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SYDNEY -- Australian Defense Minister Richard Marles on Wednesday announced a boost of 50 billion Australian dollars ($32 million) to defense spending over the next decade to transform the country's military into a "focused" force amid "increasing strategic competition between the U.S. and China."
WASHINGTON/PITTSBURGH, Pennsylvania -- U.S. President Joe Biden called for the tripling of tariffs on Chinese steel and aluminum on Wednesday, warning that an influx of artificially cheap Chinese products could hurt American workers if left unchecked.
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.
Wei Li is a senior lecturer in international business at the University of Sydney Business School and a member of the university's China Studies Centre.
The European Union's trade chief on Wednesday warned against the "weaponization" of trade amid the latest ratcheting up of tensions between the U.S. and China.
TOKYO — Donald Trump would make currency devaluation great again in a second term.
In an unprecedented move with big regional implications, US President Joe Biden hosted a trilateral summit with Philippine President Ferdinand Marcos Jr and Japanese Prime Minister Kishida Fumio.
Russia's economy is expected to grow faster than all advanced economies this year, according to the International Monetary Fund.