SZ trade rises 86% in Jan.
SHENZHEN reported US$33.25 billion in imports and exports last month, year-on-year growth of 86.1 percent, according to Shenzhen Customs statistics over the weekend.
The processing trade contributed more than US$17.8 billion to total imports and exports.
Huizhou sees US$2.7b in trade
HUIZHOU registered US$2.76 billion in imports and exports last month, up 75.1 percent over the same period last year, according to Shenzhen Customs over the weekend.
The city s trade surplus was US$580 million last month. In addition, trade with South Korea recovered, reaching US$390 million.
Thermal power plants to suffer more losses
THERMAL power plants in China could suffer more losses this year as rising coal prices on global markets would drive up domestic coal prices, an official report said.
The economic recovery around the world, especially in emerging economies, will boost coal demand and push up coal prices, and cause China s coal prices to hike, the China Energy Research Society (CERS) said in its report. The CERS forecast the domestic prices of coal for power generation would rise by around 30 yuan (US$4.5) per ton in comparison with last year.
China denies study of EU telecom subsidies
THE Commerce Ministry on Friday denied conducting a study of European Union subsidies for telecom firms, and said any such protectionist measure was unacceptable.
The ministry said in a statement that it would pay close attention to information about alleged European telecom subsidies in a report referred to by The Wall Street Journal.
