Wednesday, April 25, 2007

Japan passes the U.S. as China's biggest trade partner

Japan's Trade bureau releases the data for the fiscal year of 2006, (Japan's fiscal year starts from April 1 to March 31st), trade with China (not including trade with Hong Kong)increases by 16.5%, it is the first time that trade with China has exceeds with the U.S..(TBS News)

On the same side of Japan, a recent survey finds that only 8% of Japanese youth wants to be great, which is a direct contrast with same age group in China and the U.S., 34% of Chinese and 22% of American youth said, Yes. (Nikkei Net)

After Pet foods were found to contain toxic ingrendents, U.S. Food and Drug Administration(FDA) blocks gluten from China, and today FDA is expanding its investigation into contaminated pet food, after some U.S. companies suggested the contamination was no accident. It also appears the contaminant involved — melamine — could reach human food. (NPR)

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