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China's trade surplus has been exaggerated by the current statistical method to measure trade, an expert at a Brussels-based think tank said. "I would say that China's export is not as large as some say it is. The large export figures include value that has been added in other countries before the assembly in China," Hosuk Lee-Makiyama, co-director of...
South Korea will seek more free trade agreements with emerging and developing economies in an effort to reinforce diplomatic ties with them, the Ministry of Foreign Affairs and Trade said Wednesday. "We will expand free trade negotiations with countries in Africa, the Middle East and Central and South America, as their emergence brings a global economic...
BEIJING - China's monetary tightening in 2011 may occur mainly in the first half as officials tackle the fastest inflation in more than two years, JPMorgan Chase & Co and Morgan Stanley said. The People's Bank of China increased key one-year lending and deposit rates by 25 basis points on Christmas Day in its second move since mid-October. The...
China Chamber of Commerce for Metals, Mineral and Chemicals Importers and Exporters (CCCMC) calls on more countries with rare earth resources to take part in the exploration of the rare-earth elements and make global supplies more diversified, the China Securities Journal reported Tuesday. Xu Xu, chairman of CCCMC, said the commerce chamber, repre...
East China's Jiangsu province sold abroad 23.52 million solar cells in the first 10 months of this year, a 190-percent year-on-year rise, the local customs house said on Dec 28. The exports were valued at $2.87 billion, up 160 percent year-on-year. But the average price went down 10.6 percent year-on-year to $121.9 per cell. Of the total sales, for...
BEIJING - China is considering establishing an industry association and a government unit for the rare earths industry to gain more control over the precious metals, senior officials said Tuesday. The rare earths industry association is likely to be launched in May and will assist companies in exports and international cooperation, Wang Caifeng, a forme...
As an international financial and trade hub backed by one of the most robust economies in the world, Hong Kong's economy recovered vigorously in 2010, outperforming most forecasts made earlier, with sound GDP growth and low unemployment rate. After a revised 2.6 percent down of GDP in 2009 from a year earlier, Hong Kong is expected to record a year-on-...
Trade volume between China and Vietnam in the first 10 months climbed 42.4 percent from a year earlier to 23.12 billion U.S. dollars, a Chinese official said here Tuesday. Zhu Hongren, chief engineer of China's Ministry of Industry and Information Technology (MIIT), said at a China-Vietnam trade seminar that the trade growth was pushed up by intensifie...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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