Container ships wait off the coast of the congested Ports of Los Angeles and Long Beach in Long Beach, California, on Oct. 1.
Trade war

Biden's new trade policy draws praise in Beijing, but baffles D.C.

Will 'Trump lite' work? Critics call for a 'rest of the world' strategy that ignores China

13 October 2021
U.S. Trade Representative Katherine Tai, left, held talks with her Chinese counterpart Liu He. (Source photos by Reuters)
Trade war

China presses U.S. to cancel tariffs in test of bilateral engagement

Tai says Washington will raise concerns over Beijing's nonmarket trade practices

9 October 2021
The tax reform framework agreement is set to be implemented in 2023 and was announced by the Organization for Economic Cooperation and Development.
International relations

Global deal sets 15% minimum corporate tax in 2023

136 countries agree on reform to hit brakes on race to the bottom

9 October 2021
Top U.S. contract chipmaker Globalfoundries plans to list on the Nasdaq.
Semiconductors

Globalfoundries bets on chip 'onshoring' demand ahead of IPO

U.S. chipmaker touts its footprint outside of Asia amid trade uncertainty

5 October 2021
A container ship leaves Pusan Newport Terminal on July 1: South Korean exports to Japan are nearly three times larger than those to Germany.
Opinion

Why U.S. decline does not mean the end of globalization

Idea that the world as we know it is unraveling is flawed

5 October 2021
U.S. Trade Representative Katherine Tai is set to unveil the Biden administration's long-awaited China trade policy.
Trade war

U.S. trade rep vows to pressure China beyond 'phase one' deal

Katherine Tai to resume trade talks with Beijing 'in coming days'

5 October 2021
French President Emmanuel Macron, second from left, and then-Australian Prime Minister Malcolm Turnbull, center, on a Royal Australian Navy submarine in May 2018. (AAP image/Mick Tsikas)
International relations

EU pushes back Australia trade talks over France submarine snub

AUKUS deal puts goal of FTA by year-end further from reach

2 October 2021
CNOOC plans to list on the Shanghai Stock Exchange amid U.S. sanctions.
Companies

CNOOC plans Shanghai share sale amid U.S. sanctions

Target to raise $5.4 billion follows high oil price and profit surge

27 September 2021
People dance at the LGBTQ+ pride fest in East Los Angeles on June 27: the question is how to reconnect grassroots dynamism to the overall well-being of the nation.
Opinion

Can a kinder capitalism mend broken confidence in America?

U.S. has a chance to redefine its leadership

26 September 2021
CPTPP members should encourage the U.S. to return to the fold while President Joe Biden is still in office.
Comment

Why U.S. membership in CPTPP makes more sense than ever

Washington risks being locked out and ceding Indo-Pacific influence to China

24 September 2021
Jack Ma, founder of Alibaba Group Holding, pictured in September 2018: a sense of trepidation and silence has enveloped the country's startup and tech community.
Opinion

What Xi Jinping can learn from Ronald Reagan

Beijing's meddling risks destroying China's innovation machine

23 September 2021
The OECD said the most urgent task was to communicate to the public that rising inflation had many temporary features. 
Economy

OECD raises inflation forecasts and flags risk of prolonged rises

Paris-based club of nations says serious harm can be avoided if policymakers make right calls

21 September 2021
As the West pushes to decarbonize, a lack of investment in fossil fuel production and exploration threatens a supply squeeze, with alternative energy struggling to fill the gap.
Datawatch

Global energy shortage looms as investment in fossil fuels slides

Decarbonization push may cut oil output 73% by 2050 despite lack of alternatives

21 September 2021
Passengers queue at Los Angeles International Airport in May. There will be no quarantine mandate for vaccinated visitors under the loosened travel rules.
Coronavirus

U.S. to allow vaccinated foreign travelers in November

Biden administration to lift ban on travel from China, EU and elsewhere

21 September 2021
A draft of a joint statement obtained by Nikkei shows how Quad leaders intend to take a stand against China's use of science and technology to maintain authoritarian regimes around the world.
Indo-Pacific

Quad leaders to call for securing chip supply chain

Japan, India, Australia and U.S. leaders to link advanced tech with human rights

19 September 2021
Pumpjacks extract oil at a field in China. The Chinese government will auction 7.38 million barrels of oil from strategic reserves to ease rising petroleum prices.
Commodities

China and U.S. strike back against soaring commodity prices

Beijing unleashes oil reserves while Washington cracks down on food processors

17 September 2021
Representatives of Comprehensive and Progressive Agreement for Trans-Pacific Partnership member countries take part in a news conference in Santiago, Chile, in 2019.
Trade

China officially applies to join CPTPP trade pact

Bid comes day after U.S., U.K. and Australia announce new defense partnership

16 September 2021
The Taliban's actions have raised skepticism about its promises to respect women's rights. (West Asia News Agency via Reuters)
Afghanistan turmoil

Aid for Taliban-led Afghanistan poses dilemma for West

Economic paralysis since takeover seen plunging 97% into poverty

15 September 2021
Stream article image
Datawatch

U.S. freed from burden of high crude oil prices

Washington to reduce Middle East involvement even further

14 September 2021
Patrick Harker, president of the Federal Reserve Bank of Philadelphia, expects interest rates to rise in late 2022 or early 2023.
Interview

Start tapering soon; inflation may be long-lived: Philadelphia Fed chief

Chip shortage is disrupting supply chains, Patrick Harker says

13 September 2021
Speaking from Washington D.C., Brad Smith said that tech companies, including Microsoft, "need to assume a new level of self-responsibility, and adapt to a future where we recognize that regulation is not only inevitable but, in fact, has an important role to play." (File photo by Getty Images) 
Technology

US and China need to repair tech ties: Microsoft president

Brad Smith says Big Tech must behave responsibly and adhere to regulations

9 September 2021
A flare burns natural gas at an oil well in Watford City, North Dakota, on Aug. 26: oil and gas has become a favorite scapegoat.
Opinion

Throttling oil and gas to protect the climate will backfire

Environmental agenda cannot ignore energy supply security

9 September 2021
The U.S. Capitol Building: The House of Representatives is slated to reconvene on Sept. 20.
US-China tensions

Vote on US 'China bill' recedes to fall or beyond

Aid for chip industry in focus as House and Senate struggle to reconcile legislation

27 August 2021
Liu Zhongtian, then chairman and president of China Zhongwang Holdings, at a company factory soon after its 2009 IPO in Hong Kong. 
Materials

Chinese aluminum maker defiant despite $1.8bn US fraud verdict

Six companies said to be controlled by Zhongwang founder convicted of conspiracy

26 August 2021
Warships participate in the 2020 Malabar exercise involving the four Quad members: the U.S., Japan, India and Australia.
International relations

Quad navies gather for drills as Australia courts India on trade

'Good luck with that,' expert says of Canberra's push for alternative to China

26 August 2021