International Trade

Wal-Mart invests in Chinese e-commerce firm

AJOT | January 03, 2011 | International Trade

Wal-Mart Stores Inc , the world's largest retailer, has invested in China's top online seller of consumer electronics and communication products, in a push to extend its reach to more Chinese buyers.

Chinese online business-to-consumer (B2C) company 3 Read More »

Meat, agriculture unresolved in Russia WTO bid

AJOT | December 20, 2010 | International Trade

Russia's 17-year bid to join the World Trade Organisation still hinges on agreements being reached on meat imports and agricultural subsidies, Moscow's WTO negotiator Maxim Medvedkov said.

Russia hopes to finally join the 153-member trade body next ye Read More »

EU Commission wins more power on trade tariff moves

AJOT | December 20, 2010 | International Trade

European Union lawmakers approved a voting reform that shifts power over decisions on import tariffs worth millions of euros away from national governments to EU institutions.

The move ends a year of divisive debate over whether to empower the executi Read More »

India Jan naphtha exports may rise 6% on higher output

AJOT | December 20, 2010 | International Trade

India's January naphtha exports are expected to rise about 6 percent versus December as overall refinery output is anticipated to increase, industry sources said.

Traders are expecting January exports to be around 850,000 tons, higher than the 800,000 Read More »

EU, Mercosur trade talks going well

AJOT | December 20, 2010 | International Trade

Trade talks between the European Union and South American trade bloc Mercosur to create the world's largest free trade zone are going well and could conclude by mid-2011, Brazil's foreign minister said.

In May the two sides re-launched talks that had Read More »

China rare earths exports double in November

AJOT | December 20, 2010 | International Trade

China's monthly exports of rare earth metals more than doubled in November to 2,090 tonnes, bouncing back after falling by more than three-quarters in October, data supplied by China Customs Statistics Information Centre (HK)

While the monthly volume Read More »

US politics could slow Russian WTO bid

AJOT | December 16, 2010 | International Trade

U.S. politics may again delay Russia's accession to the World Trade Organisation as the White House struggles to get Congress to repeal Cold War trade rules, the head of the top U.S. business lobby in Russia said.

A U.S.-Russia bilateral deal is one o Read More »

WTO panel upholds U.S. duty on Chinese tires

AJOT | December 16, 2010 | International Trade

The United States was entitled to impose extra safeguard duties on Chinese tires, a World Trade Organization dispute panel said in a ruling published, rejecting a Chinese complaint.

The dispute contrasted the commitments of governments to fight protec Read More »

WTO to help Russia’s image, hurt its manufacturers

AJOT | December 16, 2010 | International Trade

Russia's long-awaited WTO entry is set to boost investor sentiment but also push domestic manufacturers into a painful struggle to shape up against global competition that could take them years.

After 17 years of talks, Moscow hopes to join the World Read More »

Steel exports edge up in October on improved demand in NAFTA Region

AJOT | December 16, 2010 | International Trade

Exports of steel increased in October by 0.7% over September according to government data. 'Exports in October were essentially unchanged, with a 16.3% increase in exports to Mexico the primary reason for the small increase,' said David Phelps, president Read More »

McDonald’s to double China restaurants by 2013

AJOT | December 16, 2010 | International Trade

McDonald's Corp plans to double the number of its restaurants in China to 2,000 by 2013, a senior executive said as it speeds up expansion in the fastest growing major economy.

The top global fast food chain, which opened its first outlet in the south Read More »

China bans poultry, product imports from Canada province

AJOT | December 16, 2010 | International Trade

China banned poultry and poultry product imports from a province in Canada after an outbreak of bird flu there, the General Administration of Quality Supervision, Inspection and Quarantine said in a statement.

A low-pathogenic H5N2 bird flu outbreak w Read More »

China’s Wafangdian Bearing to set up India arm

AJOT | December 16, 2010 | International Trade

China's Wafangdian Bearing , which makes ZWZ branded bearings, plans to set up operations in India and expand in the $2 billion Indian bearings market, it said. Read More »

AAFA hails House passage of trade bill

AJOT | December 16, 2010 | International Trade

The American Apparel & Footwear Association (AAFA) praised the U.S. House of Representatives for quickly passing the Omnibus Trade Act of 2010 (H.R. 6517). The Omnibus Trade Act of 2010 would renew several trade preference programs and woul Read More »

US Senate bill would limit entry of China poultry

AJOT | December 16, 2010 | International Trade

The United States would restrict entry of poultry products from China as part of a Senate spending bill assembled at the same time U.S. and Chinese officials met to resolve trade disputes.

The language was similar to restrictions adopted a year ago. S Read More »

China’s 2010 foreign trade to exceed $2.9 trillion

AJOT | December 16, 2010 | International Trade

China's foreign trade is expected to surpass $2.9 trillion this year due to a sharp rebound in imports and exports, the country's commerce minister was quoted as saying.

Chen Deming, cited in an interview with the official Xinhua news agency, said he Read More »

Key outcomes of U.S.-China trade talks

AJOT | December 16, 2010 | International Trade

The United States and China concluded wide-ranging trade talks on agriculture, software and other issues.

Here is a summary that incorporates some closing remarks made by U.S. and Chinese officials: Read More »

India allows some sugar exports, trade expects more

AJOT | December 16, 2010 | International Trade

India will allow unrestricted exports of 500,000 tons of sugar, the farm minister said on Wednesday, helping global prices ease as the market expects more overseas sales as the country swings back to a surplus.

"The modalities will be worked out in th Read More »

China PM on India charm offensive, offers trade boost

AJOT | December 16, 2010 | International Trade

Chinese Premier Wen Jiabao pressed on with a charm offensive in India, offering support for New Delhi's bid for a greater role in the United Nations and agreeing on an ambitious target of $100 billion in trade between the rising Asian powers by 2015. Read More »

China to raise rare earth export tariffs in 2011

AJOT | December 13, 2010 | International Trade

China plans to raise export taxes on some rare earths in its annual adjustment of import and export taxes that takes effect on Jan 1, the Ministry of Finance said.

China will keep low import tariffs on 600 important materials and components while cont Read More »