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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.
Chinese apps like DeepSeek have raised concerns about their potential to siphon sensitive data from American users. Photo: Reuters
US-China trade war

From apps to autos: China’s data reach sparks US espionage and sabotage concerns

Washington accused of not doing enough to counter Beijing’s harvesting of key American data and weaponising it as a strategic asset.

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Donald Trump

Trump says he’s lifting some tariffs on Scotch whisky after King Charles visit

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United States

US economy grows 2% in January–March; Iran war clouds outlook

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Hong Kong economy

Opinion | How Hong Kong’s institutional strengths can power its 5-year plan

The ‘small government’ era is over. Hong Kong must proactively serve as a super value-adder connecting China and the world.

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The Victoria Harbour waterfront in Hong Kong. The city must make full use of its institutional strengths in this increasingly fragmented environment. Photo: Reuters
Brics

Brics to push for intra-currency payments as ‘immunity’ against Western clout

New Delhi has to be wary of any move to challenge the US dollar as it seeks to sign an interim trade deal with Washington, analysts say.

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US-China relations

Are US agents around Trump armed with Chinese red dot sights?

Apparent Holosun optic on security agent’s pistol in photo from correspondents’ dinner prompts US commenters to question Chinese link.

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Thailand

‘Destroying the world’s kitchen’: the poisoning of the Mekong River

Many millions depend on the river but toxic run-off from mining for modern technology - including for war - could be an existential threat.

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A man sits in a fishing boat on the Mekong River in northeastern Thailand, with Laos seen on the left, in 2019. Photo: AFP
China trade

Beijing touts mineral dominance, boosts autonomy drive, ahead of Trump’s visit

Ministry of Natural Resources boasts world-leading reserves of 14 minerals and vows to keep boosting output and exploration as geopolitical risks weigh on resources.

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China-EU relations

Opinion | A new framework may be the only way to save China-EU trade

Both sides have every incentive to explore a deal that does what blunt protectionism cannot: manage the complexities of their interdependence.

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Banking & finance

China targets ‘zombies’ with regulatory headshots to kill off indebted laggards

Six provinces and the capital city test a forced-insolvency pilot to purge overcapacity and dismantle local protectionism, prioritising market efficiency.

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A worker produces photovoltaic modules for export at the workshop of a new-energy company in China’s Jiangsu province. Findings indicate a disproportionately high number of “zombie companies” in the nation’s renewables sector. Photo: Getty Images
US, Israel war on Iran

Why UAE’s exit from Opec is good news for oil-thirsty Asia

Once free of Opec’s production caps, the world’s sixth-largest oil producer plans to flood the market with 5 million barrels a day.

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An oil technician climbs down a tower at a refinery in Jebel Ali, UAE. Photo: AP
US-China trade war

Trump urged by Democrats to keep US ban on Chinese cars as Xi meeting looms

US lawmakers warn of ‘irreversible’ consequences for industry ahead of Trump’s planned summit with Chinese President ⁠Xi Jinping next month.

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China exports

How China’s reported sulphuric acid export ban could have global buyers reeling

Foreign firms fear more halts following reports of a ban on the export of the chemical, crucial for fertiliser and battery production.

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China travel

Canada’s push to rebuild ties with China hits a snag: a lack of direct flights

Canada has permitted an ‘incremental increase’ in flights to China, but airlines may be reluctant to add services amid the wars in Ukraine and Iran.

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An Air Canada Boeing 787 aircraft passes by rows of cherry trees as it approaches Vancouver International Airport. Photo: AP
China-EU relations

Opinion | Facing US and Chinese pressure, the EU must forge its own strategy

To remain competitive, Brussels must leverage its market power to engage Beijing – while aligning with Washington on its own terms.

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Illustration: Craig Stephens
India

India, New Zealand boost trade diversification with ‘forward-looking’ pact

The deal, part of a move to reduce reliance on major powers, will also strengthen India’s hand in trade negotiations with the US, analysts say.

SCMP Exclusives

Exclusive | Un-sanctioned: China to welcome Dutch trade minister amid Nexperia, ASML discord

Source says Beijing has quietly dropped an old sanctioning of Sjoerd Sjoerdsma, who recently spoke of wanting to lead a Dutch trade mission to China.

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US-China relations

Why tougher US visa rules for skilled foreign workers may end in ‘brain drain’

Trump administration is targeting several visa categories, including popular H-1B pathway, with bias towards fewer numbers and more revenue.

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Illustration: Henry Wong
China GDP

Guangdong’s rule as China’s GDP king faces an unprecedented threat to the crown

A rival provincial powerhouse, with a GDP as big as some G7 nations, is becoming a hub for strategic emerging sectors while outpacing the national economic growth rate.

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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

New Italian and Persian treasures make their Asia debut, expanding the museum’s Silk Road narrative with rare works that illuminate centuries of East-West exchange.

Michele Marieschi’s Ca’ Foscari and Palazzo Balbi on the Grand Canal (c.1738-1740). Photo: Fotostudio Rapuzzi
Malaysia

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

‘Drone warfare is the future,’ say arms dealers in Kuala Lumpur – and the region’s militaries are buying in.

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Malaysian army officers visit the booth of Special Technology Control, a Russian developer of unmanned systems, at the Defence Services Asia exhibition in Kuala Lumpur, Malaysia, on Tuesday. Photo: EPA
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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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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Illustration: Lau Ka-kuen
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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