China sees $10B trade surplus in 2004
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China expects its trade surplus to be around $10 billion in 2004, and sees friction over textile exports topping the list of trade troubles next year, a senior Commerce Ministry official said.
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New export taxes on polluting and energy intensive industries will help reshape how China's economy grows, but alone are not enough to resolve its trade imbalances with the United States, a top Commerce official said on Sunday.
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China posted its biggest trade surplus in nine years in December, data showed on Tuesday, as the country's booming exports showed little sign of trailing off.
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China is to invest nearly $20bn (Â£11bn) in Argentina over the next 10 years, Argentine officials say.
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China&#39;s real gross domestic product (GDP) is projected to average around 9 percent in 2004 andto slow to about 7.5 percent in 2005, the International Monetary Fund (IMF) said Wednesday.
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BEIJING -- Just last month, China announced plans to buy $4.3 billion of U.S. technology as a way to show how serious it is about reducing the ballooning trade gap with the U.S.
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BEIJING -- China wants to keep its trade surplus in check this year, Commerce Minister Bo Xilai said today.
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Japan's trade surplus in July rose a sharper-than-expected 44.2 percent on the back of record Asia-bound exports but some economists warned exports may slow later this year as China's economy cools.
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China's sizzling economy is slowing but should still expand by 10.4 percent this year, the World Bank said Tuesday, as newly released statistics suggested measures to prevent runaway growth might be taking effect.
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China&#39;s economy will expand 8.8 per cent in 2004 and eight per cent in 2005, but growth next year may slow to 7.2 per cent if oil prices stay at around $40 a barrel, the Asian Development Bank said on Wednesday.
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China had a trade surplus of $85.72 billion in the first five months of 2007, up more than 80 percent from the same period a year before, a commerce ministry official said on Saturday.
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TOKYO (CBS.MW) - China expects economic growth to reach at least 9 percent in 2004, according to a published report. Free! Sign up here to receive our Before the Bell e-Newsletter!
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Argentine officials announced Tuesday that China will invest more than $19 billion in Argentina over the next 10 years, deepening trade links between the world's fastest growing economy and South America's second-largest.
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MOSCOW  - Russia will ship about 10 million tonnes of oil to China by rail in 2005, Russian Railways' CEO Gennady Fadeyev said Wednesday.
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VIENTIANE, LAOS - China and 10 Southeast Asian countries signed a deal to create one of the world&#39;s largest free-trade areas by the end of the decade.
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The politically sensitive Chinese trade surplus surged to a record $26.9 billion in June, potentially heightening tensions with the United States.
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China's economic growth is expected to slow slightly next year to a still robust 10.9 percent, with inflation at 4.5 percent, the central bank's research bureau said in a forecast reported Friday by a government newspaper.