Asia Compact | 19.03.2018, 19:00 UTC

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Asia Compact 19.03.2018 | 19:00 UTC Business Who is China's new central bank chief? Yi Gang takes over the reins of the People's Bank of China (PBoC) at a time when it is rapidly gaining global influence. But his key challenge would be domestic: tackling ballooning debt and ensuring financial stability. Trump tariffs threaten trade China promises economic opening US trade groups warn against higher tariffs China to tighten banking and insurance control Donald Trump set to sign executive order on steel import tariff China stocks plunge again in unprecedented slump Chinese trade barriers move into Trump's focus Will China's high debt levels spark a financial crisis? China's Congress names key economic and defense officials in Cabinet reshuffle Asia Business vs. environment — Philippines' Boracay Island faces closure People associated with the tourism industry are miffed over President Duterte's threat to temporarily shut down Boracay Island to prevent environmental degradation. Can a compromise be reached? Ana P. Santos reports. After Haiyan: Planting forests in the Philippines Environmental standards could hamper development Philippines' top island Boracay is 'cesspool' Filipinos resist China-funded dams amid Beijing's growing clout in Southeast Asia Filipino fishermen say: Not on our watch Philippine President Rodrigo Duterte holds to ban on open-pit mining, despite pressure First living giant shipworm found in Philippines Philippines struggles to balance environment, mining Will North Korea's Kim meet with Japanese PM Abe? As US President Trump and South Korea's Moon prepare for summits with North Korean leader Kim, Tokyo fears being left behind. But Japanese PM Abe has little leverage over North Korea. Julian Ryall reports from Tokyo. North Korea's Kim Jong Un and Donald Trump to meet South Korea says North ready for denuclearization talks Sweden and North Korea end talks ahead of possible Trump-Kim summit German BND spy agency: North Korean rockets can hit Europe Is a Trump-Kim meeting a recipe for disaster? Or so crazy it just might work? North Korea stays silent on Donald Trump meeting with Kim Jong Un Japanese PM Shinzo Abe warns North Korea talks could be ploy Japan 'ghost ships' drifting from desperate North Korea News China's Congress names key economic and defense officials in Cabinet reshuffle The appointments will impact China's economic reform efforts and its drive to modernize its armed forces. The National People's Congress also confirmed appointments to the posts of finance, commerce and foreign minister. China: the cost of debt-fueled growth China displays its military might China's National People's Congress gives President Xi Jinping second five-year term China's Congress reappoints Premier Li Keqiang and names new anti-graft watchdog Will China's high debt levels spark a financial crisis? Germany, China to work on steel overcapacity via G20 Donald Trump eyes massive tariffs on China tech sector China boosts defense spending for 2018 More DW Enter our travel video competition! Did you shoot brilliant pictures of the world's most beautiful places on your last vacation? Then send us your video and win a DW travel backpack and DW rain jacket!   © Deutsche Welle 2018