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  • September 17, 2014
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  1. Fall in mainland exports, imports slows sharply

    Posted Oct 15th 2009, 12:00am by Cary Huang

    ... Cary Huang in Beijing Mainland exports and imports fell last month for the 10th consecutive month, but the rate of decline slowed sharply, providing fresh evidence of recovery in the world's third-largest economy as global demand picks up. Exports fell 15.2 per cent year on year to US$115.9 billion while imports declined 3.5 per cent to US$103 billion, the General ...

  2. Trade surplus to top US$280b for fresh record

    Posted Dec 17th 2008, 12:00am by Cary Huang

    ... Cary Huang The mainland's trade surplus is poised to set another record this year, exceeding US$280 billion for 2008, the country's top planning agency said. The full-year surplus will top last year's record of US$262.2 billion, despite the sharp slowdown in mainland exports in recent months, according to the National Development and Reform Commission. ...

  3. News - China - TRADE

    Beijing in push for free trade deal with Japan, South Korea

    Posted Mar 27th 2013, 12:00am by Julian Ryall, Cary Huang

    ... Cary Huang in Beijing, Julian Ryall in Tokyo Talks finally open with Japan and South Korea on historic deal that could counter US initiatives, but tensions between territorial rivals persist Beijing in push for three-way trade pact Long-awaited talks on a free trade deal involving China, Japan and South Korea opened yesterday. And while tensions, rivalries and suspicions cloud ...

  4. 10-year high for trade deficit

    Posted Mar 11th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com China recorded its biggest trade deficit in a decade last month as imports grew much faster than exports amid uncertainties in the global economy, according to official data. Analysts said the weak export performance came on top of disappointing economic data released on Friday, and raised the likelihood of more monetary easing by Beijing ...

  5. Unease at January trade data

    Posted Feb 11th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com China's exports and imports both fell last month for the first time in more than two years, adding to fears that the world's second-largest economy is heading for a slowdown. But some economists noted shipments were disrupted by the week-long Lunar New Year holiday and said the trade situation may not be as bad as its looks. ...

  6. China's weak trade data fuels concerns

    Posted May 11th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com China's foreign trade decelerated sharply in April, with both export and import growth falling well short of expectations. That raises fresh concerns about a hard landing for the world's second-largest economy amid weakening global demand. Exports rose 4.9 per cent last month from a year earlier, while imports rose just 0.3 per ...

  7. A fine balancing act

    Posted Mar 15th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The yuan's exchange rate may already be close to a balanced level, Premier Wen Jiabao said yesterday, hinting that the currency's appreciation may come to a halt - an eventuality which could fuel tensions with China's trade partners, particularly the United States. Speaking at a televised news conference capping the 10-day ...

  8. China signals denial of W.T.O. talks on yuan

    Posted Nov 18th 2011, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com A top mainland trade official indicated yesterday that Beijing would reject a move by the World Trade Organisation (WTO) to discuss China's currency, amid reports that the WTO had agreed to do just that for the first time since its founding. 'China will make its views clear to the WTO on the issue of currency,' Assistant ...

  9. Yuan on the agenda, but probably not in the final statement

    Posted Nov 04th 2011, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com Analysts say the G20 summit is likely to debate the issue of China's currency, but is unlikely to make any specific statement on it because the leaders of the world's largest economies are more concerned about resolving the European debt crisis. The Group of 20 has been debating whether to include a reference to the yuan in a joint ...

  10. Beijing considers new round of stimulus to increase domestic consumption

    Posted Jan 05th 2012, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Beijing is mulling a new round of stimulus to domestic consumption, with a focus on cars and appliances, to help stem the impact of a fall in exports. Huang Hai, former assistant minister of commerce, was quoted by the China Daily yesterday as saying that 'new measures are in the pipeline' to boost domestic consumption as tax ...




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