Tag - trade

 
 

TRADE

The Kremlin in Moscow on Monday
WORLD / Politics
Aug 13, 2024
Billions in dollar and euro notes reach Russia despite sanctions
Russia has managed to circumvent sanctions blocking cash imports, suggesting that dollars and euros remain useful tools for trade and travel.
An unmanned cargo aircraft developed by Sichuan Tengden Sci-tech Innovation takes part in a maiden flight at an airport in Zigong, Sichuan province, China, on Sunday.
BUSINESS / Tech
Aug 13, 2024
China test-flies biggest cargo drone as low-altitude economy takes off
China's civilian drone makers are testing larger payloads as the government pushes to build a low-altitude economy.
Prime Minister Fumio Kishida meets with Chinese leader Xi Jinping at a summit in Bangkok in November 2022. Despite Japan-China relations stagnating in recent years, Xi's administration presents some interesting opportunities for an overture between the two countries.
COMMENTARY / Japan / Geoeconomic Briefing
Aug 12, 2024
Will Japan and China’s relations continue to stagnate?
Japan and China have historically been at odds and relations have stagnated. This pattern can be broken by seizing the moment, one that offers some key opportunities.
Avocados hang off a tree at an orchard in Tancitaro, Michoacan state, Mexico
ENVIRONMENT / Sustainability
Aug 7, 2024
Avocado goldrush links U.S. companies with Mexico's deforestation disaster
The U.S. demand for avocados divides communities in Mexico, where it is both a driver of economic growth and a catalyst for environmental crises.
Japan's gasoline imports in June rose 20.4% from the previous month, with the Petroleum Association of Japan attributing it to maintenances and outages at plants owned by top oil refiners.
BUSINESS
Aug 6, 2024
Japan's gasoline imports seen rising through August as refinery outages cut output
Japan's gasoline imports are expected to stay elevated through August after rising 20% in June.
The entrance gate of the SEG electronics market in Shenzhen, China, on June 27.
WORLD / Politics
Aug 5, 2024
With smugglers and front companies, China is skirting U.S. AI bans
The U.S. worries advanced semiconductors could help China develop superior weaponry, launch cyberattacks and make faster decisions on the battlefield.
Freshly-caught bonito fish unloaded in Iwaki, Fukushima Prefecture. Japan's food exports to China plunged in the first half of 2024 due to Beijing's import ban on Japanese fishery products.
JAPAN
Aug 4, 2024
Japan's first-half food exports fall for first time in four years
The latest result reflected China's import ban on Japanese fishery products since last summer in response to the release of treated Fukushima water.
China always seems to be one step ahead of America in economic strategies, advancing in electric vehicle and battery production while the U.S. struggles to keep up with evolving trade and supply chain challenges.
COMMENTARY / World
Aug 2, 2024
West plays 'whack-a-mole' as China dominates EV and battery sectors
A more proactive, multilateral approach by the U.S. to supply chain and trade policy is necessary to counter China’s economic influence.
A Samsung HBM chip
WORLD / Politics
Aug 1, 2024
U.S. weighs restrictions on China’s access to AI memory chips
The new restrictions are likely to be unveiled as soon as late August as part of a broader package that also includes sanctions against over 120 Chinese firms.
Traditional soap cakes are manufactured in Aleppo in northern Syria in February.
JAPAN / Society
Jul 31, 2024
Japanese importer fights to preserve traditional Aleppo soap
It is said that Aleppo has upheld the tradition of soapmaking for approximately 1,000 years, using olive and laurel oil with alkali made from charcoaled desert shrubs.
Prime Minister Fumio Kishida shakes hands with South Korean President Yoon Suk-yeol as U.S. President Joe Biden looks on alongside other members of the Indo-Pacific Economic Framework at the Asia-Pacific Economic Cooperation leaders week in San Francisco in November.
JAPAN / Politics
Jul 31, 2024
Japan to co-lead crisis response branch of the global trade initiative IPEF
Japan will be vice chair of the Crisis Response Network, a body under the U.S.-led Indo-Pacific Economic Framework for Prosperity.
U.S. Vice President Kamala Harris might maintain some of the economic policies of former President Donald Trump.
BUSINESS / Economy / FOCUS
Jul 30, 2024
A President Harris might be decidedly Trumpy in approach to Asia trade
The efforts to contain China economically is a common theme that is likely to be maintained after the election.
The Bonham Strand Trade Centre, a location housing shell companies that ship restricted military technology to Russia, according to an analysis by The New York Times, in Hong Kong on June 14
ASIA PACIFIC
Jul 27, 2024
The illicit flow of technology to Russia goes through this Hong Kong address
Defying sanctions, Moscow has obtained nearly $4 billion in restricted chips since the war began in Ukraine.
International Monetary Fund guidance on industrial policy must balance protection with market discipline and emphasize fiscal prudence.
COMMENTARY / World
Jul 25, 2024
What fiscally sound industrial policy can do
Industrial policy can help countries cope with growing economic and political uncertainty. But the details matter.
The Ukedo fishing port in the town of Namie in Fukushima Prefecture in March. In 2022, Taiwan lifted most of its import restrictions on food produced in five prefectures including Fukushima.
JAPAN / Society
Jul 24, 2024
Taiwan set to lift remaining import restrictions on Japanese food
The latest measure will cover products such as mushrooms and the meat of wild animals.
Turkey has facilitated the flow of Russian oil to the European Union, enabling the Kremlin to circumvent the bloc’s sanctions and prolonging the Ukraine war.
COMMENTARY / World
Jul 24, 2024
Europe must clamp down on Russian oil flows through Turkey
Turkey has facilitated the flow of Russian oil to the European Union, enabling the Kremlin to circumvent the bloc’s sanctions and prolonging the Ukraine war.
The Porsche booth at the Beijing International Automotive Exhibition in Beijing on April 25
BUSINESS / Economy
Jul 24, 2024
China’s slowdown is taking a rising toll on European profits
From luxury brands to carmakers, more trouble is coming for European businesses heavily reliant on demand in the Asian economic giant.
People visit the Volkswagen booth at the Beijing International Automotive Exhibition, on April 25.
BUSINESS / Companies
Jul 24, 2024
Volkswagen is reeling in China. Can EVs help it grow in the U.S.?
Volkswagen CFO Arno Antlitz said the company expects to continue losing China market share and hopes to merely maintain its position in Europe.
Samsung Electronics' headquarters in Suwon, South Korea, on June 13, 2023
BUSINESS / Tech
Jul 24, 2024
Nvidia clears Samsung's HBM3 chips for use in China-market processor
Nvidia's approval of the chips comes amid soaring demand for sophisticated graphics processing units.
Australian grape exports to Japan are expected to rise as Tokyo has fully opened the market for the fruit.
BUSINESS / Economy
Jul 23, 2024
Japan opens up its market for Australian grapes
The Australian government aims to increase the country's annual grape exports to Japan to about AU$50 million, or 2.5 times the current figure, within several years.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?