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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.
Wheel loaders fill trucks with ore at the MP Materials' rare earths mine in Mountain Pass, California. MP Materials is one of the US companies that China imposed export controls on last week. Photo: Reuters
US-China trade war

Washington, Beijing should de-escalate from tit-for-tat actions, US senator says

Steve Daines calls Beijing’s export controls on US companies and Pentagon’s blacklisting of Chinese tech firms ‘unfortunate developments’.

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Hong Kong economy

Editorial | Hong Kong is key to spurring Asean-Greater Bay Area cooperation

China-UK relations

UK trade secretary hosts Chinese delegation in bid to boost services

United States

Why China is the big fight in USMCA trade review as US refuses to extend deal

Officials from the US, Mexico and Canada will meet on Wednesday to review the agreement after Trump said he does not want to extend it.

US President Donald Trump (right) with Canadian Prime Minister Mark Carney (left) and Mexican President Claudia Sheinbaum in Washington in December. Photo: AP
China manufacturing

China steps up challenge to US, Japan in a strategic aerospace material

New production lines highlight Beijing’s push to strengthen self-sufficiency in a cutting-edge material used across aerospace and advanced industries.

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Greater Bay Area

Asean hopes to tap Greater Bay Area’s tech skills with closer ties: industry chiefs

Panellists at South China Morning Post’s GBA-Asean Summit list AI and green technology as key areas for cooperation.

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Hong Kong economy

New Asean Chamber of Commerce launched in Hong Kong will ‘fulfil long-felt need’

New business group launched at the South China Morning Post’s GBA-Asean Summit 2026.

Dignitaries, including city leader John Lee (front centre), gather for a group photo at the launch of the new chamber. Photo: May Tse
China trade

China-Canada trade thaw sours as Beijing levies penalties for dumping pea starch

Beijing imposes cash deposits on imports of the widely used agricultural product ahead of Ottawa’s decision on Chinese-made steel racks.

Asean

East Timor targets closer Asean-Greater Bay Area ties to spur economic growth

Asean’s newest member says cooperation between the two regions should be based on a commitment to inclusive growth and trust.

China-EU relations

EU sets China October deadline for ‘tangible results’ after key trade talks

Marathon session in Brussels sees Beijing agreeing to establish a ‘joint monitoring mechanism of trade flows’ to help ease economic tensions.

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EU trade chief Maros Sefcovic speaks to the press following a meeting with Chinese Commerce Minister Wang Wentao in Brussels on Monday. Photo: EPA
E-commerce

China’s cooling, e-commerce giants see sales surge as Europe heat sizzles

Alibaba notes surge in retail and business-to-business orders, Midea reports sharp revenue rise, and Gree sales get bump in major European markets.

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On AliExpress, Alibaba’s international retail site, this month’s debut of air conditioners in Germany saw local warehouse inventory for a Midea model completely wiped out by Thursday. Photo: Shutterstock
Science

China conducts ground test of hypersonic ramjet that can change shape in flight

The graphite seal used in the Chinese breakthrough is the same one the US defence industry desperately needs.

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China trade

As China dominates solar and energy sector, fears emerge over EU’s new crackdown

Brussels’ unease over European reliance on Chinese tech sees the bloc impose bans and restrictions, as fears mount on how far it will go.

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China trade

China cuts through Russia, Mideast instability with alternate cargo route

Middle Corridor through Kazakhstan and across Caspian Sea would have transit time of 15 to 18 days, compared with 45 to 60 for ocean routes.

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A photo taken on February 2 shows the first cross-Caspian Sea China-Europe freight train departing from the Nanchang International Land Port in Nanchang, in east China’s Jiangxi Province. Photo: Xinhua
US, Israel war on Iran

US and Iran pause strikes as Hormuz tests interim deal, Doha talks loom

Efforts to reopen the Strait without Iran’s oversight have sparked days of crossfire.

Cargo ships wait off the coast of the Khor Fakkan Container Terminal along the Gulf of Oman. Commercial shipping through the nearby Strait of Hormuz has faced severe disruptions. Photo: AFP
European Union

Opinion | China isn’t Europe’s real problem

Europe’s future depends less on finding new ways to constrain China than on fixing the limitations Chinese competition has exposed.

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China-Africa relations

Opinion | Beijing offers leverage for Africa. Policymakers are now applying it

Partnerships with China are no longer a debate for economies across the continent but a platform for their own development paths.

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China-Africa relations

Coffee, chillies and cashews: a new recipe to rewrite China-Africa trade

Blanket relationship with all African nations is viewed as a precedent for partners like the EU.

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In Africa, some agricultural products, including coffee beans, that meet baseline requirements on pest risks, processing and safety are eligible for export to China, eliminating the need for country-by-country trade deals. Photo: Shutterstock
Donald Trump

Trump threatens 100% tariff on countries that impose digital services tax

The US president singled out European nations in a push against foreign efforts to tax or regulate American tech giants.

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US-China relations

Trump thinks he is playing hardball. But China is playing Trump: analysts

Analysts say modest meeting outcomes and shrinking institutional channels leave diplomacy unduly reliant on the leaders’ personal rapport.

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China-EU relations

As I see it | Europe wants a new Plaza Accord for China – seriously?

Instead of hoping for Beijing to commit economic suicide, it would be more realistic for the EU to strike a mutually acceptable trade deal.

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European Council President Antonio Costa (second left) walks with German Chancellor Friedrich Merz amid discussions on the EU budget for 2028, in Brussels, Belgium, on June 19. Photo: dpa
China airliners

China Eastern buys 25 A330neo widebody jets as interest rises in Airbus’ wings

Multibillion-dollar deal marks first Chinese widebody win for the planemaker since 2025, following high-level visits from Paris and Berlin.

An Airbus A330 aircraft operated by China Eastern Airlines is seen on final approach into London. Photo: Getty Images
Banking & finance

Hong Kong FDI inflows up 36% so far this year: InvestHK data

A total of 413 companies set up or expanded their businesses in the city in the first six months.

China-Latin America relations

EU pitches Brazil a ‘more beneficial’ rare earths deal than US or China

EU’s Jozef Sikela promises refining investment and technology transfer, in a race for Brazilian minerals that the US and China already lead.

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US-China relations

Trump backs ‘Six Assurances’ to Taiwan but no arms sale timeline: US diplomat

Michael DeSombre confirms long-standing US policy still in place despite Trump’s apparent departure from it after Beijing meeting with Xi.

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The State Department’s top diplomat for East Asia, Michael DeSombre, said on Thursday that the long-standing US policy known as the “Six Assurances” to Taiwan is still operating. Photo: AFP
United States

Asia treads cautiously on Iranian oil exports despite US sanctions waiver

Some regional economies are assessing the possibility of the US and Iran resuming hostilities before committing to buy Iranian oil.

Vessels anchored in Bandar Abbas along the Strait of Hormuz. Oil prices have fallen following a US-Iran agreement to end the Middle East war. Photo: AFP
US-China trade war

China vows to pursue US tariff cuts while decrying ‘malicious’ trade acts

Beijing targets ‘win-win’ ties, dangling a US$300 billion proposal while justifying fresh restrictions on American firms over a Pentagon blacklist.

Malaysia

Video | Dirt-cheap ‘durian tsunami’ sweeps Malaysia

The oversupply of premium Musang King durians has caused prices to fall to as low as 9 ringgit (US$2) per kg.

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