Tag: trade
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Seoul Announces Rare Top Trade Meeting With Tokyo, Beijing
Top trade officials from South Korea, Japan, and China will meet this weekend in Seoul to discuss economic cooperation, a South Korean government source said Friday. The rare meeting—the first in five years—was announced days after U.S. President Donald Trump announced ...
South Africa’s Active Yet Unequal Trade With China
From afar, the China-South Africa trade relationship looks amazing. Last year, the two countries sold more than $52 billion worth of goods to one another — mostly raw materials from South Africa and finished goods from China.
China’s Export Boom Is Squeezing Middle-Income Asia
By Ian Coxhead and Varan Kitayaporn China’s manufacturing-focused stimulus measures have accelerated the extension of its domestic supply chain and caused a surge of exports into world markets. These trends challenge industrial economies all over the world. The ...
Mexico to Review Its Tariffs With China, President Says
Mexican President Claudia Sheinbaum, under U.S. pressure not to allow her country to be a backdoor for Chinese goods, said Thursday that her government would review its tariffs with Beijing. Mexico imports "many products from China" that have hit domestic industries, ...
Trade and Growth on Agenda for Key China Meeting
By Isabel Kua and Peter Catterall China's largest political event of the year begins in Beijing on Tuesday, as U.S. tariffs cast a cloud over closed-door meetings involving thousands of delegates from across the country. ...
South Africa Faces Diplomatic Dilemma Under U.S. Pressure and China Loyalties
South African President Cyril Ramaphosa is under growing pressure from Washington to sever ties with Iran, Russia, and China, potentially threatening Pretoria’s role in groups like the BRICS and China’s Belt and Road Initiative (BRI). Despite tensions, Ramaphosa downplayed the ...
China’s EV Maker XPeng Eyes Doubling Global Presence by Year’s End
One of China's leading electric vehicle makers XPeng plans to double the number of countries in which the company operates by the end of this year, its CEO said Saturday. Founded in 2014, XPeng is one of the Chinese firms in ...
Navigating U.S.-China Rivalry: Africa’s Strategic Response in the Trump Era
The U.S.-China relationship is at a critical inflection point as Donald Trump tries to reset ties with his counterpart Xi Jinping. The U.S. President has repeatedly said he wants to negotiate a comprehensive trade agreement that would, in his view, lead ...
Debate: Is China a Helpful or Horrible Trade Partner for Global South Countries?
At last week's Munich Security Conference, Chinese Foreign Minister Wang Yi touted his country's 5% economic growth last year as a "benefit to the world" thanks to all of the trade it does with countries around the world. ...
Vietnam Parliament Approves $8 Billion Rail Link to China
By Alice Philipson and Lam Nguyen Vietnam's parliament on Wednesday approved plans for an $8 billion rail link from its largest northern port city to the border with China, boosting links between the two communist-ruled countries and making trade easier.
Malaysia’s PM Urges Stronger China Ties Amid U.S. Tariff Threats and Rising U.S.-China Rivalry
Malaysia’s Prime Minister Anwar Ibrahim on Monday issued a call to action for ASEAN, urging the region to move beyond traditional trade and investment strategies and embrace a future defined by technological collaboration, economic resilience in ASEAN, and sustainable growth. Speaking ...
Trump Offers Top-End Jets, Trade Deal to India in Modi Bromance
By Danny Kemp U.S. President Donald Trump on Thursday offered to sell state-of-the-art fighter jets to India as he and Prime Minister Narendra Modi vowed to ramp up trade, rekindling a bond that defies the new U.S. administration's punitive approach to ...