Tag Archives: Import

Entering the Year of Tiger, enterprises in the world’s largest coal producer, China, are more and more seeking overseas coal. The unexpectedly massive onslaught of snow and ice in the country’s northern reaches has caused coal shortages in the southeast and is strengthening the determination of Chinese firms to go after overseas resources. As transportation from inland mines to the southeast …

BEIJING, March 1 (Xinhua) — A guideline to accelerate the transformation of the country’s foreign trade growth pattern was jointly issued on Thursday by 10 Chinese government agencies. The country aims to balance its foreign trade by increasing imports and optimizing the mix of its import tariffs, according to the publication on the Ministry of Commerce website. The guideline said …

BEIJING, Feb. 26 (Xinhua) — China’s natural gas imports rose 66.7 percent year-on-year to hit 3.6 billion cubic meters in January, the country’s top economic planner said. The rapid increase has further pushed up the share of imported natural gas in the country’s natural gas consumption, the National Development and Reform Commission (NDRC) said in a statement on its website. …

China’s Vice President Xi Jinping, on the last day of a much-ballyhooed five-day trip through the United States, said the Chinese economy will avoid a “hard landing” this year and maintain stable growth. Slated to become the president of China by 2013, Xi told a business forum in Los Angeles: “2012 will be a crucial year in driving the twelfth …

Soybean exporters in the U.S., the world’s top shipper, sold 2.923 million metric tons to China in the biggest one-day deal on record. Prices in Chicago rose to the highest in almost five months. The sale includes 2.75 million tons for delivery in the year that begins Sept. 1 and 173,000 tons prior to Aug. 31, the U.S. Department of Agriculture said today in …