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. &$

&$Source: Xinhua&$&$
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China

RCEP and China: Reimagining the future of trade in Asia

The Regional Comprehensive Economic Partnership (RCEP) could eventually usher in an era of much deeper regional integration: for corporates doing business in the region, their future success may well hinge on how adeptly they manage to navigate the evolution of Asia’s trade landscape under the RCEP.

Published

1 month ago

December 16, 2020

Headline Editor

Last month, 15 countries in the Asia-Pacific region – including the 10 member states of the Association of Southeast Asian Nations (ASEAN) as well as China, Australia, Japan, New Zealand, and South Korea – signed the landmark Regional Comprehensive Economic Partnership (RCEP) on the final day of the 37th ASEAN Summit.

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China

Thailand ready to ink big Chinese-backed trade deal

The RCEP will cover all 10 Asean member states plus five partners: China, Australia, Japan, New Zealand, and South Korea and will take effect from the middle of 2021 if at least six Asean members and three partners agree to its terms.

Published

2 months ago

November 13, 2020

Olivier Languepin

Thailand is set to sign the world’s biggest free trade agreement with Japan, China, South Korea and 12 other Asia-Pacific countries at the 37th Asean Summit this week.

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Business

Great Wall Motor (China) takes over GM factory in Thailand

The Thai production hub will become operational in the first quarter of 2021 with automobile production capacity of 80,000 units per annum.

Published

3 months ago

November 4, 2020

Zhong Li

Chinese carmaker Great Wall Motor (GWM) hosted a ceremony on November 2nd to celebrate the latest milestone in taking full ownership of Rayong Manufacturing Facility in Thailand.

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