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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.
Belgian Prime Minister Bart De Wever (left) and Spanish Prime Minister Pedro Sanchez attend a European Council summit in Brussels, Belgium, on Friday. Photo: EPA
China-EU relations

Germany backs EU’s tough China line with call for ‘Plaza Accord’ talks on yuan

European Commission on a mission to craft tools to tackle what the bloc sees as China’s industrial excesses.

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United States

Letters | 20th century measures won’t address 21st century trade insecurities

US-China trade war

US trade official takes aim at Beijing, faults Washington on industry

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Hong Kong politics

Opinion | 10 steps Hong Kong can take to make the most of its 5-year plan

Whether it’s fintech, gold trading or investment migration, Hong Kong has a role in supporting the nation’s 15th five-year plan.

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A member of the public collects a copy of the consultation document for Hong Kong’s first five-year plan from the Wan Chai District Office on June 15. Photo: Karma Lo
2026 Xi-Trump summits

Exclusive | No call with Taiwan, no new arms sales: how Trump is preparing to welcome Xi

There are no signs that the US president is about to phone Lai Ching-te and upset the fragile stability with Beijing, sources say.

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US, Israel war on Iran

Who pays for Iran’s recovery? US$300 billion fund a flashpoint in ceasefire deal

Ambiguity fuels concern that Gulf countries may be expected to finance a post-war effort for a conflict in which they had limited say.

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China's economic recovery

China’s policy blitz at Lujiazui Forum – what the monetary overhaul means

Regulators are leveraging currency strength to formalise outbound routes, granting fresh quotes for global assets while narrowing the interest-rate corridor.

Analysts say a pilot trading system equips China’s central bank with a new lever to influence the offshore market while raising the yuan’s international profile. Photo: Shutterstock
US, Israel war on Iran

Why the US-Iran deal may fail to revive shipping through the Strait of Hormuz

Industry insiders and vessel-tracking data point to continued caution among operators despite geopolitical breakthrough.

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China-EU relations

EU nations ready to battle ‘China Shock 2.0’ with tough new strategy

Broad coalition of EU members support new trade strategy to prevent China causing European deindustrialisation as key Brussels summit looms.

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US-China relations

Can China-US breadbasket diplomacy sidestep tension over American’s arrest?

Farm-belt officials from both sides meet as US voters consider issues for midterms and Beijing detains US citizen.

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More than 200 Chinese and American agriculture officials, business representatives and academics from the “granaries” of their countries met in China on Tuesday. Photo: Xinhua
US-China relations

Opinion | The West must reckon with the reality of China’s rise

Beijing’s emergence as a major power must be navigated with wisdom and respect, rather than framed as a threat that needs to be contained.

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Illustration: Craig Stephens
US-China trade war

China vows new legal shield that could counter US sanctions and protect finance

‘We don’t stir up trouble,’ He Lifeng says as first vice-premier to attend annual Lujiazui Forum since 2019, ‘but we’re absolutely not afraid of it’.

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Yuan

Shanghai to lead ‘financial superpower’ push as China unveils plan to boost yuan

China’s central bank governor speaks at annual financial forum about further opening repurchase facilities and offshore trading to foreign central banks.

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China-EU relations

Why Europe’s fight against a ‘China shock 2.0’ could end before it even begins

Brussels currently lacks the firepower to win a trade clash with China – and Beijing is not in a mood to make concessions, analysts warn.

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Illustration: Henry Wong
Diplomacy

Opinion | How Asia can benefit from a Russia-India-China dialogue revival

Far from acting as another bloc, such a grouping could help ensure that regional competition is managed rather than reproduced.

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(From left to right) Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping hold a meeting on the sidelines of the G20 summit in Osaka, Japan, on June 28, 2019. Photo: SPUTNIK / AFP
US-China relations

Trump’s woes at home, China’s World Cup presence: 7 US-China relations reads

From US denaturalisation to military safety talks, here are highlights from our overseas correspondents in the first half of June 2026.

European Union

EU bows to Trump pressure on tariffs but warns of future chaos

Trump has threatened ‘much higher’ levies if the EU does not remove import duties on US industrial goods by July 4.

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China economy

Opinion | The real danger in Western peddling of the China overcapacity myth

Protectionism will only slow the green energy transition and make the technologies of the future unaffordable for those most in need.

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Wind power generation equipment is ready to be shipped for export at Lianyungang port in China on December 9, 2024. Photo: Getty Images
China-EU relations

‘It’s absurd’: how the EU’s new carbon tariff is causing havoc in China

The system is creating huge new compliance burdens for China’s steel firms, with smaller producers using greener technology often hit hardest.

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China-EU relations

EU says China trained Russian troops as bloc weighs tougher stance on Beijing

Kallas cites verified reports of Chinese training for Russian forces as Brussels weighs sanctions and new trade measures.

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US, Israel war on Iran

Relief and wariness: Asia watches US-Iran deal for real impact

While the deal may ease some economic pressure on Asian governments, the ‘real test’ is whether it will hold, analysts say.

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A man inspects his destroyed house after returning to Tibnin village, south Lebanon, on Monday following the announcement of an initial ceasefire agreement between the United States and Iran. Photo: AP
China trade

After US-Iran deal, tanking oil prices, analysts see ‘grey area’ for China firms

‘There’s still uncertainty on the longevity of this deal’, ING analyst says as traders wait to see if sanctions will be lifted while weighing potential for Israeli interference.

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A tanker is seen unloading imported crude oil at a terminal port in China’s Shandong province on Tuesday. Photo: AFP
Donald Trump

Trump threatens 100% tariff on French wines over digital tax

The US is the biggest importing country for French wines and spirits, accounting for 21 per cent of the overall export market last year.

China’s C919 passenger plane

China’s first C919s get critical ‘C-checks’ as European regulators watch

The first deep-level maintenance of Comac’s narrowbody jet is expected to provide the data needed to prove the aircraft’s long-term durability to global inspectors.

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China energy security

Strait of Hormuz still eerily quiet as doubts remain over ‘fragile’ peace deal

The only vessel moving in the waterway on Monday morning was a patrol ship, as analysts warned uncertainty lingered over the US-Iran agreement.

Vessels sit in the Strait of Hormuz, off the coast of Oman, on Sunday. Hundreds of vessels remain stranded in the strategic waterway. Photo: Reuters
Japan

Takaichi hails UK defence ties despite next-gen jet spending uncertainty

The Japanese prime minister discussed the billion-dollar jet programme during a meeting in London with British Prime Minister Keir Starmer.

UK Prime Minister Keir Starmer and Japanese Prime Minister Sanae Takaichi attend a meeting at 10 Downing Street in London, on Sunday. Photo: dpa
China trade

At World Cup, Mexico leans on China tech and transport to meet logistical needs

Infrastructure and cloud solutions from China are bolstering the Fifa event as one of the host nations balances strategic partnerships with rising Washington pressure.

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Switzerland

Swiss voters reject right-wing plan to cap population at 10 million

Warnings of economic fallout likened to Brexit discouraged support for the referendum which would cap Switzerland’s population.

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