Pak Yiu

New York

US News Editor at Nikkei Asia

Editor at @nikkeiasia covering U.S.-Asia cross politics and business 📨 [email protected] / DM for Signal

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Articles

LG Energy acquires GM's Michigan EV battery plant for $2bn

6 days ago | asia.nikkei.com | Pak Yiu

NEW YORK -- LG Energy Solution has fully acquired General Motor's stake in a cell manufacturing plant in Lansing, Michigan, the South Korean battery maker announced Thursday. The 3 trillion won ($2.1 billion) acquisition of Ultium Cells Lansing facility was aimed at maximizing efficiency and enhancing production capabilities in North America, LG Energy Solution said in a statement.
Chicken feet to fish heads: China's tariffs threaten US variety meat

1 week ago | asia.nikkei.com | Pak Yiu

NEW YORK -- American farmers have been put in a difficult spot as they struggle to adapt to China's massive new tariffs by shifting exports elsewhere. But alternative destinations will not be easily found for certain items prized in the Chinese market, such as chicken feet and fish heads. Products from poultry, pig and cattle farms make up America's top 10 agricultural shipments to China, which in April imposed retaliatory 125% tariffs on goods from the U.S.
Demise of 'de minimis' sparks China-to-US airfreight cancellations

1 week ago | asia.nikkei.com | Pak Yiu

NEW YORK -- Airfreight groups and airlines have begun canceling flights from China to the U.S., expecting business to drop off with the end of the American "de minimis" exemption that gave duty-free treatment to low-value parcel shipments from mainland China and Hong Kong.
Still open to China Inc.: North Carolina engages while others turn away

2 weeks ago | asia.nikkei.com | Pak Yiu

NEW YORK -- Chinese companies maintain robust plans to invest in new U.S. facilities despite tariff uncertainties emanating from Washington and tighter scrutiny of their investments by many states, but one place that still opens its doors for these businesses is North Carolina. Many U.S. state governments, including Texas, have unfriendly policies toward China and have steered clear of trade missions with Beijing.
US to set tariffs on solar cells from Southeast Asia as high as 3,521%

3 weeks ago | asia.nikkei.com | Pak Yiu

NEW YORK -- Tariffs as high as 3,521% are poised to be slapped on solar cells and panels imported from Southeast Asia but predominantly made in Chinese-owned factories, the U.S. Department of Commerce announced Monday, in another blow to Chinese goods as the Trump administration cracks down on imports. The antidumping and countervailing duties will fall on solar cells, including those in modules, coming from Cambodia, Thailand, Vietnam and Malaysia.
US to set tariffs as high as over 3,000% on solar cells from Southeast Asia

3 weeks ago | asia.nikkei.com | Pak Yiu

NEW YORK -- Tariffs as high as more than 3,000% are poised to be slapped on solar cells and panels imported from Southeast Asia but predominantly made in Chinese-owned factories, the U.S. Department of Commerce announced Monday, in another blow to Chinese goods as the Trump administration cracks down on imports. The antidumping and countervailing duties will fall on solar cells, including those in modules, coming from Cambodia, Thailand, Vietnam and Malaysia.
U.S. sets tariffs as high as 3,403% on solar cells from Southeast Asia

3 weeks ago | asia.nikkei.com | Pak Yiu

NEW YORK -- Tariffs as high as 3,403.96% are poised to be slapped on solar cells and panels imported from Southeast Asia but predominantly made in Chinese-owned factories, the U.S. Department of Commerce announced Monday, in another blow to Chinese goods as the U.S. administration cracks down on imports. The antidumping and countervailing duties will fall on solar cells, including those in modules, coming from Cambodia, Thailand, Vietnam and Malaysia.
Amnesty International opens satellite Hong Kong chapter

1 month ago | asia.nikkei.com | Pak Yiu

NEW YORK -- Human rights advocacy group Amnesty International on Tuesday launched a new Hong Kong chapter outside the city, a decision it says reflects the erosion of rights and freedoms since the Chinese government imposed a national security law in 2020. The rights group in October 2021 announced the closure of its Asia headquarters and Hong Kong section, ending research, advocacy and campaigning work after 45 years in the financial hub.
Chinese students sue to restore U.S. immigration status

1 month ago | asia.nikkei.com | Pak Yiu

NEW YORK -- Chinese students filed a lawsuit to the District Court in the Northern District of California on Friday challenging the U.S. government's cancellation of their student visas, alleging the move was arbitrary and in violation of the constitution. The visas and immigration status of Zhuoer Chen, Mengcheng Yu, Jiarong Ouyang and Gexi Guo were revoked in early April, an action that would require them to leave the country.
China's formidable logistics sector challenges Trump tariff enforcers

1 month ago | asia.nikkei.com | Stella Yifan Xie |Pak Yiu

HONG KONG/NEW YORK -- U.S. President Donald Trump this week escalated his trade war with China. Standing in his way are tens of thousands of Chinese logistics companies that experts believe help manufacturers minimize the impact of U.S. tariffs through strategies that include undervaluing shipments or disguising their origins.