Category: Economics & Trade

China will soon unveil a quota system on textile exports to European markets in accordance with the recent Sino-European deal that limits the growth of certain Chinese textile exports to the EU, the Wall Street Journal reported, citing industry executives. The quota may also be adapted for the US market, which in May imposed quotas […]

China's inflation rate remained at a 19-month low as May's consumer price index rose 1.8% from a year ago, according to government data. The data has fueled expectations that the central bank will seek to spur consumer spending by refraining from interest-rate hikes. Meat prices rose while prices of grain, clothing and household appliances fell.

Foreign direct investment in China decreased a slight 0.79% in the first five months of this year, attracting US$22.4bn, state media reported. In that period, China approved 16,437 new foreign invested ventures, down 4.75% from last year. While the January-May figures show the growth rate of China's foreign investments declining, researchers say the slow-down is […]

The EU and China averted a textile trade war by striking a deal that would limit the growth in exports of 10 Chinese textile and apparel products to the EU to 8-12.5% a year until the end of 2007, according to media reports. Talks between China and the EU began in May over surging Chinese […]

China posted a higher-than-expected US$9bn trade surplus in May, nearly doubling its trade surplus in April. May's exports rose 30% from a year earlier to US$58.43bn while imports grew 15% to US$49.44bn, according to government data. China's trade with its top three trading partners, the European Union, US and Japan, grew 24%, 25% and 10% […]