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  • April 18, 2014
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  1. Business - China Business - TRADE

    Debate in US over trade deficit with China heats up

    Posted Mar 20th 2014, 10:07am by Toh Han Shih

    ... be blamed, not just China." Last month, the US-China Business Council urged the US and China to complete negotiations over the Sino-US Bilateral Investment Treaty this year. Under this treaty, ... Chinese exports to the US would "inflict serious damage on US consumers and producers", Levy said. Willy Shih, a professor at Harvard Business School, said: "We need to learn from ...

    http://www.scmp.com/article/1453005/debate-us-over-trade-deficit-china-heats
  2. Business - China Business - TRADE

    Higher quality trumps higher prices at Canton Fair

    Posted Apr 18th 2014, 01:17am by Denise Tsang

    ... every spring and autumn for the past 57 years. Last year's spring fair attracted about 202,000 buyers and generated US$35.5 billion in transactions. The hard bargaining over prices seen ... said. The vertically integrated business model has helped cushion Yekalon from the impact of yuan appreciation on the demand for its products, as it has been able to earn revenue from services ...

    http://www.scmp.com/business/china-business/article/1486393/higher-quality-trumps-higher-prices-canton-fair
  3. Business - China Business - TRADE

    Cheaper yuan attracts Canton Fair buyers, but exporters won’t count on it

    Posted Apr 18th 2014, 09:31am by Denise Tsang

    ... to trade up to 2 per cent (from 1 per cent previously) above or below a reference rate against the US dollar that the central bank set each day. “[A lower yuan] will definitely attract more people ... economist Liu Ligang said. The current account surplus stood at US$50 billion at the end of last year. Mizuho Bank said it expects the yuan to depreciate in the short term but return to its usual ...

    http://www.scmp.com/business/china-business/article/1486680/cheaper-yuan-attracts-canton-fair-buyers-exporters-wont
  4. News - Asia - TRADE

    Trans-Pacific Partnership trade pact risks splitting Asean, Manila warns

    Posted Apr 11th 2014, 11:03pm by AP

    ... was hurting businesses and jobs, he said. Twelve nations, including the US and Japan, accounting for about 40 per cent of the global economy are negotiating the TPP. It aims to cut tariffs, ease ... Associated Press in Washington Manila says Trans-Pacific Partnership may cause resentment unless it includes all bloc's members US-backed trade pact seen as splitting Asean ...

    http://www.scmp.com/news/asia/article/1476989/trans-pacific-partnership-trade-pact-risks-splitting-asean-manila-warns
  5. Business - Economy - TRADE

    China returns to trade surplus as imports fall more than exports

    Posted Apr 10th 2014, 10:19am by Victoria Ruan

    ... in February. Imports slumped 11.3 per cent last month after growing 10.1 per cent in February, according to data issued by the customs bureau on Thursday. Trade reversed to a surplus of US$7.71 billion last month from a deficit of US$23 billion in February and a US$960 million deficit in March last year. Wang Jun, a senior researcher at the China Centre For International Economic Exchange, ...

    http://www.scmp.com/business/economy/article/1473167/china-returns-trade-surplus-imports-fall-more-exports
  6. Business - Economy - TRADE

    Japan and the United States face off in crucial trans-Pacific trade negotiations

    Posted Apr 09th 2014, 02:03pm by Reuters in Tokyo

    ... that bridging differences would be difficult. Tokyo and Washington are seeking a two-way trade deal, regarded as a key part of the US-led Trans-Pacific Partnership (TPP) that is the centrepiece of Washington’s push to increase its Asian presence, before US President Barack Obama travels to Japan for an April 24-25 state visit. “If there is good will on both sides we can make progress on bridging ...

    http://www.scmp.com/business/economy/article/1471263/japan-and-united-states-face-crucial-trans-pacific-trade
  7. Business - Economy - TRADE

    Market boom swinging south

    Posted Apr 07th 2014, 04:38am by Benjamin Robertson

    ... last year, the region is home to 600 million people, 8.8 per cent of the world's population, and has a consumer market worth US$1.2 trillion. But it is also plagued by corruption and outbreaks of political violence. Foreign investment in Asean's five founding members last year grew fivefold from 2001 to US$128.4 billion, according to a report by Chua. By comparison, China ...

    http://www.scmp.com/business/economy/article/1466604/market-boom-swinging-south
  8. Business - Economy - TRADE

    Overlooking services’ key role distorts trade picture

    Posted Apr 02nd 2014, 10:29am by PATRICK LOW

    ... by proximate one-off causes. Whatever the impending March data tells us, it will be less than we should know. While traditional monthly trade numbers do reveal something about how buoyant an economy is in the short term, they do not tell us enough to assess actual trade performance and its contribution to growth. These regular trade data releases from countries around the world do little to challenge ...

    http://www.scmp.com/business/economy/article/1463019/overlooking-services-key-role-distorts-trade-picture
  9. Business - Economy - TRADE

    EU set to offer to remove tariffs on nearly all imports from US

    Posted Feb 07th 2014, 03:49pm by Reuters

    ... tariffs on most US goods The European Union will offer to lift tariffs on nearly all goods imported from the United States as part of negotiations towards the world's largest free-trade deal, sources said. The offer would be made on Monday, a week before face-to-face talks between EU trade chief Karel De Gucht and his US counterpart Michael Froman in Washington, they said. The European ...

    http://www.scmp.com/business/economy/article/1422916/eu-set-offer-remove-tariffs-nearly-all-imports-us
  10. Business - Economy - TRADE

    Economic honeymoon between China and Germany fades

    Posted Mar 29th 2014, 01:13am by Reuters

    ... by 2015, a target that seemed ambitious but realistic at the time, given a 54 per cent surge to US$180 billion in the previous two years. Business ties were flourishing, exemplified by Chinese ... Reuters in Berlin Once close trading partners, China and Germany are now rethinking their business relationship and shifting their focus to other markets Economic honeymoon fades ...

    http://www.scmp.com/business/economy/article/1459897/economic-honeymoon-between-china-and-germany-fades

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