Trade News

UN Forecasts Slower Global Growth in 2008 May 16, 2008

World economic growth will drop steeply to 1.8 percent this year, from 3.8 percent in 2007, the United Nations said Thursday in a mid-year economic report. In its World and economic situation and prospect 2008 issued in January, the world body had predicted that global growth would stand at 3.4 percent in this year. The report said that further de...

Japan Registers 3.3% Economic Growth in 1st Quarter May 16, 2008

Japan's economy grew at an annualized rate of 3.3 percent in real terms in the January-March quarter, said a government preliminary report Friday. On a quarter-on-quarter basis, Japan's GDP grew by 0.8 percent in the first quarter of 2008, the Cabinet Office said in the report. Source: CRIEnglish        

Chinese vice premier calls for joint efforts with U.S. to promote worl...May 16, 2008

Chinese Vice Premier Wang Qishan Thursday said joint efforts from China and the United States are needed to push forward the negotiations of the Doha Round in the World Trade Organization. During a meeting with U.S Secretary of Commerce Carlos Gutierrez, Wang said the United States should bring its important influence in world economy and multilateral...

U.S. Commerce Secretary welcomes more Chinese investment May 16, 2008

U.S. Commerce Secretary Carlos Gutierrez said here Thursday that the United States is making efforts to attract more Chinese investors to its market. We would welcome more Chinese companies exploring the multiple opportunities to set up shops in our 50 states, Gutierrez said at the Beijing American Chamber of Commerce and the U.S.-China Business Counc...

US woes' will not hurt ties' May 16, 2008

The US recession is not expected to affect overall China-US relations, the visiting US secretary of commerce said. Carlos Gutierrez said he hopes the US economy's downturn wouldn't impact the countries' relationship, because bilateral relations are bigger than a single economic element, he told China Daily in an exclusive interview in Beijing yesterday...

Foreign trade volume nears $800 bln in first 4 months May 14, 2008

Recently, the General Administration of Customs released this year's trade volume statistics. China's total imports and exports reached 791.14 billion U.S. dollars in the first fourth months, up 24.4 percent year-on-year. Exports amounted to 424.57 billion U.S. dollars, an increase of 21.5 percent; and imports accounted for 366.57 billion U.S. dollars, gr...

Diamond exchange at US$1.07 billion in Shanghai exchange council May 14, 2008

The diamond was valued at 199 million carats, worth US$1.07 billion, at the Shanghai Diamond Exchange Council, in the year 2007. As the only diamond exchange permitted by China's State Council (China's Cabinet), the Shanghai Diamond Exchange Council has developed at the fastest speed across the world. Lin Qiang, CEO of the Shanghai Exchange, said the t...

Shanghai to hold imported products & technology exhibition May 14, 2008

An international exhibition on imported products and technology will be held in Shanghai by the China-European Association for Technical & Economic Cooperation and the Shanghai International Sourcing Promotion Center on November 21. The exhibition will focus on helping such industries as the IT, energy saving, biological pharmacy, printing and packing,...

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Qingdao Saint Voyage Log

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