Tag - trade

 
 

TRADE

Japan’s economy has expanded at a much faster pace than forecast, despite weak domestic consumption.
BUSINESS / Economy
Aug 15, 2023
Japan’s GDP grows at 6% on strong exports as consumption falters
Capital spending by businesses was flat, versus forecasts of a 0.4% increase, while private consumption unexpectedly declined by 0.5%.
Japanese seafood is offloaded at a port in Taicang, a city in China's Jiangsu province, in March.
JAPAN / Politics
Aug 13, 2023
China tells Japan blanket seafood testing meant to protect consumers
The testing is believed to have been adopted to pressure Tokyo over its plan to release treated radioactive water from the Fukushima No.1 nuclear plant.
U.S. President Joe Biden speaks at an event in Albuquerque, New Mexico, on Wednesday.
WORLD / Politics
Aug 11, 2023
New U.S. rules on China investments fail to offer clear guidance
The Treasury Department’s 46-page notice released alongside the order includes at least 80 separate questions about how it should structure the program.
A bulk carrier transits through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama, on April 19.
BUSINESS / Economy
Aug 11, 2023
Drought-hit Panama Canal lets more unbooked ships pass
Around 70% of canal traffic comes from or goes to the U.S., where retailers like Walmart, Amazon and Target prep for winter holiday sales.
The impact of China's latest metal curbs will likely be limited, experts say, as the United States is already looking for alternative supply chains.
ASIA PACIFIC / Politics / ANALYSIS
Aug 11, 2023
China’s gallium curbs to have limited impact on U.S. defense
China said the recent export controls are necessary to safeguard national security, but experts believe this is a way for the country to hit back at U.S.
U.S. President Joe Biden in Washington on July 21. On Wednesday, Biden signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips, and require government notification in other technology sectors.
WORLD / Politics
Aug 10, 2023
Biden orders ban on U.S. investment in key Chinese technologies
The order restricts investments in semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.
Containers stored at the Yangshan Deep-Water Port in Shanghai in 2020
BUSINESS
Aug 9, 2023
Not decoupling, but West and China drift apart
Official data showed a 14.5% drop in July exports amid weak consumer demand in the world markets served by China — the fastest decline since the pandemic.
Trucks wait to cross South Africa’s border into Mozambique at Lebombo Border control in Komatipoort.
BUSINESS
Aug 7, 2023
Global demand for coal is bringing mayhem to South African towns
The trucks began running through in ever greater numbers after South Africa became one of Europe’s main alternatives to Russian coal.
The European Union on Thursday removed its import restrictions on Japanese food that had been in place since the nuclear accident in Fukushima Prefecture in 2011.
JAPAN
Aug 3, 2023
EU, Norway, Iceland lift post-Fukushima curbs on Japanese food
The EU, Norway and Iceland lifted import restrictions they imposed on food products from parts of Japan after the 2011 Fukushima nuclear plant disaster.
New Zealand Prime Minister Chris Hipkins (center) and others, as Britain signs the treaty to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, in Auckland on July 16.
BUSINESS / ANALYSIS
Aug 1, 2023
China entry into trans-Pacific trade pact faces political hurdles
China should be able to meet standards set out in the pact, experts say, forcing members to make a politically uncomfortable decision on letting it join.
Kazuyuki Tanioka, the owner of Japanese cuisine Toya restaurant, prepares fish a sashimi dish during an interview in Beijing on July 25.
BUSINESS
Jul 31, 2023
Japanese eateries in China fear ruin over Fukushima water release
Shortly after the 2011 disaster hit the Fukushima No. 1 plant, China banned the import of food and agricultural products from five Japanese prefectures.
Used cars to be shipped to Russia are parked at a port in the city of Toyama last August.
BUSINESS
Jul 28, 2023
Japan to expand Russia car export ban in line with G7 peers
The latest measure will cover new and used gasoline- and diesel-powered vehicles exceeding 1,900 cubic centimeters in engine capacity, as well as electric and hybrid vehicles.
The value of Japan's exports rose 1.5% in June, led by shipments of cars and construction machinery, government data shows.
BUSINESS / Economy
Jul 20, 2023
Japan’s surprise trade surplus comes with caveats for growth
Government report highlights vulnerabilities in the state of demand around the world and points to risks for Japan’s growth prospects.
A cargo vessel on the Sulina Channel en route to the Danube River, in Romania
WORLD
Jul 21, 2023
Ukraine grain relies on a river that’s drying up
A heatwave fanning across the southern part of Europe is lowering river levels and crimping export capacity, which will make shipping grain even more difficult.
The Central Business District on a rainy day in Beijing. Both U.S. and European companies with exposure to China could be hit by its sluggish growth as its post-COVID-19 momentum has faltered rapidly.
BUSINESS / Economy
Jul 21, 2023
China's sagging economy looms over quarterly results around the world
Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Japan Times
BUSINESS
Jul 23, 2023
Japan's export curbs on chip-making equipment to China take effect
The move has triggered a backlash from China, though Japan did not specify that the world's second-largest economy is the main target of the export restrictions.
Japan Times
ASIA PACIFIC
Jul 22, 2023
G7 and others ask China to stop North Korea sanctions evasion in its waters
The countries will provide satellite images that 'clearly indicates these practices continued to occur within China's jurisdiction in 2022 and have continued in 2023.'
Japan Times
BUSINESS
Jul 21, 2023
China briefs trade partners on new anti-espionage law
The law, which took effect this month, bans the transfer of any information related to national security and interests, without defining those terms.
Japan Times
JAPAN
Jul 21, 2023
China’s blanket testing for Japanese seafood affecting Japanese businesses
Seafood from five Japanese firms remains at Chinese customs, running the risk of a ¥100 million loss if they end up spoiling.
Japan Times
BUSINESS / Economy
Jul 21, 2023
China's sagging economy looms over quarterly results around the world
Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.

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