Trade News

Obama signs bill to boost U.S. manufacturing Aug 12, 2010

U.S. President Barack Obama on Wednesday signed a bill into law to boost domestic manufacturers by suspending import duties on a variety of raw materials. The bill, formally known as the Manufacturing Enhancement Act of 2010, was approved by the Congress last month. It is expected to save companies 298 million dollars over the next three years in tariff...

Macau's exports shrink 7.1pc in first half of 2010 Aug 12, 2010

MACAU's exports in the first half of 2010 totalled MOP3.62 billion, (US$460 million), indicating a 7.1 per cent less year on year, according to data released by the Macau Statistics and Census Bureau. Domestic exports fell 33.2 per cent, while re-exports increased 12.8 per cent against exports in the first half of 2009. The total value of imports i...

WTO rules Australia not to restrict NZ apple imports Aug 11, 2010

The World Trade Organization ( WTO) has agreed that Australia can not restrict the importation of apples from New Zealand, reported Radio New Zealand. The WTO's disputes panel rejected Australia's argument that importing New Zealand apples would risk the introduction of the bacterial disease of fireblight. It ruled on Monday that Australia's rest...

Enterprises propose to halt corn ethanol projectAug 11, 2010

BEIJING - The central government's measures to close outdated industrial facilities, its latest efforts in energy conservation, will help the country achieve its target to reduce energy intensity, said analysts. In line with several recent orders to cut energy consumption and promote environmental protection, the government is expected to issue more to...

China approves 1st coal-to-gas project in XinjiangAug 11, 2010

China's National Development and Reform Commission approved the first coal-to-gas project planned for Xinjiang Uygur autonomous region, the Shanghai Securities News reported today, citing an unidentified person familiar with the situation. The project is being built by Inner Mongolia Qinghua Group, the Shanghai-based newspaper reported. (Source:china...

July trade numbers hit record highAug 11, 2010

China's exports and trade volume for July hit record highs with exports surging 38.1 percent year-on-year to $145.5 billion and trade volume hitting $262.3 billion, a 30.8 percent increase over the last year, the General Administration of Customs (GAC) said Tuesday. Imports in July grew 22.7 percent year-on-year to $116.8 billion, the GAC said. Chi...

Growth in China's exports, imports slows down in JulyAug 11, 2010

BEIJING - China's exports rose 38.1 percent year on year to $145.52 billion in July, but the growth rate was down from a 43.9-percent surge in June, the General Administration of Customs said Tuesday. China's exports rose 38.1 percent year on year to$145.52 billion in July, but the growth rate was down from the 43.9-percent surge in June, the General ...

China iron ore imports up 9% in JulyAug 11, 2010

China's imports of iron ore in July rose 9 percent from June to 51.2 million tons, customs figures showed on Tuesday. The increase followed three consecutive monthly declines to 47.2 million tons in June, with Chinese customers holding back on purchases amid fading domestic market sentiment. "The recovery was not within my expectations. I guess som...

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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.

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Qingdao Saint Voyage Log

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