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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.
January 09, 2019
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".
September 04, 2018
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.
August 28, 2018
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
August 21, 2018
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.
June 19, 2018
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.
May 21, 2018
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.
April 13, 2018
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
April 06, 2018
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.
April 05, 2018
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.
April 04, 2018