China Economic ReviewA new road route linking Kunming, Simao and Jinghong in Yunnan province and Vientiane in Laos was opened for freight and passenger transport at the beginning of May, Xinhua reported. The distance by road from Kunming to Vientiane is 1,600km, of which 900km is within Chinese territory. The Chinese government has committed to complete work […]
China’s exports in the first four months of this year totalled US$91.385bn, 12 per cent more than in the same period last year, while imports rose by 8.8 per cent year-on-year to reach US$83.135bn. According to a report by the Chinese Academy of International Trade and Economic Co-operation, a think-tank under the trade ministry, China’s […]
The strong increase in China’s trade during 2001 against the background of a global economic downturn made it the fourth largest trading nation in the world, according to statistics compiled by the World Trade Organisation. China’s exports totalled US$266bn, an increase of 7 per cent on 2000, and imports stood at US$244bn, 8 per […]
In response to a decision taken in March by the US to impose import duties on steel, China is itself imposing temporary tariffs of 7-26 per cent on nine steel product imports. The move followed pressure from domestic steel companies, which claim substantial losses resulting from the US action. The tariffs will be effective for […]
China has suspended sugar imports in order to support domestic prices and help farmers, a China Sugar Association official told Reuters in May. The official said that the suspension would last until the domestic market position had improved. As part of its commitment to the WTO, China has promised to import 1.764m tonnes of sugar […]