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Trade asian news

Wang Wentao - European Commission - Valdis Dombrovskis - Europe is slapping tariffs on Chinese electric vehicles — for now. Here’s what to know - apnews.com - China - Germany - Eu - city Beijing

Europe is slapping tariffs on Chinese electric vehicles — for now. Here’s what to know

FRANKFURT, Germany (AP) — The European Union is imposing sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc.

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Vladimir Putin - Narendra Modi - Volodymyr Zelenskyy - ‘War cannot solve problems,’ India’s PM Modi tells Russia’s Putin - aljazeera.com - Russia - India - Ukraine - city New Delhi

‘War cannot solve problems,’ India’s PM Modi tells Russia’s Putin

The killing of children is ‘unbearable’, Modi says, a day after a deadly strike on a children’s hospital in Ukraine.

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Antonio Guterres - Has China gained the upper hand over Russia in Kazakhstan? - scmp.com - China - Usa - Russia - Kazakhstan - county Union - city Beijing - city Moscow

Has China gained the upper hand over Russia in Kazakhstan?

Kazakhstan, the largest country in Central Asia, has close ties with both Moscow and Beijing. Despite being Russia’s ally in the Collective Security Treaty Organisation, and a member of the Russia-dominated Eurasian Economic Union, Astana has increased economic cooperation with China. Last year, China overtook Russia to become Kazakhstan’s biggest trading partner, with two-way trade hitting US$41 billion.

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Lori Ann LaRocco - Amazon's Asian rival Shein wants to be supply chain giant, but some fear Chinese cyber spying inside global trade links - cnbc.com - China

Amazon's Asian rival Shein wants to be supply chain giant, but some fear Chinese cyber spying inside global trade links

The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to companies around the world has attracted attention from another corner: U.S. cybersecurity firms and national security experts who warn of the potential for a company with close ties to China spying on the supply chain as it seeks to grow its global logistics footprint.

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Cut dollar’s hegemony by moving away from greenback - asianews.network - Usa - city Beijing

Cut dollar’s hegemony by moving away from greenback

July 2, 2024

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Nikkei staff writer - TOMOYA TAKAYAMA - China eyes its first platinum and palladium futures - asia.nikkei.com - China - city Shanghai

China eyes its first platinum and palladium futures

SHANGHAI -- China's Guangzhou Futures Exchange (GFEX) looks to list the country's first platinum and palladium futures, with trading to include not only investment bullion but also metal for industrial use.

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Tata Steel workers in U.K. suspend strike action - asia.nikkei.com - Britain - county Graham

Tata Steel workers in U.K. suspend strike action

LONDON (Reuters) -- Tata Steel workers in Britain have suspended a planned all-out strike and overtime ban after the company agreed to negotiations about future investment, the Unite trade union said on Monday.

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Reuters - Singapore’s economy expands on back of manufacturing sector rebound - scmp.com - Singapore - city Singapore

Singapore’s economy expands on back of manufacturing sector rebound

The better than expected figure and an upwards revision to first quarter data to 3.0 per cent led economists to upgrade their gross domestic product (GDP) forecasts for the year. Singapore’s trade-dependent economy often functions as a bellwether for the economic health of Asia that belies its size.

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