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China
Information and Sources |
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China's
Import & Export and Foreign Trade |
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China Related
Trade Administration
/ Associations |
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One Line News Text:
- China to
impose anti-dumping duties on imported optical fiber
- China's
coal imports up 31% in 2010
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What people outside China
say on this topic? |
-
China Consolidates Grip on Rare Earths (link
to
full story on the New York Times)
-
Chinese Raw Materials Curbs Break Rules:
WTO (click
for details)
-
Toys from China will cost more (click
for details)
-
Trade imbalance with China up 13 times
in 5 years - India's trade deficit with
China has grown 13 times between 2004-05
and 2009-10, whereas the bilateral
commerce increased by three-and-a-half
times, reflecting a huge advantage which
accrued to the neighbouring country. (click
for details on Business Standard)
-
China plans major tax rise for rare
earth minerals (click
for details on ZDnet)
-
China sees limited trade impact from
Japan quake (click
for details)
-
China sets 2011 coal export quota at 38
mln tonnes (click
for details on Reuters)
-
US says China is working towards
rebalancing its trade
(click for
details)
-
US says China's Baidu, Taobao markets
for piracy (details)
-
China mulls import tax cuts to tame food
inflation (details)
-
China Cuts Import Tax for Computers,
Digital Products (click
for details on Bloomberg)
-
China's
trade volume surpasses USD 60 billion
target (click
for details on The Hindu)
-
Trade should leave China and India both
winners (click
for details on Reuters)
-
China’s Cotton Prices to Stay High,
Researcher Says (click
for details on Bloomberg)
-
Chinese policies affect exports, says
India ahead of Wen visit (click
for details)
-
China's customs crack down on secret
smuggling method (click
for details)
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Still Made in China (click
for details on News Week magazine)
-
China to Buy 5.5 Million Metric Tons of
U.S. Soybeans (click
for details on Bloomberg)
-
China's trade policy puts squeeze on
companies in U.S. (click
for details)
-
China king of rare earths (click
for details on Toronto Sun)
-
China's booming bogus business -
Product fakery employs millions of
people, but the government is starting
to crack down (click
for details on Vancouver Sun)
-
China trade surplus to narrow this year
-official (click
for details on the Economic Times)
-
China Faces Trade Rule Challenges in
Defending Export Curbs on Rare Earths (click
for details on Bloomberg)
-
limate change, trade surplus in China's
five-year plan (click
for details on the Sydney Morning Herald)
-
Rare earths and China - Dirty
business: China is squeezing the supply
of vital rare earths. But not for long (click
for details on the Economist)
-
China move to make high poultry duties
permanent lamented by top 2 on Senate Ag
Committee (click
for details on Canadian Business)
-
Speak less softly, carry a stick -
The Obama administration’s patience with
China wears thin (click
for details on the Economist)
-
Wen Admits U.S.-China Trade Is
Imbalanced, Says Deficit Narrows (click
for details on Bloomberg)
-
Africa trade with China increases (click
for details)
-
China responds to growing
'protectionism' complaints - China has
promised to treat foreign firms hoping
to win government contracts equally with
domestic competitors, following months
of complaints from multinationals that
China isn’t offering them a
level-playing field. (click
for details)
-
China Will Harvest Record Cereals Crop
This Year, UN's Food Agency Says (click
for details)
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Trading blows (click
for details)
-
Slowdown in China cools global commodity
prices (click for details on
Business Standard)
-
China bans artificial flavours in
baby food (click
for details)
-
Exclusive: China rebuffs U.S. trade
criticism (click
for details)
-
China and Taiwan sign landmark trade
agreement (click
for details)
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The price of a free trade agreement with
China (click
for details)
-
China may use export taxes to cull
own industries (click
for details)
-
China central bank to regulate
third-party Web payments
Online payment providers will have to
apply for licenses (click
for details)
-
Chinese Currency Decision Could Boost
Southeast Asia Trade (click
for details)
-
China drops tariffs on imports from
33 poor states (click
for details)
-
As China’s Wages Rise, Export Prices
Could Follow (click
for details)
-
What China's Export Surge Really
Means (click
for details)
-
China Copper Imports Drop for First Time
in 3 Months (click
for details)
-
China-US talks: China vows more currency
reform (click
for details)
-
Time to rethink U.S.-China trade
relations (click
for details)
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US to press China on business (click
for details)
-
China-Taiwan trade deal talks hit
semantic speed bump (click
for details)
-
China's trade returns to growth path,
posts surplus (click
for details)
-
Yuan Secondary to China’s Import Surge,
Thailand’s Korn Says (click
for details)
-
Canada missing out on trade with China (click
for details)
-
Who is buying Asia's exports? (click
for details)
-
China to slap new tariffs on US (click
for details)
-
China sees import strength, export
struggle: customs (click
for details)
-
The impact of rising commodities on
China trade (click
for details)
-
Repelling
borders - China has retreated more from
free trade during the crisis than
America
(click for
details)
-
China in global
trade
-
U.S.-China Trade
War Would Be A Disaster
-
China Passes U.S.
as New Zealand’s Second-Biggest Export
Market
-
China overtakes
Germany as world's top exporter
-
The Looming Trade
War With China - By MIKE WHITNEY
-
Inside China's
garlic bubble
-
China agrees to
resume US pork imports
-
China to Effect
Huge Policy Changes to Promote Trade
-
World trade: A
tale of two Chinas - Rebranding a
country caught between its Red past and
a struggle to create a new image of
cultural openness. (link to Canadian
Business)
-
Beijing's 'Buy
China' policy alarms trade partners
(link to the Sydney Morning Herald)
-
China’s rise good
news for everyone - By Daniel J. Ikenson
and Alec van Gelder
-
The danger behind
China's 'me first' worldview - By Robert
J. Samuelson
(link to Washington Post)
-
Germany loses
export crown to China - With Germany
suffering its worst recession since
World War II, booming exports in China
have given the Asian economy the global
edge. But Europe’s largest economy is
showing signs of improvement. (link to
DW_World.de)
-
Diggers' uniforms
will now be made in China (link to
Herald Sun)
-
Trading Barbs with
China - Of tires, chickens and
unintended consequences (link to Wall
Street Journal)
-
China faces market
disputes with the US (link to the
Australian)
-
China's import
concern could lower dairy prices (link
to ABC net)
-
China confronts
U.S. on trade claims (link to UPI.com)
-
Reliance on China for exports worrisome
(link to Joong Ang Daily)
-
Analysis: China's
turn as net fuel exporter to be brief
(link to Calgary Herald)
-
Taiwan urged to
diversify trade to avoid coercion by
China (link to CNA Taiwan)
-
U.S. launches
first trade probe of 2010 against China
(link to Reuters U.S.)
-
All the way from
China, rising inflation (link to the
Globe and Mail)
-
Trade Tripper -
China crisis - By Jemy Gatdula (Business
World)
-
China, the world's
new leading exporter (Press TV)
-
Fear of the dragon
- China’s share of world markets
increased during the recession. It will
keep rising (The Economist)
-
Malaysia's Total
Trade With China Exceeds US$28.4 Billion
In 2009 (Bernama.com)
-
China Overtakes
Germany to Become World’s Top Exporter,
WSJ Says (Bloomberg)
-
U.S., China locked
in trade disputes (Washington Post)
-
Luxuries become
affordable when they're made in China (Kelowna)
-
China's violin
city spreads string messageBy Emily
Chang, CNN
Click for more report links |
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Import
& Export Numbers |
China's imports, exports drop
10.7% in Oct (China Daily 2009-11)
Foreign Trade in
December 2008: China has posted a trade surplus of $US39 billion
in December, the second-highest ever, on a steep drop
in imports, according to figures published in state media.
December exports
totaled $US111.2 billion ($A163.87 billion), a decline of 2.8 per cent
from a year earlier, the China Daily newspaper said on Tuesday, citing
customs statistics. Imports last month stood at $US72.2 billion ($A106.4
billion), down 21.3 per cent from a year ago, the paper said.
China
ranks 2nd with 8.8% of world's exports by 2007.
Xinhua News
China
begins 150% special export tariff on fertilizers -
BEIJING, Sept. 1 (Xinhua) -- China on Monday launched a 150 percent
special export tariff on nitrogenous fertilizer and synthetic
ammonia, a move to satisfy domestic demand, according tothe customs
tariff commission (CTC) of the State Council.
The commission
said the special tariff on the two products would last through the
end of this year. The previous tariff for the two fertilizers was
100 percent.
The commission
also said the 100 percent special export tariff on other fertilizers
has been extended to the end of this year.
On April 20, the
country started collecting a 100-percent special tariff (a tariff
yet again levied on export fertilizers in addition to the common
tariff rate) on all fertilizer exports and some fertilizer-related
raw materials through Sept. 30, a period of high domestic demand.
www.chinaview.cn
2008-09-01 20:12:44
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Import
& Export Reports (Official Sources) |
China changes fuel import tariffs
- The Chinese government has raised the import tariff on fuel
oil and jet fuel by 1% each for 2010. This means tariffs for
fuel oil will be raised to 3% with jet fuel to 6%. China has
already levied a consumption tax on oil because the production
cost of the country's fuel importers will rise. The nation will
also make cuts to certain import tariffs to meet its World Trade
Organization (WTO) commitment. China has kept import duties for
naphtha, a feedstock for petrochemicals, at 1% for next year.
And the change in tariffs does not cover main transportation
fuel petrol and diesel, with a duty of 1% since 2008 versus 5-6%
previously. (7 December 2009)
China bans import,
export of ractopamine
(Dec. 8, 2009 (Xinhua)
China is to ban both import and export of ractopamine and ractopamine
hydrochloride, the country's Ministry of Commerce and the General
Administration of Customs announced Tuesday.
The ban is to take effect on Wednesday.
Ractopamine and ractopamine hydrochloride are stimulant drugs that are
used as feed additives to promote leanness in pigs raised for their
meat. Most countries around the world had not approved their use as
veterinary drugs or additive in animal feed. China prohibited their use
in 2002 because of possible health risks to humans.
An official with the foreign trade division under the Ministry of
Commerce, who asked not to be named, told Xinhua ractopamine and
ractopamine hydrochloride had no other major uses apart from use in feed
additives.
The official said countries around the world had different views on
ractopamine. Countries such as the United States and Australia approved
its use, but it is banned in China and in EU countries.
China was banning the import of ractopamine, but also the export because
of possible health risks, the official said.
China's foreign trade to recover in 2010 - By Hao Yan (Dec.
8, 09, China Daily)
China's 2010 international trade volume is expected to rise
10 percent from this year, and exports to increase about 15
percent, said Pei Changhong, an expert on finance and trade
at the Chinese Academy of Social Sciences (CASS).
"The foreign trade volume of 2010 will rise back to the 2008
level," Pei said on the release of the 2010 Economic Blue
Book by the CASS on December 7. "A negative growth of
trading volume is inevitable this year, but China still sees
a surplus."
Customs statistics showed that the country's trade surplus
in January-October was more than $150 billion, and may hit
$190 billion for the whole year. The monthly exports
surpassed $100 billion from July to October. "The climbing
trend will continue for the last two months of this year,"
Pei said.
The Association of the Southeast Asian Nations (ASEAN)
became China's fourth largest importer after the European
Union, US and the Hong Kong special administrative region in
the first ten months of this year.
"The Sino-ASEAN free trade zone has had its impact," said
Pei. China and ASEAN countries impose no tariffs on 70
percent of bilateral trade goods at present, and this policy
will be extended to 100 percent next year.
China raised the export tax rebate rate, seven times this
year, which pushed up exports significantly. "The Chinese
government is expected to pay 630 billion yuan ($92 billion)
this year for the export tax rebate policy. There is limited
room left for the tax-rebate policy,"said Pei.
Chen Jiagui, an academician from the CASS, stressed that it
is crucial mission to boost domestic consumption. "We have a
long way to go. Consumption growth is to be moderate next
year, especially for the civil consumption. Some macro
policies are needed,"he said.
The 2010 Economic Blue Book forecasts total retail sales of
consumer goods may rise 16.3 percent year-on-year to reach
12.5 trillion yuan ($1.8 trillion) this year, and up 16.4
percent year-on-year next year, to reach 14.8 trillion yuan China loses
WTO car parts case against US - GENEVA (AFP)
— July 17, 2008 - The World Trade Organisation on Friday said it
had ruled against China in a complaint brought by the United
States over Chinese import tariffs on car parts.
The WTO's
dispute settlement panel urged China to bring what it termed
"inconsistent measures ... into conformity with its
obligations."
Beijing has a
minimum local content requirement of 60 percent for home
produced cars. If this level is exceeded, it then levies the
same tariff on the vehicle as it would if it were imported
completely built.
China has
said the rules aim to prevent tax evasion by companies that
import whole cars as spare parts to avoid higher tariff rates.
But the
United States, as well as co-complainants Canada and the
European Union, argued that the measure violated China's WTO
accession agreement, which pledged a progressive opening up of
Chinese markets.
In February,
sources close to the case said that China had lost, but an
official judgement was issued only on Friday.
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Facts and Figures:
China Import/Export |
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Facts &
Figures: China - Australia Trade:
China's share
of Australian exports
(Source: DFAT):
1990 3 per cent;
1995 4 per cent;
2000 5 per cent;
2005 12 per cent;
2010 (YTD) 24 per cent
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China Import / Export
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The major
challenges Americans are facing in doing business in China:
Sources:
White Paper of
2000 issued by China American Merchants Association
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China cuts,
cancels export tariffs to boost exports
June 23, 2009
-- China will abolish export duties on some grains and
industrial products and cut the duties for chemical fertilizers
and nonferrous metals from July 1 to promote exports, the
Ministry of Finance said in a statement Monday.
The Customs
Tariff Commission of the State Council will eliminate the export
tariffs for wheat, rice, soybeans, vitriol and steel wire.
Grains are now subject to a 3-percent export levy.
Special
export tariffs of 50 percent on chemical fertilizer and
fertilizer raw materials including yellow phosphorus, phosphate
rock and phosphoric acid are expected to be canceled. Export
duties for some nonferrous metals including molybdenum, tungsten
and indium will be halved to 5 percent, the statement said.
The move
follows several increases in export tax rebates to support
overseas sales amid the global downturn. Since last August,
China has increased export tax rebates seven times.
China's
exports fell 26.4 percent in May from a year ago to 88.76
billion U.S. dollars, following a decline of 22.6 percent in
April. Exports in the five months to May totaled 426.14 billion
U.S. dollars, down 21.8 percent. (Xinhua News)
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