Author: Nectar Gan

Business collaboration might restore US-China relations under deal-maker Trump.

Business collaboration might restore US-China relations under deal-maker Trump.

China can take a lesson from 1980s Japan, which defused bilateral frictions by strategically pivoting towards direct investment in US manufacturing As US president-elect Donald Trump prepares to take office on January 20, a pivotal moment in US-China relations is unfolding. One day before his inauguration, TikTok faces a shutdown under legislation requiring its Chinese parent ByteDance to divest or cease its US operations. Trump’s declaration last month that the United States and China “can together solve all the world’s problems” signals a reset in bilateral relations. He showed he was open to practical cooperation in his first term, notably with the phase-one trade agreement, which established frameworks for financial services and intellectual property protection, and expanded
Beijing and Hanoi share destiny

Beijing and Hanoi share destiny

China and Vietnam should maintain close high-level exchanges, ensure Sino-Vietnamese cooperation yields more positive results, and promote people-to-people exchanges, President Xi Jinping has said as the two countries mark the 75th anniversary of the establishment of diplomatic relations this year. Xi, who is also general secretary of the Communist Party of China Central Committee, made the remarks on Wednesday while talking with To Lam, general secretary of the Communist Party of Vietnam Central Committee. China and Vietnam not only share similar cultures and systems, but also have common ideals and strategic interests, and both sides have intensified reform and opening-up. In the 75 years since the establishment of diplomatic ties, the two countries have stood together through th...
China’s hopes for the second term of President Trump: Handling regional and bilateral relations

China’s hopes for the second term of President Trump: Handling regional and bilateral relations

Trump's 'America First' approach could weaken US alliances, creating opportunities for China to expand its influence If Trump follows through on tariff threats, China may retaliate economically by targeting US companies operating in China or imposing tariffs on US export The author is a junior research fellow at the Caucasian Center for International Relations and Strategic Studies (QAFSAM). Donald Trump's victory in the 2024 US presidential election has heightened China's concerns regarding a range of complex challenges at bilateral and regional levels. His campaign promises and the individuals he plans to appoint to critical positions in his administration signal a tougher stance towards China. During his campaign, Trump pledged to impose tariffs of up to 60% on Chinese...
The geopolitical struggle for the Arctic is highlighted by Trump’s Greenland gambit.

The geopolitical struggle for the Arctic is highlighted by Trump’s Greenland gambit.

As climate change accelerates Arctic ice melt, opening up new shipping routes and resource extraction opportunities, Greenland’s geopolitical value has soared In August 2019, then US president Donald Trump made headlines with his surprising proposal to buy Greenland from Denmark. While the idea was met with scepticism and humour, it also reignited a historical debate and shed light on Greenland’s growing geopolitical significance. As Trump prepares to re-enter the White House, his renewed interest in Greenland – and its implications for US foreign policy and Arctic governance – merits deeper examination.The idea is not new. In 1868, US secretary of state William H. Seward, fresh from acquiring Alaska, expressed interest in Greenland and Iceland as part of America’s expansion str
China will construct the biggest hydroelectric dam in the world in Tibet.

China will construct the biggest hydroelectric dam in the world in Tibet.

BEIJING: China has approved the construction of what will be the world’s largest hydropower dam, kicking off an ambitious project on the eastern rim of the Tibetan plateau that could affect millions downstream in India and Bangladesh. The dam, which will be located in the lower reaches of the Yarlung Zangbo River, could produce 300 billion kilowatt-hours of electricity annually, according to an estimate provided by the Power Construction Corp of China in 2020. That would more than triple the 88.2 billion kWh designed capacity of the Three Gorges Dam, currently the world’s largest, in central China. The project will play a major role in meeting China’s carbon peaking and carbon neutrality goals, stimulate related industries such as engineering, and create jobs in Tibet, the offici
Amid the holiday week, China equities modestly increase as traders wait for clarification on stimulus programs.

Amid the holiday week, China equities modestly increase as traders wait for clarification on stimulus programs.

China’s major stock indexes edged up slightly as investors struggled to find trading catalysts in many global markets during the Christmas holiday week.The CSI 300 Index, which tracks 300 of the largest stocks in Shanghai and Shenzhen, rose 0.1 per cent to 3,987.48 at the close. The gauge rose 1.5 per cent over the past three days. Christmas is not a public holiday in China. The Shanghai Composite Index also gained 0.1 per cent. Technology and telecoms firms emerged as the best performers among the 10 industrial groups in the CSI 300, while utilities and energy stocks underperformed. Chinese stocks have been rangebound over the past two months, as traders have been waiting for the effective implementation of the government’s stimulus measures. Investors expect Beijing to deliver mor
China’s CATL introduces EV chassis designed to survive high-speed collisions.

China’s CATL introduces EV chassis designed to survive high-speed collisions.

China’s Contemporary Amperex Technology (CATL), the world’s largest electric vehicle battery maker, on Tuesday launched a new electric vehicle chassis that it says can withstand a 120km/h (75mph) frontal impact without catching fire or exploding, as it touts safety as a key selling point. The chassis has a battery capable of running for about 1,000km on a single charge and reduces the time required for mass production of a vehicle to 12-18 months from the traditional 36 months or longer, CATL said. The company aims to sell the new EV platform – called “panshi” in Chinese, which translates to “bedrock” – to premium carmakers seeking to accelerate development and reduce costs. “Due to the extremely high crash speed and intensity, there has been no previous instance of any new energ
China International Trade: Yiwu businesspeople: Trade continues with or without tariffs

China International Trade: Yiwu businesspeople: Trade continues with or without tariffs

In eastern China's Yiwu, a city famous for small commodity trades, businesspeople sensed the uncertainties around the new tariff policy of the U.S. and started to prepare for possible challenges. Li Jiaming has more. The Christmas vibe is in full swing in eastern China's Yiwu City. It is known as China's capital of small commodities. Data show that eight out of ten Santa Claus model worldwide are from here. Behind this commercial dominance lie price, product and purchasing ease. YU QIAOFANG Christmas Accessory Vendor "The products here are designed by us. We have competitive price and products. Our goods are sold to over a dozen countries." Shops here, albeit small, sell products to dozens of countries. Due to the nature of the business, small gadgets here are sensitive to the ch...
Compared to Vietnam and India, China, Indonesia, and Mexico impose lower tariffs on US goods: MC Analysis

Compared to Vietnam and India, China, Indonesia, and Mexico impose lower tariffs on US goods: MC Analysis

China, Indonesia and Mexico are on a better footing when it comes to tariffs imposed on US imports, with over 75 percent of US merchandise exports to these nations attracting less than 10 percent tariff, according to a Moneycontrol analysis of World Bank data. President-elect Donald Trump, set to take office in January, has threatened tariffs against the countries that charge higher duties on US imports. In the run-up to the election, Trump discussed imposing a 60 percent tariff on China’s imports into the US. In his first term, the US president imposed 40 percent tariff on some goods from China. The US president-elect has also threatened tariffs on BRICS nations if they move ahead with the idea of a BRICS currency. A comparative study shows that India may attract more ire fro
Because of this fear, the US will investigate China’s semiconductor business.

Because of this fear, the US will investigate China’s semiconductor business.

The United States said Monday it is opening an investigation into China's policies for its semiconductor industry, over concerns that Beijing is turning to "extensive anticompetitive and non-market means" to undermine other economies. The probe centres on foundational semiconductors -- which go into everything from cars to medical devices -- and whether China's actions create burdens for US commerce, said the US Trade Representative's (USTR) office. The fear is that Beijing's practices undermine "the competitiveness of American industry and workers, critical US supply chains, and US economic security," the USTR's office added. Beijing slammed the move as "protectionist," vowing to defend its interests and urging Washington to halt its "wrong practices." The investigation falls...
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