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China's foreign trade is expected to hit a historic high this year, yet the nation's exporters are likely to come up against more trade barriers as the world economy struggles to stage a bullish recovery. The total value of China's imports and exports are projected to exceed 2.9 trillion U.S. dollars in 2010, Vice Commerce Minister Zhong Shan told a ...
Ethiopian Airlines said on Sunday that it has received the second delivery of a Boeing 777- 200LR, making it the first African airliner to possess and operate the ultra-long-range aircraft. The aircraft arrived at Bole International Airport here on Saturday, an Ethiopian official told Xinhua in a statement. The newly arrived aircraft transported als...
A leading Chinese government think tank in a research report issued Wednesday predicted that China's economy in 2010 would grow 10 percent year on year with gross domestic product (GDP) reaching 37 trillion yuan (5.56 trillion U.S. dollars). In its annual Blue Book of China's Society, the Chinese Academy of Social Sciences (CASS) noted that in 2010 Ch...
Solar industry is booming in the United States, with commercial solar customers installing 103 megawatts in the third quarter, a 38 percent boom from the same period in 2009, newly released figures showed. Along with the booming, prices have been falling, the Solar Energy Industries Association (SEIA) said in a report published by the Los Angeles Times ...
The value of yuan strengthened as the central parity rate of Renminbi, China's currency, was set at 6.6593 per U.S. dollar Friday, compared with Thursday's 6.6635, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float on the inter-bank foreign exchange market within a daily limit of 0.5 p...
China was the subject of 56 trade remedy investigations launched by 19 countries and regions in the first 11 months, figures from the Ministry of Commerce (MOC) showed Friday. These investigations targeted Chinese products with a total value of about 7 billion U.S. dollars, an unnamed official from the MOC Bureau of Fair Trade for Imports and Exports to...
China's foreign trade is expected to exceed 2.9 trillion U.S. dollars this year, and the country expects its trade and international payments to be more balanced over the next five years, Minister of Commerce Chen Deming said Thursday. In an interview with Xinhua, Chen said it is very likely that China could become the world's largest exporter and the...
China and the European Union (EU) will hold their third High-Level Economic and Trade Dialogue (HED) in Beijing on Dec. 21, announced Foreign Ministry spokeswoman Jiang Yu here Thursday. The dialogue will be co-chaired by Chinese Vice Premier Wang Qishan and three senior officials of the European Commission, including Vice President of the European Comm...
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