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the China HSBC Flash Manufacturing Purchasing Managers Index increased to 49.7

May 23, 2014

In May this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 49.7, the highest level of the past five months, up from April's final reading of 48.1, as announced by the HSBC on May 22. In particular, in ...

Tags: Flash Manufacturing PMI

China's Ministry of Commerce Issued Import Licenses for a Total of 108.8685 Million Mt

May 21, 2014

On May 20, the China Iron and Steel Association (CISA) announced that in April this year China's Ministry of Commerce issued import licenses for a total of 108.8685 million mt of iron ore, down 3.87 percent month on month, valued at $11.892 ...

Tags: Iron Ore, Iron Ore Import

Domestic Iron Ore Concentrate Prices in Hebei Province Have Declined by an Average 5.7%

May 21, 2014

Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...

Tags: Iron Ore, Concentrate Prices

China's Foreign Trade in 2Q14

May 20, 2014

According to customs statistics, in the first quarter of 2014, the national import and export is 5.9 trillion yuan, fell by 3.7% year-on-year. Among them, the export is 3 trillion yuan, down 6.1%; Imports is 2.9 trillion yuan, down 1.2%; ...

Tags: Economy, Foreign Trade, China

The Global Economic Recovery Depends on Chinese Luxury Consumption

May 20, 2014

Britain's observer newspaper published, analyze the global economic recovery "why depends on China's taste for luxury goods. Report points out that Chinese consumers taste, interest and attitude continues to change, but the west of export ...

Tags: Economic Recovery, Luxury Consumption

The Volume of Metallurgical Coke Exports Increase to 329,000 Mt

May 19, 2014

In the January-April period this year, the volume of metallurgical coke exports from China's Shanxi Province indicated a 5.1-fold year-on-year increase to 329,000 mt, according to the customs authorities in Taiyuan, capital city of Shanxi, ...

Tags: Coke Exports, metallurgical coke

Freight Rates to Ship Coal From Qinhuangdao Port Fell for a Third Straight Week

May 16, 2014

Freight rates to ship coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou fell for a third straight week, Qinhuangdao port said Tuesday. Rates from Qinhuangdao to Zhangjiagang for ...

Tags: Coal stocks, Qinhuangdao Port

Despite a Recovery in Copper Prices, Market Analysts Were Bearish on The Metal's Price

May 16, 2014

Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...

Tags: copper, copper prices

China's GDP Is Expected to Surpass America's to Become The First

May 16, 2014

Financial Times reported that in 2014 the United States may be losing its status as the world's largest economy, giving way to China earlier than expected. Most economists had predicted China's economy will become the first in 2019. Since ...

Tags: China's GDP, GDP, Economy

China-Africa Trading Will Present Three Trends

May 16, 2014

Standard Chartered Bank (China) chief executive said on China-Africa trade recently, based on the standard chartered bank for many years of the successful experience in China-Africa service trade and business, we think the China-Africa ...

Tags: Economy

Total Real Estate Investments in China Amounted to RMB 2.2322 Trillion

May 14, 2014

In the January-April this year, total real estate investments in China amounted to RMB 2.2322 trillion ($0.364 trillion), up 16.4 percent year on year, with this growth rate down 0.4 percentage points compared to the year-on-year increase ...

Tags: Real Estate

Total Fixed Asset Investments in China Amounted to RMB 10.7078 Trillion

May 14, 2014

In the January-April period of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 10.7078 trillion ($1.747 trillion), up 17.3 percent year on year, as announced by China's National Bureau ...

Tags: Fixed Asset, mining sector

AD Determinations Regarding Imports of Certain Alloy Steel Seamless Tubes

May 14, 2014

China's Ministry of Commerce (MOC) has announced its final antidumping (AD) determinations regarding imports of certain alloy steel seamless tubes and pipes for high-temperature and high-pressure applications from the European Union, Japan ...

Tags: AD Duty, Seamless Pipes

China's Value-Added Industrial Output up 8.7%

May 14, 2014

In April this year, China's overall value-added industrial output increased by 8.7 percent year on year, as announced by China's National Bureau of Statistics (NBS) on May 13, with this growth rate 0.1 percentage point lower than that ...

Tags: Industrial Output

Carbon Steel Sales Volume Decreased by 3.55 Percent to 807,346 Metric Tons

May 13, 2014

Taiwan's largest steelmaker China Steel Corporation (CSC) has announced that in April this year its carbon steel sales volume decreased by 3.55 percent to 807,346 metric tons, compared to March, accounting for 65 percent of domestic sales. ...

Tags: Carbon Steel, Steel