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Aly Song | ReutersBEIJING — China's customs agency released data Thursday that showed exports rose in-line with expectations in April, while imports surged ahead of forecasts. Worldwide, China's exports rose by 1.5% year-on-year in April in U.S. dollar terms, while imports climbed by 8.4%, the data showed. China's exports to ASEAN rose by 8% in April from a year ago, while imports rose by 5%. In April, China's imports and exports of integrated circuits rose from a year ago, the data showed. By volume, China's exports of cars, LCD panel displays and home appliances rose, while exports of cellphones fell slightly.
Persons: Aly Song Organizations: Reuters, CNBC, U.S, Association of Southeast, ASEAN Locations: Yangshan, Shanghai, China, Reuters BEIJING, U.S, Union, Russia, Nations, Vietnam, Mexico
The top US diplomat landed in Shanghai where he is expected to meet local officials and business leaders, and he will then travel to Beijing for meetings with senior Chinese officials. “We are in a different place than we were a year ago when the bilateral relationship was at an historic low point,” a senior State Department official said. “Russia is no longer kind of on its back foot,” a second senior State Department official said. Blinken will make the case that China should weigh in “more directly” with Iran to be less provocative in the region, the second senior State Department official said. “In both cases the Chinese have taken some early steps,” said the second senior State Department official, adding that there is still “much more” that needs to be done on both fronts.
Persons: Antony Blinken, Joe Biden, Xi Jinping, Janet Yellen, Biden, Xi, , , ” Blinken, Matthew Miller, Leah Millis, China’s, ” Xi, Blinken, ” Miller, it’s, Mark Swidan, Kai Li, David Lin Organizations: CNN, State Department, Ukraine, US, Foreign Ministry, of, People, Biden, Chinese Foreign Ministry, ASEAN, Association of Southeast Asian Nations, Beijing, Party, Taiwan, Communist, Taiwan Relations, White Locations: China, Ukraine, Shanghai, Beijing, California, Russia, Moscow, Italy, “ Russia, , Europe, United States, South China, Philippine, Washington, Philippines, South, Taiwan, Taiwan Strait, East, Iran
This is the first time Beijing has edged past Washington since 2020 when the annual survey first posed the question. China's aggressive behavior in the South China Sea is the Philippines' (90.2%) and Vietnam's (72.5%) top concern, the region's two frontline South China Sea claimant states. The Philippines President Ferdinand Marcos Jr. told Bloomberg last month that his government's claims on certain parts of the South China sea should not be viewed as provoking China. Vietnam has also asserted sovereignty over islands in the South China Sea though Beijing has brushed aside those claims. ASEAN should build up its resilience and unity to fend off pressures from the two major powers, the U.S. and China, nearly half of the survey respondents said.
Persons: ISEAS – Yusof, Ferdinand Marcos Jr, Kenddrick Chan Organizations: ASEAN Studies, Jan, Association of Southeast Asian Nations, ASEAN, China, Bloomberg, Philippines, U.S, LSE, London School of Economics, Political Science Locations: China, U.S, Washington, Beijing, Singapore, ISEAS, Indonesia . China, Japan, South China, Philippines, Vietnam, Southeast Asia
With China aggressively asserting its claims on the South China Sea, President Ferdinand R. Marcos Jr. of the Philippines spent his first year on the job beefing up Manila’s alliance with its oldest ally, the United States. Mr. Marcos is adding a new intensity to his muscular foreign policy at a critical moment in his country’s territorial dispute with Beijing. In January, Mr. Marcos and the leaders of Vietnam, another country fighting off Chinese claims to the crucial waterway, pledged closer cooperation between their coast guards. This month, Mr. Marcos clinched a maritime cooperation deal with Australia. “It has to be recognized that the South China Sea handles 60 percent of the trade of the entire world.
Persons: Ferdinand R, Marcos Jr, Marcos, it’s, Mr Organizations: Maritime, Australia, South China, ASEAN, Association of Southeast Asian Nations Locations: China, Philippines, United States, Beijing, Vietnam, Europe, South, Berlin
CNN —When Philippine President Ferdinand Marcos Jr. addressed the Australian Parliament last week there was no mistaking the fighting talk. The Philippines accused China's coast guard of setting up the barrier at the mouth of the disputed fishing ground. That meeting will also be attended by several other nations with territorial disagreements with China – including Vietnam, Brunei and Malaysia. Collin Koh, research fellow at the S. Rajaratnam School of International Studies in Singapore, said Australia was unlikely to back any tough language at the summit pertaining to the South China Sea or any other hot-button issue. As Bisley put it, “We don’t like what China does, but we’re not going to put ourselves in harm’s way.”
Persons: Ferdinand Marcos Jr, , Marcos, Rodrigo Duterte, , Thomas Shoal, David, China’s, Marcos ’, China –, Scott Morrison, Collin Koh, Penny Wong annouced, Anthony Albanese, Albanese, Lukas Coch, Susannah Patton, it’s, ” Patton, China’s aggressions, Wang Wenbin, Nick Bisley, Bisley, we’re Organizations: CNN, Maxar, Association of Southeast Asian Nations, ASEAN, China, Rajaratnam, of International Studies, Australia, Australian, Partners, Reuters, South China, Southeast Asia, Lowy Institute, China’s Ministry of Foreign Affairs, La Trobe University Locations: Philippines, China, South China, Manila, China’s, Philippine, Scarborough, Scarborough Shoal, Hague, United States, Canberra, Australia, Melbourne, Vietnam, Brunei, Malaysia, Beijing, Singapore, South, Penny Wong annouced Canberra, Southeast Asia, Japan, India
UNITED NATIONS (AP) — Nine members of the United Nations Security Council condemned “indiscriminate” airstrikes by Myanmar's military against civilians before an envoy briefed the council Monday as part of regional efforts to implement a peace plan that has so far been largely ineffective. Before the council meeting, nine of the 15 council members stood before reporters to support a statement read by Britain’s U.N. The United States pushed for an enforceable Security Council resolution to prevent Myanmar from getting jet fuel, the council diplomat said. According to the council diplomat, China, which has close ties to Myanmar, emphasized the need to give ASEAN's efforts time and space. Russia, which also has links to Myanmar, reiterated that the council shouldn’t be interfering in the country’s internal affairs.
Persons: Alounkeo Kittikhoun, , Kittikhoun, Britain’s U.N, Barbara Woodward, Myanmar’s, Aung, Suu Kyi, United States —, Saleumxay Kommasith, Win Myint, U.N, Kyaw Moe Tun, Suu Kyi’s Organizations: UNITED NATIONS, United Nations Security Council, Association of Southeast Asian Nations, ASEAN, Lao, Arakan Army, Bangladesh, Myanmar’s Border Guard Police, Democratic, Amnesty Locations: Myanmar, ASEAN, Laos, Suu, China, Ecuador, France, Japan, Malta, South Korea, Slovenia, Switzerland, United Kingdom, United States, Thailand, Rakhine, Bangladesh, Arakan, U.S, Union, Vietnam, Russia
Factbox-Policy Pledges of Indonesia's Presidential Candidates
  + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +5 min
(Reuters) - Three candidates are running in Indonesia's presidential election on Feb. 14. The following is a summary of policy objectives they have pledged while campaigning. ANIES BASWEDAN- Target 5.5%-6.5% average annual economic growth from 2025-2029- Create 15 million jobs, including 'green' jobs- Raise the tax-to-GDP ratio from 10.4% in 2022 to 13%-16% by 2029- Target annual inflation of 2%-3% from 2025-2029- Offer incentives for renewable energy projects- Impose a carbon tax with proceeds to be used as an endowment fund to finance development of renewable energy- Increase the 'village fund' to 5 billion rupiah ($317,965) for each village, from the current 1 billion rupiah. - Widen access to global markets for palm oil farmers- Strengthen free trade agreements and Indonesia's role in international financial institutions- Minimise imports of staple foods- Create 2 million new affordable housing units, including for informal workers, youth- Expedite forest conservation and rehabilitation projects- Limit new construction of, and retire existing coal-fired power plants, especially in Java, Bali islands- Review debt of state-owned enterprises, continue debt restructuring programme- Revise Jobs Creation Law with goal to ensure fair wages for workers- Evaluate the $32 billion new capital city project- Evaluate food estate programme, replacing it with contract farming, a scheme to ensure farm products will be sold- Impose a wealth tax on Indonesia's 100 richest people- Audit the nickel industry with focus on its impact on the environment and ensuring welfare of domestic workers- Strengthen the anti-corruption agency by revising the law that regulates it- Ease permitting requirements for building places of worshipGANJAR PRANOWO- Continue programmes of outgoing President Joko Widodo's administration- Target average annual economic growth of 7%- Create 17 million new jobs- Expedite construction of new capital city- Increase the defence budget as a percentage of gross domestic product (GDP) to between 1%-2%, from about 0.8% presently. Modernise military hardware- Target 30% share for renewable sources in energy mix by 2029- Allow more renewable energy producers to use electricity grids of state utility firms to boost green energy adoption- Set up a dedicated ministry for the palm oil sector- Maintain moratorium on deforestation, accelerate reforestation programmes- Create digital tax collection system under the new tax agency separated from finance ministry- Limit permit issuance of new nickel smelter to avoid a further oversupply- Expand social welfare to cover 15 million families, up from 10 million currently- Provide funding to ensure at least one member of a poor family receives education until college- Strengthen national anti-corruption agency- Maintain foreign policy of non-alignment- Strengthen Indonesia's commitment to support fight of Palestinian people- Revitalise the Association of Southeast Asian Nations and its decision-making process, especially regarding South China Sea disputes.
Persons: ANIES, GANJAR, Joko Widodo's, PRABOWO, Joko, Stanley Widianto, Ananda Teresia, Stefanno Sulaiman, Bernadette Christina Munthe, Martin Petty Organizations: Reuters, Association of Southeast Asian Nations Locations: Java, Bali, South
Close up of woman's hand touching illuminated and multi-coloured LED display screen, connecting to the future. People, lifestyle and technologyThe Association of Southeast Asian Nations on Friday published a framework for artificial intelligence governance, but experts say member states being at "different stages of digital development" could pose a challenge. "The guide seeks to establish common principles for trustworthy AI and suggest best practices for how to implement trustworthy AI in ASEAN," said Singapore's Ministry of Communications and Information. Singapore is hosting the 4th ASEAN Digital Ministers' Meeting from Feb. 1-2 to discuss emerging digital issues including AI and cyber scams. Kristina Fong, lead researcher for economic affairs at ASEAN Studies Centre, said "the light-touch, flexible approach" to managing AI risks with the guide is a "reflection of the challenges posed by the development gaps between ASEAN member states."
Persons: Kristina Fong, Fong Organizations: of Southeast Asian Nations, ASEAN, Singapore's Ministry of Communications, Information, ASEAN Digital Ministers, ASEAN Studies Centre Locations: Singapore
(Reuters) - Southeast Asian foreign ministers on Monday pressed for an end to Myanmar's bloody crisis and expressed unity in their backing for an ASEAN peace plan and a "Myanmar-owned and led solution" to the conflict. The ministers of the Association of Southeast Asian Nations (ASEAN) were attending a retreat in Luang Prabang in Laos, which is chair this year of the 10-member bloc. In a statement, they also called for a cessation of hostilities in Myanmar to allow delivery of humanitarian aid, and concerning the South China Sea, urged a conducive environment for the furthering of talks towards a code of conduct between ASEAN and China. (Reporting by Martin Petty, editing by Ed Osmond)
Persons: Martin Petty, Ed Osmond Organizations: Reuters, ASEAN, Association of Southeast Asian Nations Locations: Myanmar, Luang Prabang, Laos, China
Aly Song | ReutersBEIJING — China's annual exports fell for the first time in seven years in 2023, even as shipments in December beat expectations, customs data showed Friday. But for 2023, exports fell 4.6%, the first such annual drop since a 7.7% decline in 2016, according to Wind Information. By country, the U.S. remained China's largest trading partner. Russia was a rare bright spot, with China's exports to the country climbing nearly 47% in 2023, and imports rising almost 13%. China's exports in most product categories fell in 2023, with machinery, boats and home appliances among the few exceptions.
Persons: Aly Song, Caixin, Larry Hu, Zhiwei Zhang Organizations: Reuters, Information, of Southeast, Nations, European Union, U.S ., China, National Bureau, Statistics Locations: Yangshan, Shanghai, China, Reuters BEIJING, U.S, Russia
JAKARTA (Reuters) - Indonesia said on Friday it had hosted a meeting of some of the key stakeholders in the conflict in military-ruled Myanmar at which each gave a "positive indication" about holding inclusive dialogue soon. As outgoing chair of the Association of Southeast Asian Nations (ASEAN), Indonesia is pushing for dialogue between rival camps in a bloody crisis triggered by the military's coup against Myanmar's elected government in 2021. The objective of the meeting, Indonesia said, was to enable inclusive talks, reduce violence, and support humanitarian efforts, in line with a "five-point consensus" agreed to by Myanmar's military soon after the coup. "Upon receiving the respective messages, stakeholders indicated positive indication on the possibility of convening dialogues in an inclusive and genuine manner soon." Indonesia has been quietly engaging various parties but has said progress has been impaired by some insisting on preconditions for talks.
Persons: Myanmar's, Stanley Widianto, Martin Petty, William Maclean Organizations: National Unity Government, Association of Southeast Asian Nations, ASEAN, United Nations Locations: JAKARTA, Indonesia, Myanmar, Jakarta, ASEAN
Philippines' Marcos says Myanmar a difficult problem for ASEAN
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +2 min
Speaking at a forum in Hawaii streamed live in the Philippines on Monday, Marcos said there was commitment from the Association of Southeast Asian Nations (ASEAN), but the issue was complex, including the humanitarian impact. "There is a great deal of impetus for ASEAN to solve this problem. But it is a very, very difficult problem," Marcos said. The Philippines will chair ASEAN in 2026 after it replaced Myanmar as host that year. Marcos, citing analyses of the recent escalation, said the junta had already lost support from its own military.
Persons: Ferdinand Marcos, Jr, Vivian Balakrishnan, Sarun Charoensuwan, Pham Minh Chinh, Antonio Guterres, Joko Widodo, Marcos, upending, Mikhail Flores, Karen Lema, Neil Jerome Morales, Martin Petty Organizations: Singapore's, Vietnam's, UN, Southeast, ASEAN, Association of Southeast Asian Nations, United Nations, Thomson Locations: Philippines, Laos, MANILA, Myanmar, Hawaii
All three candidates vying to win the Feb. 14 election in Southeast Asia's largest economy have said they will prioritise cleaning up the power sector to reduce greenhouse gas emissions. To do that, Defence Minister Prabowo Subianto and former provincial governor Ganjar Pranowo, running neck-and-neck in recent surveys, would consider ending state-run Perusahaan Listrik Negara's (PLN) monopoly in order to allow renewable power producers to sell directly to customers. Former Jakarta governor Anies Baswedan, trailing in opinion polls, has called for improved leadership for the power sector but has not proposed breaking up PLN's monopoly. Proponents argue that opening the sector would accelerate adoption of renewables, as independent power producers will be incentivised to offer green power to companies pledging carbon neutrality. Agam, from the climate consultancy, said delaying renewable power to companies could mean lost investment.
Persons: Prabowo Subianto, Dita Alangkara, Ganjar Pranowo, Anies Baswedan, Agam Subarkah, Alexander Sonny Keraf, PLN, Prabowo, Eddy Soeparno, Soeparno, Gayatri Suroyo, Ananda Teresia, Stefanno Sulaiman, Stanley Widianto, Tony Munroe, Miral Organizations: Indonesia's Defense, Association of Southeast Asian Nations, ASEAN, REUTERS Acquire, Rights, Reuters, Defence, Former Jakarta, Cendekia, POWER WHEELING Ganjar, Thomson Locations: Jakarta, Indonesia, Rights JAKARTA, Southeast Asia's
Nov 15 (Reuters) - Defence ministers in ASEAN called for an immediate ceasefire in Gaza and a durable solution to the crisis in Myanmar during the opening of a regional meeting in Jakarta on Wednesday. Defence ministers from the Asian bloc are attending the 2-day meeting alongside key players in the Indo-Pacific as major powers jostle for regional influence, and as conflicts deepen from Myanmar to the Middle East. All ASEAN defence ministers, with the exception of Myanmar's, attended Wednesday's forum, with U.S. Defence Secretary Lloyd Austin to meet counterparts later in the day. The talks will expand on Thursday to include Russia, China, Japan, South Korea, India, New Zealand and Australia. The country removed its defence minister in October, raising questions about the stability of the leadership around President Xi Jinping.
Persons: Prabowo Subianto, Joko Widodo, Joe Biden, Haji Mohamad bin Haji Hasan, Prabowo, Myanmar's, Lloyd Austin, Jing Jianfeng, Xi Jinping, Austin, Aaron Connelly, Thomas Shoal, Connelly, Stanley Widianto, Ananda Teresia, Kanupriya Kapoor, Martin Petty, Kate Lamb, Gerry Doyle Organizations: Defence, ASEAN, Wednesday, Indonesian Defence, Hamas, Association of Southeast Asian Nations, Japan, U.S . Defence, Air, Joint Staff Department, China's, Military Commission, International Institute for Strategic Studies, Thomson Locations: Gaza, Myanmar, Jakarta, Washington, Malaysian, Malaysia, East, Ukraine, South China, China, Philippines, Russia, Japan, South Korea, India, New Zealand, Australia, Beijing, Indonesia, North Korea, Pyongyang, Singapore, U.S, Israel
Even so, finding ways to “get back on a normal course” — in the words of Biden — matters hugely to the global economy. He also pointed to some American companies leaving China altogether, such as asset management giant Vanguard. In the third quarter, a measure of foreign direct investment into China turned negative for the first time in 25 years. The country is by far the world’s biggest gallium producer, and a leading global producer of germanium, according to the US Geological Survey. Listed American companies with big business in China, such as Apple (AAPL) and Tesla (TSLA), may face higher scrutiny, too.
Persons: Joe Biden, Xi Jinping, , Biden, , Scott Kennedy, Chenggang Xu, California Justin Sullivan, Xu, Gina Raimondo, Adam Glanzman, Zongyuan Zoe Liu, Donald Trump, Liu, Organizations: Hong Kong CNN —, Economic Cooperation, CNN, Center for Strategic, International Studies, Stanford Center, China’s, Shipping, Port, Association of Southeast Asian Nations, European Union, American Chamber of Commerce, Vanguard, Companies, US, Nvidia, Semiconductor Industry Association, Bloomberg, Getty, Geological Survey, Council, Foreign Relations, Communist Party of China Finances, Capital, Apple, Chinese Communist Party, China Economic, Security, Commission, Biden, CFR Locations: China, Hong Kong, San Francisco, Asia, United States, Mexico, Canada, Port of Oakland, California, Shanghai, Ukraine, Moscow, Washington, Beijing, American, New York, US, Japan, Netherlands, Sequoia
NEW DELHI (AP) — Top diplomats and defense chiefs from India and the United States met Friday focusing on security issues involving the Indo-Pacific, China and the Israel-Hamas war. U.S. Secretary of State Antony Blinken said the U.S. and India have a strong partnership and would discuss matters with implications for the future. He also said that the United States and India are bolstering their partnership in international peace and strengthening a rule-based order. Political Cartoons View All 1239 ImagesBlinken also said defense cooperation was a key pillar in ties between the countries. India and the U.S. have held the two-plus-two talks between India’s external affairs and defense minister and the U.S. secretaries of state and defense since 2018 to discuss issues of concern and strengthen bilateral ties.
Persons: Antony Blinken, , Blinken, Subrahmanyam Jaishankar, Uday Bhaskar, Defense Lloyd Austin, Rajnath Singh, Narendra Modi’s Organizations: DELHI, , U.S, Association of Southeast, Nations, Defense, Indian Locations: India, United, Pacific, China, Israel, U.S, Asia, Japan, Australia, United States, Palestine, Gaza, Ukraine, Philippines, South China, Ladakh, Arunachal Pradesh, Washington
BEIJING — China reported a worse-than-expected drop in exports in October, while imports surprisingly rose for the month from a year ago. China's customs agency said exports in U.S. dollar terms fell by 6.4% in October from a year ago. Imports rose by 3% in U.S. dollar terms in October from a year ago. However, China's imports from the U.S. were down by 3.7% in October versus the year ago period, CNBC calculations of customs data showed. China's imports from the European Union rose by more than 5%, while those from the Association of Southeast Asian Nations grew by 10.2%, the analysis showed.
Organizations: Reuters, European, Association of Southeast Asian Nations Locations: Shenzhen, Guangdong province, China, BEIJING — China, U.S
BEIJING, Oct 30 (Reuters) - Russian Defence Minister Sergei Shoigu said the West wants to expand the conflict in the Ukraine to the Asia-Pacific region, Russian state media reported, citing comments made at a Beijing defence forum on Monday. Shoigu said NATO countries were promoting an arms race in the region, increasing their military presence and the frequency and scale of military drills there. U.S. forces will use information exchanges with Tokyo and Seoul on missile launches to deter Russia and China, Shoigu said. "We are only seeking to restore parity with the United States, who have not ratified this treaty," Russia's RIA news agency quoted Shoigu as saying. Shoigu said that Moscow was ready for talks on the post-conflict settlement of the Ukraine crisis on further 'co-existence' with the West, but that Western countries needed to stop seeking Russia's strategic defeat.
Persons: Sergei Shoigu, Shoigu, Russia's, Lidia Kelly, Liz Lee, Laurie Chen, Olzhas, Christopher Cushing, Gerry Doyle Organizations: Russian Defence, Xiangshan, NATO, Russia's TASS, Association of Southeast Asian Nations, ASEAN, United Nations Security, Thomson Locations: BEIJING, Ukraine, Asia, Pacific, Beijing, U.S, Tokyo, Seoul, Russia, China, United States, Moscow, Sydney, Almaty
Saudi state news agency SPA showed footage of Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, receiving UAE President Mohammed bin Zayed Al Nahyan at Riyadh's airport. Public meetings between the crown prince and Sheikh Mohammed have been rare in recent years as the close allies competed for investment and regional influence. Sheikh Mohammed attended a summit between the Gulf Cooperation Council (GCC) and the Association of Southeast Asian Nations (ASEAN) in Riyadh on Friday, Saudi and UAE state media said. Last year, Prince Mohammed and Sheikh Mohammed met when Prince Mohammed visited Abu Dhabi to offer his condolences on the death of Sheikh Khalifa, the UAE's previous president. Sheikh Mohammed also visited Jeddah last year, and the two leaders met on the sidelines of the G20 summit in November.
Persons: Prince Mohamed bin Salman bin Abdulaziz, Crown Prince, Sheikh Mohamed bin Zayed Al Nahyan, Prince Mohammed bin Salman, Mohammed bin Zayed Al Nahyan, Sheikh Mohammed, Prince Mohammed, Abu, Sheikh Khalifa, Aziz El Yaakoubi, Kirsten Donovan Organizations: Defence, United Arab Emirates, Gulf Cooperation Council, Association of Southeast Asian Nations, ASEAN, GCC, Thomson Locations: RIYADH, SAUDI ARABIA, Saudi Arabia, Saudi, Israel, East, Riyadh's, Riyadh, UAE, Iran, Gaza, Abu Dhabi, Jeddah
Chinese President Xi Jinping attends a ceremony to welcome participants of the Belt and Road Forum in Beijing, China, October 17, 2023. Sputnik/Sergei Savostyanov/Pool via REUTERS/File Photo Acquire Licensing RightsBEIJING, Oct 17 (Reuters) - China is willing to expand and strengthen cooperation with Indonesia in emerging industries such as the digital economy, photovoltaics and new energy vehicles, President Xi Jinping said on Tuesday. In October, Widodo inaugurated a $7.3 billion high-speed railway connecting the country's capital with the city of Bandung. Widodo said Indonesia regards China as an important strategic partner in national economic development and construction, and "looks forward to further strengthening communication and cooperation with China," state media reported. Reporting by Ethan Wang and Bernard Orr; editing by Christina Fincher and Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Persons: Xi Jinping, Sergei Savostyanov, Xi, Joko Widodo, Widodo, Ethan Wang, Bernard Orr, Christina Fincher, Chizu Organizations: Forum, Sputnik, Rights, China Central Television, Initiative, of Southeast Asian Nations, Thomson Locations: Beijing, China, Rights BEIJING, Indonesia, Bandung
China's exports and imports drop again in September
  + stars: | 2023-10-13 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +3 min
In U.S.-dollar terms, exports fell by 6.2% last month from a year ago. China's exports have fallen on a year-on-year basis every month this year starting in May. The last positive print for imports on a year-on-year basis was in September last year. For the first three quarters of the year, China's exports to the U.S. fell by 16.4%, while imports dropped by 6% during that time. The volume of China's cosmetics imports fell by 14.2% in the first three quarters compared to a year ago.
Organizations: Future Publishing, Getty, Imports, Reuters, European Union, CNBC, Association of Southeast, Nations, EU, U.S, Monetary Fund, Initiative Locations: Qingdao, Shandong province, BEIJING, China, U.S, Russia, Europe, Southeast Asia
KUALA LUMPUR, Oct 7 (Reuters) - Southeast Asian countries have agreed to prioritise helping each other overcome rice supply shortages and other food-related problems, Malaysia state news agency Bernama reported, citing the agricultural minister. The Association of Southeast Asian Nations (ASEAN) reached the agreement at a meeting in Kuala Lumpur this week, Agriculture and Food Security Minister Mohamad Sabu said on Friday, according to the agency. "ASEAN collaboration means if we face rice issues, ASEAN member countries will give priority to ASEAN nations first," he said. Malaysia, which imports about 38% of its rice needs, is among several countries affected by top exporters like India restricting shipments. Prime Minister Anwar Ibrahim warned of legal action against anyone found hoarding rice, to prevent consumers from stockpiling local grains.
Persons: Bernama, Mohamad Sabu, Mohamad, Anwar Ibrahim, Danial Azhar, William Mallard Organizations: The Association of Southeast Asian Nations, ASEAN, Food Security, Monday, Thomson Locations: KUALA LUMPUR, Malaysia, Kuala Lumpur, Agriculture, ASEAN, Vietnam, Cambodia, Thailand, India
No haze has been detected heading for Malaysia, however, Environment Minister Siti Nurbaya said, a day after it urged Indonesia and fellow Southeast Asian nations to take action against worsening air quality. "We are already working to prevent and extinguish fires, but not based on Malaysia's request," the minister told Reuters. Indonesia is using helicopters to quench the fires with water bombing while inducing rain with cloud seeding methods, Siti Nurbaya said. In 2015 and 2019, such fires burned millions of hectares of land in Indonesia and sent haze billowing across several Southeast Asian countries, generating record-breaking emissions, scientists have said. Southeast Asian agriculture and forestry officials agreed on Friday to take action to minimise, and eventually stamp out, crop burning.
Persons: Antara, Haze, Siti Nurbaya, Nik Nazmi Nik Ahmad, Lax, Rozanna Latiff, Danial, Kanupriya Kapoor, Clarence Fernandez Organizations: ASEAN, Reuters, Malaysian, Association of Southeast Asian Nations, Thomson Locations: Palembang, South Sumatra, Indonesia, ASEAN Indonesia, JAKARTA, cloudseeding, Malaysia, Sumatra, Borneo, Singapore, Malaysian, Danial Azhar, Kuala Lumpur
What's causing the chronic haze across Southeast Asia?
  + stars: | 2023-10-06 | by ( ) www.reuters.com   time to read: +4 min
Despite pleas by Malaysia this week not to "normalise" the haze, Indonesia has flatly denied any responsibility. Global consumption of palm oil, used in a wide range of products such as cookies, candles and as a cooking oil, is growing rapidly. Palm oil is the world's most used edible oil, accounting for 60% of global vegetable oil exports. For Indonesia, the world's biggest palm oil producer, the product is one of the biggest export earners after coal. Export earnings from palm oil and its derivatives stood at $39.28 billion in 2022, according to the Indonesian Palm Oil Association.
Persons: Siti Nurbaya Bakar, Ananda Teresia, Kate Lamb, Bernadette Christina, Naveen Thukral Organizations: of Southeast Asian Nations, Control, ACC, El, Greenpeace, Indonesian Palm Oil Association, Thomson Locations: JAKARTA, Southeast Asia, Indonesian, WHAT'S, Malaysia, Indonesia, Borneo, Singapore, Greenpeace Indonesia
Despite pleas by Malaysia this week not to "normalise" the haze, Indonesia has flatly denied any responsibility. Global consumption of palm oil, used in a wide range of products such as cookies, candles and as a cooking oil, is growing rapidly. Palm oil is the world's most used edible oil, accounting for 60% of global vegetable oil exports. For Indonesia, the world's biggest palm oil producer, the product is one of the biggest export earners after coal. Export earnings from palm oil and its derivatives stood at $39.28 billion in 2022, according to the Indonesian Palm Oil Association.
Persons: Siti Nurbaya Bakar, Ananda Teresia, Kate Lamb, Bernadette Christina, Naveen Thukral Organizations: of Southeast Asian Nations, Control, ACC, El, Greenpeace, Indonesian Palm Oil Association, Thomson Locations: JAKARTA, Southeast Asia, Indonesian, WHAT'S, Malaysia, Indonesia, Borneo, Singapore, Greenpeace Indonesia
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