Forget calculus, algebra and simple arithmetic.
When it comes to calculating trade, you need a whole new understanding of value to make the mathematics work in a world where a notional US$425 export from China is, in fact, worth only US$21 to the country.Thursday, 6 March, 2014, 4:35am 1 comment
Some of the top investment bankers in Hong Kong have chosen to leave a high-flying career in the financial industry and return to more traditional businesses, such as real estate and trade, fuelling doubts about the attractiveness of investment banking jobs in the future.26 Aug 2013 - 6:58am
A group of free-trade-oriented northern European nations urged the EU's trade chief on Friday to defuse a growing dispute with Beijing or risk action that could choke exports.16 Jun 2013 - 7:45am 1 comment
Although the Chinese and US presidents heralded a "new model" of co-operation at their weekend summit, a growing competition looks more likely. The whirlwind of activity before Barack Obama hosted Xi Jinping in the California desert revealed that Beijing's and Washington's sights are set on a similar prize - and face differing challenges to attain it.14 Jun 2013 - 3:49am
French President Francois Hollande said yesterday that the European Union must work with China, and called for a balanced resolution to an escalating trade dispute that began with solar panels but has since spread to European wines and cars.9 Jun 2013 - 8:46am
Exports in May rose by 1 per cent to US$182.8 billion from the same month last year, according to customs data released yesterday. The growth was far below the 14.7 per cent increase in April and also well below the 7.4 per cent estimate of economists polled by Bloomberg.9 Jun 2013 - 6:34am
Germany told the European Commission yesterday that it rejected a proposal to slap tariffs on Chinese solar panel imports. Chancellor Dr Angela Merkel had pledged earlier during a visit by Premier Li Keqiang to take steps to avoid a brewing trade war between China and the European Union.28 May 2013 - 8:47am
China and Norway are close to the "final stage" of negotiations for a free-trade agreement, after talks were suspended for about two years following the awarding of the Nobel Peace Prize to dissident Liu Xiaobo .
Assistant Commerce Minister Yu Jianhua said in Beijing yesterday that the two nations were negotiating on the trade deal, but did not give a time frame for its completion.28 May 2013 - 4:18am
German Chancellor Angela Merkel and Chinese Premier Li Keqiang have both called for an end to a trade row between Europe and China over solar panels and wireless equipment, telling a joint news conference they were both for free trade.27 May 2013 - 4:42pm 1 comment
The fact that Li Keqiang made India his first port of call as premier was imbued with significance. It was given definition when he told his hosts that "world peace … cannot be a reality without strategic trust between [Asia's giants]". In highlighting the connection, Li exposed India's need for "strategic trust" - that is, abiding and overall confidence - in China's leadership.25 May 2013 - 5:27am