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Southeast Asia has emerged as a top choice for firms looking to diversify production away from China, including Chinese companies, amid escalating tensions between Washington and Beijing.
Manila and Beijing have been locked in a months-long territorial row in the South China Sea. China’s coastguard also reportedly seized two lifeboats from the Philippine vessel.
China fortified its partnerships from trade to academic collaborations in the Asia-Pacific region during Premier Li Qiang’s recent visits to New Zealand, Australia and Malaysia, with attention centring around exchanges between Beijing and Canberra.
A powerful explosion set on fire a lithium battery factory in South Korea on Monday, killing 22 workers, most of them Chinese nationals, local fire officials said.
A fire at a lithium battery factory near Seoul on Monday killed at least 16 workers and left six others missing, officials said.
NEW YORK (Reuters) -- The Dalai Lama, the exiled spiritual leader of Tibetan Buddhism, arrived in New York on Sunday ahead of medical treatment for his knees and was greeted by hundreds of cheering and chanting supporters.
GUANGZHOU -- Nissan Motor's closure of its newest assembly plant in China is the latest in a series of setbacks suffered by Japanese automakers in an increasingly cutthroat market.
HANOI (Reuters) -- U.S. Assistant Secretary of State for East Asia and Pacific Affairs Daniel Kritenbrink on Saturday said the situation in the South China Sea is deeply concerning, and said China's recent actions in the disputed waterway were "deeply destabilizing."