38 m. ago China’s lead in global shipbuilding may already be fading, new data suggests

China’s dominance of global shipbuilding appears to have been eroded over the past six months, according to the latest industry data, suggesting that US efforts to rein in the country’s shipyards may be starting to bite. China has been by far the world’s largest shipbuilder for years, but its shipyards saw new orders plunge 68 per cent year on year to 26.3 million deadweight tonnes in the first half of 2025, according to a Monday report from maritime consultancy Clarksons Research. South Korea,...

Politics

13 h. ago In global survey, US cited more often than China as greatest ally and threat

A new survey of citizens in 25 middle- and high-income countries has found that the US is more likely than China to be seen as their most important ally – and their greatest threat. In the survey it released on Tuesday, the Pew Research Centre polled nearly 40,000 adults from the world’s six populated continents – including those in the US and the four Asian nations of India, Indonesia, Japan and South Korea – between January 8 and April 26. Respondents were not given a list of countries from...

Events

15 h. ago Trump tariffs live updates: China sends new trade warning after Trump letters to Japan, South Korea, others

Trump tariffs live updates: China sends new trade warning after Trump letters to Japan, South Korea, others  Yahoo Finance

Events

16 h. ago East Asia faces fresh US tariffs, China rare earth curbs: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Apparently impatient Trump slaps 25% tariffs on Japan, South Korea US President Donald Trump, apparently impatient with the slow progress of negotiations, on Monday slapped 25 per cent unilateral tariffs on Japan and South Korea and equal or higher import taxes on several other nations ahead of a self-imposed Wednesday deadline. 2. Rare earth dominance: why...

Politics

19 h. ago More uncertainty ahead for Asia as Trump shifts goalposts on tariffs again

Asia could face a prolonged period of trade uncertainty after US President Donald Trump extended the deadline for imposing higher import tariffs to August 1. Trump told trade partners on Monday that the new deadline was final, though he might grant further extensions if countries submitted acceptable proposals. He also confirmed plans to impose a 25 per cent tariff on imports from Japan and South Korea in letters posted on his social media platform, warning: “If for any reason you decide to...

Politics

21 h. ago How China, Japan and South Korea can be titans of tech innovation

Just ahead of the July 9 deadline to reach an agreement on tariffs, US President Donald Trump announced his decision on the tariffs levels for 14 countries – including a rate of 25 per cent on Japan and South Korea – effective August 1. Trump accused Japan of not buying enough rice and cars from the US. It’s worth noting that the American car industry is simply not competitive in Japan. Germany, Japan and China are the top three auto exporters. Those countries, along with South Korea, have...

Politics

21 h. ago Opinion | How China, Japan and South Korea can be titans of tech innovation

Opinion | How China, Japan and South Korea can be titans of tech innovation  South China Morning Post

Politics

21 h. ago Why East Asian integration could be the solution to US tariff threats

Just ahead of the July 9 deadline to reach an agreement on tariffs, US President Donald Trump announced his decision on the tariffs levels for 14 countries – including a rate of 25 per cent on Japan and South Korea – effective August 1. Trump accused Japan of not buying enough rice and cars from the US. It’s worth noting that the American car industry is simply not competitive in Japan. Germany, Japan and China are the top three auto exporters. Those countries, along with South Korea, have...

Events

23 h. ago ‘Truly regrettable’: Trump slaps 25% tariffs on South Korea and Japan. What now?

US President Donald Trump’s surprise announcement of 25 per cent tariffs on imports from key trade partners including South Korea and Japan has been viewed less as a final blow and more as a high-stakes bargaining tactic. The move highlights Trump’s preference for brinkmanship-style deal-making and leaves room for diplomacy, as Seoul races to craft its response ahead of the new August 1 deadline, according to analysts. South Korea’s presidential office convened an emergency meeting of cabinet...

Politics

23 h. ago Bean there, done that? Starbucks’ Korean border outlet proves a smash hit

A Starbucks branch perched at the edge of one of the world’s most heavily militarised borders has brewed up a remarkable success, drawing more than 120,000 customers in just seven months thanks in part to its singular offering: sweeping views into North Korea. This outpost of the American coffee giant is not in any ordinary location. It sits atop the observatory at Aegibong Peace Ecological Park, a former military base transformed into an eco-sanctuary in Gimpo, South Korea. Here, visitors can...

Events

30 h. ago Apparently impatient Trump slaps 25% tariffs on Japan, South Korea

US President Donald Trump, apparently impatient with the slow progress of negotiations, on Monday slapped 25 per cent unilateral tariffs on Japan and South Korea and equal or higher import taxes on several other nations ahead of a self-imposed Wednesday deadline. Analysts said the move shows that the mercurial American leader is using threats to jump-start negotiations. Trump sent two-page letters to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung saying the new...

Politics

31 h. ago “Historic opportunity”: why China is betting on a poor province in trade war

The 2025 trade war launched by the United States is shaping up to become a watershed moment for Chinese policymakers. While the country’s economic resilience and role at the centre of global supply chains helped secure a 90-day truce with Washington, Beijing is digging deep to fight a protracted conflict. The forthcoming Five-Year Plan – China’s signature development blueprint – is expected to fortify the domestic economy in the pursuit of global leadership. Provincial leaders are seizing...

Events

32 h. ago Trump tariffs live updates: Trump sets August tariff rates on Japan, South Korea, and more in 14

Trump tariffs live updates: Trump sets August tariff rates on Japan, South Korea, and more in 14-letter spree  Yahoo Finance

Politics

33 h. ago South Korea’s Lee Upsets Ties With America by Pursuing ‘Pragmatic’ Policy Playing Washington Against Beijing

South Korea’s Lee Upsets Ties With America by Pursuing ‘Pragmatic’ Policy Playing Washington Against Beijing  The New York Sun

Events

34 h. ago Trump tariffs live updates: Trump tells Japan, South Korea he's imposing 25% tariffs, beginning letter barrage

Trump tariffs live updates: Trump tells Japan, South Korea he's imposing 25% tariffs, beginning letter barrage  Yahoo Finance

Politics

35 h. ago Trump tariffs live updates: Trump tells Japan, South Korea leaders he's imposing 25% tariffs as letters begin

Trump tariffs live updates: Trump tells Japan, South Korea leaders he's imposing 25% tariffs as letters begin  Yahoo Finance

Politics

36 h. ago Tensions rise between US and China as Washington activates its most aggressive plan to prevent Beijing from knowing its technological advances

Tensions rise between US and China as Washington activates its most aggressive plan to prevent Beijing from knowing its technological advances  MARCA

Events

53 h. ago Hong Kong manufacturers brace for higher costs as end of trade truce looms

A recent surge in Hong Kong’s exports masks a grim reality for frontline manufacturers, with some facing a sharp drop-off in new orders and bracing for renewed pressure on costs as a 90-day tariff truce between Washington and Beijing ends on Tuesday. Bryant Chan Wan-sing, president of toymaker the Wynnewood Corporation, said the sharp increase in orders during the truce was essentially a reinstatement of ones put on hold or cancelled when tariffs were introduced on US President Donald Trump’s...

Economics

65 h. ago Dalai Lama’s 90th Birthday: Did Washington Just Nudge Beijing With Its Wishes?

Dalai Lama’s 90th Birthday: Did Washington Just Nudge Beijing With Its Wishes?  Times Now

Politics

3 d. ago Donald Trump says US and China will hold talks on TikTok deal early next week

US President Donald Trump has reaffirmed his interest in visiting China and announced that talks between Beijing and Washington were set to start early next week on a possible TikTok deal that could determine the future of the popular video-sharing platform. The fate of TikTok, which faces a potential ban in the US over national security concerns, has long been a sticking point in US-China relations. Under a law passed by the US Congress last year, ByteDance Ltd, the Beijing-based parent company...

Politics