Friday , November 15 2019
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California, ‘ground zero for US-China relations’, feels the pinch as trade war tariffs hit American port traffic

Karen Quintana used to pay little attention to US President Donald Trump’s Twitter feed. But as the US-China trade war has dragged on, monitoring the frequent social media dispatches has become an essential part of the job. “At first, people did not really believe the tweets on tariffs were real. They thought, ‘oh he tweeted something, but maybe it’s not ... Read More »

Fentanyl smugglers: Nine jailed in landmark US-China operation

Nine people have been jailed in China for smuggling fentanyl into the US, after a landmark joint investigation by American and Chinese officers. In August, US President Donald Trump said China was not doing enough to stop the opioid – 50 times more potent than heroin – being shipped to the US. The Chinese court said it was the first ... Read More »

Pakistan Exports To China Increases After Execution Of CPFTA-II: Razak

ISLAMABAD, : Adviser to Prime Minister on Commerce, Industries, Textile and Investment on Thursday said that Pakistani exports to China would increase considerably after the implementation of second phase of China Pakistan Free Trade Agreement (CPFTA) by December 1, 2019. During interview with China Economic Net, he said that China International Import Expo (CIIE) Shanghai provides good opportunity to Pakistani ... Read More »

China lifts ban on poultry imports from Spain, Slovakia: customs

BEIJING : China’s customs said on Monday it has lifted a ban on imports of poultry and poultry products from Spain and Slovakia after determining that bird flu was no longer present in those countries. The bans, in place since 2016, were lifted on Oct. 31, said the notice published on the website of the General Administration of Customs. The ... Read More »

Higher customs scrutiny delays China-Hong Kong shipments

Chinese customs officials are giving a closer look to some goods being shipped from China into Hong Kong amid ongoing anti-government protests, causing delays in freight arrival. Read More »

EU Chamber says China’s new foreign investment law is ‘surprisingly accommodating’

BEIJING — At least on paper, the Chinese government is trying to show how serious it is about improving the local business environment for foreign companies. Joerg Wuttke, president of the European Union Chamber of Commerce in China, told reporters Friday that based on a preliminary look at the country’s new foreign investment law, “It is surprisingly accommodating to all ... Read More »

Ecuador’s economy shell-shocked by China shrimp ban

Sales of Ecuadorean shrimp to China were worth over US$1 billion between January and August this year but were suddenly halted in September for sanitary reasons, casting uncertainty over the trade. Almost a month after Chinese authorities imposed a ban in response to apparent outbreaks of diseases known as yellow head and white spot, only one of Ecuador’s five companies ... Read More »

China’s aluminium scrap imports rise 7.4% on-year in Aug

SHANGHAI, : China’s imports of aluminium scrap rose 7.4% from a year ago and barely changed from a month ago to stand at 141,000 mt in August, the first month after import restrictions on high-grade aluminium scrap took effect, showed data from China Customs. The volume of third quarter’s import quotas for the so-called Category Six aluminium scrap of higher ... Read More »

Trump’s China trade rhetoric turns harsh at UN, says won’t take ‘bad deal’

Trump-calls-on-nations-to-reject-globalism-embrace-nationalism-daily-timesUS President Donald Trump delivered a stinging rebuke to China’s trade practices on Tuesday at the United Nations General Assembly, saying he would not accept a “bad deal” in US-China trade negotiations. Four days after deputy US and Chinese negotiators held inconclusive talks in Washington, Trump’s remarks were anything but conciliatory and emphasized the need to correct structural economic abuses ... Read More »

China Aug pork imports jump 76% as disease decimates local supply

BEIJING,: China’s pork imports rose 76% in August from the same month a year earlier, customs data showed on Monday, as the world’s top consumer of the meat stocked up on supplies after a deadly disease decimated its pig herd. China took in 162,935 tonnes of pork last month, data from the General Administration of Customs shows, up 76% from ... Read More »

China trade flow via Hong Kong declines as city set to report worst exports in a decade

Hong Kong’s trade promotion body said on Monday the city’s exports this year would suffer their largest decline in a decade due to the impact of the ongoing trade war between China and the United States. The Hong Kong Trade Development Council predicted that the city’s exports would shrink 4 per cent by value, the worst performance since 2009 when ... Read More »

China customs says approves some Argentina meat plants for shipments

BEIJING : China’s customs said on Monday that it has approved some Argentina meat processing plants for exports, the General Customs Office said in an email to Reuters. The customs office also said it has made checks on meat exporters in the South American country recommended by the Argentinian government lately. It did not say which companies were approved or ... Read More »

China lifts temporary ban on shrimp imports from Omarsa

China has reversed a decision to suspend imports of shrimp from Ecuador’s Omarsa just one week after imposing a ban. According to a notice by China’s General Administration of Customs, shipments from the company’s Duran, Ecuador-based shrimp unit can now enter China as normal. Suspensions applied to Industrial Pesquera Santa Priscila — Ecuador’s largest shrimp company — and Explasa, its ... Read More »

Customs seizes P53M worth of vegetables smuggled from China

THE BUREAU of Customs (BoC) seized P53 million worth of smuggled food products from China at the port of Manila yesterday. In a statement, the bureau said it confiscated 16 containers declared to contain fishballs consigned to Shinerise Trading Service. Upon inspection, they were loaded with carrots, onions, broccoli and potatoes. The consignee paid only P2.54 million in duties and ... Read More »

China grants tariff exemptions to 16 types of US goods ahead of trade war talks

China on Wednesday unveiled a list of 16 types of products that will be exempt from the first round of additional tariffs on US imports as the two sides prepare for their latest trade talks. The exemption will take effect on Tuesday and remain in place until September 16, 2020, the Customs Tariff Commission of the State Council said in ... Read More »

Thai Postal Customs Division finds rare snakes in parcels mailed from China’s Taiwan

BANGKOK, : The Thai Postal Customs Service Division in Bangkok on Thursday posted on social media that they have intercepted parcels containing 12 small, colourful snakes of various species mailed from China’s Taiwan to Chiang Mai in Northern Thailand. Twelve snakes were hidden inside piggy banks in different parcels, said the Thai Postal Customs Service Division Facebook page. Meanwhile Thai ... Read More »

Changes in China’s Purchasing and Import Trends between 2019 and 2024

One aspect of the US-China trade war little commented on is the US$179 billion worth of goods that China purchased from the US in 2018. While much of the trade dispute talk has been on the amount that the US has been buying from China (US$557.9 billion) and the size of the trade deficit (US$378.6 billion), the smaller amount – ... Read More »

China to implement additional customs tariffs on US imports worth 75 billion USD

The State Council Custom Tariff and Tax Committee announced on August 23rd, 2019, their decision to raise the custom tariffs on US import products worth 75 billion USD. At the same time the committee decided to resume the custom tariffs on US cars and spare parts. The US government previously announced on August 15th, 2019, their decision to raise the ... Read More »

China’s July crude oil imports from Malaysia near record: customs

SINGAPORE/BEIJING : China’s crude oil imports from Malaysia stood near record levels in July, customs data showed, with traders and a tanker-tracking analyst citing oil either transshipped from Venezuela or blended with Venezuelan crude for the unusual growth. Crude imports from Malaysia rose to 1.35 million tonnes last month, more than double from a year earlier, data from China’s General ... Read More »

China threatens ‘countermeasures’ on trade, without saying more

BEIJING — China is still short on details on how it will respond to new U.S. tariffs on Chinese goods. “If the U.S. obstinately clings to its own way, China has no choice but to take corresponding countermeasures,” Ministry of Commerce Spokesman Gao Feng said Thursday in Mandarin, according to a CNBC translation. “The U.S. should change its wrong actions.” ... Read More »