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Recent Trade News
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January 11, 2010
State media reports that China's exports rose 17.7% in December, which
indicates that the country has overtaken Germany as the world’s largest
exporter
The rise compared with a year earlier, at the height of the recession,
breaks a 13 month’s decline in trade due to the lack of external demand.
Total exports, although down by 13.9% overall in 2009 compared with 2008,
were said to be valued at $1.2 trillion. The figures suggest that demand in
the developed world is gaining traction and confirms that the China’s
manufacturing base is once again expanding (as was indicated by the PMI
indices released last week). It should be noted though that the 17.7% rise
is measured against a particularly low base back in December 2008....
January 4, 2010
Purchasing Manager Index (PMI) points to renewed expansion in the Chinese manufacturing sector:
Both the Chinese government PMI (National Bureau of Statistics) and the HSBC PMI have indicated an expansion in manufacturing activity in December 2009, with numbers of 56.6 and 56.1 respectively. It is thought that this record expansion (the highest since the survey was established in April 2004) is partly due to a second wave of Central Government spending measures... |
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September 14, 2009
ET2C Office Move
ET2C International Inc. announces today that the company has move d its China headquarters from East Beijing Road , Shanghai to a new, larger space in the city to better accommodate the growing company and to offer buying office clients enhanced facilities... |
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