In USD terms, China reported a bigger-than-expected growth in the trade surplus, as imports dropped while exports outpaced expectations. Trade Balance came in at 94.46B versus +74 …
Monthly Archives For January 2022
China’s 2021 trade surplus with U.S. at $396.58 billion
China’s trade surplus with the United States was $39.23 billion in December and $396.58 billion for the whole of 2021, data from China’s General Administration of Customs showed on Friday.
China 2021 meat imports fall 5.4% to 9.38 mln tonnes – customs
China’s meat imports in 2021 fell 5.4% from the year before, customs data showed on Friday, as a surge in the domestic supply of pork reduced demand for overseas supplies. China brought in 9.38 …
China 2021 iron ore imports at 1.12 billion tonnes, down from record
China’s iron ore imports dropped in 2021, down 4.3% from the previous year’s record annual high, as steel production curbs imposed to combat pollution dented demand and pulled prices of the key …
China to implement RCEP tariffs on ROK goods
China will adopt the tariff rate it has pledged under the Regional Comprehensive Economic Partnership (RCEP) agreement on selected imports from the Republic of Korea, a statement released by the …
Fake Food: China uses Blockchain Tech to Regain Consumer Trust
Rebuilding trust in food products in China will take a lot of work. But now, with blockchain tech, there could be a turnaround.
Shenzhen praised for response to COVID-19
The health commission in Shenzhen, Guangdong province, has been getting praise on Chinese social media over the past few days for its quick response to public needs amid the recent resurgence of the …
EXPLAINER: Why didn’t China send troops to aid Kazakhstan?
China has given strong verbal backing to Kazakhstan’s leader for his deadly crackdown to quell violent unrest, but stood aside as Russia sent in special forces troops …
Olympics-China’s ‘father of skiing’ hopes games will attract more ordinary folks to the sport
US-OLYMPICS-2022-SKIING:Olympics-China’s ‘father of skiing’ hopes games will attract more ordinary folks to the sport …
Oil eases as investors eye U.S. oil release, China demand concerns
Oil prices eased for a second session on Friday on growing concerns that Washington may soon act to cool prices, while movement controls in China to rein in a COVID-19 outbreak weighed on fuel demand.
Think tank: China to grow 5.5% this year
BEIJING: China’s economy is expected to grow around 5.5% in 2022, bringing the average annual growth rate forecast for 2020 to 2022 to 5.34%, according to a top government think tank. The gross …
Lithuania Says China Using ‘coercive Methods’ To Make Vilnius Change Its Taiwan Policy
Lithuanian Foreign Minister Gabrielius Landsbergis stated that China is adopting coercive techniques to get Vilnius to reverse its Taiwan policy.
China: Trade likely to remain firm amid robust exports and imports – TDS
Analysts at TD Securities (TDS) offer a sneak peek at what they expect from Friday’s Chinese trade data release. Key quotes “China’s exports and imports have held up remarkabl …
