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Auto components manufacturers in India are worried that carmakers in the Subcontinent will overlook them in favor of cheaper parts from China, according to a report Tuesday in the Business Standard. In some cases, the landed cost of Chinese components is cheaper than the raw material cost of the same component in India, Mahindra & Mahindra President P...
U.S. Trade Representative Susan C. Schwab said Friday that the first WTO dispute settlement panel to address a dispute against China has issued a report finding that China's treatment of U.S. and other imported auto parts is inconsistent with China's WTO obligations. I am extremely pleased with the issuance of a very strong report by the WTO panel," S...
Forty trade associations have banded together asking Congress to step in and require the Department of Homeland Security to first conduct a pilot program before implementing its proposed 10+2 rule for cargo security. U.S. Customs and Border Protection is developing the final rule that would require importers to submit 10 pieces of advance shipping dat...
If it's not enough that Iran strives to build an arsenal of nuclear weapons, the United States and its allies fear that the country will also become an international trader of these deadly devices. While Iran's inward proliferation activities are deeply disturbing, there remains the broader concern that Iran itself will become a primary source for out...
More than 80% of Shanghai entrepreneurs are optimistic about the prospects of online business, saying that "online shops" hold greater advantages over traditional shops. The results released on July 21 come from a survey by the Shanghai Municipal Party Committee Propaganda Department and the Shanghai Municipal Labor and Social Security Bureau, according t...
Swiss arms exports reached 348 million Swiss francs (about 342 million U.S. dollars) in the first half of 2008, a surge of 63 percent from the same period last year, the Federal Customs Office said on Tuesday. The figure is almost the highest in the past 20 years, the agency said. According to the agency, Pakistan is the largest customer for Swiss...
More than 80% of Shanghai entrepreneurs are optimistic about the prospects of online business, saying that online shops hold greater advantages over traditional shops. The results released on July 21 come from a survey by the Shanghai Municipal Party Committee Propaganda Department and the Shanghai Municipal Labor and Social Security Bureau, according to ...
U.S. Treasury Department's rescue plan for troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers 25 billion dollars, the Congressional Budget Office said Tuesday. But there is less than a 50 percent chance of that happening, noted Peter R. Orszag, director of the Congressional Budget Office in a letter to lawmakers. The CBO esti...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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