Reuters reports that the Trump administration’s proposed fees on Chinese-made ships are starting to affect U.S. exports. U.S. coal and agricultural products are accumulating as exporters struggle to find ships to send goods abroad. The administration has plans to impose levies of up to $1.5 million on Chinese-made ships, and on fleets that include such vessels. (REUTERS)
Beijing Haoyang, a Chinese real estate company, received approval from the Thai government to build the largest data center of its kind in Southeast Asia. The 300-megawatt facility will cost $2.2 billion and is one of three data and cloud computing facilities approved by the country’s investment authority. (THAILAND BUSINESS NEWS)