https://www.scmp.com/rss/522427/feed The Asia Society Policy Institute (ASPI) is a prominent non-profit think tank with offices in Washington, D.C. and New York. It is dedicated to tackling major policy challenges facing the Asia-Pacific region, focusing on security, prosperity, and sustainability. As a "think-and-do tank," ASPI aims to develop actionable policy solutions across areas such as Security & Diplomacy, Trade, Investment & Innovation, Climate & Energy, and Society, Technology & Public Health. It leverages expert insights... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Tom Hussain Tom Hussain Planning to update your wardrobe this summer? Industry insiders have some advice: do it soon. By the time autumn collections hit the racks, the aftershocks of war on Iran may have quietly picked your pocket. Clothing manufacturers and industry analysts are warning consumers to budget for price increases of 10 to 15 per cent as South Asia’s US$50 billion garment export industry reels from a cascade of war-driven shocks. Iran’s blockade of the Strait of Hormuz has choked natural gas supplies to... https://www.scmp.com/week-asia/economics/article/3348195/war-iran-about-make-clothes-more-expensive-heres-why?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3348195/war-iran-about-make-clothes-more-expensive-heres-why?utm_source=rss_feed Mon, 30 Mar 2026 00:00:11 +0000 Xinmei Shen Xinmei Shen The administration of US President Donald Trump on Friday unveiled an artificial intelligence (AI) policy framework aimed at curbing state-level restrictions on innovation, as it urged Congress to address AI risks and reinforce the US edge in an intensifying technology race with China. Congress should pre-empt state AI laws that “impose undue burdens”, to ensure a national standard instead of “fifty discordant ones”, Trump said in a new legislative recommendation named the National AI... https://www.scmp.com/news/us/diplomacy/article/3347396/trump-administration-moves-unify-ai-rules-bolster-edge-over-china?utm_source=rss_feed https://www.scmp.com/news/us/diplomacy/article/3347396/trump-administration-moves-unify-ai-rules-bolster-edge-over-china?utm_source=rss_feed Fri, 20 Mar 2026 19:43:27 +0000 Xiaofei Xu Xiaofei Xu China and the US ended the first day of trade talks in Paris on Sunday without any major developments. Talks will continue tomorrow when the US delegation is set to leave. The Chinese delegation will stay one more day before leaving on Tuesday. The first day of the sixth round of trade talks between the world’s two biggest economies – led by Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent – was rather uneventful for journalists waiting outside the venue, the headquarters... https://www.scmp.com/economy/china-economy/article/3346687/us-china-trade-talks-low-key-start-negotiations-after-first-meeting-paris?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3346687/us-china-trade-talks-low-key-start-negotiations-after-first-meeting-paris?utm_source=rss_feed Sun, 15 Mar 2026 17:33:25 +0000 Xiaofei Xu Xiaofei Xu Trade talks between China and the United States in Paris this weekend are likely to focus on setting the scene for the Beijing summit between President Xi Jinping and US President Donald Trump later this month, analysts said, downplaying the prospects of any significant breakthroughs. Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent are expected to discuss potential deals on tariffs, investment, and trade in soybeans and rare earths, which would be presented as deliverables for the... https://www.scmp.com/economy/china-economy/article/3346505/us-china-trade-talks-what-expect-senior-officials-meet-paris?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3346505/us-china-trade-talks-what-expect-senior-officials-meet-paris?utm_source=rss_feed Fri, 13 Mar 2026 15:00:08 +0000 Frank Chen Frank Chen The United States’ decision to launch Section 301 investigations into alleged unfair trade practices by China and several other economies – which could allow Washington to reimpose higher tariffs – is a “bluff” designed to give US President Donald Trump some perceived leverage ahead of his expected trip to China, analysts said. But the threat is unlikely to work on Beijing, which has grown used to the president’s “art of the deal” tactics, they added. “Trump’s move before his China trip is... https://www.scmp.com/economy/china-economy/article/3346365/trumps-tariff-investigation-bluff-will-not-work-china-analysts-warn?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3346365/trumps-tariff-investigation-bluff-will-not-work-china-analysts-warn?utm_source=rss_feed Thu, 12 Mar 2026 11:00:12 +0000 Tom Hussain Tom Hussain Iran’s nuclear-armed neighbour Pakistan has invoked its mutual defence pact with Saudi Arabia in response to Tehran’s missile and drone attacks on the kingdom, in what analysts have described as a key test of Islamabad’s emerging role in the Middle East’s security architecture. A gently worded warning to the Islamic Republic, delivered by Ishaq Dar, Pakistan’s deputy prime minister and foreign minister, has established Islamabad as a go-between to manage the escalation. Briefing the Senate on... https://www.scmp.com/week-asia/politics/article/3345466/pakistan-aims-walk-tightrope-between-saudi-arabia-and-iran-war-flares-region?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3345466/pakistan-aims-walk-tightrope-between-saudi-arabia-and-iran-war-flares-region?utm_source=rss_feed Wed, 04 Mar 2026 13:22:39 +0000 Biman Mukherji Biman Mukherji A Supreme Court ruling that gutted the legal foundation for much of US President Donald Trump’s tariff regime has left Asian trading partners scratching their heads about the future of trade deals struck with Washington over the past 12 months. America’s apex court ruled on Friday that the International Emergency Economic Powers Act (IEEPA) – which Trump had used to impose sweeping “reciprocal” tariffs since his “Liberation Day” proclamation last April – did not grant the president the power to... https://www.scmp.com/week-asia/economics/article/3344300/asias-us-trade-deals-doubt-after-trumps-supreme-court-tariff-defeat?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3344300/asias-us-trade-deals-doubt-after-trumps-supreme-court-tariff-defeat?utm_source=rss_feed Mon, 23 Feb 2026 04:49:32 +0000 Biman Mukherji Biman Mukherji The biggest challenges that the Bangladesh Nationalist Party (BNP) has to tackle following its recent victory in the general election are the country’s sluggish economy, high inflation and unemployment. Speaking at a webinar, panellists said voters would judge the new government on its ability to create jobs, tame inflation and steady relations with key partners, even as they commended the peaceful election. Zafar Sobhan, editor of Counterpoint, said: “Let us not forget this was a key driver in... https://www.scmp.com/week-asia/explained/article/3344168/bangladesh-faces-daunting-post-election-challenges-economy-garment-sector?utm_source=rss_feed https://www.scmp.com/week-asia/explained/article/3344168/bangladesh-faces-daunting-post-election-challenges-economy-garment-sector?utm_source=rss_feed Fri, 20 Feb 2026 12:25:11 +0000 Amber Wang Amber Wang In its latest efforts to reinforce the Communist Party line in China’s armed forces, the PLA Daily took aim at one particular invasive species: “big rats”. The rats were eating away at the PLA’s budget and undermining combat readiness, the military mouthpiece said, adding that they had to be eradicated. “[We] must take strong and forceful measures to crack down on corrupt practices that undermine the building of combat abilities, and thoroughly investigate and root out those ‘big rats’ who... https://www.scmp.com/news/china/military/article/3341985/was-general-zhang-youxia-one-big-rats-eating-chinas-military-budget?utm_source=rss_feed https://www.scmp.com/news/china/military/article/3341985/was-general-zhang-youxia-one-big-rats-eating-chinas-military-budget?utm_source=rss_feed Sun, 01 Feb 2026 10:00:19 +0000 Xinmei Shen Xinmei Shen China will closely monitor developments in Greenland as it seeks to become an important player in Arctic affairs. Still, Beijing is unlikely to respond with any major action in the near future to counter US President Donald Trump’s bid to annex the island, analysts said. “The Arctic is certainly a central matter for policy for China, and they know it’s going to be important in the future, especially with climate change,” said Eurasia Group’s China practice head, David Meale. In his escalated... https://www.scmp.com/news/china/diplomacy/article/3340914/china-quietly-track-greenland-developments-curb-arctic-ambitions-now-analysts?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3340914/china-quietly-track-greenland-developments-curb-arctic-ambitions-now-analysts?utm_source=rss_feed Fri, 23 Jan 2026 00:01:33 +0000 Laura Zhou Laura Zhou China has proposed to host the secretariat of a new treaty governing the high seas, in what observers say is the latest effort by Beijing to proactively play a bigger role in shaping international rules of order. Days after President Donald Trump signed an executive order to pull the US from 66 international organisations, including United Nations commissions and major bodies set up to tackle climate change, China has bid for Xiamen in Fujian province – a coastal hub that sits on the Taiwan... https://www.scmp.com/news/china/diplomacy/article/3340455/china-bids-secretariat-high-seas-treaty-contrast-us-exit-un-bodies?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3340455/china-bids-secretariat-high-seas-treaty-contrast-us-exit-un-bodies?utm_source=rss_feed Mon, 19 Jan 2026 12:21:09 +0000 Yuanyue Dang Yuanyue Dang In the daytime the temperature in northern China often stays below freezing, but for many rural villagers the prohibitive cost of heating means that they have little choice but to endure the cold. “We dare not turn on the heating during the day,” one woman from Guan county in Hebei named Wang said. The 75-year-old’s home is around 70km (43 miles) from the centre of Beijing, but running the heating all day would cost between 60 and 90 yuan (US$8-13), an expense that could soar over the course of... https://www.scmp.com/news/china/politics/article/3339631/north-china-farmers-pay-heavy-price-winter-beijings-clean-air-success?utm_source=rss_feed https://www.scmp.com/news/china/politics/article/3339631/north-china-farmers-pay-heavy-price-winter-beijings-clean-air-success?utm_source=rss_feed Tue, 13 Jan 2026 01:00:16 +0000 Shi Jiangtao Shi Jiangtao Washington’s further retreat from multilateral institutions has dealt “a heavy blow” to an already fractured global governance system, presenting both opportunities and challenges for Beijing, according to analysts. Observers said US President Donald Trump’s decision to withdraw the US from 66 international organisations would have lasting consequences for American leadership around the world, accentuating power gaps in critical areas such as climate and security. On Thursday, Chinese foreign... https://www.scmp.com/news/china/diplomacy/article/3339220/china-warns-law-jungle-us-exits-global-bodies?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3339220/china-warns-law-jungle-us-exits-global-bodies?utm_source=rss_feed Thu, 08 Jan 2026 22:00:14 +0000 Tom Hussain Tom Hussain The United States and Pakistan are reviving defence and minerals cooperation in a bid to reset their uneasy ties, marking a policy shift that has stirred anxiety in India even as Washington seeks to reassure New Delhi. Washington has approved hundreds of millions of dollars in upgrades for Pakistan’s ageing F-16 fighter jets and opened the door to more than US$1 billion in financing for US companies involved in critical minerals projects in the South Asian nation. These moves mark the most... https://www.scmp.com/week-asia/politics/article/3336526/india-wary-us-backs-pakistan-f-16-upgrades-and-mineral-projects?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3336526/india-wary-us-backs-pakistan-f-16-upgrades-and-mineral-projects?utm_source=rss_feed Tue, 16 Dec 2025 03:00:11 +0000 Khushboo Razdan Khushboo Razdan Despite a high-level phone call between US President Donald Trump and Indian Prime Minister Narendra Modi on Thursday, 2025 is likely to end without the long-promised US-India trade deal, as the “America first” leader continues to stall the agreement while working to cement improved ties with Beijing. The call came just days after Modi hosted Russian President Vladimir Putin. While the Indian Prime Minister described his conversation with Trump as “warm and engaging” in a social media post,... https://www.scmp.com/news/us/diplomacy/article/3336135/trump-and-modi-have-warm-phone-call-2025-unlikely-end-trade-deal?utm_source=rss_feed https://www.scmp.com/news/us/diplomacy/article/3336135/trump-and-modi-have-warm-phone-call-2025-unlikely-end-trade-deal?utm_source=rss_feed Thu, 11 Dec 2025 23:00:52 +0000 Biman Mukherji Biman Mukherji A tentative thaw in India–China ties is rekindling hopes that the two Asian giants could move from strategic rivalry to clean-energy cooperation at a moment when the Global South is searching for leverage in climate negotiations. This cautious warming, after four years of strained relations, has unfolded alongside renewed trade in green-energy components and their increasingly aligned push at Cop30 in Brazil for more climate finance and fairer rules, a convergence that analysts say could subtly... https://www.scmp.com/week-asia/health-environment/article/3333729/cop30-india-and-china-align-climate-ties-thaw-going-same-direction?utm_source=rss_feed https://www.scmp.com/week-asia/health-environment/article/3333729/cop30-india-and-china-align-climate-ties-thaw-going-same-direction?utm_source=rss_feed Sun, 23 Nov 2025 08:00:24 +0000 Khushboo Razdan Khushboo Razdan The first test for a much-celebrated US–China trade truce is looming. US Treasury Secretary Scott Bessent hopes to finalise a rare earth deal by next week’s Thanksgiving holiday, but experts say a breakthrough is unlikely as the two sides maintain sharply different narratives of what was discussed and agreed on key issues. From rare earths to soybeans, three weeks after Chinese President Xi Jinping and his American counterpart, Donald Trump, were photographed smiling and shaking hands after a... https://www.scmp.com/news/china/article/3333764/us-china-fragile-truce-divergent-accounts-and-thanksgiving-test?utm_source=rss_feed https://www.scmp.com/news/china/article/3333764/us-china-fragile-truce-divergent-accounts-and-thanksgiving-test?utm_source=rss_feed Fri, 21 Nov 2025 19:52:07 +0000 Tom Hussain,Sarmad Iqbal Tom Hussain,Sarmad Iqbal Tensions are again mounting in South Asia after suspected terrorist attacks in Pakistan and India triggered a furious exchange of accusations, including claims of proxy warfare conducted through Afghanistan. Analysts are cautiously optimistic that renewed conflict can be averted, following deadly clashes between Pakistan and India in May and skirmishes between Pakistani forces and the Afghan Taliban in October. The hope is that restraint and international diplomatic pressure may yet stave off... https://www.scmp.com/week-asia/politics/article/3332728/india-pakistan-conflict-risks-surge-amid-terror-attacks-afghan-proxy-war-claims?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3332728/india-pakistan-conflict-risks-surge-amid-terror-attacks-afghan-proxy-war-claims?utm_source=rss_feed Fri, 14 Nov 2025 08:00:13 +0000 Shi Jiangtao Shi Jiangtao This year marks half a century of formal diplomatic relations between China and the European Union as well as the 25th anniversary of the founding of the European Union Chamber of Commerce in China. Here, Shi Jiangtao looks at how the relationship has been affected by Trump 2.0 and accompanying ups and downs of US-China ties, and global conflicts. In an era defined by intensifying US-China rivalry, the European Union often finds itself pulled in opposite directions by the competing giants,... https://www.scmp.com/news/china/diplomacy/article/3331751/can-eu-walk-strategic-autonomy-tightrope-china-us-tug-war?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3331751/can-eu-walk-strategic-autonomy-tightrope-china-us-tug-war?utm_source=rss_feed Thu, 06 Nov 2025 22:00:16 +0000 Bochen Han Bochen Han Long-simmering debates in Washington about the benefits of increased investment from China were revived in recent weeks after Beijing reportedly pushed US President Donald Trump’s administration to roll back national security restrictions on Chinese deals in America. But despite signs of high-level political warming to the idea, analysts say the path forward for Chinese firms remains steep given federal and state restrictions and the realities of congressional and local politics. China’s... https://www.scmp.com/news/china/article/3331336/can-chinese-investment-still-find-home-america?utm_source=rss_feed https://www.scmp.com/news/china/article/3331336/can-chinese-investment-still-find-home-america?utm_source=rss_feed Mon, 03 Nov 2025 17:00:09 +0000 Khushboo Razdan,Mark Magnier Khushboo Razdan,Mark Magnier Just back from his whirlwind Asia tour, US President Donald Trump on Friday hailed a newly negotiated trade deal with China as a “long-lasting” victory even as he teased the possibility of more tariff concessions. Aboard Air Force One en route to his Palm Beach, Florida, resort, Trump painted the Busan, South Korea, summit with Chinese President Xi Jinping on Thursday as a blockbuster for US agriculture, especially soybeans, and dangled the prospect of stronger trade ties. “The deal with China... https://www.scmp.com/news/china/article/3331140/trump-hails-lasting-deal-xi-dangles-more-possible-tariff-cuts?utm_source=rss_feed https://www.scmp.com/news/china/article/3331140/trump-hails-lasting-deal-xi-dangles-more-possible-tariff-cuts?utm_source=rss_feed Fri, 31 Oct 2025 22:06:36 +0000 Meredith Chen,Zhao Ziwen,Fan Chen Meredith Chen,Zhao Ziwen,Fan Chen US President Donald Trump hailed his high-stakes meeting on Thursday with Chinese leader Xi Jinping as a “great success”, marked by progress on thorny trade issues. Trump agreed to reduce America’s fentanyl-related tariffs on China by 10 percentage points and cut the overall tariff rate on Chinese imports from 57 per cent to 47 per cent. For its part, Beijing will resume buying US farm products, including soybeans, and delay by one year the implementation of its most sweeping export controls on... https://www.scmp.com/news/china/diplomacy/article/3331093/how-are-leading-western-think-tanks-unboxing-xi-trump-summit-breakthroughs?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3331093/how-are-leading-western-think-tanks-unboxing-xi-trump-summit-breakthroughs?utm_source=rss_feed Fri, 31 Oct 2025 10:40:56 +0000 Biman Mukherji Biman Mukherji As the West falters in its commitment to fighting climate change, analysts expect emerging economies led by China, India and Brazil to seize the initiative at next month’s UN climate summit. The Cop30 conference, from November 10 to 21 in the Brazilian city of Belem, comes as the United States under Donald Trump remains largely disengaged from climate challenges following his successive orders to withdraw the world’s largest economy from the 2015 Paris Agreement, while Europe’s attention appears... https://www.scmp.com/week-asia/health-environment/article/3329473/china-india-and-brazil-set-steer-global-climate-change-agenda-cop30?utm_source=rss_feed https://www.scmp.com/week-asia/health-environment/article/3329473/china-india-and-brazil-set-steer-global-climate-change-agenda-cop30?utm_source=rss_feed Sun, 19 Oct 2025 08:00:16 +0000 Shi Jiangtao Shi Jiangtao As Washington continues to retreat from its traditional leadership role in the post-war international order, particularly under the “America first” doctrine, Beijing has stepped in with a calculated response to the widening vacuum in global governance, unveiling what observers call a “master plan” for reform. China’s newly unveiled Global Governance Initiative (GGI), launched this month to commemorate the 80th anniversary of the United Nations, represents its most comprehensive and structured... https://www.scmp.com/news/china/diplomacy/article/3325746/us-retreats-can-xi-jinpings-new-initiative-shape-future-world-order?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3325746/us-retreats-can-xi-jinpings-new-initiative-shape-future-world-order?utm_source=rss_feed Tue, 16 Sep 2025 15:00:16 +0000 Khushboo Razdan,Xiaofei Xu,Ji Siqi Khushboo Razdan,Xiaofei Xu,Ji Siqi China has confirmed that a framework agreement has been reached with the United States on resolving TikTok-related issues, while stressing that the “hard-won” results should not be accompanied by continued “suppression” of Chinese companies. “The two sides held candid and in-depth exchanges and reached a basic framework consensus on properly resolving relevant issues concerning TikTok through cooperation, on reducing barriers to investment and on promoting relevant trade and economic... https://www.scmp.com/news/china/diplomacy/article/3325628/trump-teases-possible-deal-tiktok-plans-call-xi?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3325628/trump-teases-possible-deal-tiktok-plans-call-xi?utm_source=rss_feed Mon, 15 Sep 2025 12:37:25 +0000 Seong Hyeon Choi Seong Hyeon Choi China’s display of advanced military technology at its Victory Day parade could help it overtake Russia in global arms sales, but geopolitical factors might keep it from entering markets with ties to the US, according to analysts. During the military parade on Wednesday to mark the 80th anniversary of Japan’s defeat in World War II, China showcased its advanced weapon systems. In addition to President Xi Jinping, state leaders of 26 countries attended, including a handful from Southeast Asia... https://www.scmp.com/news/china/military/article/3324377/could-chinas-hi-tech-military-display-help-it-surpass-russia-arms-sales?utm_source=rss_feed https://www.scmp.com/news/china/military/article/3324377/could-chinas-hi-tech-military-display-help-it-surpass-russia-arms-sales?utm_source=rss_feed Thu, 04 Sep 2025 12:20:54 +0000 Bloomberg Bloomberg The legal fight over US President Donald Trump’s global tariffs is deepening after a federal appeal court ruled the levies were issued illegally under an emergency law, extending the chaos in global trade. A 7-4 decision by a panel of judges on Friday night in Washington was a major setback for Trump even as it gives both sides something to boast about. The majority upheld a May ruling by the Court of International Trade that the tariffs were illegal. But the judges left the levies intact while... https://www.scmp.com/news/world/united-states-canada/article/3323797/us-trade-allies-confused-after-trumps-tariffs-suffer-legal-setback?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3323797/us-trade-allies-confused-after-trumps-tariffs-suffer-legal-setback?utm_source=rss_feed Sun, 31 Aug 2025 02:59:23 +0000 Shi Jiangtao,Fan Chen Shi Jiangtao,Fan Chen US President Donald Trump’s signature budget bill, signed into law earlier this month, marked a startling pivot towards fossil fuels and nuclear power, reigniting a fierce debate over how best to balance the country’s energy future with its national security. The act, known officially as the One Big Beautiful Bill, rolls back Joe Biden era subsidies for solar, wind and electric vehicles – a dramatic reversal of long-standing US support for clean energy in a world racing towards... https://www.scmp.com/news/china/diplomacy/article/3320090/will-china-win-renewables-race-while-us-pivots-fossil-fuels-and-nuclear?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3320090/will-china-win-renewables-race-while-us-pivots-fossil-fuels-and-nuclear?utm_source=rss_feed Wed, 30 Jul 2025 22:00:09 +0000 Ralph Jennings,Mark Magnier Ralph Jennings,Mark Magnier US President Donald Trump, apparently impatient with the slow progress of negotiations, on Monday slapped 25 per cent unilateral tariffs on Japan and South Korea and equal or higher import taxes on several other nations ahead of a self-imposed Wednesday deadline. Analysts said the move shows that the mercurial American leader is using threats to jump-start negotiations. Trump sent two-page letters to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung saying the new... https://www.scmp.com/news/asia/east-asia/article/3317299/apparently-impatient-trump-slaps-25-tariffs-japan-and-south-korea?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3317299/apparently-impatient-trump-slaps-25-tariffs-japan-and-south-korea?utm_source=rss_feed Mon, 07 Jul 2025 22:42:57 +0000 Vanessa Cai,Xinlu Liang Vanessa Cai,Xinlu Liang New rules on certain Communist Party organs suggest China’s ruling party is aiming to standardise its decision-making process and that President Xi Jinping might be delegating more of his power, according to observers. The 24-member Politburo, the party’s top echelon, on Monday reviewed new rules that would apply to the various “party coordinative institutes” – organisations aimed at coordinating cross-agency policies in a specific area. Specifically, these refer to party “central commissions”... https://www.scmp.com/news/china/politics/article/3317101/new-communist-party-rules-hint-chinas-xi-jinping-delegating-more-power-deputies?utm_source=rss_feed https://www.scmp.com/news/china/politics/article/3317101/new-communist-party-rules-hint-chinas-xi-jinping-delegating-more-power-deputies?utm_source=rss_feed Sun, 06 Jul 2025 02:00:15 +0000 Zhao Ziwen Zhao Ziwen With the July 9 deadline for “Liberation Day” tariffs nearing, US President Donald Trump said on Friday that “over the next week and a half or so”, Washington would inform countries “what they have to pay” to do business with America. His remarks came hours after Treasury Secretary Scott Bessent suggested trade talks could continue to September. Trump also directed a new salvo at Canada, announcing an immediate halt to trade talks in retaliation for Ottawa’s plan to introduce a digital trade tax... https://www.scmp.com/news/china/article/3316183/trump-says-us-tell-countries-what-they-have-pay-sees-china-india-deals-soon?utm_source=rss_feed https://www.scmp.com/news/china/article/3316183/trump-says-us-tell-countries-what-they-have-pay-sees-china-india-deals-soon?utm_source=rss_feed Fri, 27 Jun 2025 21:26:41 +0000 Ji Siqi Ji Siqi As global confidence in the US dollar erodes in the wake of Washington’s “Liberation Day” tariffs, economists at the Annual Meeting of the New Champions debated whether China’s yuan could emerge as a credible alternative to challenge the world’s dominant currency. US President Donald Trump’s sweeping “reciprocal tariffs” on allies and adversaries alike marked “another step in the process of diminishing the role of the dollar as a global reserve currency,” said Diana Choyleva, senior fellow of... https://www.scmp.com/economy/china-economy/article/3315941/summer-davos-debate-chinas-yuan-ready-challenge-us-dollar-dominance?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3315941/summer-davos-debate-chinas-yuan-ready-challenge-us-dollar-dominance?utm_source=rss_feed Thu, 26 Jun 2025 22:00:13 +0000