Malaysia’s trade minister has reaffirmed his country’s commitment to strengthening investment ties with Hong Kong amid worries that the US could impose further punitive measures targeting the city and mainland China. Tengku Zafrul Aziz, Malaysia’s minister for investment, trade and industry, said on Monday that Asean would continue to engage with the United States while…
Malaysia’s trade minister has reaffirmed his country’s commitment to strengthening investment ties with Hong Kong amid worries that the US could impose further punitive measures targeting the city and mainland China. Tengku Zafrul Aziz, Malaysia’s minister for investment, trade and industry, said on Monday that Asean would continue to engage with the United States while…
President Trump signed a memorandum on Thursday ordering his advisers to calculate new tariff levels for other countries globally, an ambitious task that will shatter the rules of the global trading system and likely set off furious negotiations in the coming months. The president directed his advisers to come up with new tariff levels that…
The United States and the People’s Republic of China (PRC) are locked in a race to lead the development of critical and emerging technologies (CETs), such as artificial intelligence (AI), 5G, quantum technologies, and others. Both nations have distinct ambitions, and their own strategic plans aimed at securing their dominance in these fields. Despite the…
When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with Mexico. Now, nearly a billion dollars of commerce and more than 15,000 trucks roll over the line every day just a quarter mile from his office, binding the economies of…
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways HONG KONG (Reuters) – China’s Vice Premier Ding Xuexiang said at a meeting with Dutch King Willem-Alexander in The Hague that China stands ready…
When President Trump refrained from immediately imposing new tariffs on his first day in office, as he had previously threatened, business executives and others who support international trade breathed a sigh of relief. That relief has been short-lived. On Monday night, just hours after his inauguration speech, Mr. Trump said he planned to put a…
Since 2018, the US has frequently targeted China’s tech industry, which is heavily centered on chips. This latest action is unprecedented in its scope and depth, not only applying to exports by US manufacturers and suppliers, but also that by US, Japanese and Dutch manufacturers made in other parts of the world to certain chip…
NEW DELHI: India should adopt a balanced approach to business with China due to the troubled political relationship over the past four years and the need to avoid becoming overly dependent on a single supply chain, external affairs minister S. Jaishankar said on Thursday at an event organised by the Associated Chambers of Commerce &…
The go-global strategy of Chinese electric vehicle (EV) makers has hit speed bumps after Beijing warned them not to invest in certain markets and a battery maker’s failed US$4 billion plan for production in Germany provided a bitter lesson. Companies are realising that cost advantages and a grasp of core technologies are not enough to…