Fuel oil futures on the Shanghai Futures Exchange closed at RMB 4.712, increasing by 4.4% from the previous trading day, thereby recording the largest one-day increment since early 2006.
As contract prices soared an accumulative 6.3% since last Thursday, crude oil prices are expected to continue to rise. Li Jingyuan, an analyst at Haifu Futures Co, [...]
The trade between China and South Africa has witnessed rapid growth in recent years with officials estimating that the bilateral trade volume could reach US$14 billion this year.
The bilateral trade this year could grow by over 40 percent than last year, said Ling Guiru, counsellor on economic and commercial affairs of the Chinese Embassy to [...]
China yesterday urged the European Union to remove barriers in hi-tech exports to China to adjust the bilateral trade imbalance.
China has applied many measures to curb its own exports this year and hopes the EU will remove the barriers to hi-tech exports to China, said Wang Xinpei, spokesman for the Ministry of Commerce.
Wang made the [...]
China, the biggest vegetable oil consumer in the world, will import more soybeans and palm oil to meet growing demand after local farmers reduced oilseed plantings, bolstering prices that have risen by half this year.
China’s imports will account for 45 percent of international soybean trade volume in the year to Sept. 30, 2008, Wang Yinji, [...]
In a setback for American producers fighting Chinese imports, a federal trade panel ruled Tuesday against the American glossy paper industry’s request for tariffs on imported Chinese paper. The decision threw out duties that had been authorized by the Bush administration early this year.
The ruling, by the United States International Trade Commission, a quasijudicial body [...]
Certain seamless or alloy steel oil and gas well casings made in China will be levied double punitive tariffs from 15% to 78% by the Canada Border Service Agency (CBSA).
According to sources, the agency has made preliminary estimates for implementing the dumping and subsidy tariffs by saying that Chinese products are subsidized by the government [...]
