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  • September 22, 2014
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  1. News - Hong Kong - TRADE

    New electronic customs tool helps wine flow across mainland border

    Posted Sep 19th 2014, 04:05am by Amy Nip

    ... Amy Nip amy.nip@scmp.com New online system for traders means shipments to the mainland can take just one day instead of being stuck in transit for months Automated customs clearance ... it easier and faster to export wines to the mainland. The system would allow any local registered merchant with more than six months' experience in the wine trade to submit information online ...

    http://www.scmp.com/news/hong-kong/article/1595539/new-electronic-customs-tool-helps-wine-flow-across-mainland-border
  2. Business - Companies - TRADE

    Global e-commerce trade held back by logistics costs, customs red tape

    Posted Sep 19th 2014, 05:34am by CHIM SAU-WAI

    ... arising from customs clearance," Lui said at a forum held by the Hong Kong R&D Centre for Logistics and Supply Chain Management. The e-commerce boom on the mainland has been supported by low shipping costs. Mainland e-commerce platform operators and express delivery firms have been able to keep shipping costs low by consolidating parcels from different sellers, ...

    http://www.scmp.com/business/companies/article/1595657/global-e-commerce-trade-held-back-logistics-costs-customs-red
  3. Business - Economy - TRADE

    Chile seeks more Chinese investment

    Posted Sep 22nd 2014, 04:28am by Eric Ng, JING YANG

    ... for mainland firms to provide construction, logistics and engineering services. The South American nation is also seeking investors for power generation and distribution projects to meet rising demand ...

    http://www.scmp.com/business/economy/article/1597693/chile-seeks-more-chinese-investment
  4. Business - China Business - TRADE

    China's rising fruit imports push up demand for refrigerated shipping

    Posted Sep 15th 2014, 04:40am by JING YANG

    ... Jing Yang jing.yang@scmp.com Refrigerated container trades benefiting from growing mainland imports of perishable goods China's rising fruit imports push up shipping demand Fruit ... of an affluent middle class, open trade policies and the advancement of cold treatment technology. Traditionally a net exporter of fruit and vegetables, mainland fruit imports are up 26 per cent over ...

    http://www.scmp.com/business/china-business/article/1592735/chinas-rising-fruit-imports-push-demand-refrigerated
  5. Business - Economy - TRADE

    Russia and China to boost bilateral rouble-yuan trade

    Posted Sep 10th 2014, 04:05am by Reuters

    ... on an economic cooperation pact with Vice-Premier Zhang Gaoli that included boosting use of the rouble and yuan for trade transactions. The pact also lets Russian banks set up accounts with mainland banks, and makes provisions for Russian firms to seek loans from mainland ones. "We are not going to break old contracts, most of which were denominated in dollars," Shuvalov said. ...

    http://www.scmp.com/business/economy/article/1589013/russia-and-china-boost-bilateral-rouble-yuan-trade
  6. Business - Economy - TRADE

    Chinese exports jump 14.5pc

    Posted Aug 08th 2014, 12:02pm by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com Despite a 14.5pc rise last month, doubts remain over whether the rebound can be sustained Mainland export surge seen as unlikely to last The mainland's surprisingly robust export data bolstered hopes for a further economic rebound, but analysts and industry players say the strong momentum may be hard to sustain. Analysts say falling ...

    http://www.scmp.com/business/economy/article/1569053/chinese-exports-jump-145pc
  7. Business - Economy - TRADE

    Impasse at WTO seen as boosting appeal of bilateral deals for China

    Posted Aug 02nd 2014, 12:50am by VICTORIKA RUAN

    ... Chai Xiaolin in December, to cut its trade costs by 13.2 per cent, equivalent to adding nearly US$280 billion to annual export value. The mainland's exports and imports were hit hard ...

    http://www.scmp.com/business/economy/article/1564555/impasse-wto-seen-boosting-appeal-bilateral-deals-china
  8. News - Hong Kong - TRADE

    Sheung Shui prices soar as mainland traders buy in bulk

    Posted Sep 17th 2012, 12:00am by Kristie Wong, Amy Nip

    ... goods in Sheung Shui is 10 to 20 per cent higher than in nearby districts as mainlanders flood in to snap up products to take across the border. The town has been at the sharp end of an influx of traders who buy goods in bulk in Hong Kong to dodge high taxes on the mainland. It's also a popular with mainland residents with multi-entry permits who stock up on goods for personal use ...

    http://www.scmp.com/news/hong-kong/article/1038591/sheung-shui-prices-soar-mainland-traders-buy-bulk
  9. News - World - TRADE

    Solar firms in China and Taiwan hit by US anti-dumping duties of up to 165pc

    Posted Jul 27th 2014, 06:27am by Reuters

    ... Reuters in Washington Anti-dumping measures targeting mainland and Taiwanese firms likely to inflame Sino-US tensions and make life harder for installers U.S. slaps fresh duties on China ... to close a loophole allowing Chinese producers to sidestep duties imposed in 2012. Mainland Chinese producer Trina Solar faces total import duties of nearly 30 per cent and Suntech Power nearly 50 ...

    http://www.scmp.com/news/world/article/1559936/solar-firms-china-and-taiwan-hit-us-anti-dumping-duties-165pc
  10. Business - Companies - TRADE

    Chinese investment in US falls, but big deals in the pipeline

    Posted Jul 28th 2014, 04:26am by Toh Han Shih

    ... half, over US$6 billion were in the hi-tech sector, Rosen said, a big jump from the annual average mainland investment in the US IT sector of roughly US$1 billion in the previous four years. ... the Committee on Foreign Investment (CFIUS), a US government body that reviews foreign acquisitions of US companies to ensure they do not pose a threat to national security. In 2011, mainland ...

    http://www.scmp.com/business/companies/article/1560740/chinese-investment-us-falls-big-deals-pipeline

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