China’s Building Materials Industry
2008 will be a reshuffling and competitive year for the Chinese building materials industry, characterised by soaring raw material prices, distributors entering manufacturing...Trade News
China dropped two places to 17th in the latest World Competitiveness»This year’s drop isn’t statistically significant, and “China has been on the upward path” in recent years
Chinese economic growth forecasts to about 9%»The recovery in the global economy will also come slower than a previous projection put forward by the IMF six months ago, said Olaf Unteroberdoerster, IMF’s resident representative in the Hong Kong Special Administrative Region
Trade between Chinese mainland, Taiwan grows more rapidly»Sources with the General Administration of Customs said on Friday that the January-February trade volume between the two sides of the Taiwan Straits amounted to 20.5 billion U.S. dollars
China Current Events
Chinese exporters such as Zhejiang New Oriental Fastener Company no longer take it for granted that their customers will pay them»Chinese exporters such as Zhejiang New Oriental Fastener Company no longer take it for granted that their customers will pay them
China’s economic growth probably to slow down»According to our initial judgment, 2007 was probably the peak point of the current Chinese economic growth curve.
China’s economy won’t see galloping inflation» It is imperative for the Chinese government to pay close attention to inflation pressure in the future, Su told a one-day forum on Sino-Indian financial cooperation.
Globally, due to the continuous depreciation of the U.S. dollar and strong growth of some emerging economies, prices of energy, raw material and farm products have kept […]
China Business Directory
China Currency Coalition Encourages Inclusion in Trade Bill of Provision to Address Substantial Undervaluation of China’s Renminbi»The China Currency Coalition (”CCC”) today underscored its view that H.R. 6530, the Trade Enforcement Act of 2008, needs to be strengthened by the addition of language that would treat injurious currency depreciation by China or any other U.S. trading partner as a countervailable subsidy and actionable dumping. While appreciative of the efforts by the […]
Vietnam to buy more electricity from China»The Electricity Vietnam (EVN), the country’s biggest electricity producer and sole distributor, will have to pay 4.5 U.S. cents for each imported kWh of electricity, and resell it to local consumers with price of 5.6-11 cents, said EVN deputy general director Nguyen Manh Hung.
China imports more motor vehicles in first two months»From January to February, China imported 62,000 motor vehicles for 2.26 billion U.S. dollars, up 82.6 percent and 93.4 percent
