Former Federal Reserve chair Janet Yellen, tapped by U.S. President-elect Joe Biden to lead the treasury, echoed the outgoing Trump administration's grievances about China's trade practices at her confirmation hearing Tuesday.
US-China tensions

Yellen vows 'full array of tools' to curb China's abusive practices

Biden's Treasury pick calls Beijing 'our most important strategic competitor'

20 January 2021
IMF Managing Director Kristalina Georgieva takes part in a virtual roundtable discussion at the IMF headquarters in Washington. (Photo courtesy of the IMF)
Interview

IMF chief urges green and digital investment for post-virus recovery

Impressed by India's handling of COVID, Georgieva encourages further reforms

17 January 2021
Chinese Vice Premier Liu He and U.S. President Donald Trump shake hands at the signing of the "phase one" trade agreement at the White House in January 2020.
US-China tensions

Trump falls short on China trade goals, but Biden unlikely to make radical shift

China purchases only 60% of US goods pledged in year-old 'phase one' agreement

15 January 2021
Four years ago, the Trump administration vowed to bring back industrial jobs from Asia and revitalize American manufacturing. But things haven't worked out as planned. (Nikkei photo illustration)
The Big Story

The next wave of globalization: Asia in the cockpit

Don't worry about the future of globalization. Make sure you have a place in it

13 January 2021
Demand for container shipping from Asia to Western markets has shown no sign of slowing after the year-end shopping season.
Transportation

Asian container rates soar as bunkered shoppers furnish homes

Consumers snap up furniture, appliances and toys to weather pandemic lockdowns

12 January 2021
The way governments count unemployed people cloaks many jobless workers in stealth. (Source photo by Reuters)
Datawatch

From Japan to the US, young people give up on finding jobs

COVID has been especially cruel to those just getting started

10 January 2021
The U.S. has pressured allies to exclude Huawei from their 5G infrastructure and most European countries, Japan, Australia and other nations halted transactions.
Trade war

China takes aim at foreign companies swayed by US sanctions

Beijing's retaliatory measure seeks damages for business losses

10 January 2021
An advertisement promoting Disney's movie Mulan at a bus stop in Beijing, pictured on Sept. 9, 2020: U.S. companies with legal market access guarantees are less likely to yield to excessive Chinese government demands.
Opinion

How Joe Biden can help Hollywood compete with China

Mismanagement of the COVID-19 pandemic has gutted the US film industry

9 January 2021
A worker holds a palm oil fruit bunch at a factory in Tanjung Karang, Malaysia.
Trade

US blocks palm oil imports from Malaysia's Sime Darby

Forced labor allegations follow those against FGV and Top Glove

1 January 2021
Xi Jinping talks by video with patients and medical workers at the Huoshenshan Hospital in Wuhan on Mar. 10: he racked up a lot of own goals.
Opinion

The best emperor-has-no-clothes moments of 2020

Even Warren Buffett went skinny dipping this year

31 December 2020
Vietnamese Prime Minister Nguyen Xuan Phuc, left, and Minister of Trade Tran Tuan Anh, right, in Hanoi applaud next to a video screen showing Chinese Premier Li Keqiang and Minister of Commerce Zhong Shan in Beijing holding up a signed RCEP agreement on Nov. 15.
Comment

ASEAN bargains on RCEP trade deal to secure 'centrality' in Asia

Southeast Asian nations leverage agreement to balance great powers US and China

29 December 2020
A majority of Japanese business chiefs would like U.S. President-elect Joe Biden to scale down sanctions on China.
Business trends

70% of corporate Japan's leaders want Biden to ease China tensions

Companies confident they can meet 2050 target for net-zero greenhouse gases, poll finds

29 December 2020
German Chancellor Angela Merkel: there are signs of ambivalence seeping into German attitudes.
Opinion

Germany's painful wriggle between China and the US

Navigating between the powers has become a headache for Berlin

28 December 2020
Biden, Olympic logo, Suga, and Wuhan (Source photos by Reuters, Ken Kobayashi, Karina Nooka)
Your Week in Asia

Japan's elections, 100th anniversary of CCP: Asia's 2021 calendar

One year after Wuhan lockdown, will there be a Tokyo Olympics?

27 December 2020
Meidensha seeks greater shares in the U.S. market for circuit breakers used in electrical substations such as this one.
Companies

US tariff on China reroutes Meidensha's production of grid parts

Japan electric appliances maker seeks bigger American share with local output

27 December 2020
A wind turbine under construction in Yichang, China, pictured on May 10: COVID accelerated ongoing trends that may have been better served by gradual evolution.
Opinion

COVID aftershocks promise further oil market turmoil

Global energy road map deserves calmer rethink in 2021

24 December 2020
U.S. President Donald Trump, standing, meets with Vice President Mike Pence and congressional leaders in the Situation Room at the White House in 2019. (Photo courtesy of the White House)
Interview

When great powers think small, world pays big price

'G-minus-2' replaces once-foreseen G-2, says Indian economist Arvind Subramanian

24 December 2020
German Chancellor Angela Merkel is seen on a screen during a video news conference after a virtual summit with China's President Xi Jinping in September.
International relations

China and EU close in on investment deal as US casts wary eye

Brussels must reckon with internal split on Beijing and alarm in Washington

24 December 2020
TSMC is bringing together veteran employees and new talent to staff its planned chip plant in Arizona. (Source photos by Reuters and TSMC)
Technology

Taiwan's TSMC begins hiring blitz for $12bn US plant

Chip champion plans to set up 600-strong initial workforce for Arizona facility

23 December 2020
Honor does not know if the parts it will need to make 100 million smartphones next year will be subject to U.S. export controls.
Huawei crackdown

Former Huawei unit plans to churn out 100m smartphones in 2021

Honor needs US government help to procure from Qualcomm and other suppliers

21 December 2020
U.S. chip material maker Entegris says it will invest $200 million in Taiwan and hire 200 employees, adding to its current local headcount of 300. (Photo courtesy of Entegris)
Technology

Taiwan seals $200m investment by top US chip industry supplier

Entegris CEO seeks 'predictability' from Biden administration amid China tensions

21 December 2020
A bank clerk counts Vietnamese dong banknotes: the U.S. Treasury Department accused Vietnam of devaluing its currency.
Opinion

Vietnam's bittersweet moment in Trump's spotlight

Currencies set to be the next flashpoint between Washington and Asia

21 December 2020
U.S. President-elect Joe Biden campaigns on behalf of Democratic U.S. Senate candidates in Atlanta, Georgia, on  Dec. 15.
Biden's Asia policy

Biden urged to ditch bilateralism by scholars in Europe, US and Japan

Think tanks say US should immediately accept Okonjo-Iweala for WTO

19 December 2020
Chinese Foreign Minister Wang Yi addressed the Asia Society on Dec. 18, marking the first comprehensive speech by a senior Chinese official on Sino-American relations since Joe Biden's election as U.S. president.
US-China tensions

China sees 3 areas of cooperation with Biden: foreign minister

Wang Yi calls for joint action on COVID, economic recovery and climate change

19 December 2020
Katherine Tai, the incoming administration's choice for U.S. trade representative, speaks at The Queen theater in Wilmington, Delaware, on Dec. 11 as President-elect Joe Biden, right, and Vice President-elect Kamala Harris listen.
Biden's Asia policy

Ex-US trade chiefs pin high TPP hopes on Katherine Tai

Bilateral free trade agreement with Japan should be first focus, Rob Portman says

18 December 2020