FEB
20
As the Ocean freight Rises, Major Shipping Companies Raise the Price Substantially in March
Filed Under Shipping | Viewed by:252 Persons
Following last year’s price war to compete for market share, container shipping companies are struggling to restore the freight rates. According to the 2011 operating results released by the shipping companies, following the high profits in 2010, shipping profits plunged in deep deficit. Therefore […]
DEC
26
China’s Export of Christmas Products Saw Grave Slowdown
Filed Under Trade Trends | Viewed by:180 Persons
European debt crisis has generated a severe impact on toys and gift industry. At present the toy orders have dropped by 10%, the gift orders fell by20% -30 %. In some companies the percentage even decreased by 70 %. China is the largest producer and exporter of Christmas products. Many cities in Zhejia […]
NOV
23
34 Departments Jointly Issued the 12th Five-Year Plan on Trade in Services
Filed Under Policy & Regulation | Viewed by:309 Persons
34 Departments Jointly Issued the 12th Five-Year Plan on Trade in Services The Plan stressed the need to develop trade in services so as to become a strong economy by 2015, with China's total import and export volume reaching 600 billion US dollars, achieving an annual growth of 10% . 34 departm […]
NOV
16
Canton Fair: ASEAN Products Vigorously Made Their Way into the Chinese Market
Filed Under Trade Show | Viewed by:216 Persons
In trades between China and ASEAN Countries, ASEAN has always been in a surplus position. Chinese officials repeatedly said that their hopes are still up for more ASEAN products that are popular among Chinese people and enterprises to enter the Chinese market. Ever since the launching of the China - AS […]
AUG
30
The Export of Traditional Chinese Medicine to EU Reduced Sharply by 50%
Filed Under Export | Viewed by:391 Persons
In June, the exports of Chinese patent medicine to the EU have reduced to half compared with the exports over the same period last year. By now, Chinese medicine companies have to swallow the bitter pill of their own making. They have to pay a dear price for wasting away the seven-year preparation period be […]
AUG
23
Chinese Footware Enterprises Try out in Cross-Boarder RMB Trade Settlement
Filed Under Chinese Yuan | Viewed by:394 Persons
The pace with which one country’s currency going global rests with the country’s overall national strength and its multinational enterprises’ competitive edge. And apparently RMB cross-border trade settlement pilot program is a piece of touchstone of Chinese footwear industry. Interna […]
AUG
4
Chinese Suppliers: Orders Become Burden
Filed Under Trade Trends | Viewed by:366 Persons
In 2011, orders coming in flock could not upbeat exporting enterprises. Journalist of Half Month Talk found in an investigation that this year many companies showed hesitation and choosy when taking orders. They prefer short term order to long term one, and small-scale to big purchase. Even if purchase […]
JUL
25
China Import And Export Show Signs of Slowing Down
Filed Under Trade Trends | Viewed by:378 Persons
Zhong Shan, the vice minister of China’s Ministry of Commerce (MOC), expressed that since this year, the foreign trade has kept an increasing trend yet the increasing speed is obviously falling back. Viewing from external point, the international trade environment is more complicated. &n […]
JUL
21
High Tax Cost Makes China’s Commodity Price Higher Than U.S
Filed Under Tax | Viewed by:515 Persons
Before his trip to the U.S. last year, Shi Hanbing (a well-known financial reporter) had actually never thought of that China’s commodity price can be even higher than that of the U.S. Before departure, a friend who had been to U.S. for many times reminded him: "Just bring cash to America, f […]
JUL
19
China Will Lower Import Tariffs on Luxury Goods. Cosmetics, Tobacco and Liquor May Be on Top of the List
Filed Under Tarrif | Viewed by:1268 Persons
China will continue lowering its tariff on imported goods, including some of the medium and high end products such as cosmetics, luxury watches, etc, so as to increase the import of luxury goods and satisfy domestic demand. This marks the official confirmation of the rumor, which has been spreading widely f […]
