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G7 aims to tap income from US$300 billion frozen Russian assets to help Ukraine

by Ron Morgan
G7 aims to tap income from US0 billion frozen Russian assets to help Ukraine

G7 negotiators have been discussing for weeks how to best exploit the assets, such as major currencies and government bonds, which are mostly held in European-based depositories. The cautious wording …

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Opinion | How to protect global free trade from misguided US nationalism

by Anas Siddiqui
Opinion | How to protect global free trade from misguided US nationalism

Even before Trump withdrew from the Trans-Pacific Partnership in 2017, there were rumblings in the US that globalisation was hurting domestic jobs. Yet, a 2024 analysis by Georgetown University’s Lab …

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Taiwan semiconductor firm KYEC to exit mainland China amid geopolitical tensions, changes in cross-strait chip supply chain

by Anas Siddiqui
Taiwan semiconductor firm KYEC to exit mainland China amid geopolitical tensions, changes in cross-strait chip supply chain

Taiwan’s King Yuan Electronics Co (KYEC), one of the world’s largest semiconductor testing and packaging services firms, has divested its entire stake in a subsidiary at manufacturing hub Suzhou, in …

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Janet Yellen in China: overcapacity high on the agenda as secretary takes swipe at exports

by Anas Siddiqui
Janet Yellen in China: overcapacity high on the agenda as secretary takes swipe at exports

“Direct and indirect government support is leading to capacity significantly exceeding China’s domestic demand, as well as what the global market can bear,” Yellen said at an American Chamber of …

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Biden’s contest with China, calls for Hong Kong sanctions, anger over TikTok ‘disinformation’: 7 reads about US-China relations

by Walter Watson
Biden’s contest with China, calls for Hong Kong sanctions, anger over TikTok ‘disinformation’: 7 reads about US-China relations

We have selected seven of the biggest and most important news stories covering US-China relations from the past few weeks. If you would like to see more of our reporting, …

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US Treasury Secretary Janet Yellen to press China on green energy spending, subsidies that distort global market

by Walter Watson
US Treasury Secretary Janet Yellen to press China on green energy spending, subsidies that distort global market

American concerns over China’s green energy spending binge is likely to dominate the high-level talks between the two global powers in Beijing early next month. Citing excess capacity in industries …

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China’s excess clean energy production is ‘likely only temporary’, former central bank chief says

by Ron Morgan
China’s excess clean energy production is ‘likely only temporary’, former central bank chief says

Zhou said one of the factors contributing to excess capacity was slow progress in upgrading power grids and installing energy storage facilities. “Overcapacity is likely only temporary since the world …

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China’s EV sector a live wire for US, with war of words over excess capacity casting shadow over Janet Yellen visit

by Anas Siddiqui
China’s EV sector a live wire for US, with war of words over excess capacity casting shadow over Janet Yellen visit

United States Treasury Secretary Janet Yellen is expected to consult American companies on China’s industrial overcapacity, particularly in solar power and electric vehicles (EVs), at a planned meeting during her …

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China ambassador says Australia wine tariff review on track

by Walter Watson
China ambassador says Australia wine tariff review on track

Workers harvest Shiraz grapes by hand at the Helen & Joey Estate vineyard in the Yarra Valley region of Greater Melbourne, Australia. China’s review of tariffs on Australian wine is …

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Opinion | Trade reforms swept under the carpet as WTO meeting achieves little

by Walter Watson
Opinion | Trade reforms swept under the carpet as WTO meeting achieves little

But the frustrating, mind-numbing banality of proceedings in Abu Dhabi seemed to surprise even the most enthusiastic trade policy wonks. One must question the millions of dollars spent on flying …

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