14 h. ago China Maintains Shipbuilding Dominance Despite US Port Fee Dispute

China Maintains Shipbuilding Dominance Despite US Port Fee Dispute  Global Trade Magazine

Politics

30 h. ago Market impact from new US, China port fees less than expected – analyst

Market impact from new US, China port fees less than expected – analyst  ICIS

Politics

38 h. ago ‘Clear edge’: why China’s shipyards are still dominant despite US port fee drama

‘Clear edge’: why China’s shipyards are still dominant despite US port fee drama  South China Morning Post

Events

38 h. ago China shop clerk breaks jade bangles worth US$140,000; owner seeks no compensation

A shop clerk in eastern China accidentally broke jade bangles valued at over one million yuan (US$140,000), yet the owner chose compassion over compensation, giving the young man a chance to learn from his mistake. The incident, which occurred in October at a jewellery shop in Suzhou, Jiangsu province, was captured on surveillance video. While moving a table, the clerk accidentally knocked over a box of jade bangles, resulting in a loud crash. He attempted to gather the pieces but squatted in...

Economics

61 h. ago Seaspan shifts from Hong Kong but courts Beijing as port fee tensions escalate

Seaspan shifts from Hong Kong but courts Beijing as port fee tensions escalate  Lloyd's List

Events

3 d. ago Chinese minister calls out US ‘protectionism’ in shipping industry

China’s Minister of Transport Liu Wei has called on shipping companies and port operators worldwide to promote free trade in a “concerted effort” to combat “protectionism” after the US administration slapped port fees on Chinese vessels. “All the companies dealing with shipping businesses should work together to promote a fair, just and open environment and safeguard the common interests of global economic and trade development,” he said at the North Bund Summit, a shipping industry ­conference,...

Politics

5 d. ago China is Including Cruise Ships in its New “Special Port Fees”

China is Including Cruise Ships in its New “Special Port Fees”  The Maritime Executive

Politics

5 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

5 d. ago Sinking Shanghai, iPhone Air sells out in China: 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. Double whammy: Shanghai is sinking while sea level rises fast Shanghai is sinking while the sea level along China’s coastline is rising fast – its fastest in 4,000 years – possibly threatening China’s financial hub and the global supply chain, scientists warn in a new study. 2. Ships divert, directors resign as US-China port fees rock shipping...

Politics

6 d. ago Nexperia’s China plant workers fear being caught in dispute crossfire

Workers at a large Nexperia packaging plant in the southern Chinese city of Dongguan said they are worried about becoming collateral damage in a simmering political dispute between the Netherlands and China that has upended the management of the Dutch semiconductor maker. During a visit by the Post on Thursday, operations at the factory appeared normal even as staff were aware of the power struggle between Nexperia’s Dutch management and its Chinese owner, Wingtech Technology, over control of...

Events

7 d. ago China exempts ag products from new port fees in trade war move

China exempts ag products from new port fees in trade war move  Brownfield Ag News

Events

7 d. ago Chip supply at risk in fight over Nexperia, unit of China’s Wingtech

Nexperia, the European semiconductor subsidiary of Chinese electronics part maker Wingtech, is caught in the crossfire of the US-China tech war and faces an uncertain future amid restrictions from both the Chinese and Dutch governments, according to analysts. The Dutch government has taken over Nexperia, a move that provoked strong opposition from its Chinese owner Wingtech, the Chinese government and players in China’s semiconductor supply chain. They have vowed to fight for control of the...

Events

8 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

8 d. ago Trade tensions between the U.S. and China rise as new port fees start

Trade tensions between the U.S. and China rise as new port fees start  CBS News

Events

8 d. ago US treasury secretary accuses Beijing of trying to damage global economy, as US and China roll out tit

US treasury secretary accuses Beijing of trying to damage global economy, as US and China roll out tit-for-tat port fees – business live  The Guardian

Events

8 d. ago China, new port fees on US ships in force Beijing: ready for a trade war to the end

China, new port fees on US ships in force Beijing: ready for a trade war to the end  Il Sole 24 ORE

Events

9 d. ago DHT says its fleet has no US links after China's new port fee move

DHT says its fleet has no US links after China's new port fee move  Reuters

Politics

9 d. ago Beijing issues detailed rules for reciprocal port fees targeting US

Beijing issues detailed rules for reciprocal port fees targeting US-linked vessels  Lloyd's List

Events

9 d. ago China Just Hit the U.S. With Retaliatory Port Fees on Cargo Ships

China Just Hit the U.S. With Retaliatory Port Fees on Cargo Ships  inc.com

Events

9 d. ago Will Peru’s Chancay Port be the next ‘Panama moment’ for China?

Observers are optimistic that China and Peru will be able to avoid a “Panama moment” over the joint Chancay Port project, despite further political turmoil in the Latin American country. Dina Boluarte’s presidency came to an end after less than three years last week with a landslide 122-0 impeachment vote in the legislature, following public discontent over her handling of security and corruption scandals. José Jerí, former president of the Congress, will take over as interim president until a...

Politics