Latest from Finbarr Bermingham
China will buy an additional US$200 billion of US goods over two years under the phase one trade deal, but it is insisting it will only do so according to market conditions.
China will buy an additional US$200 billion of US goods over two years under the phase one trade deal, but it is insisting it will only do so according to market conditions.
Semiconductor industry set to become ground zero in US-China trade war, which will come to define the superpower rivalry in the decades to come, says new report.
Semiconductor industry set to become ground zero in US-China trade war, which will come to define the superpower rivalry in the decades to come, says new report.
Despite the signing of a “phase one” deal in the US-China trade war, Washington remains locked in a technology war with Beijing, according to Hinrich Foundation Research Fellow Alex Capri. In an interview with The South China Morning Post’s Finbarr Bermingham, Capri said the tech tension could upend global value chains and hurt the ordinary consumer, and that in the particularly sensitive semiconductor sector, decoupling seems almost inevitable.
Despite the signing of a “phase one” deal in the US-China trade war, Washington remains locked in a technology war with Beijing, according to Hinrich Foundation Research Fellow Alex Capri. In an interview with The South China Morning Post’s Finbarr Bermingham, Capri said the tech tension could upend global value chains and hurt the ordinary consumer, and that in the particularly sensitive semiconductor sector, decoupling seems almost inevitable.
Much scepticism greeted Donald Trump’s proclamation of the phase one trade war deal as ‘a momentous step’ in US-China relations.
Much scepticism greeted Donald Trump’s proclamation of the phase one trade war deal as ‘a momentous step’ in US-China relations.
The US and China have reached what’s being called a “phase one” agreement in the bitter trade war between the world’s two most powerful economies. Prior to the deal signed in Washington on January 15, 2020, China had already been removed from the US list of “currency manipulators”. The South China Morning Post’s US Bureau Chief Robert Delaney and Finbarr Bermingham from the political economy team discuss what enforceable from phase one, and what we can expect in terms of negotiations for “phase two”.
The US and China have reached what’s being called a “phase one” agreement in the bitter trade war between the world’s two most powerful economies. Prior to the deal signed in Washington on January 15, 2020, China had already been removed from the US list of “currency manipulators”. The South China Morning Post’s US Bureau Chief Robert Delaney and Finbarr Bermingham from the political economy team discuss what enforceable from phase one, and what we can expect in terms of negotiations for “phase two”.
China awoke to news of a phase one trade war deal on Thursday, but state media carried few of the details, which were subsequently published by the Chinese government.
China awoke to news of a phase one trade war deal on Thursday, but state media carried few of the details, which were subsequently published by the Chinese government.
Full breakdown of China’s purchases of US goods will not be published in the public text of the phase one trade deal, sources familiar with the agreement have said.
Full breakdown of China’s purchases of US goods will not be published in the public text of the phase one trade deal, sources familiar with the agreement have said.
Donald Trump’s phase one trade war deal is set to be signed on Wednesday, and sources have confirmed the types of goods China has committed to purchase.
Donald Trump’s phase one trade war deal is set to be signed on Wednesday, and sources have confirmed the types of goods China has committed to purchase.
Pork prices in China rose by 97.0 per cent in December from a year earlier, keeping consumer inflation at an eight-year high of 4.5 per cent.
Pork prices in China rose by 97.0 per cent in December from a year earlier, keeping consumer inflation at an eight-year high of 4.5 per cent.
Despite the prospect of a minor US-China trade truce, foreign firms are increasingly looking to shift manufacturing from China to avoid rising costs and tricky regulations.
Despite the prospect of a minor US-China trade truce, foreign firms are increasingly looking to shift manufacturing from China to avoid rising costs and tricky regulations.
China will not raise its import quotas for corn, rice and wheat to help meet Donald Trump’s demands included in the phase one trade war deal.
China will not raise its import quotas for corn, rice and wheat to help meet Donald Trump’s demands included in the phase one trade war deal.
A draft of China’s new export control law has been published, and legal scholars vary on how much it is related to the trade war with the United States.
A draft of China’s new export control law has been published, and legal scholars vary on how much it is related to the trade war with the United States.
After a tough 2019, December saw some signs of recovery in China’s manufacturing sector, however services and construction dipped unexpectedly.
After a tough 2019, December saw some signs of recovery in China’s manufacturing sector, however services and construction dipped unexpectedly.
Frozen pork, hi-tech components and medicines among more than 850 goods to have their import tariffs cut by China in the wake of the phase one trade deal with Washington.
Frozen pork, hi-tech components and medicines among more than 850 goods to have their import tariffs cut by China in the wake of the phase one trade deal with Washington.
China provides many of the drugs used to treat Americans’ ailments, but there is growing fear in Washington that the supply could be weaponised.
China provides many of the drugs used to treat Americans’ ailments, but there is growing fear in Washington that the supply could be weaponised.
China could meet US trade war demands after signing phase one deal, but at the cost of trading partners from Brazil to New Zealand, with analysts concerned over the long-term impact.
China could meet US trade war demands after signing phase one deal, but at the cost of trading partners from Brazil to New Zealand, with analysts concerned over the long-term impact.
The outbreak of African swine fever has sent the price of pork skyrocketing, meaning it is being used as an enticing gimmick for local lenders to attract funds.
The outbreak of African swine fever has sent the price of pork skyrocketing, meaning it is being used as an enticing gimmick for local lenders to attract funds.
Phase one trade deal with the US welcomed by international businesses in China, but many refuse to count their chickens before they have hatched.
Phase one trade deal with the US welcomed by international businesses in China, but many refuse to count their chickens before they have hatched.
Industrial production, which measures China’s industrial output, including manufacturing, mining and utilities, grew by 6.2 per cent in November.
Industrial production, which measures China’s industrial output, including manufacturing, mining and utilities, grew by 6.2 per cent in November.
The trade war deal between China and the US covers a wide range of issues, including intellectual property protection, technology transfers and agricultural purchases.
The trade war deal between China and the US covers a wide range of issues, including intellectual property protection, technology transfers and agricultural purchases.
US President Donald Trump approves of the settlement, Bloomberg reports, with US tariffs of 15 per cent on US$160 billion of Chinese goods, scheduled for Sunday, being postponed.
US President Donald Trump approves of the settlement, Bloomberg reports, with US tariffs of 15 per cent on US$160 billion of Chinese goods, scheduled for Sunday, being postponed.
Beijing has maintained its silence on whether new tariffs will come into force on Sunday, with Washington saying Donald Trump alone will decide on trade war fate.
Beijing has maintained its silence on whether new tariffs will come into force on Sunday, with Washington saying Donald Trump alone will decide on trade war fate.
US-China trade war frictions spill into the World Trade Organisation’s (WTO), with Beijing blaming Washington for the demise of the Appellate Body at the trade body.
US-China trade war frictions spill into the World Trade Organisation’s (WTO), with Beijing blaming Washington for the demise of the Appellate Body at the trade body.
US trade representative Robert Lighthizer is distracted by a North American trade deal, but sources on both sides have made a case for postponement of new tariffs.
US trade representative Robert Lighthizer is distracted by a North American trade deal, but sources on both sides have made a case for postponement of new tariffs.
China’s exports dropped 1.1 per cent in November as trade war with the United States continues to bite, but imports grew for first time since April.
China’s exports dropped 1.1 per cent in November as trade war with the United States continues to bite, but imports grew for first time since April.
US-China trade war fatigue has led some to tune out the White House’s constant updates, while a former Chinese official expects December tariffs to be cancelled.
US-China trade war fatigue has led some to tune out the White House’s constant updates, while a former Chinese official expects December tariffs to be cancelled.
US President Donald Trump said it is up to him to decide whether to make a deal with China, adding to a flurry of moves made by the United States in the previous 24 hours.
US President Donald Trump said it is up to him to decide whether to make a deal with China, adding to a flurry of moves made by the United States in the previous 24 hours.
Purchasing managers’ index shows expansion for the first time in six months, but analysts say trade war and debt will continue to weigh on Chinese economy.
Purchasing managers’ index shows expansion for the first time in six months, but analysts say trade war and debt will continue to weigh on Chinese economy.
US-China trade war deal could see US soybean exports flood the market, with rival exporters in Brazil and Argentina hoping negotiators continue to struggle.
US-China trade war deal could see US soybean exports flood the market, with rival exporters in Brazil and Argentina hoping negotiators continue to struggle.
After swift passage of the Hong Kong democracy act in the US last week, EU trade figures have voiced concern that the city’s political crisis could upend stability.
After swift passage of the Hong Kong democracy act in the US last week, EU trade figures have voiced concern that the city’s political crisis could upend stability.