62 h. ago India’s aim to diversify trade via Iran faces US tariff threat

US President Donald Trump’s threat to impose 25 per cent tariffs on countries that do business with Iran has dented India’s ambition for the strategic Chabahar port and affected Delhi’s trade with Tehran. Trump’s latest threat could curtail shipments of Indian basmati rice to Iran, but is likely to have a limited impact on India’s trade competitiveness since Iran accounts for about 0.3 per cent of its overall exports, according to analysts. Shipments of the rice, one of India’s biggest exports...

Events

67 h. ago Japan, Philippines tighten ties with new defence pact amid China tensions

Japan and the Philippines signed a defence pact on Thursday that would allow the tax-free provision of ammunition, fuel, food and other necessities when their forces stage joint training to boost deterrence against China’s growing aggression in the region and to bolster their preparation for natural disasters. Japan has faced increasing political, trade and security tensions with Beijing, which was angered by Prime Minister Sanae Takaichi’s remark that potential mainland Chinese action against...

Events

5 d. ago U.S. Action Against Venezuela Spurs Blunt Debate Among Chinese Scholars

U.S. Action Against Venezuela Spurs Blunt Debate Among Chinese Scholars  The China-Global South Project

Politics

1 week ago Samsung likely to flag 160% jump in fourth quarter profit as AI boom stokes chip prices

Samsung Electronics is expected to flag a 160 per cent jump in its fourth-quarter operating profit spurred by a severe chip shortage that has sharply driven up memory prices as customers scramble to meet booming demand for artificial intelligence. Semiconductor prices have rocketed in recent months, as the industry’s shift to AI-related chips has curbed production for traditional memory, while demand has been surging for both conventional and advanced chips to train and run AI models. Samsung...

Economics

2 w. ago China is deeply shocked by and strongly condemns the US’ blatant use of force against a sovereign state and action against its president: Chinese FM Spokesperson

China is deeply shocked by and strongly condemns the US’ blatant use of force against a sovereign state and action against its president: Chinese FM Spokesperson  Global Times

Politics

3 w. ago Are the US and China heading for a new chip war? Washington probe flags Beijing’s ‘aggressive’ push

Are the US and China heading for a new chip war? Washington probe flags Beijing’s ‘aggressive’ push  Firstpost

Events

3 w. ago US launches tariff action on Chinese chips, flags economic threat

In a decisive trade move against China’s semiconductor industry, the US Trade Representative Office said it had determined that Beijing’s drive for dominance in the sector is “unreasonable and discriminatory” and poses a direct threat to US commerce. In a formal Notice of Action filed with the Federal Register, the agency said the US is implementing a tariff action on a wide range of Chinese semiconductors, with an initial rate of 0 per cent. The rate is set to rise in 18 months, on June 23,...

Economics

3 w. ago US labels Chinese chips an economic threat, but delays tariff impact until 2027

In a new trade move against China’s semiconductor industry, the US Trade Representative Office said it had determined that Beijing’s drive for dominance in the sector is “unreasonable and discriminatory” and poses a direct threat to US commerce. In a formal Notice of Action filed with the Federal Register, the agency said the US is implementing a tariff action on a wide range of Chinese semiconductors, with an initial rate of 0 per cent. The rate is set to rise in 18 months, on June 23, 2027, to...

Economics

3 w. ago Breaking | US launches tariff action on Chinese chips, flags economic threat

Breaking | US launches tariff action on Chinese chips, flags economic threat  South China Morning Post

Economics

3 w. ago Breaking | US labels Chinese chips an economic threat, but delays tariff impact until 2027

Breaking | US labels Chinese chips an economic threat, but delays tariff impact until 2027  South China Morning Post

Economics

3 w. ago [News] U.S. Think Tank Flags DUVi Loopholes as China Pushes Toward Advanced Chips Using Multipatterning

[News] U.S. Think Tank Flags DUVi Loopholes as China Pushes Toward Advanced Chips Using Multipatterning  TrendForce

Events

last month China’s Hainan launches separate customs regime allowing tariff

China’s southern Hainan province implemented a separate customs regime on Thursday, as Beijing seeks to develop the island into an offshore financing and duty-free hub and position it as a strategic hedge against rising external trade barriers. The new customs regime creates two distinct customs boundaries for Hainan: one separating the island from overseas markets, and another dividing it from the rest of mainland China. Most overseas goods entering the island – which is roughly the size of...

Politics