Category: Trade

Wind Farm

US, China Take Action on Climate Change

By Lauren Dodillet US President Barack Obama and Chinese President Xi Jinping announced a US-China agreement to limit greenhouse gas emissions last Wednesday, wrapping up two days of bilateral meetings after the Asia-Pacific Economic Cooperation (APEC) summit. The deal pledges...

/ November 18, 2014
Bullet Train

Mexico Reneges on Bullet Train Collaboration

By Lauren Dodillet President Enrique Peña Nieto has rescinded the contract won by a Chinese-led consortium last week to build a high-speed railway in Mexico due to questions over the deal’s legitimacy. Opposition legislators have questioned the transparency of the...

/ November 12, 2014

COFCO Announces IPO Three Years Out

By Lauren Dodillet China’s largest state-run grain trading company announced at the end of October that it was planning to launch an IPO within three years. China National Cereals, Oils, and Foodstuffs Corporation (COFCO) CEO Frank Ning said the company...

/ November 5, 2014

China Forms Infrastructure Bank Despite US Opposition

By Lauren Dodillet Representatives from China, India, and 19 other Asian nations gathered in Beijing last Friday to sign a memorandum of understanding to establish the Asian Infrastructure Investment Bank (AIIB). China, which proposed the project last year, hopes the...

/ October 30, 2014

China, Russia Sign Pipeline, Currency Exchange Deals

By Lauren Dodillet Chinese Prime Minister Li Keqiang and Russian Prime Minister Dmitry Medvedev signed 38 agreements promoting economic cooperation between the two countries on Monday in Moscow. Two major agreements concerned a natural gas pipeline and a yuan-ruble currency...

/ October 16, 2014

Shanghai-Hong Kong Stock Exchange Link Inches Toward October Opening

By Ellen Huber China will link the Shanghai and Hong Kong stock exchanges over the next month as part of Premier Li Keqiang’s initiative announced in April to open up the Chinese market to foreign investors. The “Shanghai-Hong Kong Stock...

/ October 7, 2014

UK, China Announce $3.9 Billion Deals Package

By Ellen Huber Britain announced on Friday that it would sign commercial deals with China valued over $3.9 billion at Chancellor George Osborne’s London meeting with Chinese Vice Premier Ma Kai, reports Reuters. The meeting occurred during the first ever...

/ September 16, 2014

IBM, Lenovo Deal Passes US Security Review

International Business Machines Corp. announced on August 15 that a US national security review panel approved its plan to sell its x86 low-end server business to China’s Lenovo Group Ltd. for $2.3 billion. After reaching the agreement back in January,...

/ September 5, 2014

China Invests Heavily in US Real Estate, Energy

By Stephanie Henry US governors are heading to China in increasing numbers to seek potential investors for public and private projects. Since 2009, US governors have led 58 trade missions to China, helping to usher in more than $34 billion...

/ September 3, 2014

Amazon Looks to Expand China Presence via Shanghai Free Trade Zone

By Ellen Huber Amazon.com will soon open a logistics warehouse and set up operations in China’s Shanghai Free Trade Zone (FTZ), according to an August 20 announcement reported by Reuters. The US e-commerce giant will also be allowed to ship...

/ August 28, 2014