Archive for the 'Trade' Category
Why can’t China climb up the value chain?
China is to a large extent at the bottom of the value chain. Though its high GDP and export figures have aroused world envy, it is the huge multinational corporations like Apple and Toshiba that make more handsome profits. A ... Read More
Textile body to strengthen CSR ties with BSCI
The China National Textile and Apparel Council said on Friday it is joining hands with the Brussels-based Business Social Compliance Initiative (BSCI) to address the corporate social responsibility (CSR) issues of domestic ... Read More
Official: China’s trade surplus unintentional
China never sought a trade surplus, and an excessive surplus will not benefit China’s economic development in the long run, said Liu Haiquan, an official with China’s Ministry of Commerce, in a recent interview with ... Read More
Commentary: Help Africa? Trade not aid please!
After almost a decade of growth, foreign direct investment (FDI) flows to Africa declined in 2009. However, China’s growing investment in the continent served as a buffer against the impact of the global crisis. One of ... Read More
Single year’s corn import quantity exceeds past decade’s
Though as a large, self-sufficient grain producer, the quantity of corn China has imported this year was more than the total amount of the past 15 years, making it a 10-year record, according to media reports. Data from China ... Read More
Argentina adopts anti-dumping measures against Chinese imports
The Argentine Industry Ministry said on Thursday that it has decided to impose anti-dumping duties on multi-functional food processors and polyester textiles for voile curtains imported from China. It said it would levy 202.79 ... Read More
China makes new WTO Gov’t Procurement Agreement proposal
China has presented a new proposal to the World Trade Organization in negotiations over its entry into the Government Procurement Agreement (GPA), Ministry of Commerce spokesman Yao Jian said on July 20. Yao said the Chinese ... Read More
Grim picture for exports this year, says ministry
Despite the high growth in exports during June, the overall prospects for 2010 still look bleak as the European debt woes and the monetary tightening policies will crimp demand for the nation’s goods, the Ministry of ... Read More
Trade vs helping poor seen as a chicken-egg argument
As countries continue to move toward more liberalized trade, governments need to consider the effects that has on the poor, said a Chinese expert. “States should take the direct and indirect impact of free trade on the ... Read More
Premier Wen reassures foreign investors
Premier Wen Jiabao reassured foreign business leaders on Saturday that China’s investment climate was stable and said Beijing would not block the export of rare metals needed to manufacture computers and mobile phones. He ... Read More
Currency moves may imperil textile firms
Half of China’s textile companies risk going to the wall if the yuan appreciates 5 percent against the US dollar, an industry lobby group warned. China National Textile and Apparel Council Vice-President Gao Yong ... Read More
Myanmar to take part in China-ASEAN Expo
Myanmar is making preparations to take part in the 7th Expo of China and the Association of Southeast Asian Nations (ASEAN) in a bid to boost foreign trade and investment, the traders circle said on Monday. Guests attending the ... Read More
China Mobile CEO mulls buyout in Africa
China Mobile, the world’s largest mobile-phone carrier, is looking for acquisitions in Africa but does not have any targets at the moment, its chief executive told Reuters on June 26. The company would be willing to take ... Read More