Vietnam has the least proportion of its exports used as raw material for Chinese exports compared to ASEAN neighbours, a report says.
The escalating US-China trade war is expected to put further downward pressure on already-declining global economic growth, particularly in 2020, RHB Research Sdn Bhd (RHB Research) observed in its Economics View report yesterday.
The Thai Eastern Economic Corridor (EEC) Office is scheduled to sign a Memorandum of Understanding (MoU) with the China Development Bank (CDB) and the Japan Bank for International Cooperation (JBIC) for financial support of investment projects next week, according to Thailand’s media.
Chinese President Xi Jinping and Singaporean President Halimah Yacob met in Beijing, China, on May 14, discussing measures to promote bilateral ties.
Alarm bells are ringing across the globe as the United States (US)-China trade war continues to brew, and while the International Monetary Fund (IMF) has warned that a full-blown trade war would weaken the global economy, it may not be all bad news for ASEAN.
An ASEAN – Japan agreement on technical cooperation was signed in Tokyo on May 13, the first of its kind sealed between the bloc and its dialogue partner.
Singapore and the Republic of Korea (RoK) signed a revised double taxation avoidance pact on May 13, said the RoK’s Ministry of Economy and Finance.
Teresa Kok, Malaysia’s Minister of Primary Industries, visited Brussels and other European capitals this week in a last-ditch effort to kill new EU rules that will ban the use of palm oil in biofuels – a measure European adopted because of concerns about deforestation.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
