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. [...]
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 has asked its coal exporters to reduce exports, as it is in the grip of its worst power crisis since 2004, largely caused by a coal shortage and high prices.
The government is eager to keep more supply back for local generators, many of which have been unable or unwilling to buy expensive coal.
But the [...]
Li & Fung Ltd, a Hong Kong-based consumer goods exporter, has agreed to acquire the U.S.-based handbag importer Van Zeeland, Inc to become a leading handbag supplier in the U.S., as per industry sources.
Li & Fung said in a statement that it will invest approximately HK$2.574 (about US$330 million) in acquisition of all the American [...]
China’s trade surplus was 123.72 bln usd in the first seven months, the General Administration of Customs said, confirming a report from the Xinhua news agency released a few minutes before the official announcement.
Customs also confirmed that the trade surplus was 25.28 bln usd in July, up from 21.35 bln usd in June.
The trade surplus [...]
China’s reliance on foreign trade had exceeded 60 percent, which made the country more sensitive to price changes on international markets and caused the ensuing external-driven inflation in the nation, sources with the National Bureau of Statistics (NBS) said on Tuesday.
The country’s inflationary pressure was mainly driven by price rises for crude oil, grain and [...]
