry fee’ before trade talks

Washington is reportedly seeking concessions before agreeing to open negotiations on revising the US trade pact with Canada and Mexico.

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2026 Trump-Xi summit

As Iran talks go nowhere, will Donald Trump still go to Beijing?

With peace negotiations postponed, it is unclear if the US president will be ready to look at stabilising ties between the two top economies.

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Observers say pressure on Trump will rise as the war continues, and Beijing’s leverage in any talks with the US will also grow. Photo: EPA
US, Israel war on Iran

Video | World’s top condom maker to raise prices over Iran war

Malaysian condom producer Karex plans to raise condom prices by up to 30%.

Banking & finance

America First Fed? Trump pick Warsh signals ‘monetary sovereignty’: analysts

Potential successor to Jerome Powell may pursue policies that pressure US dollar-driven assets and curb global liquidity, analysts say.

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Singapore

Singapore’s Balakrishnan warns Hormuz just a ‘dry run’ if US, China clash

Foreign minister also says Singapore, Malaysia and Indonesia have a ‘strategic interest’ in keeping the Strait of Malacca open.

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Singapore’s Foreign Minister Vivian Balakrishnan (centre) during a panel at CNBC Converge Live with host Steve Sedgwick at Jewel Changi Airport on Wednesday. Photo: CNBC
New Zealand

New Zealand minister under fire for ‘butter chicken tsunami’ remarks

A free-trade agreement, to be signed next week, could see more than 20,000 Indian migrants entering New Zealand, officials say.

NZ First deputy leader Shane Jones speaks to the media in Wellington on March 27. Photo: AFP
Canada

Canadian who was detained by China warns against Carney’s EV deal

Ex-diplomat Michael Kovrig was imprisoned for three years after Canada arrested Huawei’s Meng Wanzhou on a US extradition request.

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China trade

Learn from the East, says economist Justin Lin, refuting ‘overcapacity’ rhetoric

Former World Bank economist defends Beijing’s industrial strategy amid ‘overcapacity’ allegations, points to Germany and a ‘double standard’.

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China-EU relations

China’s CRRC drops bid for Lisbon metro deal as EU finds ‘billions’ in subsidies

Polish firm to replace state-backed Chinese giant as Brussels uses regulatory powers to curb what it says is market-distorting foreign aid.

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Workers operate on a production line at an assembly workshop of CRRC Zhuzhou Locomotive in China’s Hunan province. Photo: Xinhua
China energy security

China confronts Middle East supply shock, as State Council mulls energy strategy

Premier Li Qiang urges ‘bottom-line mentality’ to secure power as Beijing sees coal and Russian gas among options to offset reliance on imported crude.

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Premier Li Qiang presides over a State Council group study session on energy development on Monday. Photo Xinhua
Singapore

Strait talking: Singapore, Malaysia, Indonesia unite to secure safe shipping

Together, the Straits of Malacca and Singapore form the world’s busiest corridor for crude oil and petroleum liquids by volume.

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US-China trade war

US firms dash to recover tariffs paid on Chinese imports as refund system starts

Companies scramble on Monday to recover illegally collected tariffs from US government as thousands rush to file claims.

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