Since the Chinese government imposed higher sales tax on big-engine vehicles from September 1, the imports of fuel-guzzling cars, especially those with 4.0L-plus engines, have fallen sharply, said xinhuanet.com today, citing figures from China Customs.
From September 1, 2008 the tax on passenger vehicles with engine sizes greater than 4 liters was doubled to 40% from [...]
September saw the value of total goods exports of Hong Kong rise to 247.2 billion HK dollars (31.92billion U.S. dollars), up 3.6 percent on the same month last year, official figures released Monday.
Within this total, the value of re-exports rose 4.6 percent to 239.4 billion HK dollars, while the value of domestic exports dropped 20 [...]
After securing a $440-mln order for exporting 4,500 Deer pickups to Cuba, China’s automaker Great Wall Motor recently announced that it will export its Sailor and Wingle pickups to Australia, said xinhuanet.com today.
As an important market that sells 1 million vehicles every year, Australia has strict standards for auto imports. Great Wall is well prepared [...]
Chinese dairy company Yili said it has spent about $15m (?11.6m) on importing melamine testing equipment from the US and Japan to restore confidence after the melamine scandal, according to the state news agency Xinhua.
It also sent 25 per cent of its staff to view privately run milk stations around the country.
Tags: dairy, imports
China’s iron ore imports failed the expectations for a substantial decline in September, due largely to traders and steelmakers betting on possible mounting demand after the Beijing Olympics.
According to latest customs data, China bought from abroad 39.2 million tonnes of iron ores last month, up 1.8 million tonnes on the August figure. The arrivals were [...]
Daimler AG is considering introducing more luxury small engine vehicles into China next year to meet increasing demand.
The world’s second largest luxury car maker plans to importing the Mercedes Benz Smart Fortwo compact into China from next April.
The Smart will sell within a 160,000 yuan to 200,000 yuan (US$23,500-US$29,400) range per unit.
Tags: car-maker, engine, imports, [...]
