Category: Economy
China Exports Slow as Trade War Takes Toll
By Peter Catterall Chinese exports grew slower than expected in May, according to official data Monday, as shipments to the United States tumbled amid global trade turmoil triggered by Donald Trump's tariff blitz. The figures ...
Namibia Shows Off Newly-Acquired Chinese Drone
Namibia may have quietly revealed a significant addition to its defense arsenal during a military parade this week: what appears to be a Chinese-made Aisheng ASN-209 unmanned aerial vehicle (UAV). The drone was seen this week during the Namibian Defense Force’s ...
“Vietnam’s Just a Pathway of China” to the U.S., Says Commerce Secretary
The pressure on Vietnam in the escalating trade war between the U.S. and China went up significantly on Wednesday when Commerce Secretary Howard Lutnick made it very clear that eliminating all trade tariffs on U.S. goods will not be enough to satisfy the Trump administration. ...
Vietnam, U.S. to Speed up Trade Talks: Hanoi
Vietnam and the United States have agreed to speed up trade talks, Hanoi said Thursday, as it announced $600 million in deals to buy U.S. agricultural products. Vietnam has the third-biggest trade surplus with the United States, after China and Mexico, ...
New Corridor, New Strategy: China’s Bi-Oceanic Railway and Latin America’s Trade Route Battleground
A series of geopolitical pressures is forcing China to rethink its approach to Latin America’s strategic waterways. Since U.S. President Donald Trump returned to office, Washington has stepped up efforts to curtail Chinese influence in the Panama Canal, a vital artery for global trade and military logistics. ...
After Trump Cut Funding for Energy Transitions Overseas, Could China Step In?
By Zhou Xiaozhu On the day he became president again, Donald Trump signed an executive order to take the U.S. out of the Paris Agreement on climate change. That was followed by a termination of U.S. funding pledged during the Biden ...
U.S. Demands That Vietnam Cut Trade with China
The United States reportedly sent a “long” list of “tough” requests to Vietnamese trade negotiators as a prerequisite for a trade deal. The demands include reducing its imports of Chinese-made industrial components and reshaping its supply chains to exclude China. The ...
Why China’s “Overcapacity” Looks Very Different in the Global South
A new Financial Times article about rapid changes in Pakistan’s electricity mix highlights how the large-scale production of solar panels and batteries in China, criticized as overcapacity by G7 governments, provides Global South countries the opportunity to rapidly expand their electricity supply and decarbonize their economies.
China’s EV Price War Could Offer Short-Term Gains But Long-Term Risks for Global South Consumers
BYD is no longer just building electric cars; it’s building pressure. As China’s dominant electric vehicle (EV) maker cuts prices, scales exports, and tightens its grip on market share, competitors, especially at home, are feeling the strain, but in Africa and Asia, the tide may just be ...
China Factory Activity Hits Lowest Since 2022, Survey Shows
Chinese factory activity hit a more than two-year low in May, a closely watched survey showed Tuesday, as a detente in Beijing's trade war with Washington was offset by ongoing domestic problems in the world's number two economy. China and the ...
Chinese Commerce Minister Visits South Asia
Wang Wentao, China’s Minister of Commerce led a large business delegation to Sri Lanka. Speaking at the Sri Lanka-China Trade and Investment Forum in Colombo during the weekend, Wang promoted a three-pronged strategy to strengthen ties: increased trade, expanded industrial investment and strengthening global multilateralism in ...
China’s Industrial Machinery and Mechanical Equipment Drives Indonesia’s Imports in 2025
Nearly four in ten non-oil imports entering Indonesia now originate from China, most of them industrial machinery. In just four months, Chinese goods worth $25.7 billion entered Southeast Asia’s largest economy, underscoring China’s role as a key driver of ...