Trade News

Hong Kong's total goods exports increase 5.5% n February Apr 18, 2008

Hong Kong's volume of total goods exports grew 5.5 percent while the volume of imports rose 9.8 percent in February compare with the same month of last year, the Census and Statistics Department of Hong Kong said Thursday. Hong Kong's re-exports of goods also grew 5.9 percent in the same month of last year, while domestic exports shrank 4.5 percent. T...

China to add 100% export duties on fertilizers Apr 18, 2008

China will impose an additional 100 percent duties on exported chemical fertilizers and some raw materials from April 20 to Sept. 30, the Ministry of Finance said on Thursday. Exporters in all regions and all kinds of trading forms are covered, it said. The increase, the second such move in 2008, aims to ease the current fertilizer supply jitters ...

China's combined direct investment abroad topped $92 bln by 2007 Apr 18, 2008

China's combined direct investments abroad amounted to 92.05 billion U.S. dollars by the end of 2007, said a senior official of the China Council for the Promotion of International Trade (CCPIT) on Wednesday. Zhang Wei, vice chairman of the CCPIT, said here that since the government initiated the going global strategy for domestic companies in 1998, C...

China to add 100% export duties on fertilizers Apr 18, 2008

China will impose an additional 100 percent duties on exported chemical fertilizers and some raw materials from April 20 to Sept. 30, the Ministry of Finance said on Thursday. Exporters in all regions and all kinds of trading forms are covered, it said. The increase, the second such move in 2008, aims to ease the current fertilizer supply jitters ...

China's combined direct investment abroad topped $92 bln by 2007 Apr 18, 2008

China's combined direct investments abroad amounted to 92.05 billion U.S. dollars by the end of 2007, said a senior official of the China Council for the Promotion of International Trade (CCPIT) on Wednesday. Zhang Wei, vice chairman of the CCPIT, said here that since the government initiated the "going global" strategy for domestic companies in 1998,...

Taiwan eyes more mainland investment eyes more mainland investment Apr 17, 2008

A group of Taiwanese enterprises led by Core Pacific Group yesterday hosted an investment forum in Beijing to attract mainland businesspeople. It was the first investment forum organized by Taiwanese firms since President Hu Jintao met chairman of the Taiwan-based Cross-Straits Common Market Foundation Vincent Siew at the Boao Forum for Asia. "The p...

Cisco draws up big plan for China Apr 17, 2008

US computer networking giant Cisco Systems aims to grow China into one of its top three markets within five years, a company executive said yesterday. Company Chairman and CEO John Chambers said China, which is in a dynamic state of transition, is emerging as a strategic market for Cisco, the world's largest maker of routers, switches and other equipme...

China's export industries challenged amid U.S. credit crisis Apr 17, 2008

Exhibiting at China's largest trade fair may not be a painkiller for tens of thousands of Chinese exporters who have felt a pinch under the spell of the U.S. credit crisis. It is too early to see how many orders would be signed during the ongoing biannual Canton fair held in Guangzhou, capital of south China's Guangdong Province, but gloomy prospects ...

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