China has warned the United States it would not retreat from claims that it controls the South China Sea. “China has indisputable sovereignty over the South China Sea islands and their adjacent waters,” foreign ministry spokeswoman Hua Chunying told reporters at a Tuesday news briefing in Beijing. “The United States is not a party […]
BANGKOK — Governments and business in Asia are preparing to place greater focus on regional trade and economic prospects, following the U.S. decision to withdraw from the 12 nation Trans Pacific Partnership agreement or TPP. Analysts say alternative multilateral trade pacts including the Regional Comprehensive Economic Partnership (RCEP), which includes China, may fill the ‘vacuum’ left […]
BERLIN (Reuters) – European Union sanctions on Russia are pointless, the frontrunner in France’s presidential election Francois Fillon said on Monday in Berlin, warning Russia and the United States under Donald Trump could forge links that exclude the EU. Speaking after meeting German Chancellor Angela Merkel, who has taken a hard line in favor of […]
SEOUL — With President Donald Trump’s emphasis on “America First” economic policies, Japan and South Korea are bracing for contentious negotiations over trade and defense sharing costs. In his inauguration address on Friday, President Trump said he would enact protectionist policies to end free trade practices that he said had caused the U.S. economy to decline […]