The trade relationship between Brazil and China has in recent years become an almost perfect metaphor for the changing economic landscape in the world.
A decade ago, entrepreneurs in China and Brazil viewed each other with suspicion they were unsure of investing money in each other’s economies, preferring to trust the more mature markets of North [...]
The yuan fell, eroding the bulk of this month’s advance against the United States dollar, on speculation that China is stemming gains to counter the impact of a global economic slump on exports. A rally in government bonds paused.
The Chinese currency has strengthened less than 0.1 percent this month after policy makers pledged to focus [...]
Exports from south China’s Guangdong Province hit a monthly record of 39.1 billion U.S. dollars in September, bucking the global downturn, local customs sources said Wednesday.
The previous record was 37.1 billion U.S. dollars in July for the province, Guangzhou Customs said.
The export volume, which was 28.7 percent of the country’s total, was 14.8 percent up [...]
China Shenhua Energy Co Ltd, the listed company of the nation’s biggest coal producer Shenhua Group, announced its commercial coal output amounted to 15.9 million tons in September, up 17.8% from 13.5 million tons a year earlier, market sources reported.
In a filing with Shanghai Stock Exchange, the company said it sold 17.9 million tons of [...]
China’s coal exports have kept declining since the beginning of the second half of this year, partly as a result of limits in export quotas.
According to latest customs data, China sold abroad 2.08 million tonnes of coal in September, down 53.6 percent from the 4.48 million tonnes in the same month of last year.
Tags: coal, [...]
China saw a month-on-month drop in rolled steel exports in September, albeit foreign sales of such products were higher than the year-earlier level.
Last month China exported 6.67 million tonnes of rolled steel, a growth of 2.23 million tonnes over the same month of last year, sources with the General Administration of Customs said on Saturday.
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