Trade News

China's food exporters strive to meet challenges of higher safety stan...May 5, 2008

China's booming food export industry is facing a difficult year as the overall environment for Chinese food export has tightened and stricter examinations are required from Western importers. Many food export firms in the spring session of the Canton Fair, the largest trade fair in China held in the latter half of April, were daunted by the rising exa...

China imports more motor vehicles in first two months May 5, 2008

China's motor vehicle imports soared sharply on strong demand at home in the first two months of this year, sources with the General Administration of Customs said on Friday. From January to February, China imported 62,000 motor vehicles for 2.26 billion U.S. dollars, up 82.6 percent and 93.4 percent, respectively, on the same period of last year. The...

Trade between Chinese mainland, Taiwan grows more rapidly May 5, 2008

The Chinese mainland witnessed a fast development in trade with Taiwan province in the first two months of this year, as a string of policies benefiting Taiwan businesses were carried out. Sources with the General Administration of Customs said on Friday that the January-February trade volume between the two sides of the Taiwan Straits amounted to 20....

Exporters confront rising environmental costs May 5, 2008

Chinese manufacturers have seen their costs for environmental protection rise, in many ways, since the government raised the standards over the past year. Companies that were identified as violating environmental laws were barred from the Canton Fair, or the China Import and Export Fair, during a penalty period, said fair spokesman Xu Bing. One su...

China urges strict local-level control of grain, fertilizer exports May 5, 2008

The Ministry of Commerce has urged local authorities to strictly control grain and fertilizer exports and expand storage of farm produce to ensure domestic supply. The ministry has issued a circular requiring effective and rigorous measures be taken to implement state policies of controlling grain and fertilizer exports, the ministry said on its websi...

Domestic Steelmakers Toughen Ore Freight Stance Apr 30, 2008

China, the world's largest consumer of iron ore, won't accept demands from BHP Billiton Ltd and Rio Tinto Group for a freight premium on iron ore prices, the China Iron and Steel Association has said. China is decisively against any biased prices for Chinese companies, Luo Bingsheng, vice-chairman of the association, said yesterday. Rio an...

Macao Registers Trade Deficit of 800 Mln USD in Q1 2008 Apr 30, 2008

Macao recorded a trade deficit of 6.37 billion patacas (about 800 million U.S. dollars ) in the first three months of 2008 as the value of total exports fell by 7.1 percent year-on-year, according to the figures released Tuesday by Macao's Statistics and Census Service (DSEC). The figures indicated that the exports/imports ratio from January to March ...

EU Extends Anti-dumping Duty against Chinese Shoes to Macao Apr 30, 2008

The European Union (EU) has decided to extend its anti-dumping duty against Chinese leather shoes to Macao, which the EU alleges was used by Chinese shoemakers as a transit for re-exports to Europe. The measure, approved by EU governments in Luxembourg Tuesday, aims to prevent Chinese shoe exporters from evading a 16.5-percent anti-dumping duty, the E...

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Qingdao Saint Voyage Log

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