US to boost Taiwan trade, conduct air, sea transits

“AMBITIOUS ROADMAP”  Campbell said the management would continue to “deepen our ties along with Taiwan, including by means of continuing to advance our own economic and industry relationship. ” “For example, we are going to developing an devoted roadmap for industry negotiations which we all intend to announce within theContinue Reading

How bad will global economy get?

In the US, there have been 2 quarters of undesirable growth.   For everyone but those who refuse to accept the evidence just before their own eyes (or at least refuse to take the calculations of their own staff, who I am certain delivered that second-quarter number only after having checked this “a million instances, ” all the while […]

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North Korea lifts mask mandate after COVID-19 ‘victory’

SEOUL: Northern Korea has raised a mask requirement and eased some other virus restrictions, condition media said Saturday (Aug 13), days after leader Kim Jong Un declared “victory” over COVID-19 . The particular announcement comes after Pyongyang previously this week blamed Seoul regarding causing the COVID-19 outbreak in the NorthContinue Reading

China’s Taiwan Strait drills: the new normal

The following is the first installment of a converted Guancha. cn content. The views would be the author’s alone , nor represent the Guancha platform’s nor Asia Times’ opinion. The particular People’s Liberation Military (PLA) completed a three-day military physical exercise in six places surrounding Taiwan last week after Nancy Pelosi, the speaker states House […]

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Singapore’s woes sound a warning for wider Asia

To those betting on a solid Asian rebound from your Covid-19 era, Singapore has a sobering message: “Think again. ”

On August 11, the particular city-state’s Ministry associated with Trade and Business narrowed its full-year growth forecast to 3-4%. It also revised downward growth in the second quarter in order to 4. 4% through an initial 4. 8% reading.

Singapore matters because of its role as Asia-Pacific region weathervane. Its open and trade-reliant economic climate is usually the vanguard of zigs and zags in global need. When container-ship parking around Singapore will get crowded, manufacturers possess reason to shiver.

Right now, Asia’s weathervane can be signaling fresh headwinds coming its way. Some are coming from Washington, where the US Federal Reserve’s interest-rate hike cycle is definitely accelerating. Others are emanating from Europe, where growth is slowing under the weight of high energy costs.

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