Latest from Finbarr Bermingham
Research from the International Monetary Fund finds that US importers ‘almost entirely’ bear the cost of tariffs, which are then passed on to the consumer.
Research from the International Monetary Fund finds that US importers ‘almost entirely’ bear the cost of tariffs, which are then passed on to the consumer.
Chinese manufacturers would normally be expecting Christmas orders from US clients about now, but trade war uncertainty is forcing them to change plans.
Chinese manufacturers would normally be expecting Christmas orders from US clients about now, but trade war uncertainty is forcing them to change plans.
Industrial production growth – the output of the industrial sectors in China’s economy, including manufacturing – fell to 5.4 per cent in April from 8.5 per cent in March.
Industrial production growth – the output of the industrial sectors in China’s economy, including manufacturing – fell to 5.4 per cent in April from 8.5 per cent in March.
Beijing has been working on the exemptions for six months, but roll-out signals trade war has gone further than it expected.
Beijing has been working on the exemptions for six months, but roll-out signals trade war has gone further than it expected.
Exporters from China woke up to the news that Trump is pressing forward with the ‘nuclear option’ in the long-running trade war.
Exporters from China woke up to the news that Trump is pressing forward with the ‘nuclear option’ in the long-running trade war.
Chinese exporters bemoan uncertainty amid claims of ‘cut throat’ treatment and ‘blackmail’ caused by new 25 per cent tariff imposed by US President Donald Trump.
Chinese exporters bemoan uncertainty amid claims of ‘cut throat’ treatment and ‘blackmail’ caused by new 25 per cent tariff imposed by US President Donald Trump.
US President Donald Trump announced Friday, May 10, 2019, that Washington would raise tariffs on US$200 billion worth of Chinese goods from 10 per cent to 25 per cent. China almost instantly responded by vowing to implement “necessary countermeasures”. SCMP political economy team members Finbarr Bermingham and Cissy Zhou, who have been following the trade war and its impact, discuss what's next.
US President Donald Trump announced Friday, May 10, 2019, that Washington would raise tariffs on US$200 billion worth of Chinese goods from 10 per cent to 25 per cent. China almost instantly responded by vowing to implement “necessary countermeasures”. SCMP political economy team members Finbarr Bermingham and Cissy Zhou, who have been following the trade war and its impact, discuss what's next.
Increase from 10 per cent to 25 per cent on US$200 billion of Chinese goods was threatened by the US president in a tweet on Sunday.
Increase from 10 per cent to 25 per cent on US$200 billion of Chinese goods was threatened by the US president in a tweet on Sunday.
US Dairy Council fears for the future of its access to the huge consumer market with Beijing expected to respond to the anticipated new 25 per cent rate on Friday.
US Dairy Council fears for the future of its access to the huge consumer market with Beijing expected to respond to the anticipated new 25 per cent rate on Friday.
Malaysia and Batam in Indonesia emerging as alternative manufacturing hubs as firms seek alternatives to China.
Malaysia and Batam in Indonesia emerging as alternative manufacturing hubs as firms seek alternatives to China.
US President Donald Trump sent shock waves through global markets when he announced US$200 billion of Chinese goods will be subject to 25 per cent tariffs.
US President Donald Trump sent shock waves through global markets when he announced US$200 billion of Chinese goods will be subject to 25 per cent tariffs.
US President Donald Trump compared to the character from the ‘Avengers’ after Sunday’s threat to increase tariffs on Chinese goods from 10 per cent to 25 per cent.
US President Donald Trump compared to the character from the ‘Avengers’ after Sunday’s threat to increase tariffs on Chinese goods from 10 per cent to 25 per cent.
China’s population will peak in 2023 according to a report, five years earlier than the official forecasts.
China’s population will peak in 2023 according to a report, five years earlier than the official forecasts.
Findings suggest Beijing waited too long to abandon the one-child policy, founder of one of the firms behind the report says.
Findings suggest Beijing waited too long to abandon the one-child policy, founder of one of the firms behind the report says.
China’s purchasing managers’ index fell in April, suggesting the economy is continuing to battle headwinds of the trade war with the United States and sluggish demand.
China’s purchasing managers’ index fell in April, suggesting the economy is continuing to battle headwinds of the trade war with the United States and sluggish demand.
Former trade negotiators from Office of the US Trade Representative discuss ‘making up words’ to get a deal over the line and ‘haggling over individual words’.
Former trade negotiators from Office of the US Trade Representative discuss ‘making up words’ to get a deal over the line and ‘haggling over individual words’.
In a bid to avoid Donald Trump’s tariffs, companies from Australia, China, Hong Kong, India, Japan, Malaysia, and Singapore are considering making changes.
In a bid to avoid Donald Trump’s tariffs, companies from Australia, China, Hong Kong, India, Japan, Malaysia, and Singapore are considering making changes.
Rabobank estimates that China could lose up to 200 million pigs to disease or slaughter, almost three times the number of pigs in the United States.
Rabobank estimates that China could lose up to 200 million pigs to disease or slaughter, almost three times the number of pigs in the United States.
US tariffs on vehicles and parts would reverberate through global car supply chain, with both US and Chinese companies standing to lose out.
US tariffs on vehicles and parts would reverberate through global car supply chain, with both US and Chinese companies standing to lose out.
China’s economy grew 6.4 per cent in the first quarter, matching the slowest rate for 27 years but showing some signs of stability.
China’s economy grew 6.4 per cent in the first quarter, matching the slowest rate for 27 years but showing some signs of stability.
Exports grew by 14.2 per cent in March, a big jump from the 20.8 per cent fall in January and February, while exports contracted by 7.6 per cent.
Exports grew by 14.2 per cent in March, a big jump from the 20.8 per cent fall in January and February, while exports contracted by 7.6 per cent.
Exports grew by 14.2 per cent, a big jump from the 20.8 per cent fall in January and February, the data for which was combined due to the Lunar New Year holiday.
Exports grew by 14.2 per cent, a big jump from the 20.8 per cent fall in January and February, the data for which was combined due to the Lunar New Year holiday.
The United States risks losing the spoils of the trade war if it does not include long-standing allies in a deal with China, according to a former senior US trade official.
The United States risks losing the spoils of the trade war if it does not include long-standing allies in a deal with China, according to a former senior US trade official.
China’s consumer price inflation rose sharply in March, as the country struggles to contain the impact of an African swine fever epidemic that has sent pork prices soaring.
China’s consumer price inflation rose sharply in March, as the country struggles to contain the impact of an African swine fever epidemic that has sent pork prices soaring.
Orion Telescope & Binoculars, the last major American telescope brand and distributor, is seeking US$180 million in damages from Chinese manufacturers.
Orion Telescope & Binoculars, the last major American telescope brand and distributor, is seeking US$180 million in damages from Chinese manufacturers.
The Asian Development Bank has slashed its growth outlook for Asia, matching a stance taken by the World Trade Organisation.
The Asian Development Bank has slashed its growth outlook for Asia, matching a stance taken by the World Trade Organisation.
The US-China trade war is the biggest threat to the Asian economy, with the uncertainty caused by prolonged negotiations leading investors to hold back.
The US-China trade war is the biggest threat to the Asian economy, with the uncertainty caused by prolonged negotiations leading investors to hold back.
In a wide-ranging interview, Malcolm Turnbull also discusses Rupert Murdoch’s role in ousting him from office and the use of Twitter by US President Donald Trump.
In a wide-ranging interview, Malcolm Turnbull also discusses Rupert Murdoch’s role in ousting him from office and the use of Twitter by US President Donald Trump.
Former prime minister Malcolm Turnbull explains why his government had to ‘hedge’ against future Chinese aggression with regards to the two technology companies.
Former prime minister Malcolm Turnbull explains why his government had to ‘hedge’ against future Chinese aggression with regards to the two technology companies.
The data shows worrying figures across the board in China’s key industrial sectors with manufacturing profits falling by 15.7 per cent year-on-year.
The data shows worrying figures across the board in China’s key industrial sectors with manufacturing profits falling by 15.7 per cent year-on-year.