Chinese President Xi Jinping

US-China trade war

Trump wants trade deal with China to boost stocks: sources

(Jan 9): President Donald Trump is increasingly eager to strike a deal with China soon in an effort to perk up financial markets that have slumped on concerns over the trade war, according to people familiar with internal White House deliberations.

China Focus

China's Xi offers another US$60 bil to Africa, but says no to 'vanity' projects

(Sept 3): Chinese President Xi Jinping offered another US$60 billion ($82.3 billion) in financing for Africa on Monday and wrote off some debt for poorer African nations, while warning against funds going towards "vanity projects".

Global Economy

How is the world economy faring amid US-China trade tensions?

SINGAPORE (Aug 28): Although near-term activity indicators remain stable, global growth appears to be losing momentum in 2018, compared to 2017 when major regions were accelerating.

1MDB Watch

China-backed ECRL project, pipeline projects cancelled for now: Dr M

(Aug 21): Malaysian Prime Minister Mahathir Mohamad said on Tuesday that the Chinese-funded US$20 billion ($27.4 billion) East Coast Rail Link (ECRL) project and a natural gas pipeline project in Sabah will be cancelled for now, according to media reports

Global Economy

China vows to retaliate as Trump threatens US$200 billion in tariffs

(June 19): China vowed to retaliate against US companies after President Donald Trump threatened to place tariffs on another US$200 billion ($270.3 billion) in Chinese imports, deepening a trade dispute between the world’s two biggest economies.

Global Economy

US puts trade war with China on hold

(May 21): The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said.

Global Economy

Trump considers rejoining TPP; tones down China trade threat

(Apr 13): President Donald Trump directed officials to explore rejoining an Asia-Pacific trade pact he withdrew from shortly after taking office and expressed optimism about a deal with China, a shift in tone that boosted sentiment in the markets.

Global Economy

Trade tensions escalate as Trump proposes US$100 bil in new China Tariffs

(Apr 6): President Donald Trump ordered his administration to consider tariffs on an additional US$100 billion ($132 billion) in Chinese imports, sending US stock futures tumbling on concern the world’s two largest economies are hurtling toward a full-b

Global Markets

More Asean winners than losers in an escalating trade war

SINGAPORE (Apr 5): CIMB says there are more winners than losers in Asean – among Malaysia, Indonesia, Singapore and Thailand (MIST) – in the escalating trade war between US and China.

Global Economy

China counters Trump with tariffs on soybeans, automobiles

(Apr 4): China said it would levy 25% tariffs on imports of 106 US products including soybeans, automobiles, chemicals and aircraft, in response to proposed American duties on its high-tech goods.
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