China trade News

The US is trying to threaten its way to forcing China to accept its unreasonable decisions, a state-run newspaper has said.

The Arctic Policy outlined the rationale that China is likely use to ensure access to the resources of the region.

China`s foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, even as authorities tried to curb outflows by tightening capital controls.

China`s commerce ministry published its foreign trade five-year plan for 2016 to 2020 on Monday, reiterating its determination to attract foreign investment in manufacturing and its support for domestic companies going overseas.

Imports fell 1.9 percent on-year to $142.5 billion, Customs said, and the trade surplus declined to $42.0 billion.

The onshore yuan climbed to 6.4625 to the dollar as of 9.40 a.m. in Shanghai, up 214 basis points from Thursday`s close, according to China Foreign Exchange Trade System prices.

Exports fell 25.4 percent from a year earlier, twice as much as markets had feared as demand skidded in all of China`s major markets, while imports slumped 13.8 percent, the 16th straight month of decline.

China will release fourth-quarter and full-year 2015 economic growth data on January 19.

Energy and steel may be the hardest-hit sectors in Asia-Pacific (APAC) in the event of a sharp slowdown in Chinese growth, says Fitch Ratings. 

Chinese stock markets tumbled for a second straight day on Wednesday as investors crowded the exits, fearing a government campaign to prop up share prices was faltering and unnerved by a steady stream of gloomy economic news.

China`s exports in the first five months rose 0.7 percent from a year earlier, far from the government`s target of 6 percent this year. Exports to Europe and Japan fell 6.9 percent and 8.1 percent, respectively, and shipments to Southeast Asia were flat.

China suffered an across-the-board decline in trade in March, the government said today, days ahead of GDP data expected to show another slowdown in the world's second-largest economy.

India's trade deficit with China rose to a whopping USD 37.8 billion last year even as bilateral trade picked up, totalling USD 70.59 billion, a year on year increase of 7.9 per cent.

China`s trade surplus hit a record $54.47 billion in November, soaring 61.4 percent on-year as imports to the world`s second-largest economy surprisingly fell, the government said Monday.

Exports, which accelerated from April`s gain of 0.9 percent, were in line with the median prediction of a 7.2 percent rise, while imports missed their forecast of a 6.0 percent increase.