China

China’s trade surplus raises at 11.43 bln USD

China’s trade surplus rose to 11.43 billion U.S. dollars in April this year, according to figures released Tuesday by the General Administration of Customs (GAC). The country reported a small trade surplus of 140 million dollars in March, on the basis of a deficit of 7.3 billion U.S

Published

10 years ago

May 10, 2011

Siriporn

China’s trade surplus rose to 11.43 billion U.S. dollars in April this year, according to figures released Tuesday by the General Administration of Customs (GAC).

The country reported a small trade surplus of 140 million dollars in March, on the basis of a deficit of 7.3 billion U.S. dollars in February — the country’s first since March 2010.

China’s exports increased 29.9 percent in April from a year earlier to 155.69 billion U.S. dollars, while imports rose 21.8 percent year on year to reach 144.26 billion U.S. dollars, the GAC said.

Last month, the growth rate of exports was 5.9 percentage points down from March while that of imports was 5.5 percentage points lower month on month.

In April, the total value of imports and exports increased 25.9 percent year on year to 299.95 billion dollars, it said. &$

&$Source: Xinhua&$&$
&$

China

Clear skies over Asia’s new foreign investment landscape?

Published

4 days ago

May 3, 2021

East Asia Forum

Compounding the fallout of the US–China trade war, the global pandemic and recession have caused considerable speculation on the future of foreign investment and global value chains (GVCs). But though there is likely to be some permanent change, it will probably not be as great as politicians expect.

(more…)

China

Will Myanmar’s coup help China influence ASEAN?

The Myanmar crisis is becoming increasingly tragic, with the military’s use of lethal force now killing over 60 protestors.

Published

2 months ago

March 10, 2021

Henrick Z Tsjeng

On 16 January 2021, Chinese Foreign Minister Wang Yi concluded a visit to four ASEAN countries. One destination was Myanmar, the upcoming country coordinator of the ASEAN–China dialogue and now centre of international attention after the country’s military seized power.

(more…)

China

Rapid growth in China post-COVID makes it ripe for investment

Being “first in and first out” of COVID-19, China is the only country among the G20 that is thought by the Organisation for Economic Co-operation and Development (OECD) to have increased GDP in 2020.

Published

2 months ago

March 4, 2021

The World Economic Forum

In January 2020 as the world began to learn of COVID-19, many market observers predicted a challenging year for Asia. While there continue to be headwinds from the health and economic crisis, Asia, and China in particular, has demonstrated comparatively advantageous resilience.

(more…)