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News about international trade flows, statistics and policy decisions from the world’s most important trading economies and trade-related bodies, including the World Trade Organisation.
Malaysian army officers visit the booth of Special Technology Control, a Russian developer of unmanned systems, at the Defence Services Asia exhibition in Kuala Lumpur, Malaysia, on Tuesday. Photo: EPA
Malaysia

At Malaysia’s arms bazaar, drone dealers chase Southeast Asian market share

‘Drone warfare is the future,’ say arms dealers in Kuala Lumpur – and the region’s militaries are buying in.

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China’s private sector

Muddy yet clear-cut: how Chinese investors are turning jungle into a new capital

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China manufacturing

Billionaire behind ‘American Factory’ firm warns of US exit amid trade friction

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China technology

As DJI duels Insta360, China sharpens global hardware edge amid US scrutiny

Western competitors like GoPro face shrinking footprints as strategic shifts of Chinese firms disrupt the status quo while navigating FCC-led national security bans.

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Illustration: Lau Ka-kuen
China trade

China places EU defence, aerospace firms on export control list

Seven listed entities are barred from receiving ‘dual-use’ items originating in China, according to a statement from the Ministry of Commerce.

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US-China relations

Exclusive | Trump ally to visit China as US turns up pressure before May summit

Republican senator to lead bipartisan delegation to China next week; visit will begin on May 1, with stops planned in Shanghai and Beijing.

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US, Israel war on Iran

Opinion | Iran war ship seizures show how dual-use claims are being weaponised

In an increasingly fractured world, elastic dual-use claims could become not just a security tool but a new sticking point in global trade.

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US forces patrol near the Iranian-flagged cargo ship Touska after they boarded and seized the vessel in the Arabian Sea on April 19. Photo: Reuters
US, Israel war on Iran

Trump orders US forces to ‘shoot and kill’ boats laying mines in Strait of Hormuz

US president authorises lethal force as the arrival of a third aircraft carrier bolsters a massive naval presence.

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US, Israel war on Iran

Is the US in decline? Why Iran war might be the surest sign

In going from international rule-maker to ‘predatory hegemon’, the US is risking it all, Chinese state media and observers warn.

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China-Middle East relations

Opinion | China can offer Gulf states more than just a security umbrella

As threat perceptions reset, Gulf states are likely to pursue a dual track of restrained regional policy and diversified partnerships.

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Illustration: Craig Stephens
Malaysia

Malaysia’s durian growers in ‘survival mode’ as early glut squeezes export trade

An early bumper harvest and rising fuel and freight costs are squeezing premium durian exporters as they race to get their fruit into China.

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Fresh Musang King durians from Malaysia are displayed for sale in the supermarket in Beijing, China, on April 13. Photo: Simon Song
Banking & finance

Open Questions | Euro, yuan unlikely to match US dollar, Daniel Gros says

German economist doubts EU and Chinese currencies will be widely used for international trade or that stablecoins will take off outside the ‘shadow economy’.

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China trade

Canton Fair defies global trends as overseas buyers flock to buy robots, drones

Foreign buyers queue up to test the latest technological hardware at China’s largest trade show despite softening international demand.

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US-China trade war

Zero H200 chips sold to China ‘as of today’, Lutnick tells US lawmakers

Commerce chief says Beijing is prioritising its own semiconductor industry when asked whether selling US chips would aid Chinese military.

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Howard Lutnick testifies at a Senate hearing on the 2027 budget in Washington on Wednesday. Photo: Reuters
Canada

Canada PM hits back after Trump team demands ‘entry fee’ before trade talks

Washington is reportedly seeking concessions before agreeing to open negotiations on revising the US trade pact with Canada and Mexico.

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Canadian Prime Minister Mark Carney arrives on Parliament Hill in Ottawa on Wednesday. Photo: The Canadian Press via AP
2026 Trump-Xi summit

As Iran talks go nowhere, will Donald Trump still go to Beijing?

With peace negotiations postponed, it is unclear if the US president will be ready to look at stabilising ties between the two top economies.

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US, Israel war on Iran

Video | World’s top condom maker to raise prices over Iran war

Malaysian condom producer Karex plans to raise condom prices by up to 30%.

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Banking & finance

America First Fed? Trump pick Warsh signals ‘monetary sovereignty’: analysts

Potential successor to Jerome Powell may pursue policies that pressure US dollar-driven assets and curb global liquidity, analysts say.

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Kevin Warsh, nominee for US Federal Reserve chair, testifies on Tuesday during a Senate Banking Committee hearing in Washington. Photo: TNS
Singapore

Singapore’s Balakrishnan warns Hormuz just a ‘dry run’ if US, China clash

Foreign minister also says Singapore, Malaysia and Indonesia have a ‘strategic interest’ in keeping the Strait of Malacca open.

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New Zealand

New Zealand minister under fire for ‘butter chicken tsunami’ remarks

A free-trade agreement, to be signed next week, could see more than 20,000 Indian migrants entering New Zealand, officials say.

Canada

Canadian who was detained by China warns against Carney’s EV deal

Ex-diplomat Michael Kovrig was imprisoned for three years after Canada arrested Huawei’s Meng Wanzhou on a US extradition request.

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Canadians Michael Spavor and Michael Kovrig in 2023. Photo: AP
China trade

Learn from the East, says economist Justin Lin, refuting ‘overcapacity’ rhetoric

Former World Bank economist defends Beijing’s industrial strategy amid ‘overcapacity’ allegations, points to Germany and a ‘double standard’.

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Justin Lin Yifu, dean of the Institute of New Structural Economics at Peking University, is seen at last month’s Boao Forum for Asia Annual Conference 2026 in China’s Hainan province. Photo: Xinhua
China-EU relations

China’s CRRC drops bid for Lisbon metro deal as EU finds ‘billions’ in subsidies

Polish firm to replace state-backed Chinese giant as Brussels uses regulatory powers to curb what it says is market-distorting foreign aid.

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China energy security

China confronts Middle East supply shock, as State Council mulls energy strategy

Premier Li Qiang urges ‘bottom-line mentality’ to secure power as Beijing sees coal and Russian gas among options to offset reliance on imported crude.

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Singapore

Strait talking: Singapore, Malaysia, Indonesia unite to secure safe shipping

Together, the Straits of Malacca and Singapore form the world’s busiest corridor for crude oil and petroleum liquids by volume.

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Small boats sail beside vessels anchored in the Strait of Singapore on Tuesday. Photo: AFP
US-China trade war

US firms dash to recover tariffs paid on Chinese imports as refund system starts

Companies scramble on Monday to recover illegally collected tariffs from US government as thousands rush to file claims.

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Companies scramble on to recover illegally collected tariffs from US government. Photo: AFP
US, Israel war on Iran

Beyond Panama and Hormuz: 8 critical waterways under the global microscope

Amid US actions in the two major shipping channels, attention has shifted to the strategic importance and potential risks elsewhere.

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China-EU relations

Opinion | Why Spain’s outreach to China offers a viable model for Europe

De-risking while also deepening ties beyond the transactional shows that interdependence and strategic autonomy aren’t mutually exclusive.

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