Tag Archives: trade deficit
Beijing urged Washington on Wednesday to “adjust its outdated policies” on exports to China in light of a recent analysis saying US policy in areas like high-tech goods “significantly contributes” to its trade deficit with China.
China had its first monthly trade deficit in three years in February, as strong demand for Chinese goods both internally and around the world led to higher imports of raw materials. Overall foreign trade was stable in year-on-year terms, while declining from the previous month.
Downturn in Europe means government will monitor figures and fine-tune fiscal policies to ensure balanced exports and imports, Ding Qingfen reports. China’s foreign trade in the first two months of 2012 expanded 7 percent yearon-year, and the nation’s 10 percent growth target for imports and exports this year is “achievable”, Minister of Commerce Chen Deming […]
The United States should advance economic ties with China to reduce the adversarial nature of the relationship between the world’s two largest economies, the head of the U.S. Chamber of Commerce said. “Our country should make a major effort to attract global investors,” Thomas Donohue, president and CEO of the chamber, said. “Foreign investment already […]