Uncertainty persists on US – China trade deal
This despite Trump’s comments that US and China close to trade deal. US President Donald Trump said on Tuesday (Nov 12) that the United States and China are close to a…
India should have signed up for RCEP
India has decided to put a halt on its joining the largest planned free trade area. Had India not pulled out at the last minute from signing the deal during the 3rd summit of…
US property loses allure for Chinese buyers
Economic factors contribute to falling demand. Over the past 10 months, Bei Qin, a realtor in Silicon Valley, California, has not had any clients from China, a market that used…
S. Korea open to settling spat with Japan over intel-sharing pact if relations improve
Intelligence sharing has been suspended since an economic spat between the two countries erupted several months ago. President Moon Jae-in’s top security adviser reaffirmed…
China, US agree to remove additional tariffs gradually
Both sides said further deals were ‘close’. China and the United States have agreed to remove additional duties on each other step by step as they make progress in…
Modi’s move to not join RCEP applauded back home
Farmers and large corporations applaud the move which would have put their income at risk. Indian farmers and businesses on Tuesday (Nov 5) hailed Prime Minister Narendra…
Xi Jinping says China will focus on imports, further lower tariffs
China has made overtures to increase capital income in recent months. Chinese President Xi Jinping told world and business leaders at the opening of a mega trade fair on Tuesday…
Ross: Thailand’s GSP suspension not a big deal
The US is set to suspend over 1 billion USD of preferential treatment over certain Thai exports. US Secretary of Commerce Wilbur Ross said the suspension of tariff privileges…
Abe tells Moon Japan’s ‘principle’ stance
The two countries have been embroiled in an economic dispute. Prime Minister Shinzo Abe and South Korean President Moon Jae-in held a dialogue for about 10 minutes at the venue of…
Beijing, Washington expected to complete first phase of trade deal soon
Trump has boasted about the deal before it has been completed. China and the United States are expected to wrap up their phase-one trade agreement soon, a step toward ending the…