Growth and investments were key topics of discussion during a seminar held to promote China-Africa trade and economic cooperation. Over 100 experts, scholars, businesspersons and officials from France, China and Africa on Friday attended the seminar with the theme of "Africa's view on China." The participants discussed ways to boost trade and econo...
SOUTH AFRICA's economy in the second quarter grew by three per cent year on year and by 3.2 per cent over the previous quarter, despite the push from the soccer World Cup and the tourist traffic in June. The nominal value added to the South African economy in the second quarter was ZAR657 billion (US$89.5 billion) compared to ZAR30 billion added in the...
BEIJING - The Chinese economy faces great pressure this year from rising global trade and investment protectionism and a possible surge in inflation, a senior government official said on Thursday. "Trade protectionism is obviously intensifying, with some countries using self-innovation, government procurement and the yuan's exchange rate to exert press...
Chicago wheat futures reversed losses on Thursday, supported by its shrinking global supplies and rising demand for U.S. export corn and soybean, both of which jumped the most this month. December corn rose 12 cents, or 2.9 percent, to 4.32 U.S. dollars per bushel. December wheat added 8 cents, or 1.2 percent, to 6.885 dollars per bushel. November soybe...
Toyota USA has begun to recall voluntarily some 1.13 million 2005-08 Corolla and Corolla Matrix cars sold in North America due to faulty engine control modules, the company said on Thursday. On vehicles equipped with the 1ZZ-FE engine and two-wheel drive, a crack could develop at certain solder points or on an electronic component used to protect circui...
Mexico will increasingly look to the Asia Pacific region, especially China, for trade, in a bid to reduce its dependence on the United States, a senior official said Wednesday. "Mexico has been very focused on the north (the United States) and needs to reorient itself," Armando Alvarez Reina, director general for Asia-Pacific affairs at the Foreign Mini...
Trade value between China and the Association of Southeast Asian Nations (ASEAN) went up 49. 6 percent year-on-year in the first seven months to 161 billion U. S. dollars, with ASEAN enjoying surplus of 7.54 billion U.S. dollars, said Chinese Commerce Minister Chen Deming here on Thursday. The growth rate of ASEAN's export to China is much higher than ...
Chinese trade official said here on Thursday that China is committed to enhancing cooperation with ASEAN countries, Japan and the Republic of Korea (ROK) on trade facilitation in a systematical way. Chinese Commerce Minister Chen Deming made the remarks at the 13rd Economic Ministers' Meeting of Association of Southeast Asian Nations (ASEAN), plus Chin...
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