Brazil’s President Luiz Inácio Lula da Silva cast China in a harsh light on Friday, assigning blame to Beijing, along with American and European companies, for practices that have allowed the country to pull off rapid technological advances. Discussing Brazil’s international relations in a radio interview, Lula said China has become a technological powerhouse by…
By lodging its case with the WTO, the Hong Kong government may think it is taking a principled stance against US trade bullying. Unfortunately, this bully can’t be reasoned with; he beats his chest each time he flouts international law and norms shouting, “America first”. After all, this is US President Donald Trump 2.0 who…
Hong Kong’s economic recovery is likely to be hindered by America’s decision to impose a 10 per cent tariff on Chinese goods, with the move to also exacerbate the woes of small and medium-sized enterprises, business leaders and lawmakers have warned. They also said on Saturday that the local government was facing increasing pressure to…
HONG KONG — The Hong Kong government on Friday announced that it has launched a dispute at the World Trade Organization over U.S. President Donald Trump’s additional 10% tariff on the city’s exports. The move follows similar action by Beijing earlier this week in response to Trump slapping a blanket 10% extra levy on Chinese…
The Hong Kong government has announced it will proceed with launching a complaint with the World Trade Organization (WTO) in response to the United States’ decision to levy an additional 10 per cent tariff on products from the city. A government spokesman said on Friday that trade measures announced by US President Donald Trump were…
Hong Kong’s commerce minister has said the government is considering launching a dispute with the World Trade Organization (WTO) over America’s “unreasonable” tariffs on the city’s goods, but has dismissed concerns about the policy’s impact. Secretary for Commerce and Economic Development Algernon Yau Ying-wah said on Thursday that the Hong Kong government strongly disapproved of…
Sandwiched between US President Donald Trump’s “America First” policies and China’s heavy incentives for domestic producers, the European Union wants to give its own companies preferential treatment when bidding for hi-tech contracts. The move – to be proposed on Wednesday in a programme designed to turbo-boost the bloc’s lagging competitiveness – could put it on…
The bloc’s executive arm, the European Commission, said on Friday it had requested a resumption at the Geneva trade courts, ending a week of speculation over whether it would let the suit expire. The case was launched in 2022, after a fierce dispute between Vilnius and Beijing over a controversially named “Taiwanese Representative Office” in…
Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Trump’s America first trade policy: US-China 2020 deal is again under scrutiny US President Donald Trump and former Chinese vice-premier Liu He sign the phase-one trade deal…
Chinese President Xi Jinping has warned there will be no winner in a tariff or tech war between China and the US and vowed that Beijing would firmly safeguard its interests. The comments came after US president-elect Donald Trump told US broadcaster NBC on Friday that he and Xi “have been communicating with each other…