World Trade Organisation

Prices of rare earths to fall on rising supply and possible Chinese undercutting

China is the world's largest producer and consumer of rare earths.

Rare earth elements will drop further in value this year as new mines boost output and after China lost a trade dispute over its export controls, while demand for high-technology products disappoints.

Friday, 28 March, 2014, 2:02am

US to take India to WTO for imposing domestic content rules on solar developers

An Indian boy charges his mobile phone from an electric board powered by solar energy. Photo: Reuters

The United States said on Monday it would take India to the World Trade Organisation to gain a bigger foothold for US manufacturers in its fast-growing solar products market.

The US said it was filing its second case at the WTO over the domestic content requirements in India’s massive solar programme, which aims to ease chronic energy shortages in Asia’s third-largest economy.

11 Feb 2014 - 4:57pm

Washington's Christmas message to Beijing: implement your planned economic reforms

US Agriculture Secretary Tom Vilsack speaks during the opening meeting session of the 24th China-US Joint Commission on Commerce and Trade at Diaoyutai State Guesthouse in Beijing December 20, 2013. Photo: Reuters

The US urged China on Tuesday to quickly implement planned reforms to open up its economy and said it will keep a close eye on progress as officials work to resolve remaining trade tensions with the world's second-largest economy.

25 Dec 2013 - 8:04am 2 comments

India rejects WTO deal, casting cloud over Bali talks to liberalise trade

India's Minister for Commerce and Investment Shri Anand Sharma speaks in Bali. Photo: AFP

India yesterday rejected a proposed World Trade Organisation package, casting a cloud over a high-stakes conference tasked with reviving the WTO's faltering efforts to liberalise global commerce.

5 Dec 2013 - 4:47am

It's do or die for Doha trade deal at WTO Bali meeting

A worker prepares the venue ahead of the 9th World Trade Organization (WTO) Ministerial Conference in Nusa Dua. Photo: Reuters

Ministers meeting in the Indonesian resort of Bali from today until Friday will decide the fate of the World Trade Organisation, with two possible outcomes: a global trade agreement, the first since the WTO was creat-ed in 1995; or a failure that kills off the Doha round of trade talks and casts the WTO into obsolescence.

3 Dec 2013 - 5:26am

EU to lodge case against Chinese steel tube duties

The EU believes the duties are not based on objective evidence.

The move, which will open another front in a rapidly escalating trade conflict with Beijing, will allow the EU to join a related complaint filed by Japan against Chinese duties in December.

12 Jun 2013 - 3:56am

Challenges await new WTO chief, Brazil's Roberto Azevedo

New WTO head Roberto Azevedo. Photo: Reuters

As Brazilian Roberto Azevedo prepares to take the helm of the WTO, analysts say his victory in its leadership race is a clear sign of the clout of emerging nations. He is also seen as having the potential to revive stalled World Trade Organisation talks, which aim to harness global commerce to give a boost to developing countries.

9 May 2013 - 2:52am

Understanding the origins of war can pave a path to peace for North Korea

North Korean (centre) and South Korean soldiers at the truce village of Panmunjom in the demilitarized zone dividing the two Koreas, in Paju. Photo: Reuters

As North Korea maintains its belligerence, the world is caught in a dilemma. Ignoring it as just another round of empty threats would run the risk of North Korea test-firing missiles with longer range and greater precision. It would also strengthen the regime's rhetoric for testing more deadly nuclear devices. Having another round of six-party talks without a game-changing solution is unlikely to end this farcical merry-go-round.

6 May 2013 - 2:55am

Fears of trading breach on first day of milk curbs

The city's two-tin export limit was enacted to curb the ongoing shortage. Photo: David Wong

A law professor has added his voice to fears that the government risks breaching world trade laws by curbing the amount of baby milk formula that people can take with them when leaving Hong Kong, as the measure took effect yesterday.

2 Mar 2013 - 5:16am 1 comment

Cross-border limit on baby milk may breach trade rules

People queue up for milk powder at a branch of Watson in Choi Yuen Estate, Sheung Shui. Photo: Edward Wong

A cap on the amount of milk formula travellers can take out of Hong Kong could breach World Trade Organisation rules. The government announced this month it planned to limit the number of cans people can take across the border to two. The move was aimed at preventing parallel traders from buying formula in the city and reselling it in Shenzhen at higher prices, creating a shortage.

14 Feb 2013 - 8:58am 9 comments

Letters to the Editor, February 8, 2013

People queue outside Lei Yuen before it closes. Photo: May Tse

A priority policy should be in place not just for education, but for other services, including welfare, because people living locally contribute to the government budget as Hong Kong taxpayers.

8 Feb 2013 - 3:25am

Big field in running for WTO director general

Frenchman Pascal Lamy is stepping down as WTO chief.

Candidates from nine mainly developing nations face off this week for the job of reviving stalled global trade talks as the new head of the World Trade Organisation.

Six men and three women, many of them present or former government ministers, have thrown their hat into the ring to replace Frenchman Pascal Lamy as head of the WTO.

30 Jan 2013 - 4:40am

Can Asia step up to remake global order?

A West's rule-based system is out of date. Photo: Reuters

The rise of Asia is the single most important historical event of our era. Yet, for all the continent's now well-established might, few voices in the region have stepped forward to address what role Asia, above all China, must play in shaping Globalisation 2.0 - the interdependence of identities that characterises our world.

7 Jan 2013 - 2:36am

Talking points

Taur Matan Ruak

HK children rate the government

31 Dec 2012 - 3:23am

Briefs, December 30, 2012

Relatives of cough syrup victims collect the bodies. Photo: EPA

Pakistan briefly unblocked access to YouTube yesterday before Prime Minister Raja Pervez Ashraf ordered the plug be pulled again. Ashraf had in September blocked the website after it refused to heed the government's call to remove a controversial anti-Islam video.

30 Dec 2012 - 6:35am