Tag - trade

 
 

TRADE

China's exports fell by 14.5% year on year in July, a stark contrast from the robust 17.2% export growth recorded in July 2022.
COMMENTARY / World
Sep 11, 2023
Why hasn’t China rushed to bail out its economy?
China's reluctance to unveil a massive stimulus package despite the ongoing economic slowdown has puzzled foreign observers and the Chinese public alike.
U.S. President Joe Biden holds a news conference in Hanoi on Sunday, the first day of a visit in Vietnam.
ASIA PACIFIC / Politics
Sep 11, 2023
U.S. and Vietnam ink historic partnership in Biden visit
U.S. President Joe Biden secured deals with Hanoi on semiconductors and minerals amid Washington's growing rivalry with China.
Japan's travel surplus posted the biggest amount for July since comparable data became available in 1996, with the country seeing a revival of inbound tourism in recent months.
BUSINESS
Sep 8, 2023
Japan current account surplus up threefold in July
The figure — ¥2.77 trillion, a record for the month — was boosted by declining crude oil prices that helped reduce imports.
A group of plaintiffs for a lawsuit demanding a halt to the release of radioactive water from the Fukushima No. 1 nuclear power plant walk to the Fukushima District Court in the city of Fukushima on Friday.
JAPAN
Sep 8, 2023
Japan fishers file suit to stop Fukushima water release
The plaintiffs said the water discharge threatens citizens' right to live safely and hinders local fishermen's businesses.
Cargo ships wait in the anchor zone to cross the Panama Canal from the Pacific entrance near Panama City, Panama, on Sept. 1
ENVIRONMENT / Oceans
Sep 8, 2023
Top global ports may be unusable by 2050 without more climate action: report
Of the world’s 3,800 ports, a third are located in a tropical band vulnerable to the most powerful effects of climate change
An Apple store in the Huangpu district in Shanghai
BUSINESS / Tech
Sep 8, 2023
Apple grapples with turmoil in China days before iPhone 15 launch
The bans may just be part of a longstanding trend.
An activist in Seoul protests Japan’s plan to release treated wastewater from the Fukushima No. 1 nuclear plant.
PODCAST / deep dive
Sep 7, 2023
Anger at Fukushima’s wastewater; hope in its renewables
Good news and bad news out of Fukushima.
Apple shares slid 3.6% after reports that Chinese government agencies will ban iPhones and other foreign-branded devices in workplaces.
BUSINESS / Companies
Sep 7, 2023
Apple falls on report that China agencies are barring iPhone use
The company enjoys widespread popularity in China, its largest international market.
A vendor serves customers at a seafood market in Beijing on Aug. 25.
BUSINESS
Sep 6, 2023
Seafood exports to China fell 23% in July amid radiation testing
Beijing tightened its inspections prior to the release of treated radioactive water from the crippled Fukushima nuclear power plant.
The Huawei Technologies Co. booth at the Smart China Expo in Chongqing, China, on Monday
BUSINESS / Companies
Sep 6, 2023
Huawei's new chip breakthrough likely to trigger closer U.S. scrutiny: analysts
The most advanced chip that chipmaker SMIC had previously been known for making was 14 nanometers.
Prime Minister Fumio Kishida speaks to reporters on Monday evening at the Prime Minister's Office.
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.
Prime Minister Fumio Kishida (center) visits a seafood wholesaler at Tokyo's Toyosu fish market on Thursday.
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.
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.
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.
Prime Minister Fumio Kishida eats fish from Fukushima Prefecture at a luncheon on Wednesday.
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.

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