Tag - trade

 
 

TRADE

An event to promote wagyu beef is held in New York on Sunday.
JAPAN
Jul 22, 2024
Japan targets beef exports with wagyu promotional event in New York
Japan's beef exports to the U.S. rose 1.6% in 2023 from the previous year making it the country's second-largest beef export market after Taiwan.
The U.S. and its allies have accused China of supporting Russia's war in Ukraine, in part by exporting parts and equipment needed by Moscow's weapons makers, including semiconductors.
BUSINESS / Tech
Jul 22, 2024
Illicit chip flows to Russia seen slowing in China
Both mainland China and Hong Kong are seen by the U.S. government as key global nodes for Russia to source materials for its military.
The No. 1 reactor building stands at Korea Hydro & Nuclear Power Co.'s Shin-Kori nuclear power plant in Ulsan, South Korea.
BUSINESS
Jul 21, 2024
South Korea edges ahead of rivals to build Europe’s nuclear reactors
A pair of projects in the Czech Republic could set up South Korea to build reactors for Western countries that are reconsidering nuclear energy.
U.S. pressure to slow Beijing’s advances in making semiconductors led the Netherlands to ban exports to China of ASML’s second-most advanced category of machinery at the start of the year. But ASML continues to service machines that were bought before the restrictions were in place.
BUSINESS / Companies
Jul 18, 2024
ASML falls as outlook clouded by risk of U.S. export curbs
ASML shares plunged 11% in Amsterdam on Wednesday to €870.90 ($952), wiping out €42.7 billion of market value — its biggest decline since March 2020.
Japan’s exports grew for a seventh consecutive month in June, government data has shown.
BUSINESS / Economy
Jul 18, 2024
Japan’s exports rise for seventh month, supporting growth
Exports gained 5.4% in June from a year ago, led by chip-making gear and nonferrous metals.
Former U.S. President and 2024 Republican presidential candidate Donald Trump speaks to his vice presidential pick, Sen. J.D. Vance, during the second day of the Republican National Convention in Milwaukee, Wisconsin, on Tuesday.
WORLD / Politics / FOCUS
Jul 17, 2024
Trump's VP pick signals stronger focus on China
J.D. Vance represents a hardening of Trump’s “America First” stance, but could also help push a tougher line on China and support for democratic Taiwan.
Britain's Business, Energy and Industrial Strategy Secretary Jonathan Reynolds leaves at the end of a cabinet meeting at 10 Downing Street in London on July 9.
BUSINESS
Jul 17, 2024
New British trade minister optimistic EU trade barriers can be eased
While the newly elected Labour Party has pledged not to reopen the U.K.'s Brexit deal, it is aiming for a new agreement to reduce border checks on animal products.
The production plant of GCL Technology in Xuzhou, Jiangsu province, China, on July 2
BUSINESS / Economy
Jul 16, 2024
Xi Jinping’s great economic rewiring is cushioning China’s slowdown
Tech advances and a resulting export boom have helped to keep economic growth within reach of its targeted pace of around 5%.
Prime Minister Fumio Kishida and German Chancellor Olaf Scholz speak to reporters in Berlin on Friday.
JAPAN / Politics / ANALYSIS
Jul 13, 2024
Japanese and German leaders deepen ties with new economic security framework
Prime Minister Fumio Kishida and German Chancellor Olaz Scholz agreed on the new mechanism during the Japanese leader's first visit to the country as PM.
Li Genyuan stands by his wheat fields, which form part of an experiment to turn salty land into arable land, in Nanliuhe village, Shandong province, China, in May. Having returned to farming after working for a decade in construction and textiles, he now manages about 67 hectares of fields where corn and soybeans are also grown.
ASIA PACIFIC
Jul 12, 2024
Xi’s campaign to feed China is turning wasteland into farms
The Chinese president has placed increased emphasis on self-reliance as ties with the West fray and climate change disrupts harvests.
Foreign Minister Yoko Kamikawa (center-left) meets with Samoan Prime Minister Afioga Fiame Naomi Mata’afa (center-right) in Samoa in February. Like other Pacific island and Global South states, Samoa is caught in the crossfire of the U.S.-China rivalry.
COMMENTARY / Japan / Geoeconomic Briefing
Jul 11, 2024
Japan can help Global South navigate U.S.-China clash
As Washington and Beijing adopt more inward-looking foreign policies, Japan can be a bridge to Global South countries, whose main concerns are security and growth.
Japan's excessive dependence on certain countries for chip imports is a risk to supply networks, government white paper has warned.
BUSINESS / Economy
Jul 9, 2024
Government white paper flags Japan's risks of import dependencies
The paper stressed the importance of import source diversification, to prevent excessive dependence that poses a risk to supply networks.
A bull statue stands outside the Shenzhen Stock Exchange building in Shenzhen in September 2019.
BUSINESS / Markets
Jul 9, 2024
China’s plenum promises cues for commodity bulls and bears
China is the world’s biggest importer of commodities and its dominant supplier of clean energy, so decisions taken in Beijing ripple across the world.
BYD electric vehicles before being loaded onto the "BYD Explorer No.1" roll-on, roll-off vehicle carrier in Jiangsu province, China, on April 25.
BUSINESS / Markets
Jul 5, 2024
China-built EVs hit with duties in biggest EU trade case yet
The tariffs remain provisional while intensive talks continue between Chinese and EU officials as Beijing threatens wide-ranging retaliation on European products.
Chinese EV-maker Nio’s Onvo L60 SUV is unveiled in Shanghai in May. As an EV powerhouse, China should share the fruits of its success with the rest of the world.
COMMENTARY / World
Jul 3, 2024
Easy solutions to EU-China tariff dispute
The EU should see the futility of tariffs on Chinese EVs, and China should not retaliate but instead share the fruits of its success in building up its auto sector.
The right-wing slogan “Make Europe Great Again” — a play on Donald Trump’s campaign slogan — is gaining prominence in European politics.
COMMENTARY / Japan
Jul 3, 2024
‘Make Europe Great Again’ is becoming 'MEGA.' Should Japan worry?
The right-wing "Make Europe Great Again" movement is gaining traction, but Japan shouldn't put it in the same box as its more problematic cousin, MAGA, in the U.S.
A Chinese worker organizes plastic doll heads after painting them at a toy factory in Xietang, Zhejiang Province, China, in 2015.
BUSINESS / Markets
Jul 2, 2024
China’s plastics boom is set to create another trade headache
Parts of the country’s sprawling petrochemicals sector are running at as little as half capacity as producers cut back.
Canada Day is held on July 1 to mark Canada’s founding in 1867. This year, the country celebrates its 157th anniversary among resounding successes and tough challenges at home and abroad.
COMMENTARY / World
Jul 1, 2024
Canada at 157: Lots to celebrate, but also to rethink
At 157, Canada is stable and prosperous, but cracks are starting to form. Its citizens think politicians are out of touch and the country holds little sway abroad.
Chinese leader Xi Jinping with French President Emmanuel Macron in France in May. As part of a charm offensive, Xi visited France and other European countries in the spring.
COMMENTARY / Japan / Geoeconomic Briefing
Jul 1, 2024
Expectations vs. reality of Xi Jinping's charm offensive
Beijing is trying to win back favor in several countries to tackle its economic woes, with Xi courting bilateral relations with leaders in Europe and beyond.
Workers transport soil containing rare-earth elements for export at a port in Lianyungang, China, in October 2010.
BUSINESS
Jun 30, 2024
China issues rare-earth regulations to further protect domestic supply
The rules focus on the mining, smelting and trade in the critical materials used to make products from magnets in electric vehicles to consumer electronics.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?