Trade | South China Morning Post
  • Mon
  • Jan 26, 2015
  • Updated: 1:32pm


How trade really adds up

The numbers don't add up.

Forget calculus, algebra and simple arithmetic.

When it comes to calculating trade, you need a whole new understanding of value to make the mathematics work in a world where a notional US$425 export from China is, in fact, worth only US$21 to the country.

Thursday, 6 March, 2014, 4:35am 1 comment

Finding new ways to stay afloat

Illustration: Sarene Chan

Some of the top investment bankers in Hong Kong have chosen to leave a high-flying career in the financial industry and return to more traditional businesses, such as real estate and trade, fuelling doubts about the attractiveness of investment banking jobs in the future.

26 Aug 2013 - 6:58am

Sweden, Denmark and Netherlands call for action to stop looming trade war

European Union Trade Commissioner Karel De Gucht. Photo: AFP

A group of free-trade-oriented northern European nations urged the EU's trade chief on Friday to defuse a growing dispute with Beijing or risk action that could choke exports.

16 Jun 2013 - 7:45am 1 comment

Rivals drawn to Latin groove

A Brazilian worker on the production line for Mexican drinks maker Del Valle. Strong trading links are building within the region. Photo: AFP

Although the Chinese and US presidents heralded a "new model" of co-operation at their weekend summit, a growing competition looks more likely. The whirlwind of activity before Barack Obama hosted Xi Jinping in the California desert revealed that Beijing's and Washington's sights are set on a similar prize - and face differing challenges to attain it.

14 Jun 2013 - 3:49am

Hollande urges co-operation between Beijing, EU

Francois Hollande

French President Francois Hollande said yesterday that the European Union must work with China, and called for a balanced resolution to an escalating trade dispute that began with solar panels but has since spread to European wines and cars.

9 Jun 2013 - 8:46am

Export growth plunges to 1pc as impact of crackdown on fraud has effect

Much of the trade through Kwai Chung and Hong Kong's other container terminals reported by mainland firms was fake. Photo: K. Y. Cheng

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

Germany rejects EU tariffs on Chinese-made solar panels in bid to avert trade war

Li Keqiang and Angela Merkel address a news conference after talks in Berlin yesterday in which trade issues dominated. Photo: Reuters

Germany told the European Commission yesterday that it rejected a proposal to slap tariffs on Chinese solar panel imports. Chancellor Dr Angela Merkel had pledged earlier during a visit by Premier Li Keqiang to take steps to avoid a brewing trade war between China and the European Union.

28 May 2013 - 8:47am

China-Norway free trade talks nearing agreement

China and Norway are close to the "final stage" of negotiations for a free-trade agreement, after talks were suspended for about two years following the awarding of the Nobel Peace Prize to dissident Liu Xiaobo .

Assistant Commerce Minister Yu Jianhua said in Beijing yesterday that the two nations were negotiating on the trade deal, but did not give a time frame for its completion.

28 May 2013 - 4:18am

Angela Merkel and Li Keqiang call for end to EU-China solar trade row

A united front. Both German Chancellor Angela Merkel and Chinese Premier Li Keqiang say they want to head off a trade war. Photo: Xinhua

German Chancellor Angela Merkel and Chinese Premier Li Keqiang have both called for an end to a trade row between Europe and China over solar panels and wireless equipment, telling a joint news conference they were both for free trade.

27 May 2013 - 4:42pm 1 comment

Boosting trade can help restore trust between India and China

Chinese Premier Li Keqiang (right) and India's Prime Minister Manmohan Singh wave towards the media in New Delhi. Photo: Reuters

The fact that Li Keqiang made India his first port of call as premier was imbued with significance. It was given definition when he told his hosts that "world peace … cannot be a reality without strategic trust between [Asia's giants]". In highlighting the connection, Li exposed India's need for "strategic trust" - that is, abiding and overall confidence - in China's leadership.

25 May 2013 - 5:27am

EU trade chief to seek investment pact with China

EU trade chief Karel De Gucht plans to ask the European Union’s 27 countries to agree on a negotiating mandate for a deal with China. Photo: EPA

The European Commission will seek the support of EU governments to launch talks with China on an investment pact that could be a precursor to a free-trade deal if Brussels and Beijing can overcome growing tensions.

24 May 2013 - 11:00am

Japan's April exports disappoint even as 'Abenomics' weakens the yen

Japan's exports rose less than expected in April from a year earlier.

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 premier sees huge benefits in strong economic ties with India

Chinese Premier Li Keqiang. Photo: AP

Li spoke a day after holding meetings with Indian Prime Minister Dr Manmohan Singh during which the two leaders played down a recent border dispute and stressed the aim of forging deeper co-operation.

22 May 2013 - 5:35am

Stronger yuan, fear of forex losses hurting exporters

Fast yuan appreciation has hurt exporters. Photo: Reuters

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

Border row put aside as Indian foreign minister arrives in Beijing

Indian Foreign Minister Salman Khurshid kicked off his two-day visit to China yesterday, laying the groundwork for the Chinese premier to visit India. Khurshid held talks with his Chinese counterpart, Wang Yi , and today will meet Premier Li Keqiang , who is due to visit India on May 20.

29 Aug 2013 - 4:13am