Exports continue to rise although growth has slowed because of the global economic downturn, according to Customs figures released yesterday.
Exports reached $128.3 billion in October, up 19.2 percent year-on-year, but down from the 21.5 percent increase for September and the 22.3 percent rise for the first three quarters of the year.
Tags: export, exports
The growth of China’s automobile exports has experienced rapid growth with an average annual growth rate of 94% after China joined the WTO, stated Zhou Shijie, the deputy director general of the Department of Mechanic, Electronic and Hi-Tech Industry of the Ministry of Commerce (MOFCOM) on November 10.
However, China’s automobile export industry is still in [...]
China coal export amounts to 2.56 million tonnes in October this year, down 51% year on year from 5.25 million tonnes in Oct last year, according to the latest data released by the General Administration of Customs on Tuesday.
In the period of Jan-Oct this year, China exported 38.28 million tonnes of coal, dropping 11.5% from [...]
China’s coal exports rose to 2.56 million tonnes in October, up 23 percent from a month earlier, customs data showed on Tuesday, as waning buying interest from electricity generators added to a surplus at home.
Earlier this year, China’s rapidly growing coal consumption caused imports to rise and exports to slump, sparking a surge in benchmark [...]
Chinese exporters yesterday expressed their deep regret at a European Commission’s decision to propose anti-dumping duties up to 87 percent on Chinese-made screws and bolts.
“The decision is fundamentally flawed because the European Commission’s own analysis indicates that European manufacturers of these products have not suffered any damage as a result of increased imports of screws [...]
Rio Tinto Group, the world’s second- largest iron ore exporter, will cut output at its mines in Western Australia by 10 percent because of reduced demand from steelmakers in China, following the lead of bigger rival Cia. Vale do Rio Doce.
“This reduction is a prudent move to align production with revised customer delivery requirements in [...]
