Latest: Asia Transportation News
China has granted tariff exemptions on US goods such as pharmaceuticals, chips and aircraft engines and has asked firms to identify critical goods they need levy-free
Prices of goods posted from China valued under $800 will soar from Friday (May 2), when the "de minimus" trade loophole ends and new tariffs begin
"China's affected airlines and Boeing have suffered greatly," the Commerce ministry said, but other airlines say they're happy to take jets from Boeing if China no longer wants them
Beijing says it will take legal action if companies push ahead with $23bn ports deal, insisting that the takeover must be reviewed by its top regulator
Working groups will discuss key issues in new trade talks, but Seoul must hold an election before it can make commitments on big energy projects and defence costs
Trump administration could lower tariffs on Chinese goods to 50-65%, pending talks with Beijing, a source said. But Beijing says no talks have been held yet
China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war
Commentators deride retreat in posturing, but Asian and global markets all rose after US President said tariffs imposed on China are likely to be substantially lower than 145%
Banking sources say the net payments system is designed for large corporations and works directly with 11 Chinese provinces
Vance pushes energy and defence deals while discussing a trade agreement and global issues with Modi on his short Indian visit
In This Section
AF Transportation Insights
-
Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to Work -
Transport InsightsWhy Private Jet Use is Soaring High in India -
Transport InsightsChina EV Upstart Hozon Auto Stuns Rivals With Sales Surge -
Transport InsightsJetpacks, Flying Cars, Drones: Transport’s Future Is in the Skies
Recommended: EV News
-
China-US Economic TiesTariffs Must be Scrapped if US Truly Wants a Trade Fix: China -
China-US Economic TiesChina Follows US Playbook in Rare Earth Crackdown; Tesla Hit
Recommended: Space News
-
China-US Economic TiesChina, Asian Markets Fall After Trump’s Latest China Curbs
Recommended: Aviation News
-
China-US Economic TiesTariffs Must be Scrapped if US Truly Wants a Trade Fix: China
AF TV: Transportation Videos
Transportation:: The Big Picture
Mining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
-
ChinaIn Numbers: The Economic Impact of Shanghai’s Covid LockdownsStrict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
-
Transport InsightsWhy are Indian Electric Vehicles Catching Fire?The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
-
Transport InsightsHere’s Why Tesla’s Shanghai Restart May Not LastTesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
-
Transport InsightsA Little-Known China EV Maker Eclipses Rivals Nio, TeslaHozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
