China Financial News Headlines

October 18, 2008

Port Cooperation, Seaport for foreign Trade

Filed under: financial news — Tags: , , — kinpoo @ 11:05 am -0500

China and ASEAN will have a Meeting for their Long-term Cooperation Mechanism
Reported from the communications department in Guangxi, the senior officials of the communications in China and ASEAN will gather in Guilin of Guangxi on Oct.19-20th and attend the first China-ASEAN cooperation meeting of senior officials, to discuss the establishment of the the long-term mechanism of the two ports.

Shanghai Port slows down the export to Europe and United States for 5 Months
From this May, Shanghai port slowed down their trade in Europe and the United States for 5 consecutive months, and the impact by the foreign trade of the global economic was increasingly obvious.

The falling Trend of Chinese Textile Exports is hard to reverse in Short-term
The total textile exports have grown 8 % compared to the past data, lower than the national export growth rate — 14.2 %. The falling trend of Chinese Textile Exports is hard to reverse in short-term.

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