This weeks pick of the litter series features some interesting articles from the World of Trade. Hope you find them useful.
China Wrap Up with Lew Cramer – Part 2. In the second installment of the two-part video discussing the recent Governor’s Trade Mission to China, World Trade Center Utah President and CEO Lew Cramer shares his thoughts on export opportunities with China.
DOT Stimulus Payouts Near $28 Billion Department of Transportation payouts to states for infrastructure projects from the 2009 stimulus law reached $27.8 billion as of April 29. The DOT has yet to disburse $20 billion from the American Recovery and Reinvestment Act.
Commerce’s Chief Economist: ESA Releases Report on ‘U.S. Trade in Private Services‘ The report shows that the United States has consistently run a record services trade surplus that is driving overall exports growth and topped half a trillion dollars in 2010.
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES – March 2011 March exports of $172.7 billion and imports of $220.8 billion resulted in a goods and services deficit of $48.2 billion. The March 2010 to March 2011 increase in exports of services was $2.7 billion. Another post on the trade deficit, including a graph is offered up by Global Reach.
Is This China’s Last Trade Surplus? The return to a monthly surplus will likely accentuate pressure from the US for China to alter its yuan policy, but there are other forces at work which will drive both upward and downward pressure on China’s trade balance.
Italy: Deeper structural reforms, fiscal consolidation will strengthen Italian recovery The Italian economy is continuing to recover from the very deep recession that it shared with most OECD countries.
U.S. Census Bureau Released Most Detailed Data Yet from 2010 Census The Department of Commerce’s U.S. Census Bureau has begun releasing the most detailed data yet from the 2010 Census. The release includes more than 150 data items. The Census Bureau has also created an interactive map so you can explore the data down to the city level.
ITA’s FTA Tariff Tool combines tariff and trade data into a simple and easy-to-search public interface. Using the Tool, users can see how U.S. and FTA partner tariffs on individual products—searchable by keyword or tariff code—are treated under an agreement.
Online Product Sourcing Fairs Globalsources has just launched their first 3 Online Product Sourcing Fairs, in conjunction with their Hong Kong series of China Sourcing Fairs. Full press release on this article can be viewed here.
Global Strategies Get Localized – an article on globalization posted by globalEDGE International Business Blog. Language is a barrier that can be difficult for companies to overcome when looking to expand globally. There are countless horror stories of ‘translations gone wrong’ from companies entering new markets.
How to Make International Sales without Leaving Home. A best-kept secret is that domestic trade shows are great places to meet and sell to international buyers. With almost 40 International Buyer Program shows to choose from many U.S. businesses will find one that’s suited to them.
Secretary Locke Addresses Chinese Foreign Direct Investment in the United States and the Current State of U.S.-China Commercial Relations. A new study that shows Chinese foreign direct investment in America doubling in each of the last two years.