Dating back thousands of years, Traditional Chinese Medicine (TCM) is now an economic driver for China. But as TCM is traded globally in the modern age, the industry will need to find a balanced approach to quality, safety, and the sustainability of precious resources. Dig into the ethics surrounding TCM trade.
As more people grow concerned about where their products come from, how they are sourced, and the processes used to make them, demand for sustainable products could begin to reshape global trade.
Considered precious and therefore a source of great power, ancient civilizations invested enormous symbolism, prevented famine, waged wars, built and lost empires over salt for thousands of years. But now that salt is readily available almost everywhere on Earth – why do we still trade so much of it?
Whatever you buy for the holidays this year, chances are, there’s a global trade aspect to your gift-gifting. As we like to say at TradeVistas, “see the trade in everything.” Happy holidays.
Polar caps in the Arctic are receding, creating access to new trade routes for parts of the year. The routes are valuable short cuts for global trade but the waterways are precarious to navigate with unpredictable weather, the need for specialized icebreaking ships, and the necessity to operate at slower speeds, all of which make the routes less commercially reliable and partially offset the savings in time and fuel. So why are Russia and China racing other major powers to gain control of these waterways?