AJOT Digital Edition | Issue #577

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Northeast Ports

Export-Import Bank

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2014 Media Kit

International Trade

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Could China face a WTO dispute over rare earths?

AJOT | October 31, 2010 | International Trade

Businesses in Japan, the United States and European Union are crying foul over cuts in China's export quotas of rare earths and calling on their governments to sue Beijing at the World Trade Organization.

China, which currently has a near-monopoly in Read More »

China rejects U.S. corn cargo, citing GMOs

AJOT | October 31, 2010 | International Trade

China has rejected a cargo of U.S. corn after finding it contained an unsanctioned genetically modified strain, two sources familiar with the situation said on Friday.

"China only allows 11 varieties of GM corn to be imported to the country, and the c Read More »

China says rare earths no

AJOT | October 27, 2010 | International Trade

China will not use its dominance of global rare earths supplies as a "bargaining tool" with foreign economies, a spokesman for the country's Ministry of Industry and Information Technology said. Read More »

Retailers look beyond BRICs for growth

AJOT | October 27, 2010 | International Trade

Retailers are looking beyond the big emerging markets of Brazil, Russia, India and China (BRICs) as they hunt for growth amid signs that spending in U.S. and western European markets will remain subdued for some time.

Executives and economist Read More »

Six US companies win Sudan farming export licences

AJOT | October 27, 2010 | International Trade

Six U.S. firms have won export licences to Sudan under an easing of sanctions on the agriculture sector, a major step forward to create large-scale mechanised farms, the head of Sudan's largest sugar firm said.

Kenana Managing Director Mohame Read More »

EU investigates Chinese screw exports via Malaysia

AJOT | October 27, 2010 | International Trade

The European Union's executive has begun investigating whether Chinese exporters are using Malaysia as an illegal transhipment hub to evade EU import duties on steel screws and bolts, the EU said.

"The (EU executive) Commission has at its dis Read More »

EU launches five-year tariff on Chinese car wheels

AJOT | October 27, 2010 | International Trade

The European Union has imposed five-year tariffs on Chinese aluminium car wheels it says are being dumped on the EU market, it said.

The 22.3 percent duty comes despite fierce political lobbying and opposition from EU car makers who import th Read More »

Brazil wants IMF-led FX manipulation index

AJOT | October 27, 2010 | International Trade

Brazil's Finance Minister Guido Mantega will propose at the Group of 20 nations meeting next month that the International Monetary Fund create an index measuring currency manipulation, local media reported.

The idea is to identify who is keep Read More »

Hawaiian coffee wins prize in EU anti-piracy push

AJOT | October 26, 2010 | International Trade

A gourmet coffee from the island of Hawaii won an European prize for top quality foods on Saturday as part of Europe's efforts to bolster the global use of prestigious place names like Champagne, Parma or Roquefort. Read More »

Japan, India agree on tighter ties amid China risk

AJOT | October 26, 2010 | International Trade

Japan and India pledged closer strategic ties between Asia's second and third biggest economies in talks on Monday, as Tokyo struggles to offset the risk of its growing dependence on giant rival China.

Trade and investment flows with India ha Read More »

G20 has to show compromise FX pact packs meaning

AJOT | October 26, 2010 | International Trade

Excited talk of currency wars has given way to an uneasy truce, but what has so far been a phoney war could yet break out into outright hostilities.

For the statement thrashed out among finance ministers of the Group of 20 leading economies i Read More »

GE lands $750 million Indian gas turbine order

AJOT | October 26, 2010 | International Trade

General Electric Co said it won a $750 million contract to supply gas-fired electric turbines to India's Reliance Power Ltd .

The turbines will be part of a 2,400-megawatt expansion of an existing power plant in the Samalkot region of India. Read More »

France says G20 move a step to global forex reform

AJOT | October 26, 2010 | International Trade

Recent moves by the G20 averted a currency war and took a first step toward a reform of the international monetary system which will be examined under France's G20 presidency, Economy Minister Christine Lagarde said.

Lagarde said that under t Read More »

EU plans temporary duty on Chinese glossy paper

AJOT | October 26, 2010 | International Trade

The European Commission plans import duties of up to 39.1 percent on Chinese-made glossy paper it says is being dumped on the EU market, escalating trade tensions with China, EU diplomats said.

Indonesian paper giant Asia Pulp and Paper (APP) Read More »

Retailers eye M&A, emerging markets to spur growth

AJOT | October 26, 2010 | International Trade

Retailers in the United States and Europe must consolidate and invest in emerging markets and innovation or risk stagnating in an environment where domestic demand will remain subdued for years, industry leaders said.

Executives and economist Read More »

Wal-Mart

AJOT | October 26, 2010 | International Trade

Wal-Mart , the world's largest retailer, expects India to open up foreign direct investment in multi-brand retail given the positive tone coming from government officials, its chief executive said.

India's $450-billion retail sector, with org Read More »

Global protectionism threatens EU recovery

AJOT | October 26, 2010 | International Trade

Russian import restrictions and similar moves by China, Brazil and Argentina threaten to hold back European economic recovery, an EU Commission study published, but Europe plans to fight back.

Europe's major trading partners have imposed or p Read More »

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