US-China 2020 deal in spotlight again, submarine-launched drones: SCMP daily highlights

Published: 8:39pm, 22 Jan 2025Updated: 8:41pm, 22 Jan 2025

Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing.

1. Trump’s America first trade policy: US-China 2020 deal is again under scrutiny

US President Donald Trump and former Chinese vice-premier Liu He sign the phase-one trade deal at the White House in 2020. A review of the deal during Trump’s second term may put pressure on China to fulfil its missed requirements. Photo: Xinhua
US President Donald Trump and former Chinese vice-premier Liu He sign the phase-one trade deal at the White House in 2020. A review of the deal during Trump’s second term may put pressure on China to fulfil its missed requirements. Photo: Xinhua

The possibility of new tariffs on China, and even the cancellation of its preferential trade status with the US, will come under the microscope of President Donald Trump’s two-day-old “America first trade policy”, according to analysts who say the likelihood of such a review also raises the question of whether Beijing may have to fulfil the missed requirements of a trade deal reached with Washington in 2020.

2. EU tariffs failing to stop flood of Chinese electric vehicles, new trade data suggests

China’s electric vehicle shipments to the European Union defied the bloc’s newly imposed tariffs to report a surprise uptick in December, prompting market worries that Sino-European trade tensions could escalate further in 2025.

3. Greenland in cold glare of superpowers as US, China and Russia make moves

Illustration: La Ka-kuen
Illustration: La Ka-kuen

  

Read More

Leave a Reply