International Business Opportunities

Senior trade representatives of India and China today forecast that the bilateral trade volume will surge from the current $25 billion to $40 billion by 2009, a full year ahead of the target set by the two governments.
During the first quarter (Jan-Mar) of this year, bilateral trade has touched USD 8.2 billion, soaring by 58 per cent, Vice President of the China Council for the Promotion of International Trade (CCPIT), Wang Jinzhen said. […]

Member of Indian Parliament and Managing Director of Videocon Industries Ltd., Rajkumar Dhoot, heading an ASSOCHAM delegation to China, noted that the growth in Chinese exports to India was among the fastest for the world’s third largest trading power.
However, he noted that Chinese investment in India was very low, only accounting for 30 per cent of all foreign direct investment approved by the country. This must improve, Dhoot said, adding the business communities of the two countries should look into the business opportunities more seriously.
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After
EU,
Canada, and Japan also Mexico has asked to join a U.S. challenge of Chinese piracy and counterfeiting practices as a third party in World Trade Organization consultations.

The procedural step, indicates growing international pressure on Beijing to crack down on product piracy.

The U.S. filed a pair of new cases against China at the WTO last month. One of them, challenges Beijing’s rules for copyright and trademark protection.

Canada has asked to join a U.S. challenge of Chinese piracy and counterfeiting practices as a third party in World Trade Organization consultations, Trade Minister David Emerson said in a statement.

Emerson added that pirated goods cause billions of dollars in losses for the Canadian economy annually and that Ottawa’s goal is to resolve this issue through dialogue with the Chinese government.
April 25, 2007 - in: B2B & Export & China
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Four foreign banks will be able offering bank services to private customers in mainland China. HSBC, Citigroup, Standard Chartered Bank and the Bank of East Asia passed the regulator’s audit last Thursday. […]

The four overseas institutions said over the weekend that their Shanghai branches would offer full yuan services from today while others are expected to do so shortly.

Standard Chartered said it would roll out various renminbi products for customers under two retail brands - Priority Banking and Excel Banking.
HSBC will concentrate on its Premier Wealth Management service for its retail banking business and charge 300 yuan a month to handle accounts with less than 500,000 yuan.
Last week, Citigroup became the first foreign bank in China to offer a yuan-denominated investment linked insurance product, service provided with the United MetLife Insurance Company.
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Australian and Japanese officials will meet in Canberra Monday for the first round of negotiations on a bilateral free trade agreement.

A senior Australian trade official Friday said on the government condition of anonymity that the two days of talks would focus on setting a framework for future negotiations.

[…] A joint feasibility study commissioned in April 2005, found a comprehensive agreement could boost Australia’s gross domestic product by 39 billion Australian dollars (US$33 billion) and Japan’s by A$27 billion (US$23 billion) over a 20-year period.
[…] Australia has FTAs in place with the United States, Singapore, Thailand and New Zealand and is in negotiations on an agreement with the 10-member Association of Southeast Asian Nations, Chile, China and Malaysia.
Japan has signed FTAs with Mexico, Malaysia and Singapore and is in talks with several other nations on similar agreements.
(source)