The world’s two largest economies are nearing the finish line on a trade deal that could be signed by President Donald Trump and his Chinese counterpart Xi Jinping as early as this month. But that doesn’t mean the trade war ends.
If anything is clear from the ASEAN Summit and the East Asian Summit held in Singapore last November is that Southeast Asia is now hot property. The heads of state that attended the summit says it all, from Russia’s Vladimir Putin to Japan’s Shinzo Abe – everyone is realising the geostrategic importance
The manufacturing sector has been one of ASEAN’s key economic growth drivers. Already, the region is a global manufacturing hub and is estimated to grow at a compound annual growth rate (CAGR) of 6.6 percent between 2016 to 2020.
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 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
The scores of pages of United States (US) indictments handed down Monday against Huawei Technologies Co. don’t explicitly mention anything about 5G networks or China’s spy agency.
A red-hot economy, business-friendly policies and a Communist party led by free-traders: that’s the elevator pitch Vietnamese Prime Minister Nguyen Xuan Phuc is delivering to global investors amid the United States (US)-China trade war.
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.
Trade conflict between the world's two largest economic powers already is inflicting collateral damage and threatens to do yet more harm to the global economy, the World Bank warned Tuesday.
President Xi Jinping hailed China's "reconstructive reforms" in a New Year speech, but the sorely needed changes could be put on ice in favour of averting a potentially devastating economic downturn.