The WTO agreed with complaints by the US, EU and Canada that China violated trade rules with tariffs placed on auto parts.
The three complainants said the surcharge, equivalent to the tariff on imports of complete cars, exceeded China’s permitted tariff ceiling for car parts and broke WTO rules. The duty on complete cars is typically [...]
WTO Rules Against Beijing
Alibaba Group - Dominating E-Commerce In China
I wrote back in May about Alibaba Group and its many well positioned assets that make this still private company one to watch as it is highly unlikely that anyone will beat them.
Pacific Epoch has shared the latest China Internet Network Information Center (CNNIC) online shopping statistics for 1H-08 and Alibaba Group’s Taobao.com continues to [...]
Trade Media Is…?
I am often asked what is trade media? What industry do you serve?
Simply, trade media is the underlying media supporting global trade. From bricks-and-mortar publishing and online sourcing communities to large export-oriented trade events as well as the many third-party services supporting an international trade transaction - all of these businesses are involved in trade [...]
Trade Media Trends: Tough Sales Period
For those of you involved in import-export, you are definitely feeling the pain as global economies continue to punish us with a low value U.S. dollar and swelling inflation.
For many trade media companies, this is also proving to be an incredibly tough sales period. While speaking with one of TradeMediaBlog’s partners, they admitted that they [...]
China Inflation Concerns
China’s National Statistics Bureau released data this week showing that inflation grew by 8.5% in April which is its highest level in nearly 10 years.
As a reminder, February’s inflation rate was 8.7%, the highest in 12 years, and March was 8.3%.
The government is doing its best to cool this trend by:
1. Requiring banks to set [...]
Walmart Forces RFID Compliance
Walmart has announced that any supplier failing to tag their shipments with RFID tags will be fined 2$ a pallet. Walmart has been experimenting with the use of RFID in stores and warehouses since 2004. The original announcement led to a huge amount of buzz in both the technology and supply chain industries.
However, it seems [...]
103rd Canton Fair - News & Commentary
The Canton Fair, one of the world’s largest and most comprehensive trade shows, opened its 103rd session April 14th in Guangzhou, China.
This year’s event (and almost every year) is said to be the ‘biggest and best’ with ever increasing numbers of exhibitors and expected attendees.
However, SCMP.com and our good friend, Paul Woodward, have reported that [...]
Predicting the Future of Trade
Perhaps one of the biggest untapped resources owned by trade marketplaces is their potential to monitor and even predict trade trends. While most sites do not support online transactions, trends in inquiries through their platforms and shifts in the listed products can tell us a lot.
On a macro basis, the data could be ‘mined’ [...]
Tough Rules For U.S. Toy Industry (Update)
Further to my April 3rd post, Washington state Governor Chris Gregoire signed into law the toughest toy law in the United States.
The law will dramatically cut the amount of lead, cadmium and phthalates, a commonly used plasticizing chemical, allowed in children’s toys, cosmetics, jewelry, teething items and car seats made or sold in the state.
The [...]
Tough Rules For U.S. Toy Industry
Officials in the state of Washington recently passed a bill that could set the toughest restrictions on lead content in toys/children’s products for the United States.
The bill reduces lead content allowable in toys/children’s products to 90 parts per million for some products and 40 parts per million for others. This may not seem dramatic but [...]
Trade News
- Examine the Production & Market of Pentaerythritol in China - MarketWatch
- Toll of Tanger Med - Port Strategy
- China Exim bank to launch retail sale tomorrow for 3 bln yuan bond ... - Forbes
- GAC sets up ship agency base in Algeria - Al-Bawaba
- Bornemann Certified as an Authorized Economic Operator (AEO) - Impeller.net (press release)
- A Report on the Chinese Textile & Garment Industry 2007: Including ... - MarketWatch
- Repertory cinemas - The Gazette (Montreal)
- No takers for fuel prices export parity regime - Hindu Business Line
More Trade News
- HP Revenues Up 10%
- Millions Strike in India Over inflation, 'Anti-Worker' Policies
- Goodyear to Close 92 Retail Stores
- Ericsson, STMicroelectronics Merge Semi-Conductors, Mobile Platforms
- Manufacturing Top Contributor to South Africa's Strong Growth
- Stanford School of Engineering to Study Process of Innovation
- Frito-Lay Plants Join EPA's National Environmental Performance Track Program
- Ciba Posts First-half Loss
About Us
- News, commentary and discussion of global trade media and trade issues.
Blogroll
- 2.6 Billion - China and India related trade issues
- All Roads Lead to China - China Trade and Business Commentary
- BSG Asia - A specialist business intelligence and consultancy focused on media in the Asia Pacific region.
- China Law Blog - Business Law in China from Harris & Moure
- China Supply Chain Council - Logistics, Sourcing, Procurement and Supply China Management in China
- Crossroads - A review of corporate social responsibility in China
- The China Vortex - Internet, Marketing, Advertising in China