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China pledges further opening as leaders scramble for free trade

November 20, 2016 by · Leave a Comment 

By Rosalba O'Brien and Kiyoshi Takenaka LIMA (Reuters) – Chinese President Xi Jinping pledged to open the economy further on Saturday as leaders of Asia-Pacific countries sought new free-trade options following Donald Trump's election to U.S. president on promises to scrap or renegotiate trade deals. All eyes were on China at this year's APEC summit in Lima, Peru just over a week after Trump's surprise victory in the United States …

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China pledges further opening as leaders scramble for free trade

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Asian export nations wary dollar boost gives Trump pretext to beat them

November 20, 2016 by · Leave a Comment 

TOKYO/SEOUL (Reuters) – Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump's fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already on the U.S. Treasury&#…

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Asian export nations wary dollar boost gives Trump pretext to beat them

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How old-school factories stay alive in China’s south

May 22, 2016 by · Leave a Comment 

Squeezed by high costs and unpredictable demand, some factories in southern China's manufacturing heartland are turning to a new strategy to survive: hiring workers by the day. It is a far cry from Beijing's vision of a slick, hi-tech manufacturing future of computers and chip makers: on a warm morning in the southern town of Shiling, dozens of workers gather on a city street to haggle for a day of work making bags for $20 …

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How old-school factories stay alive in China’s south