Media + WTO = No?

Monday, March 3rd, 2008

While China has been hit at the WTO on (among other things) a recent ruling in the auto sector (is it a punitive tax or a measure to counteract tax evasion?), the media remains one of those “sensitive” industries that plays according to slightly different rules in China…so it is not much of a surprise […]

GDP In 2007 (And 2008 Projections)

Thursday, January 24th, 2008

The Chinese economy grew at a rate of 11.4 percent in 2007 according to a report just released by the National Bureau of Statistics (and reported by AFP). The rate of growth was ahead of the target (but close to recent estimates), and came together with (mainly food-driven) inflation at an 11-year high. AFT notes: […]

A Record Trade Surplus (But)

Monday, January 14th, 2008

China recorded an unsurprising record trade surplus of over US$260 billion for 2007 – well ahead of projections made by the National Reform & Development Commission from a year ago, when it was estimated to be US$210 billion. AFP reports that: ”China’s trade surplus surged nearly 50 percent last year to surpass 260 billion dollars, […]

Trade Surplus Hits US$26.3 Billion in November

Monday, December 17th, 2007

According to the LA Times, the trade surplus for November is another big one: “China on Tuesday reported another month of huge exports for November, bringing the nation’s total trade surplus this year with the rest of the world to a record $238 billion. …In November, China’s exports totaled $117.6 billion and imports $91.3 billion, […]

Trade Talks (And What Is Not Said)

Monday, December 10th, 2007

Forbes reports that the US has seen some progress in trade talks designed to reduce China’s ever-growing trade surplus: “The United States hailed as a victory an agreement signed Thursday under which China will eliminate subsidies and tax rebates that boost its exports in certain sectors and stymie imports. For China, it is evidence of […]

Made By Chinese (But Not In China)

Monday, December 10th, 2007

There has been plenty in the news about cheap Chinese exports, and trade deficits , but the latest Chinese export – of hundreds of factory workers to Bacau in Romania – provides an interesting change of headline – from “Made in China” to “Made by Chinese”. The Telegraph reports: “…these 800 men and women, flown […]

Strategy (and Policy Alignment) Pays Off

Monday, December 3rd, 2007

State visits from the France and the US often result in big trade deals – especially for planes…and especially when a company makes a good strategic play in relation to support for Chinese policy. In the latest case the big contract is for Airbus (the obvious loser is Boeing ), and the policy is China’s […]

Trade Surplus Hits US$27 Billion in October

Tuesday, November 13th, 2007

Record trade figures no longer surprise. They are right up their with the stock market and property prices! The latest figures show China’s trade surplus reached a record US$27 billion in October. Malaysia Star reports: “China’s trade surplus rose to a record US$27.05bil in October, adding fuel to US complaints yuan is undervalued as Treasury […]

Contain(er)ing Export Costs

Monday, November 5th, 2007

While China’s trade statistics continue to soar – despite creeping appreciation of the RMB, removal of export tax rebates , higher interest rates, and restriction on bank lending . But the growth in demand has also resulted in higher costs for energy and materials and, as noted by the Telegraph, shipping: “Container shipping rates are […]

CCPIT London: “Made in China 2007: The Truth”

Thursday, November 1st, 2007

As the “made in China” debate continues to rage (see the latest analysis of potential legal risks on China Law Blog), the London office of the China Council for the Promotion of International Trade (CCPIT) is holding a seminar this Saturday entitled “Made in China 2007: The Truth” to provide “a greater understanding of the […]