CHINA TOPIX

11/02/2024 11:31:22 am

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China Trade

China’s February import Surges.

China’s February Import Surges to record a Rare Trade Deficit

China's import rose sharply in the month of February to post a rare trade deficit, which is likely to recast worrying clouds over economic recovery of the second largest economy after the Asian giant posted an impressive trade figures in the month of January.

Three More Cases

EU to Vote on China's WTO Trade Status Amid Growing Protests

Amid extraordinary moves to force more stringent anti-dumping duties on imported Chinese steel, the European Union (EU) is girding for what many predict to be heated rounds of debate in the coming months as the organization is set to vote on whether or not to grant China the status of a market economy in the World Trade Organization (WTO) before the year is out.

China trade

China’s January Trade Lower, Sign of Economy Weakness

Goods traded in and out of China in January are far fewer than expected, with imports down nearly 20 percent and exports slower by 3.3 percent, indicators of a growing weakness in China's economy.

China's imports and exports

Chinese Imports-Exports Exceeded 3rd Quarter Expectations, but Analysts Warn of “Short-Lived” Growth

Chinese imports and exports surge higher than expected from the September data, the General Administration of Customs reported, an indicator of steady local and international markets. However, experts warn governments of a "short-lived" improvement and possibly more aggressive domestic demands despite current surge of demands from external markets.

China coal pollution

$10 Billion Fake Trades Uncovered in China

China has recently uncovered $10 billion worth of fake trades as part of their nationwide crackdown on local companies. The currency regulator said that around 15 fraud cases have already been handed over to the police for prosecution. According to the allegations, Chinese companies reportedly falsify records and transactions to get money in and out of China.

Beijing Buildings

China's Economy to Overtake U.S. as World's Largest by 2024

Global industrial data and analysis company IHS said China is poised to overtake the United States as the world's largest economy by 2024 due to a rise in consumer spending.

China Trade Surplus

China's July Trade Surplus Hits Record High

China's trade surplus expanded to US$47.3 billion in July from USD31.6 billion in June, a record high, as export growth unexpectedly accelerated and imports dropped, the General Administration of Customs said in a statement on Friday.

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