GUANGZHOU - Canton Fair, China's largest trade fair and a key barometer of its trade and economic development, opened Friday amid growing concerns that a stronger yuan would weigh on the nation's exports. In addition to business opportunities, the multitudes of sellers and buyers at the fair, officially known as China Import and Export Fair, are watch...
Containerized imports through the ports of Los Angeles and Long Beach in September showed a strong double-digit increase over the same month last year, but the numbers were down compared to the August volumes this year. Imports in Los Angeles were up 20.8 percent compared to September 2009. Long Beach’s imports increased 28.4 percent from last Sep...
China is facing "strong pressure" from capital inflows in the near term, and the country should continue to improve the yuan exchange rate mechanism to prevent "hot money" speculation, the country's foreign exchange regulator said here Thursday. Large increases in the country's foreign exchange reserves in the third quarter has given rise to concerns ...
Indonesia is offering investment opportunities to Chinese investors to do business in natural wealth on the basis of mutual benefit, Antara News Agency quoted a deputy minister as saying on Friday. "Indonesia has abundant natural resources, a huge market and positive economic growth, plenty of human resources and policies which boost investment and indu...
China's restrictions on rare earth exploration, production and export are consistent with international regulations and domestic law, Yao Jian, spokesman for the Ministry of Commerce said here Friday. (Source:xinhua)
China's Ministry of Commerce spokesman said Friday the proposed move of the United States to impose "discriminatory" trade measures on Chinese products was "unreasonable and wrong", which seriously violated the World Trade Organization rules. (Source:xinhua)
Foreign direct investment (FDI) in China in September rose 6.14 percent year on year, compared with a growth rate of just 1.38 percent in August. China received 8.384 billion U.S. dollars in FDI last month, compared with 7.602 billion U.S. dollars in August, the Ministry of Commerce (MOC) said Friday. The September figure brought the total amount fo...
The U.S. trade deficit in August expanded by 8.8 percent from July to 46.3 billion U.S. dollars due to a surge in imports demand, the U.S. Commerce Department said Thursday. For August, exports of U.S. goods and services overseas ticked up 0.2 percent month on month to 153.9 billion U.S. dollars, the highest level in two years, mainly boosted by sales o...
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