From supply chain competition between Beijing and Washington to domestic consumption picking up in China, here’s a round-up from today’s coverage
Supply chain competition between China and the United States is set to intensify over the next five years, with eight developing countries – including four in the Association of Southeast Asian Nations (Asean) – poised to benefit from the relocation of manufacturing from China, according to a recent study.
China’s economic data sent mixed signals in May, with US tariffs continuing to weigh on the country’s manufacturing and exports but domestic consumption picking up slightly in the run-up to a major online shopping festival.
The Chinese military carried out patrols in the South China Sea on Saturday, as the Philippines and Japan held a joint drill in the disputed waters.
