Trade News

China's export limits on rare earth conform with WTO rules: former WT...Mar 8, 2011

China's export limits on rare earth conform with the rules of the World Trade Organization (WTO), said China's former WTO representative Sunday. China had imposed regulating measures on the mining, manufacturing, processing and exporting of rare earth, limiting both exports and supply to domestic companies, Sun told Xinhua. "According to WTO rules, a ...

China has labor surplus in rural and urban areas: ministerMar 8, 2011

China's human resources minister said Tuesday that China still has labor surplus in urban and rural areas, including 14 million college and high school graduates in cities this year. "There is a workforce surplus of about eight million people in rural areas and 24 million urban people waiting to be employed," Yin Weimin, minister of human resources and s...

China's Feb rural home appliance sales surge on subsidyMar 8, 2011

Sales of home appliances in China's rural areas surged 168 percent to 20.86 billion yuan ($3.16 billion) in February, driven by a subsidy program to boost consumption, the Ministry of Commerce (MOC) announced Friday. The sales volume in the month rose 126 percent to 8.87 million units, with refrigerators and televisions the most popular appliances among ...

Weak February auto sales split analysts over year's prospectsMar 8, 2011

China's passenger vehicle sales dropped slightly in February from last year, the first fall in more than two years and giving rise to uncertainty about the entire year's sales. Domestic sales of cars, sports utility vehicles, multipurpose vehicles and minivans dipped by 0.4 percent year-on-year to 880,027 units in February, a 37.3 percent dive from the...

Airbus sees Asia-Pacific airlines as main drive for plane orders over ...Mar 8, 2011

European aircraft manufacturer Airbus predicted on Monday that Asia-Pacific airlines are expected to take delivery of around 8,560 new aircraft over the next 20 years, thus becoming the largest air transport market. These orders are valued at 1.2 trillion U.S. dollars, overtaking those from North America and Europe, and will represent 33 percent of new ai...

Commerce minister expects mild increase in China's 2011 exportsMar 8, 2011

China's exports will see a mild increase this year due to complicated domestic and international situation, Commerce Minister Chen Deming told a press conference Monday. Chen said the principle for this year's foreign trade policy is to "stabilize exports, boost imports while lower trade surplus". Despite increasing uncertainties and difficulties, the...

China's trade surplus to shrink this year, deficits likely for some m...Mar 8, 2011

China's Commerce Minister Chen Deming said Monday that the country's trade surplus would narrow this year as the growth of imports was likely to soon outpace that of exports. Growth in China's foreign trade will slow this year, Chen told reporters during the annual session of the National People's Congress, the country's top legislature, adding that ...

China to expand use of RMB in cross-border trade and investmentMar 7, 2011

China will continue to increase the use of its currency renminbi in cross-border trade and investment this year, says a government work report to be delivered by Premier Wen Jiabao at the annual session of the national legislature on Saturday. The country will "press ahead with making the RMB convertible under capital accounts" this year, says the report....

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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

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