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Trade
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.
Workers operate on a production line at an assembly workshop of CRRC Zhuzhou Locomotive in China’s Hunan 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

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Singapore

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

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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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China-EU relations

China threatens EU firms over cybersecurity plans targeting Chinese companies

China’s commerce ministry warns broad retaliation is on the table if firms such as Huawei and ZTE are penalised by proposed law.

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Beijing has submitted to the EU on its cybersecurity regulations with a threat of retaliatory probes and the promise of litigation if Chinese firms are targeted. Photo: Shutterstock
China trade

China presses IMF for quota reform, better surveillance of advanced economies

PBOC head urges IMF to ‘stand against protectionism’ amid effects from tariffs, Iran war.

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Malaysia

Delays, rising costs hit Asia’s trade as Gulf crisis spills beyond oil

Port congestion has resulted in longer vessel queues and mounting scheduling pressure, forcing Malaysian operators to tighten access.

China GDP

First tariffs, now war: how Asia is facing a second year of economic shocks

Global institutions forecast slower growth in Asia-Pacific this year, as the Iran war and tariff risks combine to disrupt global trade.

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A crane loads cargo onto a ship at a port in Zhangjiagang, in China’s eastern Jiangsu province. Photo: AFP
Canada

Canada’s Carney says economic ties with US have become a ‘weakness’

In a blunt video address, Canada’s prime minister promises regular updates on efforts to diversify away from the US.

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Canada’s Prime Minister Mark Carney. Photo: The Canadian Press via AP
Donald Trump

Russia’s Lavrov says balance of power shifting to emerging economies

At the Antalya Diplomacy Forum in Turkey, Lavrov said the foundations of globalisation powered primarily by the US had ‘come to an end’.

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Mexico

Mexico mends ties with Spain in first presidential visit in 8 years

Relations deteriorated after Mexico’s former president in 2019 demanded an apology for abuses committed during Spain’s ⁠colonial rule in Mexico.

China manufacturing

Iran war energy shock sees Chinese firms recalibrate overseas expansion plans

Businesses are rethinking short-term strategies as they adapt to rising costs and slowing growth across major economies.

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Illustration: Lau Ka-kuen
US, Israel war on Iran

Iran war: France and UK to lead ‘defensive’ force for Strait of Hormuz

Trump, meanwhile, says he received a Nato offer to help secure the key waterway but told the alliance to ‘STAY AWAY’.

A vessel is seen at the Strait of Hormuz, off the coast of Oman’s Musandam province, on Sunday. Photo: Reuters
E-commerce

How Amazon uses closer China supply ties to counter tariffs, Shein and Temu

Amazon’s warehousing hub in Shenzhen streamlines shipping for Chinese sellers, cutting costs and delays amid rising competition and tariffs.

US-China relations

US-China tensions simmer, economy outperforms, Auto China begins

This week: The US and China exchange trade-war swings, China’s economic growth beats expectations, and the US blockades Iranian ports. Next week: Carmakers debut models at Auto China, Victory Giant starts trading after Hong Kong IPO, robots compete in Beijing half marathon and more.

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Australia

Australian farmers relieved after Indonesia agrees to supply fertiliser

The deal makes up 20 per cent of fertiliser needs for the planting season in Australia, a major supplier of food to Southeast Asia.

A seeder sows wheat at a farm in Bencubbin, Australia. Photo: Reuters
US-China trade war

Why the biggest threat to US dollar dominance may well be Washington itself

Economic sanctions, access to US-led banking systems are powerful tools, but overuse reduces their effectiveness over time, Congress told.

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US-China trade war

‘Buy what they can, steal what they can’t’: US lawmakers slam China’s AI tactics

US lawmakers, experts accused Beijing of buying ‘what they can’ and stealing ‘what they cannot’ from America to advance their AI technology.

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China-Latin America relations

US will help Peru ‘take back’ Chancay port from China, Congress chair says

Maria Elvira Salazar warns port’s ‘dual usage’ potential could enable Chinese submarines, carriers and warships to operate from Peru.

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Boats in the water, in front of cranes at the Chinese-built Chancay megaport operated by Cosco Shipping, in Chancay, Peru. Photo: Reuters
2026 Trump-Xi summit

‘Won’t back down’: Greer seeks more funding for Trump’s trade wars

US trade chief says more resources needed to expand trade probes and counter China, warning farmers remain exposed ahead of Beijing summit.

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US Trade Representative Jamieson Greer speaks with reporters during a tour of a manufacturing facility on April 9. Photo: AP
Hong Kong economy

Hong Kong leader John Lee, EU officials meet to discuss trade, cooperation

EU ambassador describes lunch meeting as a ‘constructive and in-depth exchange on EU-Hong Kong relations’.

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Yuan

China boosts overseas-loan quotas as ‘panda bond’ issuance hits record high

Beijing’s move to lift offshore-loan quotas seen helping stabilise yuan against weaker US dollar while accommodating a surge in net financing via ‘panda bonds’.

Malaysia

‘New normal’: Malaysia and Australia strike energy supply pledge amid Iran war

The deal creates a mutual spillover valve, allowing the partners to swap surplus energy once domestic demand is satisfied.

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Australian Prime Minister Anthony Albanese and Malaysian Prime Minister Anwar Ibrahim meet at a press conference in Putrajaya on Thursday. Photo: AAP/dpa
China trade

Record-setting Canton Fair under Middle East cloud as costs hit China’s exports

Manufacturers and buyers offer on-the-ground perspectives at China’s largest trade exhibition, swapping stories and predictions amid massive turnout.

Buyers browse household electrical appliances at the 139th session of the China Import and Export Fair, also known as the Canton Fair, in Guangdong province on Wednesday. Photo: AFP
US, Israel war on Iran

US cites optimism over a deal even as Iran threatens to close Red Sea shipping

US Treasury to end Iran oil waivers, warning China – top buyer – that banks risk secondary sanctions as American pressure intensifies.

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US-China relations

‘No alternative’: Yellen defends dollar dominance, calls to preserve China trade

Former US Treasury secretary, in Hong Kong, discusses China’s ‘serious conflicts’ with other economies in trade, while warning of decoupling risks.

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