Top goods imports from China are clothing, cellphones and computers. • Top services imports are other business services, other personal travel and transportation services ( read original story …)
Tagged By business
China will not shut the door on globalisation, president Xi Jinping vows
China will not “shut the door” on globalisation, despite Donald Trump’s threats to abandon free trade deals and slap tariffs on the world’s second largest economy, president Xi Jinping has vowed. Mr Xi described Mr…
PICS: China tackles its trash challenge
Wujiang, China – Thousands of tons of urban waste are hidden behind scrubbed white walls at a new power plant on the outskirts of the Chinese city of Wujiang, with even its chimney disguised as…
China’s Influence Grows in Ashes of Trans-Pacific Trade Pact
Even American business leaders are positioning themselves for the potential … turning them into prosperous manufacturing powerhouses. But China is now the largest trading partner for most of the region, while at the same time…
JP Morgan pays $264m to settle China 'bribery' probe
US bank JP Morgan Chase is to pay $264m (£212m) to settle claims it hired the children of highly placed Chinese officials to gain business in China. The Department of Justice called the scheme “bribery…
VW, Didi in talks for high-end car-hailing service in China
Volkswagen AG said on Thursday it is in talks with China’s Didi Chuxing to set up a high-end ride-hailing service, while also announcing ambitious sales goals for electric and hybrid vehicles in the world’s biggest…
U.S. Should Get Tougher on China’s Deal Making, Panel Says
Congress should exercise greater scrutiny over trade and investment practices between the United States and China in order to prevent China from taking advantage of the economic relationship, a congressional commission said in a report…
JPMorgan Is Said to Settle Bribery Case Over Hiring in China
After more than three years of digging into JPMorgan Chase’s hiring practices in China, federal authorities have determined that the bank hired the children of Chinese leaders as part of a quid pro quo to…
In China, Toilets Have Trump’s Name Without His Permission
In the United States, Mr. Trump’s name has adorned ties, steaks, water and other products. In China, it is found on computers, cosmetics, even leather goods. The difference: Many such Chinese products don’t have the…
Canadian canola meal sales to China spike to five-year high
Canadian canola meal shipments to China have jumped to their highest level in five years, boosting profits of crush plants and firming prices as farmers slog through a difficult harvest. Canada shipped 415,000 tonnes of…
Saint John china shop carries on 161-year tradition
In a province obsessed with attracting new business, Hayward and Warwick … In a romantic twist to an age-old Saint John story, Suzan and Royden fell in love at the china shop. “She was working…
China says fugitive businessman returns after 15 years
China has few extradition treaties with other governments … the No. 3 destination for Chinese fugitives after the United States and Canada, according to the business news magazine Caixin. A New Zealand court in August…
China, UK see enhanced cooperation in trading
Britain’s Chancellor of the Exchequer Philip Hammond (second from left) opens the London Stock Exchange with LSE CEO Xavier Rolet (left), joined by a banking and financial delegation from China on Thursday. [Photo/Agencies] Chinese and…
