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US’ ‘anti-Beijing trade plan’, little-known China oversupply issue: SCMP daily highlights
From the US trying to outmanoeuvre Beijing with trade to China’s incinerator oversupply, here’s a round-up from today’s coverage
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Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing.
1. US agrees deals with Indonesia, Philippines – but are Chinese firms a step ahead?
The United States has struck new trade deals with Indonesia and the Philippines, in a move analysts say could indirectly undercut China by reshaping regional supply chains and tapping rare earth reserves – even if Beijing is not explicitly targeted.
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