NEWS
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Global investors abandon China for India and Vietnam to reduce risk
GLOBAL capital flows are pivoting away from China in favour of other emerging Asian markets such as India and Vietnam, as investors seek alternatives with fewer economic and geopolitical risks, reports Tokyo's Nikkei Asia.For the first time since 2017, foreign investment inflows into Asian em...
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Transpacific rates up in double digits as carriers cut capacity
OCEAN carriers appear to be making rate gains by trimming vessel capacity on the transpacific, reports New York's FreightWaves.Spot rates have risen for three weeks, rising to levels last seen in early 2023 and late 2022, according to several indices.US import bookings remain above pre-Covid ...
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China ships drones to Russia's war effort: Nikkei Asia probe
A JAPANESE Nikkei Asia investigation says China is exporting dual-use drones explicitly for Russia's invasion of the Ukraine - despite Beijing denials, reports Hong Kong's Asia Times.Russian companies imported between December 2022 and April 2023 at least 37 Chinese drones worth US$103,00...
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