Economy
How Trump’s new tariff hikes will affect Sino-US trade
The constantly shifting US trade policies will have widespread implications for global trade and the shipping industry. In particular, the uncertainty surrounding US policies toward China is expected to continue affecting the structure of Sino-US supply chains.
Caixin Global
Economy
Can Trump’s tariffs on Mexico save the US auto industry?
Considering the significant gains Mexico has made with its domestically produced cars and the growing trade imbalance with its northern neighbour, it is unsurprising that US President Donald Trump is imposing strict tariffs on Mexico, according to academic Liu Xuedong. How can Mexico navigate these challenges, and will the tariffs be effective?
Liu Xuedong
Politics
A Trump-style trade war: The ‘dumbest’ in history?
Just weeks after taking office, US President Donald Trump has already taken swings at China, Mexico and Canada by announcing his plan to impose tariffs on them. Lianhe Zaobao China news editor Yang Danxu tells us more about the trade war and its impact on China.
Yang Danxu
Economy
China-Mexico-US trade relations remain evermore interdependent
Talk of relocation of supply chains and geopolitical tensions notwithstanding, China, Mexico and the US have been in an interdependent trade relationship for a long time, says academic Liu Xuedong. In particular, Mexico's sales destined for the US market are very much dependent on purchases from China. Even Chinese manufacturing firms who have moved to Mexico may find that China and Mexico's trade relationship remains evermore interdependent.
Liu Xuedong
Economy
'World's factory' status threatened as supply chain shifts away from China
Even as China seeks to maintain its position as the "world's factory", globalisation means that companies are seeking to diversify their operations, and are shifting away from China in favour of alternatives. Commentator Jin Jian Guo delves into this trend.
Jin Jian Guo
Politics
Populism and anti-immigration fervour surges in the West
Taiwanese commentator Chen Kuohsiang notes that populist fervour and anti-immigration sentiments in the US and Europe embolden each other and form a vicious circle, dominating major political issues. This has led to the potential political comeback of former US President Donald Trump and the rise of opposition parties in Europe.
Chen Kuohsiang
Economy
[Big read] China's global EV expansion despite trade hurdles from the US and EU
As growth in the sales of new energy vehicles (NEVs) slows in China, a growing number of Chinese carmakers are speeding up their entry into foreign markets. While rising trade protectionism in Europe and North America is affecting their pace of expansion, Chinese carmakers are exploring new markets in South America and Southeast Asia, and localising their production to achieve breakthroughs. Lianhe Zaobao journalist Daryl Lim speaks with industry insiders to find out more.
Daryl Lim
Economy
China-Latin America ties deepen amid boom in cross-border auto trade, e-commerce
China has been Latin America's second largest trading partner since 2012, and last year total bilateral trade reached a record high of US$486 billion. Against the backdrop of the ongoing friction between Beijing and Washington, and the latter's push for nearshore trade, Mexico has been the biggest beneficiary.
Caixin Global