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You have got to hand it to Vietnam, which has somehow managed to produce a scandal that dwarfs the 1Malaysia Development Berhad (1MDB) debacle, widely referred to as the largest financial heist of all time.
China reported higher-than-expected export growth in May of 11.2% in RMB terms and 7.6% in terms of US dollars year-on-year, indicating that the country is like to meet the government’s 5% growth target for 2024.
Malaysia’s high-speed rail (HSR) link from Kuala Lumpur to Singapore remains a key piece of its infrastructure upgrade puzzle, Transport Minister Anthony Loke has said, but the project will only go forward if it is privately funded to avoid loading more debt onto the state.
China’s exports remain under increasing pressure from intensifying trade frictions and looming tariffs from the United States and European Union, analysts said, despite shipments having accelerated in May for a second consecutive month – partly due to a surge in demand from Southeast Asia.
Last year, China was the biggest importer of goods into the Philippines with a total value of US$29.4 billion, according to the Philippine Statistics Authority. The Philippines exported almost US$11 billion of goods to China over the same year, indicating that the Southeast Asian country ran a trade deficit of about US$18 billion with its neighbour.
SEOUL — China are unlikely to get an easy ride when they meet South Korea in a World Cup qualifier on Tuesday even though their neighbours have already advanced to the third round of Asian qualifying.
TOKYO — Japan lodged a protest against Beijing on June 7 after four armed Chinese Coast Guard vessels entered waters that Tokyo considers its territory.
On two recent occasions, a foreign tourist walked into Shoji Matsumoto’s barbershop, through a front door that grates loudly when opened more than halfway, wanting a haircut.