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China International Trade News. Service for global professionals. Constantly updated news and information about China.
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Latest China International Trade News

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  • Logistics Industry in China to Recover by 2010 21 Nov 2009 08:48 GMT
    ... will be the key growth drivers of China’s logistics industry in future, says RNCOS. According ... recovering from 2010 onwards. The report titled “Chinese Logistics Market Forecast to 2012” finds that the ... factors (economy, manufacturing sector, domestic market and international trade) responsible for the development of the logistics ...

  • Number of millionaires grows in China 21 Nov 2009 01:46 GMT
    ... BEIJING, Nov. 20 (UPI) -- The number of millionaires in China continued to rise while many world economies struggled ... a lead author of the report. As international trade drops and China's economic growth slowed, overall ...

  • Account surplus widened in Q3 on import drop: central bank 21 Nov 2009 06:53 GMT
    ... Bloomberg Account surplus widened in Q3 on import drop: central bank TAIPEI, Taiwan -- Taiwan's current-account ... current account is the broadest gauge of international trade and measures the flow of goods, services ... billion a year ago. Subscribe to The China Post and save 25%. ...

  • Tanzania, Zambia seek one-time ivory distribution to Japan, China+ 21 Nov 2009 01:51 GMT
    ... Convention, just one time to Japan and China, sources close to the issue said Saturday. While ... of the parties to the Convention on International Trade in Endangered Species of Wild Fauna ...

  • China Auto News of the Week (Nov. 16 - 20, 2009) 21 Nov 2009 03:33 GMT
    ... from 36 large- and medium-size cities nationwide, China’s auto price in October still followed the ... the full article) Shanghai, November 16 (Gasgoo.com) Beijing Automotive Industry Holding Corp (BAIC) has unveiled ... rights for its licensed technologies, and its Chinese bidder Geely will get the right to ...

  • China blocks US-request at WTO 21 Nov 2009 09:12 GMT
    ... in Taiyuan, Shanxi province November 19, 2009. China, the world's largest steel-making nation, is expected ... set up a panel to rule on Chinese export curbs on certain raw materials. “We do ...

  • An export in the pink 21 Nov 2009 09:12 GMT
    ... so much on the massive flood of Chinese imports that we end up paying too ... concepts exported from the United States to China. The vast differential in income between the ... stories in Tower 2 in Plaza 66 Shanghai's fancy mixed-use complex with high-end stores such ...

  • US seeks release of geologist in China secrets case 21 Nov 2009 05:14 GMT
    ... Beijing, November 20: The United States is seeking ... staff which launched an international debate over China's secrets laws. Xue Feng, a geologist born ... has raised Dr Xue's case with the Chinese government repeatedly at high levels for the ...

  • Chinese yuan seen 20 percent undervalued 21 Nov 2009 07:32 GMT
    ... By Susan Fenton, Reuters HONG KONG -- China's yuan is undervalued by 20 percent, a ... President Barack Obama who this week pressed Beijing to allow the currency to rise. The ... Kong. “In the long term, as the Chinese government wants to promote the yuan as ...

  • USA - Imported seafood escapes inspection 21 Nov 2009 01:11 GMT
    ... on the inspection of meat and poultry imported into the United States. However, it does ... USDA’s failure to inspect seafood imports. Catfish import ban bolsters farmers’ claimsCurrently, the USDA takes ... Part of that is checking imports from China, Vietnam and other countries that export fish to ...

  • Obama, China And American Jobs 21 Nov 2009 03:54 GMT
    ... wants to "rebalance" the economic relationship between China and the US as part of his ... in September, "to an era where the Chinese ... just are selling everything to us, ... venture between GM and SAIC Motor in Shanghai. General Electric is producing wind turbine components ...

  • China outlines auto export strategy for 20% growth 21 Nov 2009 10:15 GMT
    ... The Chinese government has outlined its auto export strategy for maintaining steady growth in the ... According to the latest data released by China Association of Automobile Manufacturers (CAAM), from January ...

  • First Chinese drywall trial is set for January 21 Nov 2009 04:30 GMT
    ... First Chinese drywall trial is set for January Published: ... President Barack Obama's first state visit to China. "Drywall was raised during the President's visit to Beijing and U.S. officials stressed with their Chinese ...

  • China is passive on dollar's level, PBOC 21 Nov 2009 07:32 GMT
    ... November 21, 2009 2:49 pm TWN, Bloomberg China is passive on dollar's level, PBOC BEIJING -- China is passive on the value ... economic crisis. Zhou also said Friday that Chinese policy makers are “flexible” about the need ...

  • Geithner confident China will usher in flexible currency 21 Nov 2009 01:50 GMT
    ... Timothy Geithner said Thursday he was confident China would allow its yuan currency to become ... exports has begun to climb up, that Beijing should let its currency rise in value, ... exports. "I was pleased to note the Chinese commitment, made in past statements, to move ...


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Quote of the Day

"I attended all those meetings that President Obama had with Hu Jintao and Wen Jiabao. I've got to say some of the reporting I saw afterward was off the mark."
— U.S. Ambassador to China Jon Huntsman

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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8278
EUR 1 = CNY 10.1476

Hong Kong Dollar:
USD 1 = HKD 7.7503
EUR 1 = HKD 11.5185

Macau Pataca:
USD 1 = MOP 7.9826
EUR 1 = MOP 11.8638

Taiwan Dollar:
USD 1 = TWD 32.3330
EUR 1 = TWD 48.0533

USD 1 = EUR 0.6729
EUR 1 = USD 1.4862

Closing Stocks:
Shanghai A: 3,469.68(-0.37%)
Shenzhen A: 1,268.89(0.53%)
Hang Seng: 22,455.84(-0.83%)
Taiwan Taiex: 7,682.97(-0.99%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Nov. 21

China formally arrested Wei Jingsheng, its most prominent dissident and father of its embattled democracy movement.
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