Amid efforts by France, Germany and the UK to keep the Iran nuclear deal – the Joint Comprehensive Plan of Action (JCPOA) – alive, Israel has released evidence that they claim shows that Iran has lied about its nuclear ambitions and intentions before the JCPOA deal was signed in 2015, according to the BBC.  The... View Article

President Donald Trump is sending his top economic advisors to Beijing in a bid to head off a looming US-China trade war. “I think we’ve got a very good chance of making a deal,” President Trump told reporters during French President Emmanuel Macron’s visit to the White House. If an agreement isn’t reached, President Trump... View Article

Abu Dhabi’s Khalifa industrial free zone (KIZAD) has attracted US$1bn in foreign direct investments from Chinese companies in under a year. According to UAE officials, this is expected to rise when the UAE’s new investment law is implemented, reports Gulf News. 15 Chinese companies have invested in KIZAD in the last year and KIZAD has... View Article

Singapore’s Prime Minister Lee Hsien Loong announced a cabinet reshuffle on April 24th, where all but one of the 16 ministries saw changes. Prime Minister Lee said that this year’s reshuffle was more extensive than usual as he would like  to “stretch” the younger ministers by giving them additional responsibility, reported Channel News Asia. This is... View Article

Xi Jinping unveiled the ‘Hainan plan’ on Friday last week, which will see the island of Hainan developed into a pilot free-trade port by 2025.  In a document released by the Chinese government’s official website, they will set up an investment fund in order to build the free-trade port, which aims to be ‘mature’ by... View Article

President Xi Jinping has pledged to further open up China’s economy in a speech which seemed aimed at countering US protectionism. Speaking at the Boao economic forum, President Xi said China will ease restrictions on auto imports and will give foreign companies greater access to its financial services market, The Straits Times reports. “China’s door... View Article

President Trump has tried to distance himself from the emerging trade war between the US and China as markets reacted to a new escalation in tariffs between the two economies. On Tuesday, the US published an official list of 1,300 Chinese import goods to be targeted by tariffs, covering sectors including robotics, information technology and... View Article

South Korea has agreed to limit its steel exports and relax its position on US auto imports, in what represents a major success for President Trump. An official statement from the South Korean Ministry of Trade, Industry and Energy – released today – confirmed that South Korea would be exempt from new US steel tariffs,... View Article

China has said it will retaliate to US tariffs on Chinese imports with tariffs of its own, in a move that makes the prospect of a trade war increasingly likely. President Trump is pressing ahead with measures announced last week, which he says are in response to concerns over China’s misappropriation of US intellectual property,... View Article

The President of Myanmar, Htin Kyaw, has stepped down today on suspected health grounds, the BBC reports. According to an official statement, Htin Kyaw, 71, has resigned “in order to take rest from the current duties and responsibilities.” It added that former general and current Vice-President, Myint Swe, would act as president until a new... View Article