India's iPhone hopes and South Korea's EV concerns
Hi everyone! This is Cheng Ting-Fang saying hello from Taipei.
Recent Developments and News in Asia
Apple orders over 10% more iPhones than last year on AI bet
TAIPEI -- Apple is betting that its first AI-equipped iPhones will be a hit, telling suppliers to prepare components and parts for some 88 million to 90 million smartphones, according to multiple sources familiar with the plan.
U.S. 'ready' to assist Philippines with South China Sea resupplies
BAGUIO, Philippines -- The U.S. is ready to assist Filipino resupply missions to outposts in the South China Sea as maritime tensions with China continue to flare, Admiral Samuel Paparo, commander of the U.S. Indo-Pacific Command, said on Thursday.
China decoupling creating whimper, not bang, in Asia, ratings agency says
“Trends in exports and inward foreign direct investment (FDI) show that, overall, the role of Asian economies – including China – in global supply chains is changing only modestly,” said S&P Global Ratings in a report on Tuesday.
JD Vance slams Democrats for allowing Chinese battery plant in Michigan
WASHINGTON -- U.S. Republican vice presidential candidate JD Vance on Tuesday criticized the Democratic Party and incumbent Vice President Kamala Harris for giving Chinese battery maker Gotion access to clean-energy subsidies, during a campaign rally in Big Rapids, Michigan.
Isolationism will only hurt US competitiveness in the long run
In recent years, under two different presidents, the US has approached the question of trade and globalisation through one key assumption: that America’s middle class lost its manufacturing jobs to countries like China and that those jobs must now be brought back, partly through a series of tariffs.
Analysis: Elders stay faithful to Deng over 'reformer Xi Jinping'
Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.
Myanmar reins in employment agencies to harvest remittances
BANGKOK -- Myanmar's cash-strapped military regime has intensified its scrutiny of the nation's 580 labor agencies in a bid to make more money from overseas workers' remittances to address its foreign currency shortage and stabilize the economy.