The deepening and widening US financial crisis has seriously eroded global real economy, including China’s auto export businesses.
Monthly sale of the world biggest auto market, the North American market, dropped 26.6 percent in September, the worst result in a single month of the last 50 years. Morgan Stanley estimated that global auto sale will reach [...]
China’s steel products exports in September surged 50.2% to hit 6.67 million tons from a year earlier, according to the General Administration of Customs.
However, the figure is 1.01 million tons lower than that in August this year.
For the first nine months this year, steel products exports dropped 2.1% from a year ago to 4.85 million [...]
China’s mainland customs authority said on Monday trade with Taiwan would continue maintaining the current momentum to grow steadily.
According to the mainland’s General Administration of Customs, trade between the mainland and Taiwan in August amounted to $12.23 billion, in which the mainland’s imports were worth $9.7 billion and exports to Taiwan achieved a record $2.52 [...]
The latest foreign trade figures from the Customs on Oct. 13 show that China’s imports of primary products sped up quickly and prices of those imports were high over the first nine months of the year.
China imported 294.2 billion USD of primary products from January to September, representing a sharp increase of 69.5 percent over [...]
China’s trade surplus in the first nine months dropped 2.6 percent from a year ago to US$180.9 billion, the General Administration of Customs said yesterday.
In September alone, the surplus widened 23.1 percent from the same period last year to US$29.3 billion due to continued declines in imports due to restrictions imposed during the Beijing Olympics [...]
China’s trade surplus totaled US$180.9 billion in the first nine months this year, down 2.6% or US$4.92 billion year-on-year, according to the General Administration of Customs.
In the Jan.-Sep. period, China’s total trade volume rose 25.2% from a year earlier to US$1.967 trillion with exports and imports rising 22.3% and 29% to US$1.074 trillion and US$893.1 [...]
