Taiwanese reps sign deals to buy corn, soybeans
Two Taiwanese trade groups have agreed to buy as much as $5 billion worth of corn and soybeans from Indiana and other states in 2012 and 2013.
International Business
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Typhoon delays Indiana trade mission to Japan
A trade mission by Indiana government and business leaders to Japan is being delayed because of a typhoon expected to hit the island nation.
Indiana exports hit annual record
The state shipped $28.7 billion in goods last year to foreign countries, including Canada, Mexico and Germany, which accounted for most of the demand, according to a report from the Indiana University Kelley School of Business.
Global micro lender Grameen ramps up in Indianapolis
Low-income women could receive loans in weeks.
More life sciences firms opt to launch products in Europe
The U.S. Food and Drug Administration’s growing reputation for unpredictability is spurring some Indianapolis companies to join counterparts elsewhere and introduce products in Europe. The upshot is that some Americans may never benefit from innovations occurring in their backyards.
Daniels signs trade deal with Chinese province
Daniels signed the business cooperation agreement Monday with the leader of Zhejiang Province, located on the east coast of China south of Shanghai. The document pledges to develop further business links between Indiana and Zhejiang.
HICKS: Free trade isn’t costing Americans jobs
I actually find it astonishing that there are still Americans who devote themselves to opposing free trade on the grounds that it hurts the economy. There is no more easily disproven fiction.
Lechleiter: German drug pricing creates ‘uncertainty’ for Lilly
Eli Lilly & Co. CEO John C. Lechleiter said Germany’s overhaul of drug pricing lacked transparency and the new policy creates “uncertainty” for the company’s business planning.
Lafayette, Logansport groups want China trade
Greater Lafayette Commerce and the Logansport-Cass County Economic Development Foundation will work with Purdue University to develop strategic plans designed to expand trade and investment with China.
Indianapolis tech experts talk about the local industry
In a question-and-answer forum, leaders weigh in on topics ranging from tech transfer to the future of Aprimo.
Drugmaker Lilly launches global service program
Eli Lilly and Co. is starting a service program that sends employees around the world to help developing communities and learn about other cultures, as the drugmaker looks to international markets.
HOLT: New York threatens to ballast Indiana exports
Regulations aimed at stopping invasive species are too stiff.
Manufacturer crosses over from auto parts to caskets
Gestamp Automocion makes metal components for the auto industry, employing 18,000 people worldwide. Now it is branching into the staid niche of casket manufacturing.
Maturing Chinese market gives WellPoint new prospects
Premiums for private health insurers in China are expected to rise to $90 billion by 2020 from $9 billion now, and WellPoint Inc. is angling for a big piece of that pie.
Cummins’ early start revs growth in China
Columbus-based engine maker Cummins Inc. has been building business in China for 30 years, long before many U.S. companies had even begun formulating a China strategy.Cummins now employs 8,000 people in China and racked up 2010 sales of $3.1 billion.
Can China maintain pace of economic growth?
People talk about China’s continued economic growth almost as if it is a foregone conclusion, but not all economists are so sure.
SPECIAL REPORT: Indiana companies charge into China
With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.
Parting thoughts on China’s quirks and challenges
Observations on the country’s building boom, drivers, high-speed trains and corporate slogans.
Visits at key times give IU prof unique view of China
The contrast between Bruce Jaffee's first visit—in 1981—and his latest trip this month could hardly be greater.
Geely plant churns out cars on the cheap
It’s striking how little workers at this Geely factory earn, by U.S. standards at least: roughly $5,500 to $7,300 a year.