Seaborne prices at China's southern ports searched for direction in thin Asia trade Monday as currency and freight issues for the most part precluded deals in the CFR South China market, said traders. The Platts/Fenwei CFR South China ...
Tags: Thermal Coal, China market, weaker currency
Stronger-than-expected growth in China's foreign trade last month has surprised the market and prompted many analysts to look for further hints of underlying economic strength. China's foreign trade volume climbed 10.3 percent year on ...
Tags: China's Trade, trade surplus
As the Chinese economy firms with recent upbeat data, analysts expect a reform package to be unveiled in a key plenum this weekend to bring changes not only to China but to reinvigorate the global economy, which has been in a slow recovery. ...
Tags: China's Reform
China's exports rose 7.2 percent year on year to US$190.73 billion in August, 2.1 percentage points higher than the 5.1 percent increase in July, the General Administration of Customs announced Sunday. Expanding exports signals that the ...
Tags: Economy Recovers
Sport exchange rate of the Chinese currency Yuan, or RMB, against the US Dollar slipped by 0.15 percent in August 2013. Hurt by worries that the US Federal Reserve will slash the QE size in September, the currencies of emerging markets ...
Tags: China Yuan, economy
Chinese investors are looking abroad for high-return opportunities as domestic economic growth slows and the yuan continues to strengthen, a study said. A report released on Tuesday by real estate services firm Jones Lang LaSalle ...
In the first half of the current year, the total export volume of seamless steel pipes from Changshu in China's Jiangsu Province amounted to 17,004 mt, with export sales revenues totaling $64.8364 million, down 28.2 percent and 21.6 percent ...
Tags: Seamless Pipe Export, Mineral
Bank of China, one of China's big four state-owned commercial banks, has stated in a report that China's gross domestic product (GDP) growth is expected to rebound to 7.8 percent in the third quarter of this year, amid acceleration of ...
Tags: Chinese GDP
China-based LED chipmaker Sanan Optoelectronics has reportedly halted the second-phase construction of its plant in Wuhu, China, following a company annoucement that it has suspended a plan meant to raise funds for the plant project. The ...
Tags: Sanan, Lighting, LED chipmaker
AUSTRALIA'S former ambassador to China, Geoff Raby, yesterday called for Sydney to push to become a trading centre for the Chinese yuan so the currency is available for tourist transactions as it is in Hong Kong. Mr Raby, who is now a ...
Tags: economy
Australian businesses are increasingly settling their Chinese trade with the local currency rather than US dollars, as the world's second-biggest economy and Australia's biggest trading partner seeks to boost the yuan's global clout. ...
Tags: Australian businesses, Chinese trade, local currency, US dollars
CHINA'S currency will continue to rise this year with its internationalisation developing at a rapid pace, HSBC's currency analysts say in a report released yesterday. In its latest worldwide currency outlook, HSBC says it expects to see ...
Tags: Yuan, currency, currency research, exchange rate
China has risen to become one of the world's main economic players.The country has transformed as an advantageous source of any customer item you can imagine.As it presents significant opportunities for businesses,most of wholesale traders ...
Tags: Furniture, Import, Furnishing, Verification
BEIJING - The Chinese currency Renminbi, or the yuan, rose to a new high against the dollar on Wednesday. It strengthened 42 basis points to stand at 6.2919 against the US dollar on Wednesday, according to the China Foreign Exchange Trading ...
Tags: Market View, exchange rate