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Southeast Asian countries stand to gain -- or lose -- the most from Beijing and Washington's escalating trade tensions. Some have benefited more than others, but all are at risk of taking an economic hit.
For the first time since it instituted stricter controls on some exports to South Korea, Japan has approved a shipment of hydrogen fluoride, a critical component of semiconductor manufacturing, to South Korea, the Japan Times reported Aug. 30, citing South Korean Trade Ministry officials.
Japanese and South Korean foreign ministers did not make any progress toward easing growing trade tensions during an Aug. 1 meeting on the sidelines of the Association of Southeast Asian Nations (ASEAN) regional forum in Bangkok, The Japan News reported.
Taiwan is set to unveil its first blacklist of electronic devices the government deems a potential threat to national cybersecurity, with products by Chinese companies Huawei, ZTE, Lenovo and Hikvision likely to be included on the list, the Asia Times reported July 27.
The on again, off again initial public offering of Saudi Arabian Oil Co. (Saudi Aramco) appears to be back on track, according to a Bloomberg News report released July 2, which quoted sources saying that the company has been talking with investment banks to gauge their possible involvement in a future IPO.
Beijing has proven time and again that it will recruit anyone with access to the information it wants, regardless of ethnicity, location or motivation. Companies that assume otherwise do so at their own peril.