China imported 3.49 million tonnes of coal in October, down 6 percent from the previous month, as demand for thermal coal fell, following slumping power output.
Total imports for the first 10 months of the year fell 15.2 percent from a year earlier to 35.92 million tonnes. China was still a small net exporter, according to [...]
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 iron ore imports may fail to increase next year for the first time since at least 1999 because of slowing demand from steel mills, an industry group said.
Imports may remain at 400 million metric tons next year, unchanged from 2008 levels, Zou Jian, chairman of the China Metallurgical Mining Enterprise Association, said in an [...]
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 [...]
Rio Tinto Group, the world’s second- largest iron ore exporter, will cut output at its mines in Western Australia by 10 percent because of reduced demand from steelmakers in China, following the lead of bigger rival Cia. Vale do Rio Doce.
“This reduction is a prudent move to align production with revised customer delivery requirements in [...]
