The global financial crisis, which has put pressure on China’s exporters, will also bring opportunities, industry officials said during an electronics fair in Shanghai yesterday.
They said the crisis could lead to increased exports to Europe, as foreign firms cut costs and look for cheaper suppliers.
“It’s a chance for us to upgrade the industry structure,” Chen [...]
The growth in China’s exports and imports slowed dramatically to below 20 percent in October amid a deteriorating global trading environment, the General Administration of Customs said yesterday.
China’s exports increased 19.2 percent year on year to US$128.3 billion last month, down from a 21.5-percent rise in September.
Imports grew 15.6 percent to US$93.1 billion, retreating 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 [...]
Refined silver output in China, the world’s third biggest producer, has peaked and may stop growing as producers halt expansion because of higher costs, lower prices and reduced incentives, an industry official said.
Rising costs of labor and higher taxes on exports have reduced producers’ margins, Zhou Juqiu, chairman of the gold and silver division at [...]
A total of 2,719 consignments of imported food and cosmetics were rejected in the first seven months of this year, the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said on Tuesday.
The products included batches of Ausnutria baby milk formula that was found to contain the Enterobacter sakazakii bacteria, it said.
Of the rejected goods, [...]
