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China and Japan held three rounds of talks in November to try to resolve their trade dispute but still failed to reach an agreement. The dispute started in April 2001 when Japan imposed temporary emergency import tariffs on three agricultural products to protect Japanese farmers from cheaper Chinese imports. China responded by imposing punitive tariffs […]

China and the 10-member Association of South-east Asian Nations (Asean) have agreed to start negotiations on the establishment of a joint free trade area, the Financial Times said. The new grouping should be in operation within the next 10 years. The deal was announced at the Asean annual meeting held in Brunei in November 2001, […]

The Export Commodities Fair held in Guangzhou in October 2001 had fewer visitors and a smaller volume of agreed deals than the fair held six months earlier, Xinhua reported. By October 25, the last full day of the fair, the total number of visitors had reached 101,382, down by 9.4 per cent on April and […]

The World Trade Organisation will produce a sharp increase in imports as tariff barriers are lowered and because China does not yet have import control measures that are in accordance with WTO rules. This will increase the pressure on balancing foreign trade. However, helped by the central government’s macro-economic policies and by measures to encourage […]

China will face increased pressure to balance its trade foreign trade in 2002, according to a report by a foreign trade ministry think tank reported by Xinhua. The report commented that China’s exports are facing difficulties because of the downturn in the world economy. Exports increased faster in the first half of the year and […]