As Houthi rebels intensify strikes on vessels headed for the Suez Canal, global shipping prices are soaring, raising fears of product shortages and delays.
Category: Far East, South and Southeast Asia and Pacific Areas
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How China Got So Dominant in Cars and Solar
Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
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Maersk Says Expanded Houthi Attacks Are Forcing More Delays
The shipping company said the militia had recently tried to attack ships further from the shores of Yemen, putting more strain on logistics.
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Xi Is Meeting Blinken With Tough Issues on the Agenda
The direct meeting with China’s leader is a sign of continued effort to ease tensions, but officials expect little progress on core issues like Taiwan, trade and Chinese support of Russia.
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Germany’s Leader, Olaf Scholz, Walks a Fine Line in China
Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from Europe about trade and geopolitical tensions.
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China’s Exports Surge Are Drawing a Global Backlash
Increasing overseas sales of manufactured goods are helping China’s economy and creating employment, but countries from Europe to South Asia may lose jobs.
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Asian Celebrities Dominate the Front Rows at Fashion Week
K-pop and soccer stars, actresses and singers — the fashion week A-list increasingly hails from South Korea, Thailand and the Philippines.
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Taylor Swift’s Singapore Shows Stir Anger in Southeast Asia
The country is defending paying the pop star to play nowhere else in Southeast Asia. Thailand’s prime minister said the price was up to $3 million per show.
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India’s Quiet Push to Steal More of China’s iPhone Business
The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.
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Taiwan’s Democracy Draws Envy and Tears for Visiting Chinese
People with personal ties to China, on a tour to see Taiwan’s election up close, learned of the island’s path to democracy — messy, violent and, ultimately, inspiring.
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Philippine Poverty and Farm-Based Economy Have Roots in Colonial Era
Decades after independence, the Philippines lacks the kind of factory economy that has lifted up other Asian nations, tying millions to farm work.
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The Clock is Ticking on Improving China-U.S. Relations, Experts Say
Participants in a task force at the DealBook Summit said President Xi seemed ready to expand economic relations. But for how long?