Nov 12 – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large, Finance and Markets Sign up here. Markets have already effectively priced in the U.S. government’s reopening on Monday, with today’s House vote to restore funding, opens new tab through January seen as a formality. Attention has now…
Chinese President Xi Jinping has vowed to increase imports from Spain and deepen trade collaboration with Madrid in Latin America, amid rising tensions with Europe. Xi made the pledge during a meeting with Spain’s King Felipe in Beijing on Wednesday. “China is willing to import more high-quality products from Spain, explore cooperation potential in emerging…
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Senior Democrat Party members of Congress have demanded to know whether US President Donald Trump cut a deal with Beijing on the future of Nexperia that left Washington’s European allies blindsided. Democrats are asking if Trump acted in concert with the Netherlands and the European Union on a US-China deal on the beleaguered semiconductor maker,…
The European Commission claimed on Saturday that it has reached an agreement with China’s commerce ministry to restart the flow of semiconductors that had been disrupted by a crisis surrounding the company Nexperia. EU trade chief Maros Sefcovic said on social media that, effective immediately, exports of the company’s chips to the bloc for non-military…
European countries have been forced to boost defence spending because of the “threat” from Russia, Estonia’s Foreign Minister Margus Tsahkna said as he wrapped up a visit to China where he called for the country to put more pressure on Moscow to end the war in Ukraine. In an interview with the Post on Thursday,…
Taiwan’s Vice-President Hsiao Bi-khim gave a speech at the European Parliament in Brussels on Friday, in what organisers claimed made her the most senior official from Taipei to have spoken in a foreign legislature in which it does not have diplomatic recognition. Hsiao spoke at a private conference of lawmakers from around the world who…
At a meeting in Brussels last month, foreign ministers from the European Union’s 27 member states sat down to discuss the bloc’s plans for the Indo-Pacific region. The conversation, according to several people familiar with it, lasted just seven minutes. It is perhaps unsurprising, then, that officials, diplomats and experts are groaning about the lack…
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Nexperia fallout: chip spat reignites EU debate over Chinese investments The saga of Netherlands-based and Chinese-owned chipmaker Nexperia, caught up in broader geopolitical tensions between the United States and…
Shein to open outlet in Paris department store on Wednesday Its first permanent stores have drawn widespread criticism France working on fast fashion law that Shein opposes Shein under scrutiny in France over low-cost business model LONDON, Nov 4 (Reuters) – Chinese online fashion platform Shein is ramping up its fight in France, gambling that…