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decoupling

De-risking from Chinese copper would cost world US$85 billion, ‘mess up’ supply chains

by Walter Watson
De-risking from Chinese copper would cost world US billion, ‘mess up’ supply chains

A global supply chain shift away from China’s copper manufacturing industry would take “massive investments” in new plants, including US$85 billion for refining and smelting, analytics firm Wood Mackenzie said …

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Talks on China-Japan-South Korea FTA merely ‘symbolic’ given US and public opposition

by Walter Watson
Talks on China-Japan-South Korea FTA merely ‘symbolic’ given US and public opposition

The declaration emphasised the importance of the success of the Regional Comprehensive Economic Partnership (RCEP) as a foundation for the trilateral FTA. The RCEP comprises 15 Asia-Pacific countries including China, …

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Opinion | Hardening US trade stance on China complicates EU’s balancing act

by Walter Watson
Opinion | Hardening US trade stance on China complicates EU’s balancing act

Secondly, driven largely by electoral concerns, the latest US moves suggest Washington is returning to decoupling from Beijing, rather than merely “de-risking”. Such a strategy reveals a bipartisan consensus, with …

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Import tariffs ‘inevitably’ making US inflation worse, China commentary says, as consumers and firms continue to foot the bill

by Walter Watson
Import tariffs ‘inevitably’ making US inflation worse, China commentary says, as consumers and firms continue to foot the bill

“The US’ pursuit of anti-globalisation, decoupling and disconnection has resulted in a mismatch of global resources, as well as supply and demand, which will inevitably impose further constraints on the …

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Opinion | How Europe is targeting Asia while tiptoeing around China tensions

by Walter Watson
Opinion | How Europe is targeting Asia while tiptoeing around China tensions

Overall, exchanges between Macron and Xi were warm and cordial. Nevertheless, Europe’s relations with China have undergone a qualitative shift in recent years. There have been growing disagreements not only …

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Opinion | Cold war 2.0 would exact a much higher economic price

by Walter Watson
Opinion | Cold war 2.0 would exact a much higher economic price

In her address to the Stanford Institute for Economic Policy Research titled “Geopolitics and its impact on global trade and the dollar” on May 7, Gopinath observed that global economic …

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Chinese companies hit with US trade restrictions over ‘spy balloon’ incident

by Ron Morgan
Chinese companies hit with US trade restrictions over ‘spy balloon’ incident

The Biden administration added 37 Chinese entities to a trade restriction list on Thursday, including some for allegedly supporting the “spy balloon” that flew over the United States last year, …

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China needs new strategy to counter US moves on global trade, analysts say

by Walter Watson
China needs new strategy to counter US moves on global trade, analysts say

Washington’s efforts to divert international supply chains from China are already making enough of an impact to drive recommendations for a new game plan from analysts and manufacturers, in their …

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US should not ‘oppress and contain’ China, globalisation facing ‘headwinds’: top Beijing official

by Walter Watson
US should not ‘oppress and contain’ China, globalisation facing ‘headwinds’: top Beijing official

Liu said, “Asia must be vigilant not to become testing grounds for parallel systems. If so, the long-established industrial supply chains in the region could be disrupted and Asia can …

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Opinion | Damaging anti-China policies hold no promise for Republican 2024 hopefuls

by Walter Watson
Opinion | Damaging anti-China policies hold no promise for Republican 2024 hopefuls

Faced with accusations that Washington ignored Pyongyang’s legitimate interests, she said the Trump administration would be willing to meet North Korean officials to talk bilaterally, but not before “CVID”. However, …

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