A chorus of voices in the United States has been calling for tougher trade action against China, alleging imports from the country are slashing jobs in the US.Friday, 21 March, 2014, 5:19am 3 comments
While the recent drop in the value of the yuan might seem good news for mainland exporters, few welcomed it.
More volatility is expected to come, as Beijing gives the currency more latitude to fluctuate.6 Mar 2014 - 1:02am
An alternate estimate found that actual year-on-year export growth for January to April was only about 7 per cent, while import growth was about 6 per cent, 21st Century Business Herald reported, citing an unidentified source and an internal commerce ministry document.15 Jun 2013 - 4:05am
Exports in May rose by 1 per cent to US$182.8 billion from the same month last year, according to customs data released yesterday. The growth was far below the 14.7 per cent increase in April and also well below the 7.4 per cent estimate of economists polled by Bloomberg.9 Jun 2013 - 6:34am
China’s exports rose 1 per cent in May from a year ago while imports fell 0.3 per cent, leaving the country with a trade surplus of US$20.4 billion for the month, the Customs Administration said on Saturday.
That compared with market expectations of a 7.3 per cent rise in exports, a 6.0 per cent increase in imports and a trade surplus of US$19.3 billion.8 Jun 2013 - 11:23am
The mainland's crackdown on fake export invoices used to disguise money flows is probably cutting its trade figures, revealing subdued global demand that will weigh on economic growth.7 Jun 2013 - 3:46am
When President Xi Jinping visited Iowa in February 2012 as vice-president, he underscored the importance of the American agricultural sector to China by visiting a farm.21 May 2013 - 4:34am
The credit risks faced by exporters are mounting even as trade data suggests a spike in mainland exports since the beginning of the year. Local manufacturers complain that it is taking much longer to collect bills as the appreciation of the yuan and rising costs add to the pressure on overseas buyers, especially those from Europe, who have increased the settlement period from one month to three months.18 May 2013 - 3:33am
Fast yuan appreciation has hurt exporters, the Ministry of Commerce said, adding the country's trade outlook is clouded by uncertainties despite the recent upbeat growth.17 May 2013 - 6:15am
Beijing urged the European Union on Thursday to avoid engaging in protectionism, after Brussels proposed an anti-dumping levy on imports of Chinese solar panels.
The EU’s executive arm, the European Commission, is considering a heavy tariff of 47 per cent, an EU source said, as European solar panel makers complain they are being undercut by cheap Chinese imports.9 May 2013 - 9:16pm
The mainland's export growth last month may be too good to be true, with economists unanimously linking the strong performance to speculative fund inflows betting on yuan appreciation. The situation adds to the complexity in reading the country's real economic strength.9 May 2013 - 5:13am
The HSBC flash manufacturing purchasing managers index (PMI) for China fell to a two-month low of 50.5 in April, compared with the final reading of 51.6 in March, HSBC and Markit said yesterday.29 Aug 2013 - 4:13am
China’s exports surged more than 20 per cent in February on-year despite the Lunar New Year holiday, data showed Friday, in another sign of recovery for the world’s second-largest economy.9 Mar 2013 - 1:47am
Pan Shiyi, chairman and co-founder of the property company Soho China, is one of the mainland's liveliest businessmen and an obsessive weibo user. Yesterday he regaled a humdrum Asian Financial Forum with his views on the best way to combat corruption on the mainland.15 Jan 2013 - 4:16am
The yuan strengthened to less than 6.22 against the US dollar yesterday for the first time in 19 years, as bullish sentiment was boosted by mainland inflation and trade data.12 Jan 2013 - 4:02am