Container ships are seen at the port in Qingdao, in China’s eastern Shandong province on April 15, 2025. | Photo Credit: AFP China appointed a new top international trade negotiator on Wednesday (April 16, 2025) amid tariff tensions with the United States. Trump’s reciprocal tariffs: Explainers, analysis, videos and views The Chinese government said that … Read more
Asian shares slumped at the open as White House pushing ahead with sweeping tariffs on trading partners including a 104% levy on China sapped investor appetite for risk. US Treasury yields extended their gains. Stocks tumbled in Australia and Japan and equity-index futures for the S&P 500 fell more than 1.8%. The dollar edged lower … Read more
For the first two decades of the 21st century, many consumer products on America’s store shelves got less expensive. A wave of imports from China and other emerging economies helped push down the cost of video games, T-shirts, dining tables, home appliances and more. Those imports drove some American factories out of business, and they … Read more
Chinese President Xi Jinping waves as he walks with U.S. President Joe Biden at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in California on November 15. | Photo Credit: REUTERS The story so far: The U.S. President Joe Biden and his Chinese counterpart Xi Jinping held a summit, their second, … Read more
The US Senate voted 68-32 on Tuesday to approve a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology. The desire for a hard line in dealings with China is one of the few bipartisan sentiments in the deeply divided US Congress, which is narrowly controlled by President Joe … Read more
NEW DELHI: The prospects for India-Taiwan bilateral trade, which was hit hard this year due to disruptions caused by the COVID-19 pandemic, look promising in 2021, according to the Taiwan External Trade Development Council (TAITRA). The overall restructuring of supply chains will give India a very unique place and attract many Taiwanese companies to invest … Read more
The next US president, of whichever hue, has his priorities already mapped out for him — not by his preference, but by the context in which he will assume office. The political mosaic may appear to be filled with a panoply of issues demanding attention. But it’s the urgency of restructuring the global security and … Read more
China’s Semiconductor Manufacturing International Corp (SMIC) has asked for approval from the United States to continue supplying Huawei, state media outlet Beijing News reported on Tuesday, citing the company. The company told the newspaper that it had, in accordance with regulations, it applied in the United States to continue supplying Huawei, and reiterated that it … Read more
SoftBank announced on Monday the sale of chip designer Arm to Nvidia or as much as $40 billion (roughly Rs. 2,93,320 crores) in a deal set to reshape the semiconductor landscape. The deal, which is subject to regulatory approvals including in Britain, the United States and China, will be putting a long-neutral technology vendor to … Read more
A Huawei executive says that recent US sanctions against the company have caused a shortage of computer chips for the company, hurting the growth of its smartphone business. Richard Yu, president of Huawei’s consumer business, said at a company conference for developers on Thursday that the company has still managed to gain a 51 percent market … Read more