Grain imports have fallen sharply over the past few year-China became a net grain exporter in 1984-and in 1983 the country started to export soybeans and cotton.

That’s no small order,but the Korean think it can be filled fairly simply.

Naval requirements are now being considered and could produce orders for six or seven vessels, including frigates, during the next three to four years.

Last year, however, it ousted the US to become the second largest exporter to the emirate with goods worth more than $1000 million, or 8% of Dubai’s total import bill .

If it is a small matter to France's farmers that the Uruguay round should fail, so long as they keep their subsidies, that is understandable.

Without allies, its only course would be to block the decision by citing "vital national inter-ests"-the sort of profoundly unEuropean thing that Britain might do, but which France would rather not.

Barter allows profit from excess inventory and service dead time,and it can bring in more busi-ness.

Yoffie sees countertrade as a form of protectionism.

As growth of high-calorie colas shows, however, Coca-Cola and PepsiCo are invading new territory .

Hong Kong is top at cracking U.S.shell eggs.