Economic Relations of Japan

'Buy China' policies would do far more harm than good

Yesterday the mainland's vice-minister for commerce, Jiang Zengwei, vowed Beijing would not operate a 'Buy China' policy to discriminate against imports.

Tuesday, 10 February, 2009, 12:00am

How much do you know?

Choose the correct answer

1 In 2006, US trade deficit amounted to:

A US$489 million

B US$58 billion

C US$764 billion

2 Canada has a trade deficit.

A True

B False

3 The country that imports the highest value of goods to the US is:

A China

B Canada

29 Oct 2007 - 12:00am

Mainland may not be haven investors hope

As fears grow of a recession in the United States, investors are pinning their hopes on China. Many think the mainland's economy has developed sufficiently to allow its growth to 'decouple' from slowing US demand.

11 Sep 2007 - 12:00am

Danger lurks as Asia battens down to cope with the full impact of the world economic downturn

Asia's dramatic export-driven rebound from the savage economic crisis of 1997-98 is now deeply vulnerable to a synchronised global slowdown. Purged of financial excess and returned to business basics, a flawed but encouraging turn-around strategy appears to hang in the balance.

29 Oct 2001 - 12:00am

SAR missing out on signs of Asia recovery

It is now conceivably just possible that the bottom of Asia's worst export slump in many years has been reached at last.

Exports across the region, including Japan, for the last six months of last year were down 6.5 per cent in US dollar terms but on this six-month average basis the worst point was October, with an 8.5 per cent decline.

11 Feb 1999 - 12:00am

Asian economies keep faith in capital imports

Theory has it that a sound way of measuring how well an economy is adjusting to a period of recession is to break down its imports by consumer goods, capital goods and intermediate goods.

5 Oct 1998 - 12:00am

Xinjiang investment up 33pc

Northwestern Xinjiang province plans to use US$168 million in overseas investment this year. Investment includes $128 million in overseas loans and $40 million in direct foreign investment, 33 per cent more than last year. Xinjiang reported a combined import and export volume of $6.2 billion in the past five years, with imports growing an average 6.9 per cent each year to $3 billion.

7 Apr 1998 - 12:00am

Indonesia a bigger threat to stability than the Gulf

The history of the post-Cold War era has been the triumph of economic institutions over political ones. So it is that we place huge trust in the ability of central bankers and finance ministers to deliver us from economic strife.

23 Feb 1998 - 12:00am

Asian nations need sound policies to lure investors

Asia, once the darling of emerging markets, now knows what it is like to suffer at the hands of fickle private investors.

The huge capital outflows, and the harsh judgments that have been made by the market since last October, are still being felt, and estimates over how much less a factor private investment is going to play in the coming year are already beginning to abound.

13 Feb 1998 - 12:00am

Sluggish exports contribute to doubling trade deficit

Hong Kong's visible trade deficit more than doubled during July because of sluggish export growth and continued high imports, the Government said yesterday.

There were concerns the trade balance could further deteriorate because of the strength of the Hong Kong dollar compared with the currencies of regional competitors.

29 Aug 1997 - 12:00am

Trade deficit down on month

Hong Kong had a visible trade deficit of $17.5 billion in May, up on $12 billion in May last year but slightly lower than the $18.1 billion seen in April. There was a 0.8 per cent drop in total exports to $117 billion, after a 4.5 per cent fall in domestic exports to $16.8 billion and a marginal drop in re-exports to $100.2 billion. Imports rose 3.5 per cent to $134.5 billion.

27 Jun 1997 - 12:00am

October imports outpace exports

THE value of imports outpaced exports by about $9 billion in October.

The Government yesterday said re-exports rose 12 per cent to $102 billion, while domestic exports fell about 2.6 per cent to $21 billion from the same month last year.

Imports rose 13 per cent or $131 billion during the same period.

13 Dec 1995 - 12:00am

Dearer imports push deficit to $57b

HONG KONG'S imports of electronics and telecommunications equipment increased by about $25 billion during the first quarter compared with the same period last year.

13 Jun 1995 - 12:00am

Value of engineering exports grows

THE Far East has become the fastest-growing market for Swedish products over the past few years, with Hong Kong and China accounting for an increasingly significant share.

6 Jun 1994 - 12:00am

America's bludgeon

AMERICA'S frustration with Japan's restricted import markets is understandable. Year after year, United States and Japanese officials have negotiated and blustered, appeared to reach limited agreements on market-opening measures and then found themselves back at their talks as Japan's trade surplus has continued to grow.

5 Mar 1994 - 12:00am