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Foreign Relations

Export restrictions on Raw materials from China

In June of 2009, the US, together with the EU and Mexico filed a complaint against China at the WTO for taking unfair advantage of export restrictions on raw materials. China allegedly imposed restraints on raw material exports and employed unpublished restrictive measures, creating scarcity and creating

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  • Starbucks coffee is found all over Beijing
    Permalink Starbucks coffee is found all over BeijingGallery

    First Impressions: The Rise of Commercial Western Influence in China

First Impressions: The Rise of Commercial Western Influence in China

The beauty, cuisine, and the sheer size of the homogenous population in Beijing have left many tourists blown away by its dissimilarity to the Western world. Prior to my arrival in Beijing, I had heard so many examples of these differences and perhaps it was the ultra-alertness

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First Impressions: A German Tsingtao Beer

Tsingtao is the brand name of one of the most popular beers that China can offer. Tsingtao beer is currently produced in Qingdao and is exported to more than 50 countries, including Germany. As you may know, Germany holds the reputation of being one of the premier

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  • Airlines to the EU
    Permalink Will the EU Carbon Tax affect trade from other areas?Gallery

    The Price of Blue Skies – Is the EU Emissions Scheme Inviting a Trade War?

The Price of Blue Skies – Is the EU Emissions Scheme Inviting a Trade War?

On January 1, the EU extended its ETS (Emissions Trading Scheme) to the aviation sector. It requires all airlines transiting or operating from or to a European airport to buy pollution permits in accordance to their actual level of pollution. The ETS is a crucial tool for

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RMB Revaluation and Repercussions

Over the last six years, the appreciation of the Chinese Yuan has been as reliable as a clock. Since China tweaked the Yuan-Dollar peg in 2005, it has risen by 28%; so 4.5% per year. If you take out the two year period from 2008-2010 during which

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  • Mannequins- image by digitalart
    Permalink What is really behind the Gallery

    Fast Fashion – Chinatown comes to the Italian Fashion Industry

Fast Fashion – Chinatown comes to the Italian Fashion Industry

Typically when people think of the dominance of China manufacturing in the world, we think of the “Made in China” label. But it may not really be so black and white anymore. Italy, which has long been known to be the global capital of fashion, has been

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China’s Currency Manipulation- Excuse or Trade Disrupter

China condemned the U.S. on Wednesday October 12, 2011 after the Senate passed the “Currency Exchange Rate Oversight Act,” with a 63-35 majority that threatens to punish China for allegedly undervaluing its currency with retaliatory tariffs on imports from China. Although the legislation refers to countries, it

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