Tag - trade

 
 

TRADE

The European Union and Japan concluded an agreement Saturday on cross-border data flows, a deal that could benefit companies across a range of sectors, including financial services, transport, machinery and e-commerce, allowing them to handle data without cumbersome and costly administration.
JAPAN / Politics
Oct 28, 2023
EU and Japan conclude agreement on data flows
The deal on cross-border data flows should drive business and may help shape global rules for data, the European Commission said.
An employee operates at a production facility of Zaporizhstal Iron and Steel Works, in Zaporizhzhia, Ukraine, this month.
BUSINESS / Companies / ANALYSIS
Oct 27, 2023
Ukraine's once-mighty steel sector choked by export blockade
Until producers can get steel to markets via the Black Sea, where Russia continues to pose a threat to shipping, there is little prospect of recovery.
Servers inside Huawei's factory campus in Dongguan, Guangdong province, China, in March 2019
BUSINESS / Tech
Oct 26, 2023
China swaps Western tech for domestic options as U.S. cracks down
The telecom and financial sectors are considered the next focus for the drive, with digital payments seen as particularly vulnerable to Western hacking.
Bank of Japan Gov. Kazuo Ueda meets with European Central Bank President Christine Lagarde and U.S. Federal Reserve Chairman Jerome Powell at the Jackson Hole economic symposium in Moran, Wyoming, on Aug. 25.
COMMENTARY / World
Oct 25, 2023
As geopolitical risks grow, businesses are slow to respond
Businesses need to integrate geopolitical risk into their decision-making in an ever-transforming world.
Despite shifts in the global economy and trade, the world remains highly integrated and globalization is far from over.
COMMENTARY
Oct 25, 2023
Globalization’s demise has been greatly exaggerated
Trade flows, allocation of dollars, and supply chains are evolving, but these changes are not uniform and can be challenging to predict.
As G7 leaders pledge to combat economic coercion with an eye on China, this could be counterproductive and end up hurting global trade.
COMMENTARY / World
Oct 23, 2023
The G7's anti-coercion campaign against China could backfire
When G7 trade representatives convene in Osaka starting Saturday, Chinese “economic coercion” is expected to be high on the agenda.
An assembly engineer works on a TWINSCAN DUV lithography system at ASML in Veldhoven, Netherlands, in June.
BUSINESS / Tech
Oct 21, 2023
The multimillion-dollar machines at the center of the U.S.-China rivalry
Complex lithography machines that print intricate circuitry on computer chips are at the heart of Washington's tough new measures on Beijing.
A Chinese warship fires toward the shore during a military drill near the Taiwan-controlled Matsu Islands, which lie off the Chinese coast.
WORLD
Oct 21, 2023
China weighs options to blunt U.S. sanctions in a Taiwan conflict
The sanctions against Russia have prompted Chinese economists and geopolitical analysts to examine how China should mitigate extreme scenarios.
Valdis Dombrovskis, trade commissioner for the European Union, at the annual meetings of the International Monetary Fund and World Bank in Marrakesh, Morocco, on Oct. 13.
BUSINESS / Economy
Oct 21, 2023
EU says lack of U.S. clarity on tariffs sank trade announcement
Valdis Dombrovskis, an executive VP at the European Commission, said the U.S. had previously agreed to work toward removing the measures.
Chinese President Xi Jinping exits the podium after giving his speech during the opening ceremony of the third Belt and Road Forum for International Cooperation in Beijing on Wednesday.
COMMENTARY / World
Oct 19, 2023
Belt and Road anniversary prompts reflection on China's global ambitions
Countries like the U.S., Japan, India, and Canada should participate in the BRI's infrastructure projects to influence the initiative's evolution.
Japan's exports rose more than expected in September, led by shipments of cars and medical supplies.
BUSINESS / Economy
Oct 19, 2023
Japan exports rise more than expected in support for recovery
The value of exports gained 4.3% from a year earlier, led by shipments of cars and medical supplies in the first overall rise in three months.
Locally caught seafood at the Hamanoeki Fish Market and Food Court in Soma, Fukushima Prefecture, on Aug. 31
BUSINESS
Oct 18, 2023
China's fish imports from Japan fall to zero in September
The result followed a 33% decline in July from a year before and a 70% drop in August.
An artist's rendition of a next-generation fighter jet to be jointly developed by Britain, Italy and Japan
JAPAN
Oct 18, 2023
Japan considers allowing exports of fighter jets to third nations
The government has clarified its position that it would be "desirable" to lift a ban in place on such exports.
Washington is taking steps to prevent U.S. chipmakers from circumventing government rules in order to sell to China.
BUSINESS / Tech
Oct 16, 2023
U.S. to tighten rules aimed at keeping advanced chips out of China
The Biden administration is aiming to close loopholes that might help its geopolitical rival gain cutting-edge technologies.
The U.S. is struggling to cut China off from top AI technology.
BUSINESS / Tech
Oct 13, 2023
Biden eyes adding AI chip curbs to Chinese companies abroad
Efforts to close the loophole allowing access to chips the show how the Biden administration is struggling to cut China off from top AI technology.
Kiva robots move inventory at an Amazon fulfilment center in Tracy, California.
BUSINESS / Companies
Oct 13, 2023
Amazon strategy could unlock $100 billion in revenue
Supply Chain by Amazon is the latest part of its drive to become a leading logistics company.
Chinese President Xi Jinping and Arab leaders pose for a group photo during the China-Arab summit in Riyadh on Dec. 9.
WORLD / Politics
Oct 12, 2023
China’s economic stake in the Middle East: Its thirst for oil
China, the world’s second-largest economy, has become addicted to foreign oil at a stunning pace.
Gazprom's Power of Siberia pipeline in the Sakha Republic, Russia
WORLD / Politics
Oct 12, 2023
Putin to tap China as failed Europe energy play blunts leverage
Gas volumes to the Asian superpower would only match two-thirds of those that flowed to Europe, but prices will be lower and deliveries would take years.
U.S. Commerce Secretary Gina Raimondo gives a news conference at the Boeing aircraft hangar facility in Shanghai on Aug. 30.
COMMENTARY / World
Oct 12, 2023
Foreign businesses face a hostile China
The Chinese government's "zero-COVID" policy and regulatory favoritism toward local companies have created obstacles for foreign businesses.
Chey Tae-won in Paris on Monday
BUSINESS / Tech
Oct 11, 2023
SK Group boss blames U.S.-China tensions for EV battery prices
SK Group’s operations range from batteries and chips to chemicals and telecoms.

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’