Trade News

Growth of China's industrial production slows in AprilMay 11, 2011

China's industrial value-added output rose 13.4 percent year on year in April, down from March's 14.8-percent growth, the National Bureau of Statistics (NBS) said Wednesday. For the first four months of this year industrial value-added output increased 14.2 percent, down 0.2 percentage points from the January-March period, NBS spokesman Sheng Laiyun sai...

China's property sales rose 13.3% in first four monthsMay 11, 2011

The value of property sales in China during the first four months rose 13.3 percent year on year to reach 1.4078 trillion yuan (about 217 billion U.S. dollars), according to the nation's top statistics authority on Wednesday. Sales of residential housing rose 11 percent, while office sales and that of business properties rose 23.8 percent, and 26.6 perce...

Indonesia ratifies free trade pact of ASEAN-Australia, New ZealandMay 11, 2011

The Indonesian government has ratified ASEAN-Australia and New Zealand Free Trade, Coordinating Minister for Economy Hatta Rajasa said here on Tuesday. The minister said that the free trade implementation would start this year, but the some post tariffs implementation would be gradual by up to 2015. "This agreement would bring benefit for Indonesia, so ...

China's Xinjiang to boost yuan settlement in cross-border tradeMay 11, 2011

China's northwestern Xinjiang Uygur Autonomous Region aims to have five percent of its foreign trade settled in yuan, China's official currency, in 2011 as the country continues to push for the use of the yuan in international trade. Officials with the region's financial department said on Tuesday that yuan-settled cross-border trade has exceeded 12.2 ...

FedEx Trade Networks opens more offices in France, Spain, IndiaMay 11, 2011

FedEx Trade Networks has opened five new stations in Europe, the Mideast and the Indian subcontinent, the company announced. The FedEx forwarding unit now has new offices in Le Havre, Barcelona, Bratislava, Istanbul and Delhi. It is part of a global expansion, which has involved opening 38 stations around the world since 2008 in addition to the 70 in t...

German exports, imports hit all-time high in MarchMay 10, 2011

German exports and imports climbed to a record high simultaneously in March, as the Europe's largest economy continuously gained strength from recovering world economy, official data showed Monday. The Wiesbaden-based Federal Statistics Office said that German exports totaled 98.3 billion euros (142 billion U.S. dollars) in March and imports 79.4 billion...

China's April trade surplus stands at 11.43 bln U.S. dollarsMay 10, 2011

China's trade surplus rose to 11.43 billion U.S. dollars in April this year, according to figures released Tuesday by the General Administration of Customs (GAC). The country reported a small trade surplus of 140 million dollars in March, on the basis of a deficit of 7.3 billion U.S. dollars in February -- the country's first since March 2010. China'...

Brazilian supermarket sector sees record growth in two decadesMay 10, 2011

Brazil's supermarket sector last year registered a record growth in two decades, according to a survey released on Monday by a local business association. The sector grew 7.5 percent last year, earning a total of 201.6 billion reais (124.4 billion U.S. dollars) in 2010, the survey released by the Sao Paulo Supermarkets' Association indicated. The stat...

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Qingdao Saint Voyage Log

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