Companies

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US districts see rapid export growth to China

Encouraging report comes amid heightened scrutiny of trade practices Booming exports to China are vital to the US economy and nearly all congressional districts, according to a report released on Wednesday by the US-China Business Council (USCBC). The report was issued at a time of serious concern about bilateral trade […]

Companies

BRICS to bolster bloc’s role in growth

The BRICS Summit will be an important way for developing countries to explore a cooperative approach to sustainable growth and prosperity, leading Chinese experts said on Monday, dismissing concerns that the growth deceleration among the bloc’s members would undermine the group’s viability. Zhang Yansheng, chief economist at the China Center […]

Companies

Ministry to India: End trade friction

China’s Ministry of Commerce said on Wednesday that India should refrain from abusing trade remedy measures, which would disrupt economic cooperation and trade relations between the two countries. China is paying close attention to trade investigations and hopes India would carry them out in a prudent way based on relevant […]

Trade slows but still impels economy
Companies

Trade slows but still impels economy

China’s foreign trade in July, though slower than expected, still achieved double-digit growth, as the country maintains steady demand for foreign commodities and continues to diversify its trading with various partners. China’s exports in yuan-denominated terms rose by 11.2 percent year-on-year last month, and imports by 14.7 percent, according to […]