The latest batch of mainland economic data has triggered a slew of cuts to analysts' forecasts for domestic growth this year, but officials are unlikely to loosen monetary policy in response.Tuesday, 11 June, 2013, 3:25am
The mainland's struggling exporters will look in vain to currency regulators to help them survive a prolonged downturn in demand from their major foreign markets.10 Jun 2013 - 4:52am
Japan's exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confronting the world's third-biggest economy as policymakers try to engineer a sustained revival.23 May 2013 - 4:43am
China's crackdown on hot money inflows may ease some of the speculative pressure driving the yuan higher and skewing credit conditions, but likely at the expense of revealing the extent to which exporters are struggling for business as the global economy sags.22 May 2013 - 5:29am
French Foreign Minister Laurent Fabius highlighted the need for his country to regain its competitiveness in order to rebalance bilateral trade. "Although our trade deficit with China decreased by €1.5 billion (HK$15.2 billion) in 2012, it is still very large at about €26 billion, which is 40 per cent of our overall trade deficit," Fabius told a press conference at the Hong Kong Foreign Correspondents' Club.7 May 2013 - 3:56am
In a research report published in the China Securities Journal yesterday, the think tank forecast imports may grow about 8 per cent in the second quarter, slightly below the 8.4 per cent in the first three months, generating a trade surplus of about US$128 billion.7 May 2013 - 4:24am
Guangdong's plan to spend billions of yuan to create a network of ports, railways and waterways will pose a competitive threat to Hong Kong. But it may benefit Hong Kong exporters as a strike at the city's port enters its fifth week, say industry players.29 Apr 2013 - 4:11am 1 comment
South Korean Finance Minister Hyun Oh-seok said Japan's weakening yen was hurting his country's economy more than North Korean threats, an example of a "spillover" that merits discussion.20 Apr 2013 - 5:44am
The Group of 20 economies will affirm a commitment to avoid weakening their currencies to gain an advantage for their exports, according to a draft statement prepared for a meeting this week in Washington.19 Apr 2013 - 4:06am
South Korea unveiled a 19.3 trillion won (HK$135.1 billion) stimulus plan to support exporters under pressure from a weaker Japanese currency and revive an economy that grew last year at the slowest pace since 2009.
The package will boost growth by 0.3 percentage point and create 40,000 jobs, the Finance Ministry said.17 Apr 2013 - 4:56am
The mainland's unprecedented run of better-than-forecast export growth has spurred deeper scepticism of the data at banks including Goldman Sachs, casting doubt on the strength of the recovery.10 Apr 2013 - 3:57am
Hong Kong exporters' confidence rebounded the most in a year this quarter, although it remained slightly below the threshold that indicates expansion.
Their optimism was fuelled by improved exports, although jewellery exporters remained gloomy in light of a clampdown on the lavish lifestyle of mainland bureaucrats.20 Mar 2013 - 4:35am
The restriction on exports of powdered milk for babies will be reviewed in one year, Chief Secretary Carrie Lam Cheng Yuet-ngor said yesterday, adding that the policy was not meant to single out mainlanders.
Speaking in Guangzhou after meeting provincial officials, she said the review would assess the impact of the rule on the supply of infant formula in the city.16 Mar 2013 - 4:53am 1 comment
Canada is still open to investments from foreign state-owned firms in its energy sector, and it is keen to diversify its export markets to Asia to reduce its reliance on the United States, the country's foreign affairs minister said.14 Mar 2013 - 7:47am
Growing exports, particularly from China and Southeast Asia, will fuel a boom in international container shipping volumes in the next four years, shipping experts said yesterday.
But while ocean carriers such as Orient Overseas Container Line are set to place orders for more mega box carriers, they are expected to find trading conditions difficult, the experts added.13 Mar 2013 - 4:41am