US President Donald Trump has opted to increase the powers of the Committee on Foreign Investment in order to curb Chinese acquisition of assets in America’s tech industry, backing away from a more aggressive approach. This action by the Trump Administration is a step back from an earlier proposal to invoke the International Emergency Economic... View Article

Indonesia’s regional elections have seen mixed results, which is seen as an indication of results for the general election being held in April next year, the Jakarta Post reports. This could lead to the implementation of populist economic policies in the lead up to the general election. Unofficial results so far indicate a tight race... View Article

Representatives from the European Union (EU) and China have met in Beijing for the 7th annual High-level Economic and Trade Dialogue to discuss closer economic ties. The Dialogue was co-chaired by the European Commission Vice-President Jyrki Katainen and Vice-Premier of the State Council Liu He, as reported by Xinhua, and was held to prepare for the... View Article

A list leaked to the Straits Times has revealed Malaysian Prime Minister Mahathir Mohamad’s full Cabinet line-up of 28 ministers and 24 deputy ministers. Since the Pakatan Harapan’s stunning election victory on 9 May this year, only 14 ministers have been appointed. The announcement of additional Cabinet ministers has been delayed amid internal frictions within... View Article

Incumbent Turkish President Recep Tayyip Erdogan has claimed victory in presidential and parliamentary elections, in which the economy emerged as the divisive issue. Following Erdogan’s victory, the Lira jumped 2.1 per cent in Asia trading, local benchmark bond yields dropped and many dollar-dominated bonds gained value, as reported by Reuters. Despite this, uncertainty over foreign... View Article

Relations between the US and China continued to deteriorate this week, with both sides exchanging fiery language as a trade war looms. On Monday, US Secretary of State, Mike Pompeo, described China’s trade practices as “predatory,” and mocked recent messaging from Beijing about opening-up its economy. “Chinese leaders over these past few weeks have been... View Article

US President Donald Trump has threatened to impose a new 10 per cent tariff on up to US$200bn of Chinese goods, in the latest escalation of tensions between the world’s two largest economies. Last week, the US announced tariffs on US$50bn of Chinese imports, prompting China to vow reciprocal duties on 659 US products, the... View Article

A number of key indicators on the Chinese economy released this week highlight multi-year or record lows across industrial, construction and retail sectors – prompting concerns about the robustness of the world’s second-largest economy. The slowdown comes after the crackdown on risky lending practices that has caused borrowing costs to increase, the Straits Times reports.... View Article

US President Donald Trump looks set to push ahead with controversial tariffs on Chinese goods in a move that could prove the opening salvo in a long-feared trade war. According to the Financial Times, the President has approved a plan to proceed with up to US$50 billion of tariffs on Chinese imports as part of... View Article

President Xi Jinping hosted the 18th annual summit of the Shanghai Cooperation Organisation (SCO) over the weekend, welcoming Asian leaders including Indian Prime Minister Narendra Modi, Pakistan’s President Mamnoon Hussain and Russian President Vladimir Putin. As the G7 ended in disunity among western world leaders, the SCO ended with leaders stressing the importance of ‘developing... View Article