China’s auto export in 2009 dropped 46 percent year-on-year due to the global downturn, according to the China Association of Automobile Manufacturers (CAAM) Wednesday.
The CAAM said China exported a total of to 369,600 autos in 2009, valued at $5.19 billion, both down 46 percent from 2008, citing figures from the General Administration of Customs.
Thanks to [...]
China’s export of mechanical and electrical products would see a moderate growth in 2010 thanks to the gradually improving external demand, an official with China’s Ministry of Commerce (MOC) said Tuesday.
Zhang Ji, director of the department of mechanic, electronic and hi-tech industry under the MOC, forecasted that the export of mechanical and electrical products to [...]
China will probably overtake Germany to become the world’s largest exporter though its exports in 2009 had fallen 13.9 percent from a year earlier, according to figures released Sunday by the General Administration of Customs (GAC).
But Chinese experts and officials said the country was far from being a real trade power if measured by exports [...]
Stopping importing from China may result in an increase in the U.S. trade imbalance, chief economist of the World Bank Justin Yifu Lin said during a speech here on Thursday.
Addressing the audience at a forum about the forecast and views of Chinese economy held at the New York Stock Exchange, Lin said the imbalance between [...]
China’s manufacturing has recorded growth for 10 straight months, consolidating the recovery of the world’s third largest economy, an official survey showed on Friday.
The Purchasing Managers’ Index (PMI) of China’s manufacturing sector stood at 56.6 percent in December, 1.4 percentage points higher than that for November, the China Federation of Logistics and Purchasing (CFLP) said.
It [...]
The trade volume at the Yiwu market in east China’s Zhejiang Province, the country’s largest distribution center for small commodities, had set a new record in 2009 despite the global financial downturn, local authorities said Friday.
 The market reported a trade volume of 41.2 billion yuan (6.1 billion U.S. dollars) in the past year, indicating [...]
