Tuesday, July 2, 2024

Trade

ASEAN Express to boost Malaysia’s trade connectivity with China and Southeast Asia

Malaysia’s trade connectivity with Southeast Asia and China received a boost with the launch of the ASEAN Express, an international freight train connecting Malaysia to Thailand, Laos, and China.

China, Japan and South Korea agree to ramp up cooperation in rare summit in Seoul

China has agreed to revive trilateral cooperation with South Korea and Japan to address shared challenges, but also criticized the two countries’ increasing security collaboration with the United States.

China’s Xi Jinping kicks off Europe trip in France, meets French President and EU chief

Chinese President Xi Jinping embarked on his first Europe trip in five years, a visit likely to be dominated by discussions on Russia's war in Ukraine and economic tensions between Beijing and Brussels.

Turkiye suspends trade with Israel until permanent Gaza ceasefire

urkish officials said the country will not resume trade with Israel, worth $9.5 billion a year, until a permanent ceasefire and humanitarian aid are secured in Gaza/

Iran and Pakistan agree to boost trade and security cooperation during President Raisi’s visit

The leaders of Iran and Pakistan agreed to strengthen economic and security cooperation as Iranian President Ebrahim Raisi visited Pakistan to mend ties

Key Takeaways: Germany’s leader Scholz meets Chinese President Xi to discuss trade and geopolitical tensions

German Chancellor Olaf Scholz concluded his three-day visit to China with a crucial meeting with Chinese President Xi Jinping on April 16, 2024. The visit was aimed at bolstering business ties with Germany’s largest trading partner while also addressing concerns about China’s increasing exports to Europe

Janet Yellen’s China visit: Tackling US-China trade issues, overcapacity concerns and financial cooperation

U.S. Treasury Secretary Janet Yellen concluded her trip to China, highlighting American concerns over Chinese overproduction, cautioning against support for Russia

China’s Xiaomi unveils affordable electric car as EV competition intensifies

Xiaomi, the renowned Chinese electronics manufacturer, launched its debut electric vehicle Xiaomi SU7 in China

Chinese Foreign Minister visits Australia and New Zealand after 7 years to stabilize trade ties

Chinese Foreign Minister Wang Yi is visiting Australia and New Zealand after 7 years on a significant tour aimed at strengthening trade ties between the countries.

India signs $100 billion free trade deal with 4 European countries

India has signed a trade agreement with four-member European trade bloc European Free Trade Association (EFTA), which includes Norway, Switzerland, Iceland, and Liechtenstein.

Latest News

South Korea’s KAI signs $1.4 billion deal to launch mass production of homegrown KF-21 fighter jets

Nine years after the development of South Korea’s KF-21 Boramae began, the Korean government finalized a significant deal with Korea Aerospace Industries for the production of 20 fighter jets