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News About World Trade
July 25, 2014
China's Xi eyes increased investment in Cuba
Havana (AFP) July 22, 2014
Chinese President Xi Jinping visited Cuba on Tuesday to expand investment in the fellow communist nation, his last stop on a four-country Latin American charm offensive. Cuba, the only one-party communist state in the Americas, began opening up its economy in 2008, but has not grown as much as hoped and could desperately use more Chinese investment. Xi for his part has made a point during his tour of reaching out to countries often shunned by US and European investors, including Venezuela and Ar ... read more

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Satellite Services supplies on-board sub-systems for smallsats and microsats.
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Failed Marx letter sale disappoints Chinese capitalists
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China's Xi signs Venezuela resource deals on LatAm blitz
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China leader signs Brazil deals on Latin America trip
China's president pressed a charm offensive with Latin America on Thursday, signing deals with Brazil and meeting with regional leaders in a trip highlighting Beijing's bid to compete with the United States. ... more
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China's Xi hails 'new horizons' in ties with Argentina
Relations between Argentina and China are poised to reach unprecedented "new horizons," Chinese President Xi Jinping told lawmakers in Buenos Aires during a summit visit Saturday. ... more
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China court pledges 'open trial' of foreign investigators
The Shanghai court that will try two foreign investigators linked to the bribery case of drugmaker GlaxoSmithKline (GSK) in China said Thursday it will hold an open trial, following diplomatic and family protests. ... more
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BRICS bank will reduce Western dominance: China media
Chinese media on Wednesday hailed the creation of the BRICS development bank, to be based in Shanghai, blaming Western countries and multilateral agencies for flaws in the global financial system. ... more
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Chinese leader seeks to woo Latin America
Chinese President Xi Jinping presses a charm offensive with Latin American leaders on Thursday, highlighting Beijing's growing interest in a resource-rich region traditionally considered the backyard of the United States. ... more
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China's Alibaba stalks banks with investment product
As Chinese e-commerce giant Alibaba expands beyond online retail, it is shaking up staid state banks - and drawing regulators' attentions - after 100 million customers poured more than $90 billion into its investment product. ... more
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WTO says US anti-dumping duties on Chinese products wrong
Beijing won a key victory Monday in a trade dispute with Washington, as a WTO panel said the United States was wrong to slap punitive duties on a host of Chinese goods. ... more
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China's leader Xi departs for South America visit
Chinese President Xi Jinping on Sunday departed for a visit to four South American countries, including Brazil, to build ties in a resource-rich region traditionally considered the backyard of the United States. ... more
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Samsung finds 'evidence' of child labour at China plant
Samsung said Monday it temporarily suspended business with one of its suppliers in China over the suspected use of child workers, following criticism that its monitoring of illegal labour practices was ineffective. ... more
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China's economy on track as June trade surplus jumps
China's monthly trade surplus jumped 16.4 percent in June to $31.6 billion, official data showed Thursday, as exports and imports both rose in the latest sign of recovering strength in the world's second-largest economy. ... more
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Maersk in shipping alliance with MSC after Chinese snub
A.P. Moeller-Maersk Thursday announced an alliance with shipping company MSC on some of the world's busiest cargo routes after China scuppered a planned tie-up between the two companies and CMA. ... more
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Economic giants China and US talk trade
The US and China discussed trade and business concerns Thursday - with currencies and property rights among the thorny issues on the agenda - as the world's two biggest economies held wide-ranging annual talks. ... more
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Tesla slams China trademark action
Electric carmaker Tesla on Wednesday denounced a Chinese businessman's lawsuit seeking millions of dollars for alleged trademark infringement as an attempt to "steal" its property and "without any conceivable merit". ... more
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Canal route in Nicaragua raises concerns over lake
Now that Nicaragua has picked a path for a Chinese firm to dig a canal connecting the Caribbean and the Pacific, environmentalists are worried about a huge lake on the route. ... more
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China's Wanda to build $900 million complex in Chicago
China's Wanda Group, controlled by the country's richest man Wang Jianlin, says it will invest $900 million in a five-star hotel and apartment complex in Chicago, as it acquires more assets in the US. ... more
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Japan posts fourth straight current account surplus in May
Japan recorded a current account surplus for the fourth straight month in May, government data showed Tuesday, as the country's trade shortfall narrowed. ... more
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Russian accused of hacking US retailers held for trial
A Russian national accused of hacking into US retail computer systems was arrested and ordered to face criminal charges, officials said Monday. ... more
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China, Germany in auto, aircraft deals as Merkel visits
China and Germany signed a series of trade and investment deals on Monday during a visit by Chancellor Angela Merkel, including agreements on two new Volkswagen factories and the sale of 123 Airbus helicopters. ... more
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US to push China to break IT deadlock at Beijing talks
The United States wants China to break a logjam over a proposed WTO information technology pact in annual bilateral talks this week, the top US trade envoy said Monday. ... more
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China president heading to South America for BRICS summit
China's President Xi Jinping will visit South American nations including Brazil next week, where he will meet India's new prime minister for the first time before heading to Communist ally Cuba. ... more
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Switzerland gets the edge on EU with China trade deal
Switzerland has one-upped its European Union neighbours with a free trade deal with China that its politicians and business sector say is crucial to boosting ties with the world's second-largest economy. ... more
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Merkel heads to China, with corporate chiefs in tow
German Chancellor Angela Merkel heads to China this weekend for her seventh visit, eager to deepen trade and investment ties between the export powerhouses of Europe and Asia. ... more
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China's trade policies still too opaque: WTO members
World Trade Organization member states on Thursday urged China to make its trade policies more transparent amid a "striking" lack of clarity on its rules. ... more
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Israeli inventor says chemical scanner will change the way we shop
Want to know what strange chemicals are in your Subway sub roll? Soon, consumers won't necessarily need to rely on investigative journalists or public safety advocates to find out that there's yoga mat plastic in their sandwich. They can just use the SCiO. ... more
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