China Becomes Israel’s 2nd Largest Exporter in 2007

Chinese exports to Israel surpassed Germany’s in 2007, making China Israel’s second largest importing country, Israel’s Central Bureau of Statistics said on Wednesday.
Imports from China grew to 4.6 billion U.S. dollars in 2007 from 3.2 billion dollars in 2006, the bureau said.
In 2006, Germany was the second largest exporter of goods to Israel excluding diamonds. [...]

Cosco Pacific’s Profit Rises 11% on China Exports

Cosco Pacific Ltd., Asia’s third- largest container-terminal operator, boosted first-half profit 11 percent as China’s surging exports of toys, furniture and clothes fueled sea-cargo traffic.
Net income climbed to $153.2 million, or 6.8 cents a share, the company said in a Hong Kong stock exchange statement today. Profit, excluding a one-time gain, was $137.9 million a [...]

China Has Big Hand in Japan’s Export Lift

Japan’s trade surplus shrank sharply in July on higher oil and commodities prices, figures showed on Thursday, but robust exports to the rest of Asia, Russia, Australia and the Mideast are helping reduce the nation’s dependence on a slowing United States market.
Developing economies had “become a much bigger source of demand for Japanese exports,” said [...]

China-Britain trade tops 2 billion pounds

Trade figures released by UK Trade &Investment (UKTI) show that business between Britain and China is booming.
Between January and May this year, Britain exported more than 2 billion pounds (about 2.94 billion U.S. dollars) of goods and services to China, an increase of 44 percent on the same period in 2007, whereas Chinese imports for [...]

China’s coal exports seen falling after tax hike

China’s coal exports could fall further in September as higher export taxes take effect, pushing up international prices and giving Australian producers a stronger hand in upcoming contract negotiations.
China, the world’s largest producer and consumer of coal, on Friday said it would impose an export tax of 10 percent on thermal coal starting Aug. 20, [...]

China’s auto exports and imports continue to rise

China’s auto exports amounted to 361,000 units in the first half this year, a year-on-year rise of 58.5%, but the growth rate was 17.1 percentage points lower than the year-earlier level, according to the statistics the General Administration of Customs released today.
The decline in the auto exports growth was mainly due to the U.S. credit [...]

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