Tag - trade

 
 

TRADE

JAPAN / Politics
Sep 5, 2023
Japan OKs additional fisheries aid and ups pressure on China
Support for the industry now tops ¥100 billion, as the government struggles to soothe fears over contaminated water at home and abroad.
Russian President Vladimir Putin shakes hands with Turkish President Tayyip Erdogan during a meeting in Sochi, Russia, on Monday.
WORLD / Politics
Sep 5, 2023
Turkey's Erdogan says Black Sea grain deal can be restored soon
Russia quit the deal in July, complaining that its own food and fertilizer exports faced serious obstacles.
The Port of Los Angeles. AI tools are helping many organizations simplify trade-data analysis in ways that may help smooth cross-border commerce.
BUSINESS / Tech
Sep 3, 2023
AI fused with trade data may smooth clunky supply chains
Technology may soon sort through hundreds of millions of shipment records and error-prone datasets in a fraction of the time it takes today.
U.S. Commerce Secretary Gina Raimondo and Chinese Vice Premier He Lifeng meet in Beijing on Tuesday.
COMMENTARY / World
Sep 1, 2023
U.S.-China 'de-risking' will face stress test in election season
While Democrats favor de-risking, Republicans are firmly in the decoupling camp and are attacking Biden's China policy for being too meek.
At Beijing’s Jingshen Seafood Market, sales of Japanese maritime products are now banned — just as they are elsewhere in the country.
EDITORIALS
Sep 1, 2023
China is about to get a lesson in the limits of economic coercion
Most governments in Asia are relying on science to guide their responses to the Fukushima water release.
U.S. Ambassador to Japan Rahm Emanuel after eating fish during his visit to Soma, Fukushima Prefecture, on Thursday
JAPAN / Politics
Aug 31, 2023
U.S. ambassador to Japan visits Fukushima in show of support
Japan has sought an immediate end to the ban and threatened to resolve the matter through the WTO framework.
JAPAN / Politics
Aug 31, 2023
Japan announces new fishing industry aid after China ban
The new aid follows a ¥30 billion fund aimed at countering reputational damage. Another ¥50 billion had been earmarked to support the fishing industry.
Police and security personnel stand outside the entrance of the Japanese Embassy in Beijing on Tuesday. Japan said that harassment being faced by its citizens in China after the Fukushima water release was "extremely regrettable," confirming that a brick was thrown at the country's embassy in Beijing.
JAPAN / Politics
Aug 31, 2023
Fukushima water release dampens chances of Japan-China detente
Japan is now bracing for a new period of wide-ranging tensions with its neighbor as the strained ties look likely to continue into the months ahead.
The U.S. is expanding import restrictions for Nvidia AI chips to include some countries in the Middle East, the firm has said.
WORLD / Politics
Aug 31, 2023
U.S. curbs AI chip exports from Nvidia to parts of Middle East
A similar move announced last year signaled an escalation of the U.S. crackdown on China's technological capabilities.
JAPAN
Aug 30, 2023
Kishida eats 'safe and delicious' Fukushima fish
"This is very good," Kishida said as he chewed on a slice of flounder sashimi, calling on viewers to enjoy Japanese seafood.
JAPAN / Society
Aug 29, 2023
Hokkaido hit hard by China's ban on Japan seafood imports
Chinese demand for products like scallops and sea cucumbers provides a crucial source of revenue for the prefecture.
U.S. Commerce Secretary Gina Raimondo, right, speaks during a meeting with her Chinese counterpart Wang Wentao in Beijing on Monday.
WORLD / Politics
Aug 29, 2023
U.S. commerce secretary says trade can stabilize U.S.-China ties
The trip to China this week is a key test of efforts by Washington to ease tensions while holding firm on what it considers national security interests.
Japan's exports have been "picking up recently," the government said in its latest monthly economic assessment, its first upward revision since May,
BUSINESS
Aug 28, 2023
Japan improves view on exports for first time in three months
The Cabinet Office report cited the boost to auto shipments from easing supply issues and the bottoming out of demand for semiconductor-related goods.
Japan Tobacco's headquarters in Tokyo
JAPAN / Politics
Aug 27, 2023
Ukraine puts Japan Tobacco unit on list of war supporters
Kyiv's national corruption agency criticized the company for continuing its business activities in Russia and paying a large amount of tax to Moscow.
Customers shop at a seafood market in Beijing on Friday.
JAPAN
Aug 26, 2023
Russia hopes to raise seafood exports to China after Japan ban
Russia is already one of the biggest marine product suppliers to China, with 894 Russian companies allowed to export seafood.
Vendors carry lobster at a seafood market in Shanghai, China, on Friday.
BUSINESS
Aug 25, 2023
Japan fishing industry reels after China’s seafood embargo
The average price of fresh Aomori tuna at the Toyosu market in Tokyo fell 24% on Aug. 25 from the previous day to ¥9,383 per kilogram.
People visit Semicon China, a trade fair for semiconductor technology, in Shanghai in 2021
BUSINESS
Aug 24, 2023
China quietly hires overseas chip talent as U.S. tightens curbs
The revamped recruitment drive is said to offer perks including home-purchase subsidies and typical signing bonuses of $420,000 to $700,000.
A customer shops at a sushi counter at the Food Le Parc supermarket in Hong Kong.
BUSINESS / Economy
Aug 24, 2023
Hong Kong restaurants brace for cost jump after Japan seafood ban
The saga is yet another headache for the city’s restaurant industry, which is still suffering from the effects from pandemic curbs and a worker shortage.
Members of the Self-Defence Forces during a ceremony in Tokyo in 2017
JAPAN
Aug 23, 2023
Government advocates allowing export of some lethal weapons
The ruling coalition will discuss how to revise the guidelines for the country's three principles on defense equipment transfers.
Sushi made with fish imported from Japan at a Japanese supermarket in Hong Kong on Wednesday.
JAPAN
Aug 23, 2023
China's sushi fans flounder over Fukushima water release
Chinese sushi lovers have expressed reservations after Japan kicked off plans for the disposal of wastewater from the stricken Fukushima No. 1 plant.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.