Latest news with #supplychains
Yahoo
3 days ago
- Business
- Yahoo
China, ASEAN and GCC Advance Cooperative Frameworks to Strengthen Regional Supply Chain Resilience
KUALA LUMPUR, Malaysia, May 29, 2025 /CNW/ -- China, the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) are ramping up efforts to enhance regional economic cooperation and stabilize industrial and supply chains. From the China-ASEAN Economic Forum to the ASEAN-China-GCC Economic Forum and the upcoming 3rd China International Supply Chain Expo (CISCE), these multilateral initiatives are injecting fresh momentum into the global economic recovery. On May 26, the ASEAN-China Economic Forum convened nearly 200 representatives from the public and private sectors. CCPIT Chairman Ren Hongbin stressed the importance of recent agreements between China and ASEAN, especially with Malaysia, to deepen cooperation through the Belt and Road Initiative (BRI) and the Regional Comprehensive Economic Partnership (RCEP). ASEAN representatives widely recognized the significant potential for China-ASEAN cooperation in technology innovation and industrial collaboration. Malaysia and other ASEAN countries expressed their intention to participate in the upcoming 3rd CISCE, working together to build an open, stable regional supply chain network. With 50 days remaining until its opening, the 3rd CISCE has attracted global attention as the world's first national-level supply chain expo. Previous editions generated over RMB 300 billion in commercial transactions, with this year's expo expected to draw hundreds of global companies. A newly established "Innovation Chain Zone" will feature high-value intellectual property and emerging technologies. Michael Hart, president of the American Chamber of Commerce in China, recently urged U.S. companies to take part, underscoring CISCE's unique value in a fragmented global trade landscape. Chairman Ren described the expo as "an oasis of cooperation in an uncertain world," designed to connect global businesses through integrated, sector-specific solutions. The 2025 edition will retain its six principal focus areas while introducing new models to support global supply chain resilience. The first ASEAN-China-GCC Economic Forum, held from May 27 to 28 in Kuala Lumpur, advanced regional collaboration. Ren led a delegation of over 30 executives from China's energy, artificial intelligence, and infrastructure sectors, holding talks with ASEAN and GCC officials, resulting in multiple cross-border cooperation memoranda of understanding. From low-carbon ice cream to pioneering compressed air energy storage technology, CISCE has established itself as a global launchpad for commercial innovations. At a time of growing trade protectionism, CISCE stands out as a venue for transparent, rules-based cooperation, and is positioned to play a key role in reshaping interregional supply chain dynamics. View original content to download multimedia: SOURCE China International Supply Chain Expo View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Times
3 days ago
- Business
- New York Times
How China Uses Work to Reshape Uyghur Identity and Control a Strategic Region
The Uyghurs arrive in Chinese factory towns by train and plane, often in groups wearing matching caps or jackets. They are sent by the government to work where they are needed, whether it is molding rubber slippers, assembling automotive wiring or sorting chicken carcasses. A joint investigation by The New York Times, The Bureau of Investigative Journalism and Der Spiegel has revealed that Uyghurs are being sent out of their homeland, Xinjiang, on government work programs, more widely than previously documented. We found that workers are now involved in making a variety of goods for many well-known brands in factories across the country, presenting a challenge to international regulators looking to identify and purge forced labor from supply chains. Uyghur workers were traced to more than 70 factories in at least five major industries. MOnGOLIA Liaoning Xinjiang Tianjin Factories Shandong CHINA Jiangsu Anhui Hubei NEPAL Chongqing Hunan Jiangxi Fujian INDIA Guangdong MYANMAR MOnGOLIA Factories Xinjiang CHINA NEPAL INDIA MOnGOLIA Liaoning Xinjiang Tianjin Factories Shandong CHINA Jiangsu Anhui Hubei NEPAL Chongqing Hunan Jiangxi Fujian INDIA Guangdong MYANMAR MOnGOLIA Liaoning Xinjiang Tianjin Factories Shandong CHINA Jiangsu Anhui Hubei NEPAL Chongqing Hunan Jiangxi Fujian INDIA Guangdong MYANMAR Source: The LandScan Program, Oak Ridge National Laboratory (ORNL); Satellite Imagery by Esri; OpenStreetMap (OSM); Landsat Graphic by Pablo Robles Experts estimate that tens of thousands of Uyghurs have been transferred under these programs. While the precise conditions faced by these workers remain unclear, United Nations labor experts, academics and human rights advocates assert that the programs are coercive in nature. 'For these Uyghurs being forced and dragged out of their homes to go to work, it's hell,' said Rahima Mahmut, a Uyghur activist in exile and executive director of Stop Uyghur Genocide, a British-based rights group. A poultry processing plant in Dalian, Liaoning A poultry processing plant in Suizhou, Hubei 'Warmly send off Hotan migrant workers to transfer and work in the Chinese interior' 'Warmly send off Hotan migrant workers to transfer and work in the Chinese interior' 'Warmly send off Hotan migrant workers to transfer and work in the Chinese interiord' A sendoff ceremony for a group of migrant workers from the city of Hotan in Xinjiang in 2020. Source: Want all of The Times? Subscribe.
Bloomberg
6 days ago
- Business
- Bloomberg
Asean Must Keep Joining Global Supply Chains, Thailand Says
By Updated on Supply Lines is a daily newsletter that tracks global trade. . Southeast Asian nations should look at ways to further integrate their supply chains regionally and around the world to reap the benefits of economies of scale and gain access to larger markets, Thailand's foreign minister said.
Malay Mail
6 days ago
- Business
- Malay Mail
China to counter trade tensions with fresh policies and broader cooperation, Li Qiang says ahead of Asean Summit
BEIJING, May 26 — China is weighing new policy tools in the face of an international economic and trade order that is 'under severe impact', Chinese Premier Li Qiang told a symposium with Chinese firms in Jakarta over the weekend. 'The fragmentation of industrial and supply chains has deepened, and trade barriers have increased, which has had a great impact on the economic development of all countries,' state news agency Xinhua reported on Sunday, citing Li. China is studying new policy tools, including some 'unconventional measures', which will be launched as the situation changes, the Chinese premier said. Li also said China will continue strengthening economic cooperation with more countries to support the overseas business development of Chinese enterprises.
Reuters
6 days ago
- Business
- Reuters
China mulling new economic policy tools, Premier Li says
BEIJING, May 26 (Reuters) - China is weighing new policy tools in the face of an international economic and trade order that is "under severe impact", Chinese Premier Li Qiang told a symposium with Chinese firms in Jakarta over the weekend. "The fragmentation of industrial and supply chains has deepened, and trade barriers have increased, which has had a great impact on the economic development of all countries," state news agency Xinhua reported on Sunday, citing Li. China is studying new policy tools, including some "unconventional measures", which will be launched as the situation changes, the Chinese premier said. Li also said China will continue strengthening economic cooperation with more countries to support the overseas business development of Chinese enterprises. Huawei, SAIC Motor and New Hope Group were among the Chinese companies at the symposium. Li is on a three-day visit to Indonesia until Monday and will then travel to Malaysia for the ASEAN-GCC-China Summit.
