imports

EU Unveils Plan to Ban Products Made With Forced Labor

On Wednesday, the European Commission officially released its proposal for banning products made with forced labor from entering EU markets. While the proposed regulation does not single out a specific country, it is widely seen...

Why Is China Importing So Much Iron?

Quartz's Gwynn Guilford reports that China's year-on-year imports surged to 10.9% in July at $168 billion and all because of iron ore imports, speculated to serve as collateral for bank loans: But wait—what exactly was...

Environmental Concerns Over China-CA Dairy Ties

As China’s growing demand for dairy products is expected to keep rising, and as its domestic industry is currently unable to satisfy demand and riddled with safety scandals, California dairy farmers are suffering due to...

Eating Safely in China, on a Budget

In a country plagued by food safety scandals, mitigating risk while shopping for groceries is no easy task. While it has been noted that those with a cache of power sometimes enjoy greater access to safe food, for everyone else...

“You Should Be Rooting for China”

While reports suggest China’s housing bubble may soon burst and some express the zero-sum sentiment that China’s continued rise means America’s decline, economist Zachary Karabell argues that a thriving China...

MOC Claims China Not World’s Top Trading Nation

China’s Ministry of Commerce is contesting recent media reports that China surpassed the U.S. as the world’s biggest trading nation in terms of volume last year. China Daily reports: Recent data from the...

China Trade Now Bigger than US

Chinese state media reports foreign trade surged in January. Exports jumped 25%, and imports increased 28%. The growth was bigger than the increase seen in December, from Xinhua: “A lower comparative base last year caused...

Is Insourcing More Than Just Wishful Thinking?

In January, The New York Times published an investigation into how the U.S. had lost out on manufacturing work for products “Designed by Apple in California” but “Assembled in China”. The report cited the...

CDT Money: The Numbers Game

Last week’s key data release signaled continued weakness for China’s manufacturing sector, with HSBC’s preliminary purchasing managers index (PMI) shrinking for an eighth straight month in June. Reuters reports...

CDT Money: Game On

Under a cloud cover of speculation about a potential fiscal stimulus package, China’s central bank announced a 25 basis point cut to lending and deposit rates on Thursday, its first interest rate cut since late 2008 and...

CDT Money: Waiting For The Bottom

The People’s Bank of China announced a 50 bps cut in the reserve requirement ratio (RRR) for commercial lenders on Saturday as it stepped up efforts to boost growth amid signs of a weakening economy. The second such cut...

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