China, Vietnam and Hong Kong may spring surprises in 2025
3 months, 1 week ago

China, Vietnam and Hong Kong may spring surprises in 2025

Live Mint  

From China’s stock rout to the unwind of the yen-funded carry trade, whose participants, according to some, “eat like a bird and poop like a cow," 2024 was full of surprises. While it’s well within New World’s right not to exercise the call, a decision not to repay creditors will send shockwaves across Hong Kong’s financial circles. But it will ignite discussions on how competitive America’s restaurant chains and retailers are, as China’s most disruptive businesses, like e-com marketplace Temu and Luckin, look to make money in the US. The ‘great state of Vietnam’: US President-elect Donald Trump has been going after Canada, asking why the US provides its northern neighbour subsidies.

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History of this topic

Trump's tariffs on China left some winners, Vietnam is one of them
4 days, 10 hours ago

Trump's tariffs on China left some winners, Vietnam is one of them

NPR  

Trump's tariffs on China left some winners, Vietnam is one of them When President Trump imposed sweeping tariffs on China during his first term, few countries benefitted like China's neighbor to the south, Vietnam. You know, for years, people have talked about having to have a China plus 1 strategy, which means manufacture in China but also diversify into other …

A new global economic order, if it can be built
Trending News
5 days, 10 hours ago

A new global economic order, if it can be built

China Daily  

A view of a container terminal in Lianyungang, Jiangsu province, in December. WANG CHUN/FOR CHINA DAILY Washington's punitive tariff attacks started, literally, within days of US President Donald Trump's inauguration. There are many influential people around him, Commerce Secretary Howard Lutnick for example, who truly believe in the tariff-income tax-substitution theory and are bent on going on with this "social …

A new global economic order, if it can be built
Trending News
5 days, 10 hours ago

A new global economic order, if it can be built

China Daily  

A view of a container terminal in Lianyungang, Jiangsu province, in December. WANG CHUN/FOR CHINA DAILY Washington's punitive tariff attacks started, literally, within days of US President Donald Trump's inauguration. There are many influential people around him, Commerce Secretary Howard Lutnick for example, who truly believe in the tariff-income tax-substitution theory and are bent on going on with this "social …

Chinese investment in ASEAN expands to benefit both sides
6 days, 10 hours ago

Chinese investment in ASEAN expands to benefit both sides

China Daily  

A staff member displays a model of an electric multiple unit train at the signing ceremony of a joint venture agreement between China Communications Construction Company and Malaysia Rail Link in Putrajaya, Malaysia, on Dec 18. CHONG VOON CHUNG/XINHUA These companies have also benefited from the ASEAN-China Free Trade Area, which gives goods produced by Chinese companies in their ASEAN …

Vietnam Chases US Deals as Top Official Flies to Meet Trump Team
2 weeks, 4 days ago

Vietnam Chases US Deals as Top Official Flies to Meet Trump Team

Live Mint  

Vietnam’s top trade official is heading to the US in a bid to persuade President Donald Trump’s team that Hanoi is serious about resetting trade ties, to avert tariffs that could rattle its export-driven economy. The US ran a $123.5 billion trade deficit with Vietnam in 2024, according to the Office of the USTR, drawing attention to the country as …

Why China isn’t as worried about Trump’s trade war as in 2018
2 weeks, 6 days ago

Why China isn’t as worried about Trump’s trade war as in 2018

Al Jazeera  

Beijing is much better positioned to withstand US tariffs than in the past, analysts say. “I don’t want to understate the impact – that’s almost a tripling of the effective tariff rates for Chinese goods that are coming into the United States, so it’s big,” Beddor told Al Jazeera. At the “Two Sessions” meetings last week in Beijing, the National …

Trump’s Steel Tariffs Threaten to Worsen Glut of Metal in Asia
1 month, 1 week ago

Trump’s Steel Tariffs Threaten to Worsen Glut of Metal in Asia

Live Mint  

Vietnam and India are among fast-growing Asian steel producers at risk of being hurt if President Donald Trump goes ahead with blanket tariffs on all US imports of the metal. They’re aimed at bolstering protection for US producers, but also risk intensifying global steel tensions fueled by rampant Chinese exports. Trade Tensions China’s exports are “displacing production in other countries …

Exporters expand markets amid potential US tariff hikes
Trending News
2 months, 1 week ago

Exporters expand markets amid potential US tariff hikes

China Daily  

By Zhong Nan | China Daily | Updated: 2025-01-23 07:11 A container ship leaves Qingdao Port, Shandong province. With many parts of the world facing potential tariff hikes from the new administration of the United States, a large number of Chinese manufacturers have been taking proactive steps to diversify their trade markets, focusing on expanding into emerging markets and upgrading …

Exporters expand markets amid potential US tariff hikes
Trending News
2 months, 1 week ago

Exporters expand markets amid potential US tariff hikes

China Daily  

By Zhong Nan | China Daily | Updated: 2025-01-23 07:11 A container ship leaves Qingdao Port, Shandong province. With many parts of the world facing potential tariff hikes from the new administration of the United States, a large number of Chinese manufacturers have been taking proactive steps to diversify their trade markets, focusing on expanding into emerging markets and upgrading …

Vietnam won big in Donald Trump’s first trade war. Now, it’s a target.
3 months, 2 weeks ago

Vietnam won big in Donald Trump’s first trade war. Now, it’s a target.

Live Mint  

Vietnam found the sweet spot in the global economy during President-elect Donald Trump’s first trade war with Beijing: smack in the middle of the U.S. and China. But in May, Jamieson Greer, Trump’s nominee for U.S. trade representative, said the U.S. should tighten trade rules to prevent what he described as “third-country workarounds," in which goods that contain a lot …

Why Trump’s proposed tariffs may be bad news for China and Asia
4 months ago

Why Trump’s proposed tariffs may be bad news for China and Asia

CNN  

Hong Kong CNN — President-elect Donald Trump took to social media on Monday to promise massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his second term. But Trump’s planned tariffs on Chinese goods could also benefit some countries in Southeast Asia as factories may relocate from China to other places …

Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories
4 months ago

Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chinese exporters are already looking at new markets …

Backlash against Chinese steel gives preview of Trump trade tensions
4 months ago

Backlash against Chinese steel gives preview of Trump trade tensions

Live Mint  

China’s industrial overcapacity became an issue of global concern even before the election of Donald Trump. Because of the sheer size of China’s steel industry—which produced around 1 billion metric tons last year—fluctuations in its domestic demand can send shock waves to the rest of the world. China’s net exports of steel reached a record 10.6 million metric tons in …

China is armed and ready for trade war 2.0 with Donald Trump
4 months, 1 week ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

China is armed and ready for trade war 2.0 with Donald Trump
4 months, 1 week ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

Not just China, these US allies too could suffer the most by Donald Trump's tariffs
4 months, 2 weeks ago

Not just China, these US allies too could suffer the most by Donald Trump's tariffs

Hindustan Times  

President-elect Donald Trump has pledged to levy tariffs on imported goods as part of his second-term economic strategy. During his election campaign, Trump promised to employ tariffs to promote American companies, imposing up to 60 percent levies on Chinese goods and up to 20 percent on imports from other nations. Europe would be severely affected if… Speaking to Newsweek Dr. …

Beijing, Hanoi vow to advance traditional ties
7 months, 1 week ago

Beijing, Hanoi vow to advance traditional ties

China Daily  

By Cao Desheng | China Daily | Updated: 2024-08-20 07:12 Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, and To Lam, general secretary of the Communist Party of Vietnam Central Committee and Vietnamese president, attend a welcoming ceremony in Beijing on Monday for the Vietnamese leader before their talks at the Great Hall …

Value chain risk: Will Vietnam end up like another Chinese province?
10 months, 3 weeks ago

Value chain risk: Will Vietnam end up like another Chinese province?

Live Mint  

Vietnam’s anti-corruption drive, which the ruling Communist Party chief Nguyen Phu Trong likened to a “blazing furnace," is running hot. Last month, Truong My Lan, a real estate tycoon and Vietnam’s richest woman, was sentenced to death for her role in a $12 billion fraud case that involved Saigon Commercial Bank, one of its largest lenders. What’s clear, however, is …

Two countries capitalizing on their complementary industrial structures
1 year, 3 months ago

Two countries capitalizing on their complementary industrial structures

China Daily  

Customers shop at the ASEAN goods section of the 20th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 19. Growing trade between the two countries, advantageous tariff rates resulting from free trade agreements, enhanced international capacity cooperation and surging Chinese corporate investment in Vietnam are creating many more opportunities, they said. Amid a global economic slowdown and weakening …

Two countries capitalizing on their complementary industrial structures
1 year, 3 months ago

Two countries capitalizing on their complementary industrial structures

China Daily  

Customers shop at the ASEAN goods section of the 20th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 19. Growing trade between the two countries, advantageous tariff rates resulting from free trade agreements, enhanced international capacity cooperation and surging Chinese corporate investment in Vietnam are creating many more opportunities, they said. Amid a global economic slowdown and weakening …

'It's not about containing China', says Biden on strengthening trade relations with Vietnam
1 year, 6 months ago

'It's not about containing China', says Biden on strengthening trade relations with Vietnam

India TV News  

Amid tensions with Beijing, US President Joe Biden on Sunday asserted that his push to strengthen relations with Vietnam was not part of any efforts to initiate a 'cold war' with China, but rather about providing global stability by building relationships with Asian countries. During his visit, Biden described the US and Vietnam as "critical partners at a very critical …

Biden finds a new friend in Vietnam as American CEOs look for alternatives to Chinese factories
1 year, 6 months ago

Biden finds a new friend in Vietnam as American CEOs look for alternatives to Chinese factories

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President Joe Biden goes Sunday to a Vietnam that's looking …

Trump promised to win the trade war with China. He failed
4 years, 5 months ago

Trump promised to win the trade war with China. He failed

CNN  

Hong Kong CNN Business — US President Donald Trump started a trade war with China to fix what he’s repeatedly blasted as an unfair relationship between the world’s two largest economies. Trump vowed to cut the US trade deficit, but instead it’s reached historic highs.He wanted China to buy more American products, but that hasn’t happened as much as Washington …

Vietnam hopes for Chinese restraint in South China Sea in 2020
5 years, 3 months ago

Vietnam hopes for Chinese restraint in South China Sea in 2020

The Hindu  

Vietnam said it hoped China would show restraint in the South China Sea next year after a Chinese oil survey vessel and its escorts spent months within Vietnam's exclusive economic zone in what Hanoi called a blatant violation of its sovereignty. Vietnam, the region's most forceful challenger of China's extensive maritime claims to the busy waterway, will take on the …

Donald Trump says China a threat to world, using US money to expand its military might
5 years, 6 months ago

Donald Trump says China a threat to world, using US money to expand its military might

Firstpost  

Donald Trump has said the Communist nation is a threat to the world and blamed his predecessors for not stopping it from stealing America’s intellectual property. Washington: Expressing concern over China’s growing military might, US President Donald Trump has said the Communist nation is a threat to the world and blamed his predecessors for not stopping it from stealing America’s …

U.S. Companies In China Get Caught In The Trade War Crossfire
5 years, 7 months ago

U.S. Companies In China Get Caught In The Trade War Crossfire

NPR  

U.S. Companies In China Get Caught In The Trade War Crossfire Enlarge this image toggle caption Mark Schiefelbein/AP Mark Schiefelbein/AP When President Trump announced a new round of tariffs on Chinese imports last week, he made clear he was ready to sever ties between the United States and China, if necessary, to win the trade war. Sponsor Message "China has …

These are 4 winners of the US-China trade war
5 years, 8 months ago

These are 4 winners of the US-China trade war

CNN  

Washington CNN Business — Vietnam, Taiwan, Bangladesh and South Korea are coming out as victors in the US-China trade war. Trump’s tariffs have made consumer goods like baseball caps, luggage, bikes and handbags that are manufactured in China more expensive for American importers. But it’s unclear whether companies are permanently shifting production outside of China, or simply rerouting goods for …

US imports from Vietnam and other countries rise amid China trade war
5 years, 9 months ago

US imports from Vietnam and other countries rise amid China trade war

CNN  

Washington CNN — President Donald Trump’s tariffs are driving some manufacturing out of China, but much of it remains outside of the United States. Yet he’s also acknowledged that his trade wars are driving manufacturing elsewhere – which dings China but doesn’t do much for American consumers. Footwear companies will likely first look to shift production to Vietnam, where some …

US China trade war: Trump says tariffs may stay for ‘a substantial period of time’
6 years ago

US China trade war: Trump says tariffs may stay for ‘a substantial period of time’

CNN  

Hong Kong CNN — President Donald Trump has warned that US tariffs on $250 billion of Chinese exports are unlikely to go away anytime soon — even if the two countries reach a deal to end their trade war. “We’re not talking about removing them, we’re talking about leaving them for a substantial period of time,” Trump said Wednesday.“Because we …

US-China trade war: What happens next?
6 years, 6 months ago

US-China trade war: What happens next?

CNN  

Hong Kong CNN — The trade war between the United States and China just got a lot bigger after both sides announced their broadest waves of tariffs yet. The Chinese government said late Tuesday that it would impose tariffs on US goods worth $60 billion following the Trump administration’s announcement that it was hitting $200 billion worth of Chinese goods …

China won’t just play defence in trade war
6 years, 6 months ago

China won’t just play defence in trade war

Live Mint  

Beijing: China will not be content to only play defence in an escalating trade war with the US, a widely read Chinese tabloid warned, as President Donald Trump was expected to announce new tariffs on $200 billion in Chinese goods as early as Monday. The Journal report quoted one senior Chinese advisory official saying China would not negotiate “with a …

China won’t just play defence in trade war, Global Times warns
6 years, 6 months ago

China won’t just play defence in trade war, Global Times warns

The Hindu  

China will not be content to only play defence in an escalating trade war with the United States, a widely read Chinese tabloid warned, as President Donald Trump was expected to announce new tariffs on $200 billion in Chinese goods as early as Monday. The Journal report quoted one senior Chinese advisory official saying China would not negotiate “with a …

Trump says US will no longer be taken advantage of on trade
7 years, 4 months ago

Trump says US will no longer be taken advantage of on trade

The Hindu  

Promising to put “America first” in his trade practices, President Donald Trump used a speech in Vietnam today to denounce multilateral agreements embraced by the region and deliver what appeared to be a rebuke to China, railing against trade practices he says have put Americans out of work. “What we will no longer do is enter into large agreements that …

In Asia, China looks like the winner after scuttling of Trans-Pacific Partnership
8 years, 2 months ago

In Asia, China looks like the winner after scuttling of Trans-Pacific Partnership

LA Times  

Workers load shipping crates at the port in Lianyungang in China’s Jiangsu province. Trump on Monday officially scrapped the Trans-Pacific Partnership, a pen stroke that reversed his predecessor’s push toward Asia and dashed the last-minute hopes of Pacific Rim member nations trying to resist China’s gravitational pull. “Without China or America, Asia-Pacific countries would create their own various trade deals, …

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