Trade News

USDA amends meat import rules for U.K.'s Surrey County Dec 29, 2008

 The U.S. Department of Agriculture's Animal and Plant Health Inspection Service said it will amend regulations governing the imports of certain animals, meats and other related products into the United States by restoring Surrey County, England, to its list of world regions that are considered free of rinderpest and foot-and-mouth disease, effective Jan....

China's Foreign Debt Up 18 pct from End-2007 at $442b Dec 29, 2008

China's outstanding foreign debt was 441.95 billion U.S. dollars through September, up about 18.3 percent from the end of 2007, the State Administration of Foreign Exchange (SAFE) said on Friday. The figure excluded Hong Kong, Macao and Taiwan. Medium- and long-term foreign debt was 161.9 billion U.S. dollars, up 5.45 percent from the end of 2...

China imported 30.82 million tonnes of soybeans in the first 10 months...Dec 29, 2008

China imported 30.82 million tonnes of soybeans in the first 10 months of this year, a growth of 25.6 percent on the same period last year, the General Administration of Customs said on Sunday. The arrivals were valued at 18.73 billion U.S. dollars, up 120 percent. The dramatic increase is due to higher soybean prices. The imports were priced at 607.70...

China regrets, opposes Australia's anti-dumping investigation on weld ...Dec 26, 2008

  China said Thursday it regretted and firmly opposed an Australian decision to launch an anti-dumping and anti-subsidy probe into China-made weld carbon steel pipe. The investigation lacks sufficient legal and factual bases and violates World Trade Organization rules, said the Chinese Ministry of Commerce (MOR) in a statement posted on its Web si...

Global financial meltdown hits Beijing in foreign trade Dec 26, 2008

Beijing reported 18.01 billion U.S. dollars worth of imports and exports in November, down 5.4 percent from the same month last year. The negative growth is the first since August 2002, a source from Beijing Customs said Thursday. The global financial crisis also pulled down the growth rate of foreign trade in Beijing by 51 percentage points compa...

Beijing reports record use of overseas investment Dec 26, 2008

The Chinese capital city used 5.9 billion U.S. dollars of overseas investment in the first 11 months of the year, said the Beijing municipal bureau of commerce Thursday. And the amount of paid-in overseas investment this year will rise beyond 6 billion U.S. dollars, a record high, according to the source. The city saw improvement in structure and ...

Foreign investment to be encouraged in 400-plus sectors in China's mid...Dec 26, 2008

China issued on Dec. 23 a new category of industries where foreign investment is encouraged in the 21 provinces in the mid-west and northeast of the country. The new list which includes more items than the existing one will be effective as of Jan 1, 2009. The existing list promulgated in 2004 and the list of priority industries for foreign investment ...

China forex official reportedly to be involved in corruption case Dec 26, 2008

A high ranking official of the State Administration of Foreign Exchange (SAFE) had been taken away by the central discipline agencies for investigation, according to reports on website www.caijing.com.cn on Wednesday. Xu Mangang, director of the Supervision and Inspection Department of the SAFE, began to take a leave about two weeks ago, but h...

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Qingdao Saint Voyage Log

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

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