Tháng: Tháng Mười Hai 2024

How China, India and war are reshaping the Middle East

~ Phạm Thu Hương ~ Bình luận về bài viết này

CNA Insider – 29-11-2024

For decades, the Middle East has been a central focus of US foreign policy. But today, America is scaling down its involvement in one of the world’s most volatile regions.

Vying to fill the vacuum are China and India. Billions of dollars’ worth of infrastructure projects from Asia have moved to the Middle East. Cross border investment from the region to Asia has also gained momentum. The region is counting on trade with China and India for its post-oil future. At the same time, the gulf countries are strategically important to the superpowers. For example, China and India are looking to expand military cooperation with Oman.

With the war in Gaza and the spreading Lebanon conflict, the Middle East is leaning even further away from the American pole. How will the pivot to Asia change the dynamics of the region?

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This family rents a tiny room to save up to buy a home in Hanoi, Vietnam

~ Phạm Thu Hương ~ Bình luận về bài viết này

CNA Insider – 27-11-2024

Hanoi resident Nguyen Van Lung and his family would like to buy their own home. With high property prices in Vietnam’s capital city, a mortgage is currently beyond their budget. So they are renting for now – but is renting a sustainable option in the long term?

US sets tariffs for solar panels from South-east Asian nations: Malaysia, Cambodia, Vietnam and Thailand

~ Trần Đình Hoành ~ Bình luận về bài viết này
American makers of solar panels say companies in Malaysia, Cambodia, Vietnam and Thailand are flooding the market with unfairly cheap goods. PHOTO: REUTERS

Nov 30, 2024, 07:37 PM

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WASHINGTON – US trade officials announced on Nov 29 a new round of tariffs on solar panel imports from four South-east Asian nations after American manufacturers complained that companies there are flooding the market with unfairly cheap goods.

It is the second of two preliminary decisions that President Joe Biden’s Commerce Department is making in 2024 in a trade case brought by South Korea’s Hanwha Qcells, Arizona-based First Solar and several smaller producers seeking to protect billions of dollars in investments in US solar manufacturing.

The group, the American Alliance for Solar Manufacturing Trade Committee, accused big Chinese solar panel makers with factories in Malaysia, Cambodia, Vietnam and Thailand of causing global prices to collapse by dumping products into the market.

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