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- China Reviews Climate Change Policies - Editor, 23 November 2011
- China Reinforces Greek Trade Ties - Editor, 28 October 2011
- Global Uncertainty, Appreciating Yuan Impact China's Growth Rate - Editor, 14 October 2011
- China Increases Investment and Trade with CARICOM - Editor, 16 September 2011
- Japan-China Import/Export Trade - Editor, 26 August 2011
- Coca-Cola to Expand Investment in China - Editor, 19 August 2011
- China-ASEAN Trade and Economic Cooperation Strengthened - Editor, 12 August 2011
The upcoming United Nations Climate Change Conference 2011 (COP17), set to take place in Durban, South Africa, on 28 November to 9 December, has the world focused on this somewhat controversial issue – and China continues to be one of the hot topics for debate. Beijing has long maintained the stance that as pioneers of industrialization developed nations are responsible for the current circumstances facing the planet and should not expect poorer nations to commit to binding agreements to reduce emissions. As a prelude to the COP17, which has the slogan of "Working Together – Saving Tomorrow Today", China has published a report detailing various aspects of government policy on climate change.
With the Eurozone's debt crisis dominating business news headlines and the Greek economy being high on the list of concerns, China's top political advisor, Jia Qinglin, met with Dimitris Avramopoulos, the deputy president of Greece's New Democracy Party, to discuss trade ties between the two countries. At a meeting held in Athens, Jia noted that the New Democracy Party – the main opposition party to the ruling Panhellenic Socialist Movement – had a record of friendly policies toward China and will continue to play a pivotal role in the development of collaborations between China and Greece.
September's trade data released by the customs office of the Peoples' Republic of China indicated that the country's explosive export growth was slowing down. While both imports and exports for last month still showed impressive growth, being 20.9 percent and 17.1 percent respectively, the rapid pace of growth was easing off; with China's trade surplus narrowing from August’s $17.8 billion to $14.5 billion for September. The gradual increase in the value of the renminbi, the alleged undervaluing of which has been a contentious issue for some time now, accounts for some of the narrowing in the trade surplus.
China's Vice Premier, Wang Qishan, attended the 3rd China-Caribbean Economic and Trade Cooperation Forum held earlier this week (12-13 September), with the strengthening of business, trade and social ties between CARICOM member countries and China being high on the agenda for discussion. The organization known as the Caribbean Community, or CARICOM, represents fifteen Caribbean nations with the main purpose of promoting cooperation among member nations, as well as to pursue economic integration and coordinate foreign policy to the benefit of all concerned. CARICOM member countries are: Antigua and Barbuda; Trinidad and Tobago; Saint Vincent and the Grenadines; Saint Kitts and Nevis; the Bahamas; Barbados; Belize; Dominica; Granada; Guyana; Haiti; Jamaica; Montserrat; Saint Lucia; and Suriname.
Japan's total trade with China increased to US$163.2 billion in the first six months of 2011, representing a growth of 17.9 percent measured year-on-year and setting a record for first half year performance. This half year achievement comes hot on the heels of the record set in the second half of 2010 where Japan's imports from China climbed to US$ 84.9 billion, being an increase of 21.4 percent, while Japan's exports to China rose to US$ 78.2 billion, being an increase of 14.3 percent. These statistics were provided by the Japan External Trade Organization (JETRO) in a report released on August 16.
As the world's top brand of soft-drink, Coca-Cola is already a formidable presence in China, with sales reportedly making up around seven percent of its global volume. Coca-Cola has experienced significant growth in China over the last five years and the company has made considerable investments with its Chinese bottling partners to keep up with increasing demands for its range of products. Coca-Cola management recently revealed plans for investing an additional $4 billion over the next three years as it expands its interests in this populous region. This commitment, together with the $3 billion invested during the past three years, will bring the company's investments in China between 2009 and 2014 to a total of $7 billion.
At a recent meeting with ASEAN nations held in Manado, North Sulawesi, Indonesia, China's Minister of Commerce Chen Deming emphasized the need to improve and expand trading and economic cooperation between the Peoples' Republic of China and ASEAN. This consultation conference, which marked the 10th such meeting between ASEAN Economic Ministers and China's Ministry of Commerce, provided a platform for reviewing the results of twenty years of cooperation between the parties present, as well as to make plans for the future.
Recent Articles
- China and Taiwan Continue to Strengthen Trading Ties - Editor, Wednesday 18 January 2012
- China to Upgrade CNAPS for Cross-Border Trade - Editor, Wednesday 4 January 2012
- Philippines-China Trade Shows Impressive Growth - Editor, Wednesday 21 December 2011
- UAE-China Trade Ties Strengthened at 10th CCFS - Editor, Wednesday 7 December 2011
- China Reviews Climate Change Policies - Editor, Wednesday 23 November 2011

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