In another first, American containerised imports from China surpassed by the rest of Asia in sign that diversification and decoupling are under way. Source link
Read More »China tries to calm economic waters as Covid storm rages
China’s top economic agency is bidding to shore up market confidence with pledges to stabilise supply chains and maintain social order. Source link
Read More »Can India unseat zero-Covid China to become the new ‘factory of the world’?
Beijing’s zero-Covid stance may be doing what Donald Trump didn’t manage to fully achieve during his term as US president – shifting global supply chains away from China for the first time in 40 years. Source link
Read More »South Korea unveils private sector support to aid diversification from China
South Korea has pledged to stabilise domestic supply chains, allocate more money for R&D and strengthen production ties with Southeast Asian nations in a bid to ease the private sector’s reliance on China. Source link
Read More »The Dutch resist US call to ban more chip-making equipment sales to China
The European country is home to ASML, which dominates the market for deep ultraviolet lithography machines. Source link
Read More »Apple gauges China supply risks and firms also question reliance on tech giant
China’s stock exchanges are stepping up scrutiny of Apple suppliers seeking IPOs, questioning if business models are overly reliant on one client. Source link
Read More »China competition swamps all other EU relations with Beijing, top diplomat says
EU foreign affairs chief Josep Borrell makes comments after ministers discuss a paper urging EU to stand up to Beijing’s efforts to ‘systematically promote an alternative world order’. Source link
Read More »China looks to Philippines as supply chain partner amid US decoupling threat
China is looking to shore up supply chains and maintain gains made under former Philippines president Rodrigo Duterte with its proposal to set up ‘demonstration parks’ for trade and innovation, experts say. Source link
Read More »A fully reopened Hong Kong will be in China’s best interests
While Hong Kong keeps chasing the goal of “zero Covid”, its peers and competitors are moving on and normalising economic activity. Fully reopening is more urgent and more feasible than ever, and doing so will be to both Hong Kong and China’s great benefit. Source link
Read More »US-China clean energy decoupling ‘nearly impossible’ and ‘counterproductive’
Clean energy collaboration between China and the US has manageable risks, but decoupling will slow deployment of technology desperately needed for the world’s energy transition, a new study says. Source link
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