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Rare earth exports double in November

China's monthly exports of rare earth metals more than doubled to 2,090 tons in November, bouncing back after falling by more than three-quarters in October, data supplied by China Customs Statistics Information Center (HK) showed. While the monthly volume remained at the second...

Rare earth exports surge in November

China's monthly exports of rare earth metals more than doubled in November to 2,090 tons, bouncing back after falling by more than three-quarters in October, China Customs Statistics Information Center (HK) said. The value of exports continued to skyrocket, topping $121 million ...

Nepal, China sign MoU for promotion of trade

A Memorandum of Understanding ( MoU) has been signed between the Confederation of Nepali Industries (CNI) and China Council for Promotion of International Trade (CCPTI) in Nepali capital Kathmandu Monday afternoon. Acting President of the CNI Narendra Kumar Basnyat and Chairman ...

32 pct of Hong Kong's exports to Mainland for outward processing

Thirty-two percent of Hong Kong' s total exports to the Chinese Mainland were for outward processing in this year's third quarter, according to statistics of the Census and Statistics Department released on Monday. Meanwhile, 48 percent of Hong Kong's imports from the Chinese ...

Sharp increase of vehicle exports

China's vehicle exports in the first 11 months this year totaled 483,300 units, a year-on-year increase of 68.5 percent, according to recent statistics of China Association of Automobile Manufacturers.In November alone, 25,100 cars and 23,800 commercial vehicles were shipped ...

China's foreign trade to hit new high, but exports environment worsens

China's foreign trade is expected to hit a historic high this year, yet the nation's exporters are likely to come up against more trade barriers as the world economy struggles to stage a bullish recovery. The total value of China's imports and exports are projected to exceed 2.9 ...

Official: imports crucial to China's economic restructuring

China saw its trade surplus go down by 3.9 percent over the first 11 months of the year compared with the same period of 2009. But it is a plunge of 34 percent compared with the first 11 months of 2008, when the financial crisis began to bite the global market. It was almost ...

Official: China-US economic ties far beyond trade problem

It is a misperception to focus on the U.S. trade deficit and downplay the huge common interests in the "extremely extensive" China-U.S. economic relations, said a senior Chinese official for commerce. Yao Jian, spokesperson for the Ministry of Commerce, said on Wednesday in ...

China subject to 56 trade remedy investigations in first 11 months

China was the subject of 56 trade remedy investigations launched by 19 countries and regions in the first 11 months, figures from the Ministry of Commerce (MOC) showed Friday. These investigations targeted Chinese products with a total value of about 7 billion U.S. dollars, an ...

China to guarantee basic market supply of rare earth

Ministry of Commerce spokesman Yao Jian said on Dec. 15 that China will adopt a responsible attitude to protect the basic market supply of rare earth resources. Yao said the Ministry of Commerce is working with relevant departments to step up the formulation of a rare earth quota ...

China, US make trade progress

After concluding a high-level meeting in Washington DC Wednesday, top US and Chineseofficials announced progress had been made on beef, software and other bilateral trade irritants, but Beijing maintained that Washington needed to loosen its own export controls, agencies reported...

Exporters urged to focus on emerging markets

China, now the second-largest industrial trading nation, will further spur machinery and electrical product exports to emerging markets next year to establish a diversified sales network and seize global business opportunities, the Ministry of Commerce said on Thursday. ...

China-US trade talks 'make progress'

China has made substantial progress in providing foreign companies with a more open and fair trade environment by agreeing to changes in indigenous innovation policies and government procurement during two days of trade talks between China and the United States, according to ...

Trade target set at $100b

China and India vowed on Thursday to raise bilateral trade to $100 billion by 2015, from $60 billion in 2010, and called for a stronger partnership between Asia's two giants. "I believe with our joint efforts ... we'll be able to raise our friendship and cooperation to a high ...

China's foreign trade to top 2.9 trillion USD this year: minister

China's foreign trade is expected to exceed 2.9 trillion U.S. dollars this year, and the country expects its trade and international payments to be more balanced over the next five years, Minister of Commerce Chen Deming said Thursday. In an interview with Xinhua, Chen said it is ...

HK's exports up 8.9% in October

Hong Kong's total exports of goods increased by 8.9 percent from a year earlier in October, said the Census and Statistics Department of the Hong Kong government on Thursday. In October 2010, the volume of Hong Kong's re-exports of goods increased by 9.0 percent over October 2009...

China, EU to hold high level dialogue on economy, trade in Beijing

China and the European Union (EU) will hold their third High-Level Economic and Trade Dialogue (HED) in Beijing on Dec. 21, announced Foreign Ministry spokeswoman Jiang Yu here Thursday. The dialogue will be co-chaired by Chinese Vice Premier Wang Qishan and three senior ...

China's 2010 machinery, electronic exports to hit $940 bln

China is expected to be the world's largest exporter of machinery and electronic products in 2010, with export value of the goods up 30 percent year on year to 940 billion U.S. dollars, said an industrial head Thursday. China exported 842.74 billion U.S. dollars worth of ...

U.S.-China trade talks bring mutually beneficial results: U.S. Commerce Secretary

The annual trade talks between the United States and China have led to "great outcome," and will benefit both countries, U.S. Commerce Secretary Gary Locke said on Wednesday. "The work that we have done today will benefit both China and the United States," Locke said at a press ...

FDI may attract $100b

China is on course to attract a record $100 billion in foreign direct investment (FDI) this year, the commerce ministry said Wednesday. The nation attracted $91.7 billion in foreign direct investment in the first 11 months of 2010, nearly 18 percent more than in the same period ...
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