China opens investigation into EU dairy exports as trade tensions flare
BEIJING (AP) — European milk and cheese producers have become the latest target in a simmering trade war with China.
Trade asian news
China calls EU tariffs on EVs unfair, says it will take necessary measures to defend industry
The Chinese government on Wednesday hit out at the European Union over tariffs on electric vehicle imports, after the bloc lowered duties on several major electric automakers, including Tesla.
Recent volatility spike was a 'huge overreaction,' but expect more ahead, UBS strategist says
August has been a choppy month for markets, with uncertainty over the health of the global economy sparking a jump in volatility.
Thai border town offers geopolitical lesson for India
Mae Sot, a Thai trading center on the border with Myanmar, has two very noticeable characteristics: It is prosperous, and it is full of refugees from Myanmar. In both ways, the town offers a striking contrast to my home in northeastern India, which also borders Myanmar, where official hostility to illegal immigrants is damaging both refugees and the local economy.
Indonesia searches for ways to balance domestic industries with surging Chinese imports
JAKARTA, Indonesia (AP) — A flood of Chinese products into Indonesia has hit local manufacturers hard, prompting the government to look for ways to placate domestic producers while avoiding angering the country’s biggest trading partner.
Shein sues Temu (again) as e-commerce feud heats up
HONG KONG -- The saga of Chinese-founded cross-border e-commerce giants continued to heat up this week, with Shein filing another suit against Temu, this time accusing its rival of counterfeiting goods, stealing trade secrets and confusing customers with an "illegal" business model.
European stocks close lower as market uncertainty lingers; Sweden's Riksbank cuts rates
LONDON — European stocks closed lower Tuesday afternoon as market uncertainty over the economic outlook lingers.
European Union slashes planned tariffs on China-made Tesla EVs, other Chinese firms
The European Union on Tuesday said planned tariffs on Tesla vehicles being imported from China would be cut to 9% from 20.8%, while also reducing a number of planned import duties on other electric vehicle firms.