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• China Pushing FTA Negotiations with Australia - Editor, 8 April 2011

On his visit to Western Australia, Jia Qinglin, a political advisor of China, stated that it was vital for Australia and China to continue in discussions with regard to free trade agreements. It is the hope of the Chinese government, that the two countries will be able to expand their relationship into various other industries, such as emission reduction, low carbon industries and energy conservation. Investment and trade in regard to these industries could be beneficial to both countries. And it appears that the recent talks with Colin Barnett, Premier of Western Australia, have been positive.

• New WTO Ruling Welcomed by China - Editor, 18 March 2011

Countries are permitted to enforce antidumping duties on products that are imported but which are being sold for much less than they would be sold at in their home countries, according to the rules of the World Trade Organization. There are unfortunately no clear lines in regard to establishing what would be considered fair in determining the domestic price, and importers are therefore left to use their own discretion in working out the duties that need to be paid. The World Trade Organization recently looked at the duties imposed by the U.S. on goods from China and have adjusted their ruling.

• Yuan Cross Border Trade Increase - Editor, 4 March 2011

China recently decided to develop and grow trade in yuan, and it seems to have been a very good decision on their part when looking at the financial figures for January 2011. Hoping to eventually develop the yuan currency in the global trade market, the country decided to give pilot companies selected from various provinces across China, including Shanghai, Zhejiang and Liaoning, the opportunity trade in yuan, and it has been a major success. The program was initiated in the year 2009, and already the positive outcome of this new policy can be seen.

• China Experiences Trade Growth with Singapore - Editor, 11 February 2011

In a speech made by Lim Hng Kiang, the Minister of Trade and Industry for Singapore, at a Chinese New Year’s reception, he commented on the promising growth experienced during 2010 as the world has begun to recover from the gloomy economic period it has experienced. China has the fastest growing economy in the world at the moment, which is having a positive effect on the bilateral agreement between China and Singapore. With bilateral trade up twenty-five percent, the future for these two countries is looking better with every passing month.

• US-China Trade Disputes - Editor, 16 December 2010

President Hu Jintao will be arriving in Washington on 17 January 2011. With the news of his visit came the letter from approximately thirty-two senators urging China to welcome talks in regard to trade disputes before Jintao’s pending visitation to the United States of America. The letter was addressed to the Vice Premier of China, Wang Quishan, and it was hoped by the senators that during the US–China Joint Commission of Trade and Commerce, which was held on 14 and 15 December 2010, that some of their concerns can be laid to rest.

• China-Africa Trade Booming - Editor, 6 October 2010

The China-Africa Co-operation Forum, established in the year 2000, has been a project that has grown from strength to strength each year. Its growth has enjoyed an average rate of 33.5 % each year, and the numbers for this year have also been satisfying. Bilateral trade between Africa and China is on the rise, and even though trade has been down in some years, it still shows an average growth that makes the China-Africa Co-operation Forum one of the most successful initiatives to date.

• Praise for Trade Growth - Editor, 28 July 2010

China began to move towards a new trade era in 1999, when prohibition limitations on products such as beef, citrus and grain where lifted, which also led to a market-access agreement being made between China and the United States of America. These two major developments in the country started them on a road to become part of the World Trade Organization, whereby market impediments were taken away and tariffs lowered. During 2000, China came to an agreement with the EU and the World Trade Organization, with negotiations concluding in 2001. Since then China has flourished in trade development and growth.

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