Tag - trade

 
 

TRADE

Saury are unloaded at a port in Akkeshi, Hokkaido, this month.
JAPAN / Society
Aug 29, 2023
Hokkaido hit hard by China's ban on Japan seafood imports
Chinese demand for products like scallops and sea cucumbers provides a crucial source of revenue for the prefecture.
Foreign Minister Yoshimasa Hayashi, Prime Minister Fumio Kishida and economic security minister Sanae Takaichi attend a Cabinet meeting on Tuesday.
JAPAN / Politics
Aug 29, 2023
Japan hints at complaint to WTO over China's seafood import ban
The two Asian powers have been at odds over the safety of the water being released from the Fukushima No. 1 nuclear power plant.
U.S. Commerce Secretary Gina Raimondo, right, speaks during a meeting with her Chinese counterpart Wang Wentao in Beijing on Monday.
WORLD / Politics
Aug 29, 2023
U.S. commerce secretary says trade can stabilize U.S.-China ties
The trip to China this week is a key test of efforts by Washington to ease tensions while holding firm on what it considers national security interests.
Japan's exports have been "picking up recently," the government said in its latest monthly economic assessment, its first upward revision since May,
BUSINESS
Aug 28, 2023
Japan improves view on exports for first time in three months
The Cabinet Office report cited the boost to auto shipments from easing supply issues and the bottoming out of demand for semiconductor-related goods.
Japan Tobacco's headquarters in Tokyo
JAPAN / Politics
Aug 27, 2023
Ukraine puts Japan Tobacco unit on list of war supporters
Kyiv's national corruption agency criticized the company for continuing its business activities in Russia and paying a large amount of tax to Moscow.
Customers shop at a seafood market in Beijing on Friday.
JAPAN
Aug 26, 2023
Russia hopes to raise seafood exports to China after Japan ban
Russia is already one of the biggest marine product suppliers to China, with 894 Russian companies allowed to export seafood.
A vendor arranges seafood at her stall at a seafood market in Beijing on Friday.
JAPAN
Aug 26, 2023
Japan eyes fisheries aid amid China's Fukushima-linked import ban
The government seeks to mitigate the Chinese move's negative impact on the fishery industry while continuing to urge China to lift the ban.
Vendors carry lobster at a seafood market in Shanghai, China, on Friday.
BUSINESS
Aug 25, 2023
Japan fishing industry reels after China’s seafood embargo
The average price of fresh Aomori tuna at the Toyosu market in Tokyo fell 24% on Aug. 25 from the previous day to ¥9,383 per kilogram.
People visit Semicon China, a trade fair for semiconductor technology, in Shanghai in 2021
BUSINESS
Aug 24, 2023
China quietly hires overseas chip talent as U.S. tightens curbs
The revamped recruitment drive is said to offer perks including home-purchase subsidies and typical signing bonuses of $420,000 to $700,000.
A customer shops at a sushi counter at the Food Le Parc supermarket in Hong Kong.
BUSINESS / Economy
Aug 24, 2023
Hong Kong restaurants brace for cost jump after Japan seafood ban
The saga is yet another headache for the city’s restaurant industry, which is still suffering from the effects from pandemic curbs and a worker shortage.
Members of the Self-Defence Forces during a ceremony in Tokyo in 2017
JAPAN
Aug 23, 2023
Government advocates allowing export of some lethal weapons
The ruling coalition will discuss how to revise the guidelines for the country's three principles on defense equipment transfers.
Sushi made with fish imported from Japan at a Japanese supermarket in Hong Kong on Wednesday.
JAPAN
Aug 23, 2023
China's sushi fans flounder over Fukushima water release
Chinese sushi lovers have expressed reservations after Japan kicked off plans for the disposal of wastewater from the stricken Fukushima No. 1 plant.
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.
A news report about Japan's decision to release treated radioactive water from the Fukushima No. 1 nuclear power plant into the ocean is shown on a big screen in Beijing on Tuesday.
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.
Seafood at a fishing port in the city of Soma, in Fukushima Prefecture
BUSINESS / Economy
Aug 15, 2023
Switzerland and Liechtenstein lift Japan food import restrictions
The two countries will no longer require radiation tests on some agricultural and fishery products from 10 prefectures, including Fukushima.
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.

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