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• 2011 Shows China Trade Increase with Pakistan, India, Iran and North Korea - Editor, 1 February 2012

Recently released trade figures for 2011 have revealed a significant increase in trade between China and Pakistan, India, Iran and North Korea. Bilateral trade between Pakistan and China reached US$10.6 billion in 2011, being an overall growth of 22 percent when compared to the 2010 figure of US$8.7 billion. Imports from, and exports to, Pakistan increased by roughly the same percentage, and Pakistan's Ambassador to China, Masood Khan, expressed his satisfaction with the figures, noting that the goal of reaching US$15 billion in bilateral trade within two to three years may be reached earlier than expected. He urged that this should not make Pakistan businesses complacent, and that they should take every opportunity to increase exports to China. Beijing and Pakistan have Free Trade Agreements on services goods and investments and have met twice in the past three years to discuss strategies for boosting trade between the two countries.

• China and Taiwan Continue to Strengthen Trading Ties - Editor, 18 January 2012

Having won the country's elections with 51.5 percent of votes cast, Taiwan's president Ma Ying-jeou will continue to push for the strengthening of ties between his country and mainland China. It was under Ma Ying-jeou's leadership that the two parties agreed in 2008 to end the ban on air, sea and postal links that had been put in place when Taiwan broke away from the People's Republic of China. The response to the lifting of these travel bans was very positive, with an estimated 1.3 million Chinese tourists flocking to Taiwan in 2010. Currently up to 550 flights travel between China's mainland and Taiwan each week, and bilateral trade has reached US$150 billion.

• Focus Shifts to Economic Growth as China’s Inflation Rate Eases - Editor, 9 November 2011

During her visit to China this week, managing director of the International Monetary Fund Christine Lagarde, commended the country for developing domestic demand in its current economic growth model. She also noted that the latest economic data confirms that China's inflation is easing, saying that the country's policy is moving back to balance. Lagarde was speaking at a forum held in the city of Beijing where she also touched on the global economy, which she referred to as entering a dangerous and uncertain phase, calling for advanced economies to speed up structural reforms in order to create job opportunities and regain competitiveness. Problems with some Eurozone countries, most notably Greece and Italy, and ongoing economic problems in the United States, continue to impact global markets.

• Exploring Opportunities at the World Chinese Entrepreneurs Convention - Editor, 7 October 2011

Speaking at the 11th World Chinese Entrepreneurs Convention held in Singapore this week, Chinese Vice Minister of Commerce Gao Hucheng noted that when problems first hit the United States in 2008, many thought that it was limited to that country, or even limited to one economic sector within the country, however that perception changed with the collapse of Lehman Brothers and the realization that economic globalization has led to a situation where nobody is immune to the current economic crisis. While acknowledging that the outlook of the debt crisis in Europe remains uncertain, the outcome could be influenced by the prospect of the recovery of the world economy. He suggested that, rather than each country choosing its own different way to deal with difficulties, it may be better to seek solutions and strive for common development. Mr Gao pointed to China's economic and trade cooperation with ASEAN – the Association of Southeast Asian Nations – as a good example of the mutual benefits of economic cooperation.

• China and South Africa Strengthen Ties - Editor, 30 September 2011

South African Vice President Kgalema Motlanthe met with Chinese Premier Wen Jiabao and Vice Premier Xi Jinping in Beijing this week to reinforce existing ties and pledge ongoing support and cooperation between the two developing countries, both of which are members of BRICS – the international political organization of prominent emerging market countries consisting of Brazil, Russia, India, China and South Africa. It has been reported that Premier Wen Jiabao expressed his approval of the level of bilateral cooperation in recent years, noting that the two countries should make every effort to continue to support and assist one another by improving coordination and communication and safeguarding their common interests, as well as those of other developing countries.

• China Marks Decade of WTO Membership - Editor, 9 September 2011

China became a member of the World Trade Organization (WTO) on December 11, 2001, the culmination of a process that stretched out over a period of almost fifteen and a half years. In the decade since becoming a WTO member, China has made great strides from being relatively isolated from international trade standards and regulations, to meeting requirements for full participation in world trade. Steps taken to meet WTO regulations have included lowering tariffs, eliminating non-tariff barriers, the opening up of domestic markets, and promoting market reforms. Today, China is the biggest exporter in the world, and ranks as the world’s second largest importer. However it has achieved this will battling against trade protectionism and resistance against its low-price products from authorities in both developed and developing nations.

• China Delegation Visits Murrieta USA - Editor, 27 may 2011

Located in Riverside County in California, USA, Murrieta is considered to be one of the fastest growing cities in the state. In the decade between 2000 and 2010, the city experienced a population increase of more than 130 percent, and although it is largely a residential area, Murrieta has established a new International Business Center and is pursuing business interests with a number of parties, including the People's Republic of China. Recently officials of the City of Murrieta welcomed a delegation of twelve Chinese business and government authorities from Zhejiang's Shaoxing County to meet with local companies to discuss opportunities for mutually beneficial trade.

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