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China's food export reached 2.62 billion U.S. dollars in March, up 8.9 percent from a year earlier, presenting the first year-on-year growth in the last five months, said General Administration of Customs (GAC) here on Monday. Export of fruit led the growth, rising 23.5 percent in March. Seafood was up 16.2 percent year on year. Food export totaled 7.1...
China's bilateral trade with the United States, the European Union and Japan, its three major trade partners, continued to fall in the first quarter, the General Administration of Customs said in a report on Monday. The bilateral trade volume between China and the U.S. dropped to 62.08 billion U.S. dollars in the first quarter, down 15.7 percent year o...
China's exports and imports shrank for the sixth month in row in April, the General Administration of Customs said on Tuesday. Exports fell 22.6 percent in April from the same period a year ago to 91.94 billion U.S. dollars. Imports were down 23 percent to 78.8 billion U.S. dollars, The trade surplus was 13.14 billion U.S. dollars. A Citic Securiti...
EU Commissioner for Competition Neelie Kroes shows a computer component while talking to the media during a joint press conference at the EU Commission headquarter in Brussels, Wednesday May 13, 2009. [Photo: Xinhuanet/Reuters] The European Commission (EC) said here on Wednesday that it had fined the Intel Corp. a record 1.06 billion euros (1.44 billion U...
China The Chinese mainland stock markets edged up on Wednesday. The benchmark Shanghai Composite Index gained 45.59 points, or 1.74 percent, finishing at 2663.77 points. The Shenzhen Component Index rose 115.22 points, or 1.13 percent, to close at 10294.37. Japan Tokyo stocks closed slightly higher Wednesday with the key Nikkei index up 0.45 perce...
China will push forward consolidation in the non-ferrous metal industry to form three to five big firms in three years, a detailed stimulus plan released on Monday by the State Council showed. The plan, whose draft was published in February, said: The government seeks to make great progress in industrial consolidation. By 2011, the top 10 firms should con...
Pig farmers are warned to stop expanding their farms after fear of the A(H1N1) flu and a glut of hogs caused China's pork prices to plummet. The price of pork dropped 28.6 percent year-on-year in April, according to the latest National Bureau of Statistics data. The decrease has prompted the Chinese government to consider buying up large quantities of ...
Dutch financial services group ING registered a loss of 793 million euros (1,085 million U.S. dollars) in the first quarter of this year as asset prices continued to fall due to the fallout of the financial crisis, the group said Wednesday. The Amsterdam-based group said in a statement on its website that its banking arm booked a profit before tax of 443 ...
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