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...But a person familiar with the companies confirmed the stockpiling was related to US export controls on China and sanctions on Russia....
...Tea is Kenya’s largest export industry. In February, alongside Kenyan President William Samoei Ruto, the company inaugurated a new tea academy....
...Since July, some shipments to China have required clearance from export control officials, after Japan expanded restrictions on exports of 23 types of advanced chipmaking technology....
...“SMIC is facing a more significant roadblock for production expansion after the US and its alliance tightened export restrictions on advanced chipmaking gear,” said one person close to the company....
...He suggested a UK factory could also export cars to distant markets in South Africa, Australia and New Zealand....
...“We need to sell harder and increase our cost competitiveness,” he said, adding that the efforts by MHI and other Japanese companies would be in line with the arms exports policy set out by the government...
...Washington is reviewing giving $250mn of financing to help build the Angolan leg of the Lobito Corridor railway that will help the Democratic Republic of Congo and Zambia export commodities....
...“We’re a partner on Lockheed Martin’s global F-35 programme, which includes Israel,” the company added....
...The IEA forecast that growing exports from Chinese brands would lead to “downward pressure on purchase prices” in other markets over time, helping to drive adoption....
...Salmon added that as well as significant support from lending banks, Trafigura had “unlocked” a new source of financing from export credit agencies....
...Chinese EV exports have been up eight-fold globally over the past three years. Nissan and Honda have a very small window to come up with a viable alternative for the local market. june.yoon@ft.com...
...Companies that cannot respond to the changes will be wiped out,” said Honda’s president Toshihiro Mibe....
...In the US, it aims to sell about 165,000 more vehicles in fiscal 2026 compared with 2023, while it wants India to become a pivotal hub for car exports....
...Some of India’s defence companies are beginning to export....
...Exports rose 334 per cent to 243,000 cars. The group reported margins for its auto business of 23.02 per cent last year, 2.63 percentage points higher compared with the previous year....
...Bart Goethals, the chief commercial officer of Nemo Link Ltd, which operates the interconnector linking Belgium with the UK, warned that the CBAM risked creating “a very significant trade barrier”....
...In a deal agreed last year, tariffs will be applied to EV exports between the UK and EU from 2027 unless they contain high levels of locally sourced parts....
...China imposed punitive tariffs on Australian wine in 2020 that all but wiped out the country’s biggest export market....
...She writes: “I’m sure you hear that from every small company, but how are we supposed to make money and survive????” Indeed....
...In 2023, transport backlogs pushed South Africa’s coal exports down to 50mn tonnes, their lowest since 1993. As with Eskom, the worst may be over....
...The centre is being built at its biggest-ever research and development base, and its mission is to develop lithography machines, critical equipment targeted by US export controls....
...Exports set another record, more than quadrupling last year and selling to over 70 countries....
...for automobile exports and deliver more . . . vehicles” to the global market, according to several Chinese media reports....
...This week BYD’s first EV cargo ship departed China for Europe and the company has plans to build six further vessels....
...Park Moo-sik, SI Innotec chief executive, was also given a suspended prison sentence and the company was handed a Won1bn ($765,000) fine last year for its role in the unsanctioned export of defence technologies...
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