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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.
A US farmer uses a DJI drone to put crop cover on his farm in Hickory, North Carolina. The Trump administration has dropped a plan to impose restrictions on Chinese-made drones. Photo: AP
US-China relations

US government abandons plan to blacklist Chinese-made drones

Commerce Department, FCC make U-turn after barring imports of new Chinese drone models in December to address national security concerns.

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US-China relations

Trump-Xi diplomacy put to test thanks to contentious tit-for-tat Covid lawsuits

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European Union

EU agrees to ‘world’s largest’ free-trade zone with Mercosur pact after 25 years

Alibaba

Alibaba logistics unit Cainiao opens US-Mexico cross-border service

Cainiao is expected to control key nodes including sorting, line-haul transfer and last-mile delivery for the service.

Cainiao, the logistics arm of Alibaba Group Holding, continues its overseas expansion. Photo: Cainiao
China trade

With US focused on Venezuela, China has window to pressure Japan: analysts

Beijing’s trade actions raise stakes with Tokyo, as China’s rare earth power and Japan’s chip dominance are seen as potentially key levers in their bilateral dispute.

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Diplomacy

Editorial | For South Korea to reset relations with China, it must withstand US pressure

The South Korean president’s visit to China was a sign of a more pragmatic approach that departs from that of his US-leaning predecessor.

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Malaysia

Ankara anchor: Malaysia finds Turkey ‘reliable friend’ in stormy global waters

Trump’s tariffs and actions in Venezuela are causing the Global South to look for less mercurial partners, analysts say.

Turkish President Recep Tayyip Erdogan (right) and Malaysian Prime Minister Anwar Ibrahim exchange a signed agreement in Ankara on Wednesday. Photo: Turkish Presidency/Xinhua
Asean

Why investors continue betting on Southeast Asia amid global tensions

The region’s young labour force, rapid urbanisation and emergence as a tech hotspot have made it attractive to investors, analysts say.

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US-Venezuela conflict

US won’t rule out pressuring Venezuela to curb China, Russia ties

White House vows continued ‘American dominance in the western hemisphere’ as Trump claims Caracas will now buy ‘only American-made’ products.

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Canada

Canada’s Carney to meet Xi in China, as Trump tariffs hurt US ties

PM Mark Carney will meet Chinese President Xi Jinping for trade and other talks in first such trip by a Canadian leader in nearly a decade.

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Canadian Prime Minister Mark Carney shakes hands with Chinese President Xi Jinping at the start of a meeting in Gyeongju, South Korea, in October. Photo: The Canadian Press via AP
China trade

China initiates anti-dumping probe against Japan over key semiconductor chemical

Beijing’s investigation targets imports of dichlorosilane from Japan, alleging dumping that harms Chinese production, amid escalating bilateral and trade tensions.

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A worker is seen at a semiconductor factory in China’s Jiangsu province. Beijing has launched an anti-dumping investigation against Japan over a chemical used in chipmaking. Photo: AFP
China economy

Price wars in China

Intense price competition in China, known as “neijuan” or involution, is causing deflationary risks, corporate losses, reduced investments and wage pressure.

India

‘Buyers are indefinitely gone’: Indian exporters lay bare pain from tariffs

The slow-moving trade talks and steep levies are hurting major sectors, forcing firms to seek new markets and offer deep discounts.

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China economy

Editorial | Amid rivalry with US, silver can be seen as China’s new industrial leverage

Beijing’s export controls are simply about following the logic of the market and geopolitics in the interest of the nation.

Silver bars are displayed at an office in Hong Kong, on August 20, 2020. Photo: May Tse
US-Venezuela conflict

Not just oil: is Trump’s Venezuela takeover also about critical minerals?

Venezuela, Greenland and Colombia all have large deposits of rare earths and other minerals needed by US technology and defence companies.

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US President Donald Trump, flanked by senior members of his administration, speaks to the press following American military strikes on Caracas, Venezuela. Photo: TNS
China's economic recovery

Li Qiang calls for bold actions to lift Guangdong economy amid rising challenges

During a visit to the province, Li Qiang emphasises need for decisive actions and innovative strategies to boost investment and consolidate Guangdong’s leading economic role for China.

US-China relations

California progressive to lead Democrats on influential House China panel

Ro Khanna to replace Illinois Representative Raja Krishnamoorthi, who is making a Senate run, on the House Select Committee monitoring China.

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US-Venezuela conflict

US ousting of Maduro prompts region to reassess China – and Trump’s next move

Trump hints at wider action as Latin American governments weigh sovereignty, China ties and US dominance.

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Protesters gather outside a courthouse in New York on Monday where ousted Venezuelan President Nicolas Maduro made his first appearance after he was seized by US forces in his country. Photo: Xinhua
US-Venezuela conflict

‘Shocked’ China demands immediate release of Nicolas Maduro

At an ‘emergency’ meeting of the UN Security Council, Chinese envoy Sun Lei says Beijing ‘strongly condemns’ Maduro’s capture by US.

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US-China relations

Trump seen as top global risk in 2026 as US slips further behind China

Forecast warns China’s shift towards an ‘electro-state’ could widen the gap with the US, even as deflation clouds Beijing’s outlook.

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US-Venezuela conflict

What assets does China have in Venezuela, and what may happen with Maduro gone?

US move calls into question China’s future financial commitments in Latin American country, potentially hurting Beijing’s regional strategy.

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Hours before Caracas was rocked by explosions on Saturday, Venezuelan President Nicolas Maduro (right) held a three-hour meeting with Qiu Xiaoqi, China’s special envoy appointed by President Xi Jinping. Photo: handout
India

Trump threatens India with tariff hikes to abandon Russian oil for trade deal

With Trump ally, Senator Lindsey Graham proposing 500 per cent tariffs, New Delhi faces ‘hard choice’ between Russian oil and vital US trade access.

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US President Donald Trump speaks with reporters aboard Air Force One on January 4. Photo: AFP
US-Venezuela conflict

After Venezuela takeover, Chinese investors brace for era of regional anxiety

Washington’s moves to assert dominance in the western hemisphere could see tighter restrictions to curb Beijing’s growing footprint.

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China energy security

Maduro capture: is the US trying to grab control of the global oil market?

Removal of Venezuelan leader could be part of US effort to regain global pricing power as petrodollar system comes under strain: analysts.

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India

‘It’s paying off’: India spreads its trade bets to beat Trump’s 50% tariff

With exports hitting a record US$825 billion and a spate of new trade pacts, India is finding success diversifying away from the US.

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A man stands in a currency exchange shop in Mumbai. India has been stepping up efforts to diversify trade, signing deals with countries including New Zealand. Photo: EPA
Hong Kong economy

Opinion | How Hong Kong can complement Hainan’s free-trade port

Jointly designed customs rules could be used in pilot schemes to smooth the customs process for international business.

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People look at phones in the Haikou International Duty Free Shopping Complex in Hainan province, on December 18, the day China launched island-wide special customs operations in the Hainan free-trade port. Photo: Xinhua
Malaysia

Fair or fowl? Malaysia struggles to stomach its US trade pact

Local chefs fume over ‘lousy’ US poultry flooding the market, as critics call the trade agreement hastily reached and unfairly lopsided.

US-China relations

Trump orders Chinese-linked firm HieFo to divest US chip assets

Chinese-linked company ordered to unwind its acquisition of US semiconductor assets, citing national security concerns.

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