China

EU could win big in trade war

Neither protagonist in the US-China trade war stands to benefit from their stand-off, the United Nations (UN) said Monday, suggesting others could cash in instead, with the European Union (EU) possibly winning big.In a report, the UN Conference on Trade and Development (UNCTAD) examined the repercussions of the tariff tit-for-tat already under way between the two trade giants, as well as the expected impact of a significant tariff hike scheduled to take effect on 1 March.The report, titled &q

6 February 2019
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Europe and the new nuclear-arms race

One of the pillars of nuclear-arms control became history on 2 February, with the expiry of the 60-day deadline that the United States (US) had given Russia to save the 1987 Intermediate-Range Nuclear Forces (INF) Treaty. Russia blithely let the deadline pass. But so did the European Union (EU), abetted by Germany.

5 February 2019
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China's Belt and Road dreams under pressure

Chinese President Xi Jinping already had plenty of reasons to rethink his grand plan to build railways, ports and other infrastructure across the globe. Malaysia has given him 20 billion more.The Malaysian government’s move to cancel a China-financed high-speed rail link across the Malay Peninsula raised new questions about Xi’s so-called Belt and Road Initiative (BRI).

2 February 2019
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Muse: Myanmar's militia-run gateway to China

With tinted windows and their militia name emblazoned on the side of their Ford truck, "Pan Say" fighters cruise the sleazy streets of Muse, Myanmar's main gateway to China and awash with weapons and cash from casinos, drugs and sex.10 armed groups run the Shan State border town of Muse, which is separated by a shallow river from the gleaming towers of its Chinese counterpart, Ruili.All are under the tutelage of the same patron: Myanmar's army.China and Myanmar have an agr

1 February 2019
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Why China must save less

In his influential 1954 article “Economic Development with Unlimited Supplies of Labour,” the future Nobel laureate economist Arthur Lewis concluded that “the central problem in the theory of economic development is to understand the process by which a community which was previously saving and investing four or five percent of its national income or less, converts itself into an economy where voluntary saving is running at about 12 or 15 percent of its national income or more.” That process,

31 January 2019
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Making Vietnam’s textile industry sustainable

The Vietnam Textile and Apparel Association (VITAS) and World Wildlife Fund (WWF) Vietnam are collaborating to transform Vietnam’s bourgeoning textile and apparel industry into a more sustainable one. The project was launched this month and will be carried out from 2018 to 2020.

27 January 2019
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Why Cambodia needs China

Amid Hun Sen’s growing tensions with the West, Cambodia’s already warm relations with China has reached new heights. After a recent three-day visit to Beijing, Hun Sen announced that China has pledged almost US$600 million in aid to Cambodia.According to Hun Sen’s official Facebook page, the US$600 million aid will run for three years, from 2019 to 2021.

24 January 2019
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Asian markets boosted by China-US trade hopes

Asian markets rallied Friday as another broadly positive week drew to a close, with investors cheered by a report that the United States (US) was considering lifting tariffs on China as officials look to hammer out a trade deal.Optimism that the world's top two economies are on course to reach a deal ending their long-running trade row has helped boost equities across the world this year.And while news that the US was carrying out a criminal probe into Chinese tech giant Huawei caused a

18 January 2019
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Supply chain shift to ASEAN

The relocation of production bases from China to ASEAN is perhaps the most notable benefit of the ongoing US-China trade war for the region.

17 January 2019
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Experts agree COC will take time

The South China Sea’s Code Of Conduct (COC) will likely be on the agenda at this week’s ASEAN Foreign Ministers’ Retreat, but analysts do not expect any major breakthroughs to be reached in Chiang Mai.The northern Thai city is the venue for the 17-18 January meeting which marks the first time Thailand plays host as the new chair for the 10-member bloc this year.Busadee Santipitaks, the Director-General of the Department of Information and Spokesperson for the Thai Ministry of Foreign Affairs,

15 January 2019
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