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TOKYO — Japan is ramping up promotional efforts to boost seafood exports to more destinations in Asia, the US, and Europe as it seeks to fill a sales gap left by a year-long Chinese import ban, the head of the Japan External Trade Organisation said.
BRUSSELS -- Japanese beverage company Suntory Holdings plans to make India a hub as part of its overseas strategy, setting up full-scale production in the country and exporting to surrounding regions while seeking collaborations with local liquor makers.
There are also existing permits that allowed Australian manufacturers to supply weapons parts for the manufacture of F-35 jets. Israel has used F-35 jets in its Gaza offensive.
TOKYO/KUALA LUMPUR/BANGKOK -- ASEAN countries' exports to the U.S. in the January-March period surpassed those to China for the first time in six quarters as the region's trade appears to be shifting along with moves in the global supply chain.
China reported higher-than-expected export growth in May of 11.2% in RMB terms and 7.6% in terms of US dollars year-on-year, indicating that the country is like to meet the government’s 5% growth target for 2024.
HONG KONG -- In mid-March, newlywed Lisa joined the production line at a just-built electric vehicle plant of Li Auto, a star of China's burgeoning EV industry. She hoped to help cover the couple's living expenses in Beijing, but she worked only a dozen days in April and three in May.
China set up a multibillion-dollar state-backed investment chip fund last week — and one observer says it will likely focus on advanced chips for AI and establishing the entire supply chain.
Contrary to a meme that’s popular among Western policy analysts, there is no Chinese “export surge.” China’s exports to developed markets have stagnated for years, but have doubled to the Global South.