7 h. ago Nexperia crisis: how geopolitics disrupts a global chip supply chain

The ongoing dispute between China and the Netherlands over chipmaker Nexperia has highlighted how geopolitical tensions can disrupt an otherwise smooth global supply chain, according to analysts. Based in Nijmegen, Netherlands, Nexperia exemplifies a typical multinational company with front-end fabrication plants in Hamburg, Germany, and Manchester, UK, as well as back-end assembly facilities across Asia, including Dongguan, China; Laguna, the Philippines; and Negeri Sembilan, Malaysia. The...

Politics

24 h. ago Can Scott Bessent see China’s trade counterstrike with clear eyes?

After a video call last Saturday, US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng are expected to meet in Malaysia this week to hopefully ease tensions before US President Donald Trump and President Xi Jinping potentially meet on the sidelines of this year’s Apec summit. The meeting was in doubt when Trump threatened to impose an additional 100 per cent tariff on China, despite later relenting that it might not be sustainable. Washington blamed Beijing for the escalation,...

Events

33 h. ago ‘Reason to be together’: India, Brazil boost ties amid US tariff tensions

India and Brazil are doubling down on economic and climate cooperation in a bid to strengthen Brics and bolster the Global South’s negotiating power as both nations face rising trade tensions with the United States. Analysts say the push – announced during Brazilian Vice-President Geraldo Alckmin’s visit to New Delhi last week – is not just about shielding their economies from punitive US tariffs, but also about asserting influence on multilateral issues ranging from energy security to global...

Events

3 d. ago China, India and Brazil set to steer global climate change agenda at Cop30

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...

Politics

4 d. ago Dutch seized Nexperia over fears Chinese owners planned to move chip production to China

The Dutch government believed chipmaker Nexperia’s Chinese owners planned to move its manufacturing operations to China, prompting the unprecedented seizure of the company that has sent shock waves through the global tech world. Earlier this month, authorities seized control of Nexperia’s management and ousted its Chinese CEO, Zhang Xuezheng, citing national security concerns. In response, China’s Ministry of Commerce on October 4 imposed export controls on Nexperia’s Chinese subsidiary and its...

Politics

4 d. ago Ahead of meeting with China's Xi, Trump says Beijing 'forced' him to impose steep tariffs

Ahead of meeting with China's Xi, Trump says Beijing 'forced' him to impose steep tariffs  The Economic Times

Politics

4 d. ago China’s rare earth export controls have gone global. Can it enforce them?

As more countries begin formulating contingency plans for their stocks of rare earth elements, analysts said China’s tightening control over its near-monopoly status in the supply and refining capacity of the minerals – an action taken as part of Beijing’s broader trade conflict with the US – could face challenges in enforcement. Last week, China announced a sweeping expansion of its export control regime as it relates to rare earth elements – raw materials that are crucial components in the...

Politics

5 d. ago Hansoh and Leads Biolabs clinch US$2.5 billion in global drug licensing deals

Two Chinese drug developers have signed licensing deals that could yield as much as US$2.5 billion in performance-based payments, underscoring growing international confidence in China’s life sciences sector. Hansoh Pharmaceutical Group has agreed to license global rights – excluding mainland China, Hong Kong, Macau and Taiwan – to develop and market a colon cancer drug candidate to F Hoffmann-La Roche, a unit of Swiss-based biotech giant Roche. Hansoh, a major psychotropic and cancer drugs...

Economics

5 d. ago Chinese EV maker Li Auto eyes global market with Hong Kong base

Chinese electric-vehicle (EV) maker Li Auto has set up its international headquarters in Hong Kong, paving the way for its overseas expansion amid intensifying competition at home. The Hong Kong operations would serve as a strategic base for the Beijing-based carmaker to “oversee its research and development [R&D], intellectual property management and international supply chain functions”, said InvestHK, the Hong Kong government’s investment promotion arm, in a statement on Thursday. Li Auto,...

Politics

5 d. ago China imposes export controls on lithium batteries and graphite anode materials

China imposes export controls on lithium batteries and graphite anode materials  WorldECR

Events

6 d. ago Hong Kong least ready for AI adoption among global markets: survey

Hong Kong is the least ready to fully adopt artificial intelligence in workplaces among 30 global markets, according to a survey by US tech infrastructure and software company Cisco in August and released on Wednesday. Only about 2 per cent of organisations surveyed in the city were considered “pacesetters” – companies that outperformed their peers across a series of measures related to AI adoption. That compared with 13 per cent globally, according to Cisco’s study, which surveyed more than...

Politics

6 d. ago China Imposes Extraterritorial Jurisdiction and a 50% Rule for Export Controls on Rare Earth Elements and Other Items

China Imposes Extraterritorial Jurisdiction and a 50% Rule for Export Controls on Rare Earth Elements and Other Items  JD Supra

Politics

6 d. ago FirstFT: Bessent warns world will ‘decouple’ from China if it imposes new export controls

FirstFT: Bessent warns world will ‘decouple’ from China if it imposes new export controls  Financial Times

Events

6 d. ago How China can position its K visa for success in race for global tech talent

Could China’s new K visa reshape the global competition for top talent? Beijing certainly aims to do just that. Officially rolled out this month, the visa is aimed at young foreign professionals in the science, technology, engineering and mathematics (STEM) fields. It targets graduates and professionals with at least a bachelor’s degree in STEM from recognised institutions or engaged in relevant education or research. Unlike other Chinese visas for employment or research, the K visa does not...

Politics

6 d. ago Trump’s Treasury Secretary Says US Will Impose ‘Price Floors’ To Combat China Manipulating Markets

Trump’s Treasury Secretary Says US Will Impose ‘Price Floors’ To Combat China Manipulating Markets  Yahoo Finance

Politics

7 d. ago Hong Kong Disneyland seeks new head after Michael Moriarty assumes global role

The head of Hong Kong Disneyland Resort will assume a new global position as chief financial officer for the company’s experiences division, with a search now under way for his successor. Michael Moriarty has been appointed executive vice-president and chief financial officer for Disney Experiences, according to the company’s announcement on Tuesday. “We are thrilled that Michael Moriarty will become Disney Experiences’ next CFO and look forward to his continued leadership in this global role,”...

Politics

7 d. ago Global markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most’ if it doesn’t surrender

Global markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most’ if it doesn’t surrender  Fortune

Politics

7 d. ago As China and US impose rival port fees, global shipping braces for disruption

As China and the United States begin charging additional port fees on Tuesday, analysts warn the global shipping industry faces growing uncertainty and turmoil – though Beijing’s exemption of domestically built vessels is expected to limit the impact. China announced retaliatory port fees last Friday and released implementation details in the first hour of Tuesday – the same day the Chinese and US measures took effect. Fees will be waived for vessels built in China and for empty vessels arriving...

Politics

7 d. ago Global markets tumble as Beijing imposes new ban on U.S. shipping and Bessent vows China ‘will be hurt the most’ if it doesn’t surrender

Global markets tumble as Beijing imposes new ban on U.S. shipping and Bessent vows China ‘will be hurt the most’ if it doesn’t surrender  MSN

Politics

8 d. ago China imposes export ban after Dutch intervention at chipmaker Nexperia

China imposes export ban after Dutch intervention at chipmaker Nexperia  NL Times

Politics