Vietnam benefits from China-US trade war

BY SILVI WRITER Vietnam may benefit from the escalation of trade dispute between China and the United States, according to a recent research, as stronger manufacturing output turns the ASEAN economy one of the world’s best performers. Both Hanoi and Ho Chi Minh City are among the world’s top ten most dynamic cities, according to the latest City Momentum Index released by real estate services … Continue reading Vietnam benefits from China-US trade war

Can China and the US Avoid a new ‘Cold War’?

BY SILVI WRITER Former US president Jimmy Carter warned of the risks of sliding into a “modern Cold War” with China and called on both sides to find a common cause on African development. Marking the 40th anniversary of his January 1979 normalisation of relations with Chinese leader Deng Xiaoping, Carter voiced concern that both countries were increasingly describing each other as threats. “If top … Continue reading Can China and the US Avoid a new ‘Cold War’?

Chinese firm rolls out first Made-in-USA subway cars

BY SILVI WRITER and XINHUA The CRRC Corporation, one of China’s major rail companies, announced on Tuesday the completion of the first pair of new subway cars built in its US factory in western Massachusetts. The CRRC said the vehicles would be delivered to the US state to replace cars that have been serving the Orange Line of Boston for decades, as “it lobbies the … Continue reading Chinese firm rolls out first Made-in-USA subway cars

In 2012, this Iowa man hosted Xi. Now Trump’s trade war is hurting his soybean farm

BY XIE YU, SCMP On an autumn morning in November, Grant Kimberley told a room full of visitors how income from his 4,000-acre (1,600 hectares) family farm in Maxwell, Iowa, has plummeted by as much as 25 per cent in a year, because of the trade war that his president has started with his largest export market. “Soybeans and agriculture have become the collateral damage” … Continue reading In 2012, this Iowa man hosted Xi. Now Trump’s trade war is hurting his soybean farm

She who paved the way for China’s entry to WTO

BY ZHAO HUANXIN, CHINA DAILY   She is known in China for her role as the chief US negotiator in the marathon talks that led to Beijing’s accession to the World Trade Organization in 2001. In her spacious office in downtown Washington, the former United States Trade Representative said she looks back with “great pride” on her role in helping China achieve WTO membership after … Continue reading She who paved the way for China’s entry to WTO

How do ASEAN countries benefit from the trade war?

BY WANG XIAOZHU   The trade war between Beijing and Washington is pushing more firms, most of which manufacturers, move to the ASEAN countries to avoid additional tariffs charged by the US. These include not just Chinese firms, but also international companies that seek to move their plants from China to southeast Asia. Analysts say the trend is set to impact on China’s export in … Continue reading How do ASEAN countries benefit from the trade war?

‘A trade war is not a solution’, US association in sports industry urged Trump

BY XINHUA   The Sports & Fitness Industry Association (SFIA) Tuesday issued a newsletter strongly opposing the new US announcement to raise tariffs on Chinese products worth $200 billion. In the letter obtained by Xinhua, SFIA President and CEO Tom Cove said the leading US trade association of manufacturers, retailers, and marketers in the sports products and fitness industry, are extremely disappointed with the announcement … Continue reading ‘A trade war is not a solution’, US association in sports industry urged Trump