Neighbouring China and Vietnam, two manufacturing giants, are building out railways, adding flights and boosting cargo links to leverage their geographic proximity for another boost in trade and tourism that will help both weather pressure from the US.
The two countries set aside political disputes last year to step up economic ties, and analysts said they were now improving both the quality and quantity of transport links.
“Overall, I see the China-Vietnam connectivity story moving from...
Most trade ministers from the world’s largest economies disagreed with calls to curb excess industrial capacity at a Group of 20 (G20) trade meeting that ended on Thursday, according to China’s commerce ministry, a view that contrasts with a US statement that a “handful” of countries objected.
“The issues related to excess industrial capacity and forced labour have been highly controversial,” a Ministry of Commerce spokesperson said in a statement on Sunday about the two-day G20 Trade...
At a two-day trade exhibition in Hong Kong earlier this week, Vera Nikitina, a representative of Russian confectionery producer Belyov Pastila Manufacture, was looking for new buyers – while also trying to reassure them that the company’s products were genuinely made in Russia.
The company made its first attempt to enter China in 2019, before beginning regular shipments and establishing a local office in 2022-23. Its sales grew in 2024 amid booming Chinese demand for Russian consumer goods.
That...