China's exports of vital rare earth elements used for numerous high-tech goods slipped almost one-tenth last year but the overall value rocketed as quota cuts lifted international prices, data showed on Wednesday.
China has emerged as a world leader in the manufacture of solar photovoltaic technology, and could soon be the largest supplier of wind turbines, thanks in part to state laws and directives that reward renewable energy equipment companies with cash and tax perks.
Brazil's Finance Minister Guido Mantega has accused the United States of engaging in currency manipulation, and said his country would raise this issue at the World Trade Organization (WTO), adding that the U.S. and Chinese policies are fomenting a trade war.
Molycorp (NYSE: MCP) is rising following the decision by China to cut its exports of rare earth materials next year.
The United States on Wednesday dragged China to the World Trade Organization (WTO) alleging that the country was illegally providing subsidies towards manufacture of wind power equipment.
U.S.-China trade tensions spilled to wind power as the U.S. announced that it has requested consultations with China, thereby initiating the first step in the WTO dispute process.
The U.S. can expect greater legal software sales in China, the top U.S. trade official said Wednesday.
China on Tuesday criticized a World Trade Organization (WTO) ruling yesterday that upheld the U.S. decision last year to slap duties on Chinese-made tires and said it will appeal to the global trade body. The Chinese commerce ministry repeated that the safeguard measures adopted by the U.S. on Chinese tire imports were protectionist and counter-productive.
An escalation of trade tensions between China and the U.S. may involve protectionist measures on the U.S. side and the creation of exclusionary Asian trade walls on China's side.
China on Thursday expressed its support for Russia’s bid to become a member of the World Trade Organization (WTO).
China was the subject of most number of anti-dumping investigations in the first half of the year, and products exported from China attracted the highest number of anti-dumping measures by other countries, the World Trade Organization (WTO) has said in a report.
World trade growth slowed in the third quarter of the year, according to the latest World Trade Organization (WTO) figures. An 18 percent rise in global merchandise trade annually in value terms was remarkably lower than the 26 percent increase registered in the second quarter.
Many countries have taken it upon themselves to negotiate regional or bilateral trade agreements to match evolving economic realities as the multilateral Doha Round negotiations stall.
After nearly a 17-year long wait, Russia could finally be a member of the World Trade Organization by 2011, as it finally reached a deal with European Union, the last opposing member, on Wednesday.
Government policies all over the world are distorting the market for agricultural products and discouraging their production at a time when there is a global shortage of them.
The most serious [economic] challenge today is that of unemployment, said Pascal Lamy, the director-general of the WTO. Lamy urges countries to expand global trade, instead of clamping down on it, to create more jobs for everyone.
A recent study has put Russia ahead of its Western Europe counterparts as a hot MBA recruitment destination. Retaining the momentum in hiring for the second year, it has shown a steady 22 per cent growth in MBAs recruited, according to QS TopMBA Jobs Index.
A recent QS TopMBA Jobs Index puts Russia ahead of its Western Europe counterparts as a hot MBA recruitment destination. Retaining the momentum in hiring for the second year running, it has shown a steady 22 per cent growth in MBAs recruited.
Google has donned the cloak of Internet's guardian angel once again, condemning the 'digital disruptions' that some governments unleash and calling for new trade rules to prevent countries from setting up intractable 'trade barriers' of a new kind.
WTO director-general Pascal Lamy said statements from G20 and APEC leaders last week “provided a clear signal that they expect the Doha Development Round to be a deliverable next year.”
Leadxers' Declaration
The U.S.-South Korea free trade talks broke down as the two sides failed to resolve principal differences over U.S. beef and auto exports to South Korean markets, but Presidents Barack Obama and Lee Myung-bak said they still hoped the deal could be clinched.
