International Trade

Apple Watch not yet setting Chinese pulses racing

Reuters | March 10, 2015 | International Trade

Apple Inc had China front and centre at the San Francisco launch of its smart Apple Watch, trumpeting a new store in Hangzhou city and demo-ing hit Chinese messaging app WeChat. Read More »

Indonesia to impose anti-dumping import duties to strengthen rupiah

Reuters | March 10, 2015 | International Trade

Indonesia will impose a series of regulations, including temporary anti-dumping import duties, to help narrow the current account deficit and prop up a weakening rupiah in Southeast Asia's largest economy, the finance minister said. Read More »

China to launch Guangdong free trade zone

Reuters | March 10, 2015 | International Trade

China plans to launch the Guangdong free trade zone (FTZ) on March 18, less than two years after its Shanghai FTZ was rolled out, according to a trade association in the province. Read More »

Germany’s Boehringer loses India patent on lung drug to Cipla

Reuters | March 10, 2015 | International Trade

India has revoked a patent on German pharmaceutical company Boehringer Ingelheim's lung drug Spiriva and ruled in favor of domestic drugmaker Cipla Ltd , in the latest setback for a multinational drugmaker operating in India. Read More »

Indian state’s beef ban to boost chicken sales

Reuters | March 10, 2015 | International Trade

Poultry firms expect demand to pick up after a ban on beef in India's western state of Maharashtra, with other states ruled by Prime Minister Narendra Modi's Hindu nationalist party also aiming to toughen laws on livestock slaughter. Read More »

Delayed trade bill no impediment to Pacific deal

Reuters | March 09, 2015 | International Trade

A delay in finalizing legislation to streamline the passage of trade deals through the U.S. Congress should not push back the timetable for completing a Pacific trade deal, a senior State Department official said. Read More »

Tesla shedding jobs in China as sales target missed

Reuters | March 09, 2015 | International Trade

High-end electric vehicle maker Tesla Motors Inc said it is cutting jobs in China under a restructuring plan launched earlier this year, after missing a sales target in the world's biggest car market. Read More »

Washington still not satisfied with China’s currency policies

Reuters | March 09, 2015 | International Trade

Washington called on China to more swiftly adopt policy changes that would allow market forces to determine the value of its currency. Read More »

Chicken growers set to pay price for no-antibiotic McNugget

Reuters | March 09, 2015 | International Trade

McDonald's Corp's decision last week to phase out human antibiotics from its U.S. chicken supply will add to costs of production in a tight-margin business that are likely to be borne mostly by poultry companies. Read More »

Game of drones: As US. dithers, rivals get a head start

Reuters | March 09, 2015 | International Trade

Drones, or unmanned aerial vehicles (UAVs), are a hot ticket in Silicon Valley, but U.S. government dithering over regulations has given overseas companies a head-start in figuring out how best to exploit them. Read More »

Taiwan February exports disappoint, but cheaper imports may help economy

Reuters | March 09, 2015 | International Trade

Taiwan's exports fell more than expected last month as the Lunar New Year holiday shortened the number of working days at factories and weaker commodity prices hit trade. Read More »

China’s commodity imports slow in February amid annual holiday

Reuters | March 09, 2015 | International Trade

China's imports of commodities eased again in February, as the Lunar New Year holiday week took a bite out of shipping volumes, preliminary customs data showed. Read More »

China steel exports plunge in February after tax changes

Reuters | March 09, 2015 | International Trade

Steel exports from top producer China fell sharply in February, indicating that Beijing's attempt to curb surging overseas sales by cancelling tax rebates on boron-added steel may have started to bear fruit. Read More »

Chemical tankers group protest Panama Canal rebates that only benefit containerships

AJOT | March 09, 2015 | Energy | International Trade | Ports & Terminals | Canal and Waterway

According to London’s Tanker Operator, the International Parcel Tankers Association (IPTA) has protested the Panama Canal "loyalty scheme" for containerships transiting the canal. Read More »

Exports jump in China, but slide in imports signals economic weakness

Reuters | March 09, 2015 | International Trade

China's exports picked up in the first two months of 2015, propelled by February's exceptionally strong performance that was inflated by the timing of Lunar New Year, while a slide in imports pointed to persistent weakness in the economy. Read More »

China says aims to finish Asian free-trade talks by December

Reuters | March 09, 2015 | International Trade

China hopes to finish talks on creating an Asian free-trade bloc estimated to cover 28 percent of the world economy by the end of this year, the country's trade minister said. Read More »

Brazil and Mexico keep auto export quotas unchanged

Reuters | March 09, 2015 | International Trade

Brazil and Mexico agreed to keep a cap on their bilateral auto trade nearly unchanged, in a victory for the South American nation to shield its struggling car industry and limit its trade deficit. Read More »

German exports post biggest drop in five months in January

Reuters | March 09, 2015 | International Trade

German exports fell by the largest amount in five months in January, dropping more than forecast and putting a slight damper on the outlook for Europe's largest economy, though economists said a weak euro and cheap oil would help in the months ahead. Read More »

EU set to impose duties on Chinese, Taiwan stainless steel

Reuters | March 09, 2015 | International Trade

The European Union will impose anti-dumping duties later this month on imports of stainless steel cold-rolled sheet from China and Taiwan, according to two sources familiar with a European Commission proposal. Read More »

California exports outpace Nation despite port labor dispute

AJOT | March 09, 2015 | International Trade

Despite labor strife that reportedly stymied trade through West Coast seaports in January, California’s export trade actually fared better than the nation as a whole that month, according to Beacon Economics’ analysis of foreign trade data newly released by the U.S. Commerce Department. Read More »