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#china

257 posts109 participants41 posts today

Why is an American-led international consortium buying up dozens of ports - many in Panama - and how may this become a prime battleground in the U.S.-China rivalry? Beijing is lobbying hard against the giant port deal, under which a Hong Kong-based firm would sell its interest in 43 ports worldwide to an international consortium led by the American asset manager BlackRock Inc. #China #Panama #Trade

csmonitor.com/World/Asia-Pacif

Posted into Business/Economy Page @business-economy-page-csmonitor

The Christian Science Monitor · How a 43-port business deal threatens China’s global powerBy Ann Scott Tyson

"That could impact soybean farmers in particular, who are already facing tariffs on shipments to China, increased competition from Brazil and higher production costs, Wobensmith said. Added port fees would make US soy “uncompetitive in the world market, so their exports will come almost to a grinding halt,” he said."

bloomberg.com/news/articles/20

Trump's tariff threat is turning two of the world's biggest foes into friends.

China is considering increasing imports of Indian products to balance trade ahead of potential US tariffs.

Bilateral trade between the two countries reached $101.7 billion in 2023-24, with India having a significant deficit. China's ambassador to India expressed willingness to import more Indian products that are well-suited to the Chinese market.

economictimes.indiatimes.com/n

Economic Times · Trump's tariff threat is turning two of the world's biggest foes into friendsBy Bloomberg

Irony on Line One!

“The U.S. fired a new round of sanctions at #China on Monday, targeting six high-level Chinese and Hong Kong officials over what it described as acts of transnational repression for their crackdown on pro-democracy activists in Hong Kong and on U.S. soil” nytimes.com/2025/04/01/world/a

Dong Jingwei, the director of Beijing’s Office for Safeguarding National Security in Hong Kong, speaking during an event last year.
The New York Times · U.S. Sanctions Chinese and Hong Kong Officials for Pursuing Activists AbroadBy Tiffany May