The trade war between the United States (US) and China is heating up again, with US President Donald Trump abruptly announcing plans to impose a 10 percent tariff on the US$300 billion worth of imports from China that he had so far left untouched. The Chinese authorities then allowed their currency, the renminbi, to fall below the symbolic threshold of CN¥7 per US dollar.

The ASEAN Secretariat held its 3rd ASEAN Media Forum in Bangkok, Thailand, and brought together about 30 media leaders and prominent bloggers from the 10 ASEAN member countries to dialogue with the region’s thought leaders on vital economic issues affecting the Association.

China urged non-Asian nations to avoid sowing "distrust" and division over contested seas Wednesday in a swipe at the United States (US) shortly before its top diplomat was due to arrive at a Bangkok summit bearing a message of reinvigorated American trade and security engagement in the region. The big power rivalry, framed by a trade war that has withered global growth, has dominated the summit of Southeast Asian foreign ministers, which opened Wednesday.Beijing's mil

A plunge in exports and the worst growth rates for a decade have fuelled concerns about the outlook for Singapore's economy, with analysts saying the figures offer a warning that Asia is heading for a slowdown as China-United States (US) tensions bite.While it may be one of the smallest countries in the world, the export hub is highly sensitive to external shocks and has long been viewed as a barometer of the global demand for goods and services.The affluent city-state is highly dependen

China's economy grew at its slowest rate in nearly three decades in the second quarter, according to a survey of analysts, hit by the United States (US)-China trade war and weakening global demand.The world's second largest economy expanded 6.2 percent in April-June, the poll of 10 economists predicted ahead of the official release of gross domestic product (GDP) figures Monday.The reading would mark the worst quarterly growth in almost three decades but stays within the government&

United States (US) President Donald Trump and Chinese President Xi Jinping may have agreed at the Group of Twenty (G20) summit in Osaka to resume trade negotiations, but the path to ending the trade war remains far from clear.

The United States (US) Department of Homeland Security has fined several companies for evading President Donald Trump’s tariffs on imports from China by rerouting them through Cambodia’s Sihanoukville Special Economic Zone (SSEZ).

World leaders gathered in Japan Friday for one of the most high-stakes and fractious Group of Twenty (G20) meetings in years, with a bruising United States (US)-China trade war, geopolitical tensions, and climate change on the agenda.The two-day summit in the city of Osaka will be dominated by trade issues, with all eyes on whether US President Donald Trump and Chinese President Xi Jinping can reach a truce in a dispute that has been hugely damaging for the world economy.But world leaders wil

The United States (US)-China trade war and the stalled negotiations for trade pacts and maritime guidelines were among the main issues at last week’s 34th ASEAN Summit in Bangkok, highlighting the region’s concerns over growing geopolitical and trade tensions.Global trade is facing uncertainties after the US and China embarked on a see-saw of tariffs last year, with Filipino President Rodrigo Duterte calling for the two economic superpowers to “resolve their differences before the situation s

Southeast Asian leaders will dissect the impact of the United States (US)-China tariff war this weekend at a Bangkok summit, with Beijing determined to drive forward a trade pact sweeping in 40 percent of global commerce – but excluding America.Disputes in the flashpoint South China Sea and Myanmar's treatment of Rohingya Muslims are also likely to make the agenda at the two-day Association of Southeast Asian Nations (ASEAN) meeting starting Saturday in the Thai capital. But com