Trade News

China to See Early Recovery ahead of Global Economy Feb 6, 2009

Most Chinese economists said China's economy would recover as early as this year, a survey has showed. China Economic Monitoring and Analysis Center, a survey organization of the National Bureau of Statistics (NBS) said in a report on Thursday that 92 percent of the economists polled believed China's economy will recover from the global financial crisi...

China to Hike Textile, Garment Export Tax Rebate from Feb. 1 Feb 6, 2009

China's policy to increase the tax rebate rate for textile and garment exports from 14 percent to 15 percent becomes effective from Feb. 1, said the Ministry of Finance in Beijng on Thursday.    China's policy to increase the tax rebate rate for textile and garment exports from 14 percent to 15 percent became effective from Feb. 1, the Ministry of Fina...

NAFTA trade suffers biggest fall since 9/11 Feb 6, 2009

The value of trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 13.8 percent lower in November 2008 than in November 2007, dropping to $60.7 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. It’s the biggest year-t...

China bans tainted US peanut paste foods Feb 5, 2009

China has banned food imports from 11 United States-based companies whose products have been tainted with peanut butter or paste that contain salmonella bacteria, Wednesday's China Daily reported. The blacklisted 11 food manufacturers include the Peanut Corporation of America (PCA), considered the source of the contamination, and also the breakfast cer...

Financial city is taking shape Feb 5, 2009

Shanghai's recent plan to further escalate the role of its Lujiazui financial and trade zone is good news for financial talents from home and abroad, but a prudent approach and adequate screening is especially necessary, warned an economist on Tuesday. In a working report to the Shanghai local people's congress last month, Mayor Han Zheng said the city...

Appeal of India toy ban likely Feb 5, 2009

The Chinese government is mulling a response to India's recent ban on Chinese toy imports and will probably ask the World Trade Organization to investigate whether the ban violates WTO laws, said a person close to the issue on condition of anonymity. This comes after a similar move in which China asked the WTO to investigate anti-subsidy and anti-dump...

China revises regulation on techonology import procedures Feb 5, 2009

The Ministry of Commerce (MOC) announced the revision to the Administration of Technology Prohibited or Restricted from Import Procedures (ATPRIP) here on Tuesday. According to the new regulation, investigate privileges for import applications will be transferred from MOC to the provincial and municipal commercial administration departments. Al...

US Senate Retains Buy American Provision in Stimulus Plan Feb 5, 2009

The U.S. Senate on Wednesday chose to retain Buy American provision in its roughly 900-billion-dollar economic stimulus plan despite of criticism from the nation's major trade partners and warnings of an international trade war. With a vote of 65-31, the Senate rejected an amendment by Republican Senator John McCain which would have stripped the stimul...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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