Representative Gregory W Meeks, ranking Democrat on the House Foreign Affairs Committee, led a bipartisan call for Trump to attend the Quad Summit in India, East Asia Summit in Malaysia, and the APEC in South Korea, saying that would showcase US leadership and counter China’s ‘aggressive’ influence in the region. The letter also stressed at…
New Delhi: India is considering a pilot project to allow foreign-funded e-commerce companies to buy goods from local vendors, stock them, and sell to consumers abroad, in a shift away from the current rules that permit these firms to operate only as a marketplace, connecting buyers and sellers. The plan is likely to be launched…
Two of President Donald Trump’s top trade negotiators hailed their approach toward addressing trade grievances with Japan as a possible incentive for the European Union, as negotiations come to a head before an Aug. 1 deadline. Commerce Secretary Howard Lutnick said Wednesday in an interview with Bloomberg Television that Japan’s pledge of hundreds of billions…
Editor’s note: Teymur Atayev is an Azerbaijani publicist, historian, political scientist, and host of the program “Aspects of Foreign Affairs” on the Azerbaijani CBC TV channel (broadcasts in Russian). The article expresses the personal opinion of the author and may not coincide with the view of News.Az. On March 23, during a meeting with the…
In this Aug 16, 2023 photo, the skyline of Hong Kong Island can be seen across Victoria Harbour as tourists throng the Avenue of Stars in Tsim Sha Tsui to enjoy a sunny afternoon. (SHAMIM ASHRAF / CHINA DAILY) Hong Kong logged a record 41 percent increase in the number of foreign direct investments in…
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US tariffs, the currency faces an additional downdraft: a flood of money looking to invest overseas. China’s capital account, which tracks flows of capital in and out of the country, saw a record outflow…
Caravans of sand-filled trucks and bright red cranes punctuate the skyline of a rapidly expanding industrial complex in northern Vietnam. Further south in Malaysia, quiet villages and palm oil plantations are metamorphosing into heavy-duty technological manufacturing estates. As multinationals, governments and startups rush to develop AI, establish chipmaking hubs and carve out access to raw…
China is taking further steps to attract foreign money just days before US elections that have raised concern about the impact on the world’s second-biggest economy from a return of Donald Trump to the White House. Foreign individuals are now allowed to provide capital for publicly traded firms as strategic investors, the China Securities Regulatory…