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China's trade surplus for the first quarter shrank 10.8 percent year on year as export growth continued to slow, customs figures show. The trade surplus slid to 41.42 billion U.S. dollars in the first three months this year, the China Customs said on Friday. Compared with the same period last year, exports rose 21.4 percent to 305.9 billion U.S. d...
China and Chile on Sunday signed a service trade pact supplementary to their free trade agreement (FTA), the first of its kind with a Latin American country. According to the pact, the two nations will further open their service sectors to each other's market on the basis of their commitments to the World Trade Organization (WTO), the Ministry of Comm...
TOKYO, April 14 (Xinhua) -- The U.S. dollar traded in the lower 101 yen zone early Monday in Tokyo. At 9 a.m., the dollar changed hands at 101.10-15 yen, against 100.95-101.05 yen in New York and 101.80-82 yen in Tokyo at 5 p.m. Friday. The euro was quoted at 1.5710-5715 dollars and 158.85-90 yen, compared with late Friday's quotes of 1.5805-5815 do...
The appreciating yuan is also impacting Chinese exports. It's estimated that exporter profits drop 2 to 6 percent for every one percent appreciation of the yuan. The appreciating yuan is also impacting Chinese exports. It's estimated that exporter profits drop 2 to 6 percent for every one percent appreciation of the yuan.(CCTV.com) Prices for China...
China's central bank says imported inflation could impact financial markets here and stall macro-economic controls aimed at preventing the world's fastest-growing major economies from overheating. China's central bank says imported inflation could impact financial markets here and stall macro-economic controls aimed at preventing the world's fastest-gr...
Foreign investment in China continued to surge in the first quarter of this year, according to the latest figures. Realized foreign investment reached $2.74 million during the first three months of the year, up 61.26 percent year-on-year, the Ministry of Commerce said on its website yesterday. Foreign investment in March alone was $9.28 billion, up 39....
Hong Kong and New Zealand signed a joint communique on customs, vowing to enhance intelligence analysis and risk management and further their cooperation in customs at a biennial meeting held in Hong Kong Thursday. The joint cmmunique was signed by Richard Yuen, Commissioner of Hong Kong Customs and Excise, and Martyn Dunne, Comptroller of New Zealand...
China's two oil giants, PetroChina Company Ltd. (PetroChina) and China National Offshore Oil Corporation (CNOOC), signed agreements for the long-term supply of liquefied natural gas (LNG) from Qatar on Thursday. PetroChina sealed a deal with Qatargas and Shell for 3 million tons of LNG annually that would last for 25 years. The LNG will come from the ...
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