Tag - trade

 
 

TRADE

Japan's exports grew 7.3% year-on-year in March, up for the fourth straight month, showing that the economy continues to benefit from the effects of the sliding yen.
BUSINESS / Economy
Apr 17, 2024
Japan’s exports get boost from China aided by yen tailwind
Exports gained 7.3% in March from a year earlier, with growth slightly decelerating from February’s 7.8% gain.
Workers clean argeli bark in the Ilam district of eastern Nepal. Thousands of miles away, in Japan, the bark will be used to make yen notes.
ASIA PACIFIC / Society
Apr 16, 2024
On Himalayan hillsides grows Japan’s cold, hard cash
One of the poorest pockets of Asia supplies a primary ingredient for the economy in one of the richest.
Max Lange, 19, a plant mechatronics engineering trainee from Oederan, stands next to a solar panel rolling off the assembly line as part of the last production of solar modules at the Meyer Burger Technology AG plant, due to an announced closure of the plant, in Freiberg, Germany, on March 12.
BUSINESS / Economy
Apr 16, 2024
Lacking support in battle with China, European solar firms head to U.S.
This week the European Commission has launched a voluntary charter for governments and companies to sign in support of solar manufacturing plants.
European Commission President Ursula von der Leyen at the European Parliament in Brussels, on April 10. Von der Leyen is unleashing a barrage of trade restrictions against China, aiming to tackle unfair trade practices that are said to be contributing to social and political challenges for the bloc.
WORLD / Politics
Apr 16, 2024
EU pushing back on China's 'assertive' trade practices with probes and policy
Investigations and moves to strengthen regulations aim to tackle trade imbalances that could cause social and political challenges for the bloc.
German Chancellor Olaf Scholz (left) with Chinese leader Xi Jinping in Beijing in November 2022. Scholz is travelling to China again this week with the goal of shoring up economic ties with Germany's biggest trading partner.
COMMENTARY / World
Apr 15, 2024
An EV trade war with China would be an own goal for carmakers
As German Chancellor Scholz visits China this week, he should push for stronger ties between Chinese and European automakers, especially in the EV market.
German Chancellor Olaf Scholz reviews soldiers of the German armed forces in Berlin on Thursday.
WORLD / FOCUS
Apr 12, 2024
Between the U.S. and a hard place, Germany's Scholz reheats China ties
With Germany's economy slumping, the nation hopes to gain fairer access to China's markets despite promises to "de-risk" from them.
Coverage of Xi Jinping's meeting with former Taiwan President Ma Ying-jeou in Beijing on Monday
ASIA PACIFIC / Politics
Apr 11, 2024
China-Taiwan trade data shows realignment as Xi meets ex-Taiwan leader Ma
The island’s shipments to the U.S. rose 65.7% year-on-year in March, while exports to mainland China grew just 6%.
The U.S. Department of Commerce building in January 2022
WORLD / Politics
Apr 11, 2024
Firms aiding Chinese military to get AI chips now face blacklist
The companies are "involved with providing AI chips to China's military modernization programs"
U.S. Treasury Secretary Janet Yellen visits the Guozijian Hutong Alley in Beijing on Monday.
WORLD / Politics
Apr 9, 2024
Yellen threatens sanctions for China banks that aid Russia war
America’s ultimate weapon against financial institutions is its ability to cut off access to U.S. dollars, a threat for any bank operating internationally.
U.S. Treasury Secretary Janet Yellen arrives to attend a meeting with university students at Beijing University National School on <i>Sunday</i>.
WORLD / Politics
Apr 8, 2024
Yellen advances U.S.-China ties despite tough criticism on exports
Yellen’s tough message hasn’t hurt progress made between the two sides.
U.S. Treasury Secretary Janet Yellen meets Chinese Premier Li Qiang at the Great Hall of the People in Beijing on Sunday.
BUSINESS / Economy
Apr 7, 2024
Yellen and Li express hope for U.S.-China cooperation
The U.S.-China relationship can only move forward with direct and open communication, Treasury chief Janet Yellen told Premier Li Qiang.
U.S. Treasury Secretary Janet Yellen meets China's Vice Premier He Lifeng at the Guangdong Zhudao Guest House, in Guangzhou, Guangdong province, China, on Saturday.
WORLD / Politics
Apr 6, 2024
U.S. and China to start new talks on balanced growth, Yellen says
The top priority of her four day visit to China was to persuade Beijing to rein in excess production capacity for clean energy technology.
Developing nations feel that international trade rules favor developed countries and undermine their interests, particularly in areas like agriculture and fishing subsidies.
COMMENTARY / World
Apr 5, 2024
Why have developing countries soured on multilateralism?
The efforts of advanced economies to link trade agreements to labor and environmental standards could disadvantage developing nations.
Tugboats guide the Maersk Atlanta container ship at the Port of Newark in Newark, New Jersey, on Saturday. The bridge collapse Tuesday that shut the Port of Baltimore and closed a major highway will cause weeks or months of transportation disruptions in the Mid-Atlantic region.
BUSINESS
Apr 1, 2024
Baltimore ship accident has east coast ports scrambling to absorb cargo
The bridge collapse will accelerate a shift of cargo to the U.S. West Coast in order to avoid potential bottlenecks at trade gateways from Boston to Miami.
Chinese President Xi Jinping meets Prime Minister of the Netherlands Mark Rutte at the Great Hall of the People in Beijing on Wednesday.
WORLD / Politics
Mar 28, 2024
Xi slams technological barriers during Dutch premier’s visit
The U.S. is urging the Netherlands to stop ASML from servicing and repairing sensitive chipmaking equipment purchased by Chinese clients.
The Dali cargo vessel that crashed into the Francis Scott Key Bridge, causing it to collapse in Baltimore, Maryland, on Tuesday
BUSINESS
Mar 27, 2024
Baltimore’s freak bridge collapse reverberates from cars to coal
The aftermath of the bridge’s collapse throws another spotlight on the fragile nature of global supply chains.
Defense Minister Minoru Kihara told reporters after the Cabinet approval that Japan will remain committed to the "basic philosophy of a pacifist nation" by going through "strict decision processes" for exports.
JAPAN / Politics
Mar 26, 2024
Japan eases weapon export rules to allow the sale of fighter jets
The move removes a hurdle for its joint project with Britain and Italy to develop next-generation warplanes.
The United States has abandoned its long-standing demand for World Trade Organization provisions to protect cross-border data flows.
COMMENTARY / World
Mar 25, 2024
The U.S. is jeopardizing the open internet
The U.S. has changed its stance at the WTO on cross-border data flows, a move that could seriously harm the open internet that so many benefit from.
Visitors view a BYD Dolphin EV car at the 44th Bangkok International Motor Show in Bangkok in 2023.
BUSINESS / Companies
Mar 25, 2024
Chinese EV makers to take center stage at Bangkok motor show
The popularity of Chinese EVs in Thailand underscores the growing challenge Japanese auto giants face in a vehicle market they have long dominated.
An electronic stock board in Tokyo on Thursday. Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.
BUSINESS / Markets
Mar 23, 2024
Japan’s stock boom gets broader support than just exporters
Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.

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