China increased crude-oil imports to a record last month, taking advantage of falling prices, as domestic refining capacity climbed.
Crude imports surged 46 percent to 20 million metric tons or 4.87 million barrels a day in September from a year earlier, according to Bloomberg News calculations based on figures provided by the country’s Customs administration on [...]
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 [...]
China’s trade surplus widened to a record in September as exports withstood the global economic slowdown and falling commodity prices reduced the import bill.
Exports rose 21.5 percent from a year earlier to $136.4 billion after gaining 21.1 percent in August, the customs bureau said on its Web site. The trade surplus climbed to $29.3 billion, [...]
China is likely to surpass the U.S. to become India’s largest trading partner in this fiscal year, said Lv Kejian, Director of Department of Asia Affairs of the Ministry of Commerce.
He noted that although Asia faces economic slowdown, China’s economic and trade cooperation with other Asian countries still sees significant growth. Last year, China’s trade [...]
The disillusionment of Wall Street myth has further endangered the already downward global economy, and posed a fresh threat to China’s foreign trade, which is already on the verge of collapse.
‘The year 2008 has thus far proved to be the most arduous year for China’s foreign trade exports since its entry into the WTO,’ predicted [...]
China’s auto imports jumped 35 percent in value in the first eight months from the same period last year, while exports surged 28 percent, according to the latest figure released by the China Association of Automobile Manufacturers (CAAM) on Monday.
The combined value in imports and exports rose 31 percent in the same period. The exact [...]
