Trade News

Chinese firms "face barriers"Apr 20, 2011

Despite a sharp reduction in the number of trade remedies against Chinese goods and services launched by trading partners last year, Chinese companies still face trade and investment barriers, the Ministry of Commerce said on Tuesday. In 2010, 66 trade remedy investigations, including anti-dumping, anti-subsidy and special protection measures, were launch...

China vows to boost imports despite trade deficitApr 20, 2011

China will stick to the policy of boosting imports despite the first quarterly trade deficit in six years, said Yao Jian, spokesman of the Ministry of Commerce, on Tuesday. "Considering China's industrial scale and dependence on raw materials from the outside world, the country would probably keep importing resource products for quite some time," said Ya...

African leaders pledge investment climate in regionApr 20, 2011

East African Community (EAC) Heads of State and Government on Tuesday assured members of the business community that their investments in the region are safe and secure. The EAC leaders further said that they were working to create a conducive environment for investment especially by promoting political stability and upgrading infrastructure. The leader...

Hong Kong's goods exports rise 19.9 pct in first two monthsApr 20, 2011

Hong Kong's Census & Statistics Department announced Tuesday that the city's volume of total exports grew 19.9 percent year-on-year in the first two months this year, meanwhile the volume of imports rose 14 percent. During the two-month period, the volume of goods re-exports grew 20.5 percent compared to the same period in 2010, while that of domest...

China's B2B site launches service platform to facilitate tradeApr 20, 2011

China's online business-to-business (B2B) marketplace for wholesale products, DHgate.com, announced Tuesday the launch of DHgate Express, an integrated service platform to help small and medium traders in China better tap the overseas market. The platform will offer a wide range of services, including taking and uploading product pictures, optimizing sea...

S Korean president calls for U.S. approval of FTAApr 19, 2011

South Korean President Lee Myung- bak on Tuesday asked visiting U.S. senators to make efforts to get a free trade agreement between Seoul and Washington endorsed soon, Lee's office said. Noting the South Korea-U.S. alliance is stronger than ever, Lee asked five senators, including Mitch McConnell, a Kentucky republican who seats as Senate Minority Leader...

China's exports undergo 66 investigative probes in 2010Apr 19, 2011

China's exports underwent 66 anti-dumping, anti-subsidy and safeguard measure probes last year, said the Ministry of Commerce (MOC) on Tuesday. The amount of exports examined was worth 7.14 billion U.S. dollars, according to the figures released by the MOC in a report on the trade and investment environment for several of China's major trade partners. (...

Panama expects speedy U.S. ratification of trade dealApr 19, 2011

Panama was upbeat on the news that the U.S. Congress could soon ratify the Trade Promotion Agreement (TPA) between the two countries. "The ratification of the TPA will be an outstanding achievement of the foreign policy from the administration of President Ricardo Martinelli, which will mean an important milestone of his international trade integration ag...

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Qingdao Saint Voyage Log

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