Vietnam’s already strong economic outlook received another boost last week after Japanese investment bank Nomura named it the biggest winner from the United States (US) – China trade war, with its economy surging by 7.9 percent as a result of one year’s worth of trade diversions leading up to the first quarter of this year.The standoff has seen gross domestic product (GDP) gains in several other countries, though none of them are anywhere as close to Vietnam’s. Taiwan are the next bi

Risks from the United States (US)-China trade war and an expected turn in global monetary policy will feature high on the agenda as finance and central banking chiefs from the Group of 20 (G-20) gather this weekend in Fukuoka, Japan.The meeting takes place as the world’s two biggest economies ramp up tariffs against each other, hurting the global economy and leaving policy makers struggling to shore up growth.

Just when a trade agreement between the United States (US) and China appeared to be in sight, negotiators found themselves back at square one. The immediate reason for the disruption was China’s insistence on a substantially rewritten draft agreement, which, according to US President Donald Trump’s administration, reneges on previously agreed terms.

Pressures from population growth and an economic boom have increased demand for water in Vietnam, risking depletion of the valuable resource and threatening the country’s gross domestic product (GDP) by up to six percent by 2035 – a year’s worth of GDP growth.About 8.5 million urban citizens in Vietnam lack access to clean water, and in rural areas, about 41 million dwellers do not have clean water supply.

China on Saturday increased tariffs on billions worth of United States (US) goods as it prepares to unveil a blacklist of "unreliable" foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei.Beijing's move hits US$60 billion worth of US goods with new punitive tariffs ranging from five to 25 percent, and comes in retaliation for Washington raising duty on US$200 billion in Chinese goods to 25 percent.Washington and B

From socks and sneakers to washing machines and watches, Asian countries are hoping the United States (US)-China trade war will permanently boost manufacturing as brands dodge the row by choosing cheaper locations to make their goods.Business has fanned out from China, often referred to as the 'Factory of the World', into Vietnam, Cambodia, India and Indonesia for years.But the shift has accelerated as the world's two biggest economies slap tit-for-tat tariffs on each other.&am

The United States (US) has hit China where it hurts by going after its telecom champion Huawei, but Beijing's control of the global supply of rare earths used in smartphones and electric cars gives it a powerful weapon in their escalating tech war.A seemingly routine visit by President Xi Jinping to a Chinese rare earths company this week is being widely read as an obvious threat that Beijing is standing ready for action."We should firmly grasp the strategic basis of technological i

Critics often claim that China is using its massive “Belt and Road Initiative” (BRI) as a form of coercive “debt-trap diplomacy” to exert control over the countries that join its transnational infrastructure investment scheme. This risk, as Deborah Brautigam of John Hopkins University recently noted, is often exaggerated by the media.

The United States (US) crackdown on Huawei has made the Chinese telecommunications giant the flashpoint in a monumental economic and technological showdown between the two superpowers that is testing allies of both.One day after the US moved to block Huawei from the US market and banned the export of US technology and materials to the company, China warned Washington on Thursday against further harming trade ties.At the same time, Beijing formally arrested two Canadians who have been detained

Indonesia is worried about being targeted by Donald Trump in a wider protectionist push, as trade tensions between the United States (US) and China continue to escalate, a senior minister said.The Southeast Asian nation’s large trade surplus with the US may invite further scrutiny by the Trump administration even as the spat between the world’s two biggest economies offers potential gains to Indonesia, Planning Minister Bambang Brodjonegoro said.