Logistics News

China's trade deficit with ASEAN members continues to go down in 1st 5...Jul 28, 2008

China's trade with ASEAN members amounted to 95.55 billion U.S. dollars in the first five months of this year, a growth of 26.9 percent over the same period of last year, the General Administration of Customs said on Sunday. The total included 50.27 billion U.S. dollars in import value, up 22.3 percent, and 45.28 billion dollars in export value, up 32...

Bangladesh's Export Earning Grows 15% in Last Fiscal Jul 28, 2008

Bangladesh's export earning in 2007- 08 fiscal year (July 2007-June 2008) recorded 14.01 billion U.S. dollars, marking more than 15 percent growth over that of previous fiscal, said official statistics. According to the provisional statistics of the Bangladesh's Export Promotion Bureau (EPB) released Sunday, the export earning, however, fell short of ...

China Imports More Edible Vegetable Oil at Higher Cost in 1st 5 Months...Jul 28, 2008

A customer picks up a bottle of edible oil at a supermarket in Beijing in this undated photo. China imported more edible vegetable oil at higher cost in the first five months of this year, as demand remained strong at home and prices were buoyed up by short supplies worldwide. Between January and May, China imported 3.57 million tons of edible veg...

Growth in China's prefabricated home exports slows down in May Jul 28, 2008

May found China's foreign sales of prefabricated homes grow at a slower pace, partly because of increasing demand at home for disaster relief after the May 12 earthquake. China exported 130 million U.S. dollars worth of prefabricated homes in May, a growth of 41.9 percent over the same month of last year, the General Administration of Customs said on ...

China exports fewer shoes in first five months Jul 28, 2008

China sold fewer shoes abroad in the first five months of this year, due partly to reduced export tax rebates, continuous RMB appreciation, weaker demand from the United States and trade barriers such as anti-dumping lawsuits, the General Administration of Customs said on Friday. Between January and May, China exported 3.39 billion pairs of shoes, a d...

Imported luxury cars in China to face possible consumption tax rise Jul 28, 2008

Gas-guzzling imported luxury cars with heavy emissions are to face a possible car consumption tax rise in China, industry insiders predict. The State Council, China's Cabinet, held an executive meeting on Wednesday noting the significance of energy savings and made a special call on the country's auto industry to cut back on gas consumption. But n...

China's leading trade fair to undergo major upgrade Jul 28, 2008

The Canton Fair will undergo a major upgrade with further regrouping and breakdown of constituent sections and enhanced services in autumn in a newly-built world- class facility, senior officials said here on Friday. The fair will also be extended into three five-day events running from Oct. 15 to Nov. 6 separated by two four-day intervals, compared t...

Plan to divert diesel exports to domestic market mooted in India Jul 28, 2008

The Indian government is considering dipping into the vast export volumes of one of its biggest domestic oil refiners to ease the cost of diesel in the country. Press outlets said the government is considering a proposal to use 2 million tons of diesel fuel a year from Reliance's Industries' refinery in Jamnagar in the state of Gujarat. The refinery p...

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