Deep Water Pavilia plans to launch at least 90 flats via tender
NWD general manager of business and marketing for special projects Cannas Ho, second from left and other representative. Singtao
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South China Morning Post
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Caught in the undertow of swirling power plays between China and the United States, Asia has become like a piece of driftwood battered by the pounding of opposing tides. With key tariff deadlines approaching in July, and in light of lingering trade tensions between the world's two biggest economies, many countries in the region are facing a delicate, pragmatic choice: bow to Washington's growing pressure to crack down on supply chains and enforcement – or preserve the economic ambiguity that underpins their deep ties with Beijing? Asian countries have entwined their supply chains, technology, markets and investment with Beijing – accounting for one-third of China's total trade volume, or US$1.89 trillion last year. Meanwhile, some of them may need security assurances from the US amid the growing Chinese influence in the region, analysts said. China remains the top trading partner for 18 countries across the region and has been the largest trading partner of the Association of Southeast Asian Nations (Asean) for 15 consecutive years. Meanwhile, economic asymmetry and military advantage have often translated into Beijing's leverage in market power while, for many in the region, Washington represents security, diversification and strategic rebalancing, with its military presence, investment and advanced technology, analysts said. That leaves many Asian economies walking a tightrope – benefiting from China's vast market while remaining wary of the risks of over-dependence. For much of Asia, maintaining ties with both while caught in between has become a survival strategy.
South China Morning Post
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Trump's top economic officials to meet with China counterparts in London next week
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South China Morning Post
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US hits Hong Kong and UAE firms with new round of Iran-related sanctions
The US has issued a new round of Iran-related sanctions targeting 10 individuals and 27 entities, including at least two companies it said were linked to Iran's national tanker company, the US Treasury Department said on Friday. Advertisement The sanctions, which target Iranian nationals and some entities in the United Arab Emirates and Hong Kong, were announced as US President Donald Trump's administration is working to get a new nuclear deal with Tehran. Treasury's Office of Foreign Assets Control added Ace Petrochem FZE, and Moderate General Trading LLC, both registered in the UAE, to its Specially Designated Nationals List, freezing any of their US assets. OFAC said they are both linked to the state-owned National Iranian Tanker Company which is under US sanctions for exporting oil. Talks between Iran and the US that aim to resolve a decades-long dispute over Tehran's nuclear ambitions have been stuck over disagreements about uranium enrichment. Advertisement Iran's mission to the United Nations in New York did not immediately respond to a request for comment.
