Tag - trade

 
 

TRADE

U.S. Commerce Secretary Gina Raimondo testifies during a Senate Appropriations Committee hearing on China in Washington last May.
BUSINESS / Economy
Aug 23, 2023
U.S. commerce chief to be latest Cabinet official to visit China
U.S. Commerce Secretary Gina Raimondo will visit China next week at the invitation of her Chinese counterpart.
JAPAN
Aug 23, 2023
China and Hong Kong to toughen import restrictions on Japan foods
Of Japan's exports of agricultural, forestry and fishery products and food items, 36% went to mainland China and Hong Kong in total in 2022.
A bulk carrier at the Panama Canal on April 19
BUSINESS / Economy
Aug 22, 2023
Historic drought and hot seas slow Panama Canal shipping
Restrictions already are sending China-U.S. spot shipping prices up as much as 36% amid soaring sea temperatures.
Containers in a shipping terminal at the Honmoku pier in Yokohama in June
BUSINESS / Economy
Aug 17, 2023
Japan logs first export decline in over two years
The value of exports fell in July from a year earlier, retreating for the first time since February 2021.
The cargo ship Super Bayern, carrying Ukrainian grain, in the Black Sea off Kilyos near Istanbul last year
WORLD / ANALYSIS
Aug 17, 2023
Russian raid off Turkey's coast tests Erdogan's resolve
Armed marines raided a Turkish-based vessel on Sunday some 60 kilometers off Turkey's northwest coast, in international waters but near Istanbul.
Moscow has begun testing its new digital ruble with consumers this week.
BUSINESS / Tech
Aug 16, 2023
Russia tests digital ruble for sanctions evasion and social control
Development of the digital ruble took off after Western sanctions blocked Russia from parts of the global banking system.
An S-400 surface-to-air missile system outside the town of Gvardeysk, near Kaliningrad, Russia, in March 2019. The S-400 is one of the defense items India has procured from Russia.
COMMENTARY / World / Geoeconomic Briefing
Aug 15, 2023
A new tide of weapons imports, production and development
Some countries are beginning to diversify when looking for partners for their arms needs.
Japan’s economy has expanded at a much faster pace than forecast, despite weak domestic consumption.
BUSINESS / Economy
Aug 15, 2023
Japan’s GDP grows at 6% on strong exports as consumption falters
Capital spending by businesses was flat, versus forecasts of a 0.4% increase, while private consumption unexpectedly declined by 0.5%.
The impact of China's latest metal curbs will likely be limited, experts say, as the United States is already looking for alternative supply chains.
ASIA PACIFIC / Politics / ANALYSIS
Aug 11, 2023
China’s gallium curbs to have limited impact on U.S. defense
China said the recent export controls are necessary to safeguard national security, but experts believe this is a way for the country to hit back at U.S.
U.S. President Joe Biden speaks at an event in Albuquerque, New Mexico, on Wednesday.
WORLD / Politics
Aug 11, 2023
New U.S. rules on China investments fail to offer clear guidance
The Treasury Department’s 46-page notice released alongside the order includes at least 80 separate questions about how it should structure the program.
A bulk carrier transits through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama, on April 19.
BUSINESS / Economy
Aug 11, 2023
Drought-hit Panama Canal lets more unbooked ships pass
Around 70% of canal traffic comes from or goes to the U.S., where retailers like Walmart, Amazon and Target prep for winter holiday sales.
U.S. President Joe Biden in Washington on July 21. On Wednesday, Biden signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips, and require government notification in other technology sectors.
WORLD / Politics
Aug 10, 2023
Biden orders ban on U.S. investment in key Chinese technologies
The order restricts investments in semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.
Containers stored at the Yangshan Deep-Water Port in Shanghai in 2020
BUSINESS
Aug 9, 2023
Not decoupling, but West and China drift apart
Official data showed a 14.5% drop in July exports amid weak consumer demand in the world markets served by China — the fastest decline since the pandemic.
Trucks wait to cross South Africa’s border into Mozambique at Lebombo Border control in Komatipoort.
BUSINESS
Aug 7, 2023
Global demand for coal is bringing mayhem to South African towns
The trucks began running through in ever greater numbers after South Africa became one of Europe’s main alternatives to Russian coal.
New Zealand Prime Minister Chris Hipkins (center) and others, as Britain signs the treaty to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, in Auckland on July 16.
BUSINESS / ANALYSIS
Aug 1, 2023
China entry into trans-Pacific trade pact faces political hurdles
China should be able to meet standards set out in the pact, experts say, forcing members to make a politically uncomfortable decision on letting it join.
Kazuyuki Tanioka, the owner of Japanese cuisine Toya restaurant, prepares fish a sashimi dish during an interview in Beijing on July 25.
BUSINESS
Jul 31, 2023
Japanese eateries in China fear ruin over Fukushima water release
Shortly after the 2011 disaster hit the Fukushima No. 1 plant, China banned the import of food and agricultural products from five Japanese prefectures.
A cargo vessel on the Sulina Channel en route to the Danube River, in Romania
WORLD
Jul 21, 2023
Ukraine grain relies on a river that’s drying up
A heatwave fanning across the southern part of Europe is lowering river levels and crimping export capacity, which will make shipping grain even more difficult.
The Central Business District on a rainy day in Beijing. Both U.S. and European companies with exposure to China could be hit by its sluggish growth as its post-COVID-19 momentum has faltered rapidly.
BUSINESS / Economy
Jul 21, 2023
China's sagging economy looms over quarterly results around the world
Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Japan Times
ASIA PACIFIC
Jul 22, 2023
G7 and others ask China to stop North Korea sanctions evasion in its waters
The countries will provide satellite images that 'clearly indicates these practices continued to occur within China's jurisdiction in 2022 and have continued in 2023.'

Longform

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.