EU prepares for new trade era with China amid widening gap

The European Union is considering a fundamental change to its trade policy with China amid a widening trade deficit, rising dependence on strategic sectors and pressure from China’s state-sponsored production model on European industry. The EU's imports from China reached 559.4 billion euros ($695.3 billion) in 2025, while its exports totaled $231.5 billion, marking a record high trade deficit of $417 billion. China's dominance in global trade will be among the topics discussed at the EU leaders' summit in Brussels on Thursday and Friday.

China Is Pulling Up the Ladder Behind It

Shoutro Chatterjee is Assistant Professor of International Economics at the Johns Hopkins University School of Advanced International Studies. Arvind Subramanian is a Senior Fellow at the Peterson Institute for International Economics and served as Chief Economic Adviser to the Government of India from 2014 to 2018. He is a co-author of A Sixth of Humanity: Independent India’s Development Odyssey.

GAO faults State, USAID for poor oversight of $1.2 billion China counter-influence effort

$1.2 billion was spent by the State Department and USAID on programs to counter Chinese influence around the world. The Government Accountability Office found that the interagency working group overseeing the project failed to rely on key stakeholders or regional experts and didn't assess if the programs were effective. The program was cut off in February 2025 under the Trump administration's revamping of all foreign aid.

China’s US envoy calls for 10-fold rise in tariff-free trade under joint board

Last week, the US Department of Homeland Security announced a public comment process, calling for a change of direction on the scope and scale of the U.S. Scandalized the view of “many friends from American businesses” that the far-from-big enough is not enough.

More in Taiwan favour goodwill to Beijing over defence ties with US, poll shows

Taiwanese value showing goodwill to the mainland more than deepening cooperation with the United States. The Institute for National Defence and Security Research polled 1,127 Taiwanese residents from May 28 to 31. There are clear differences in views across party supporters, the survey shows.

Opinion | Hong Kong has a chance to think bigger about its place in the world

There is a shift in the architecture of global governance. UN agencies are moving out of New York and Geneva. Hong Kong has many legal and historical assets. It hosted 63 consulates-general and 50 honorary consulates and recognised eight international organisation offices with formal status.

PO, MOFA thanks G7 leaders for supporting cross-strait peace, stability

The G7 leaders reaffirmed the importance of a free and open Indo-Pacific based on the rule of law in their statement on geopolitical issues released following their meeting June 15-17 in Evian, France. The leaders also reaffirmed their opposition to unilateral attempts to change the status quo in the East and South China Seas and across the Taiwan Strait.

Alarm raised over China’s threat to older Americans through drug supply chains

China poses a threat to America's senior citizens through drug supply chains, financial scams and data privacy, a congressional hearing highlighted on Wednesday. The hearing covered several issues affecting ageing Americans, including China’s dominance in pharmaceutical ingredients and global drug supply. Rick Scott, a Republican senator from Florida, said China supplied 87 per cent of active pharmaceutical ingredients for US antibiotics.

Taiwan hopes US arms sale package can be approved soon, president says

Taiwan's president wants the United States to approve a $14bn arms sale as soon as possible. President William Lai Ching-te reiterates his desire for talks based on "parity and respect" with China. Taiwan's parliament only approved two-thirds of the $40bn defence budget Lai had proposed.

Hong Kong ranks No 2 in global competitiveness with best showing in 7 years

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