China


Vietnam-China auxiliary border gates reopened to facilitate trade

Vietnam-China auxiliary border gates reopened to facilitate trade

Feb 7 2020 / VNA Auxiliary border gates between the northern province of Lang Son and China’s Guangxi province will be reopened on February 10 to facilitate border trade between the two neighbours. Lang Son (VNA) – Auxiliary border gates between the northern province of Lang Son and China’s Guangxi province will be reopened on February 10 to facilitate border trade between the two neighbours. Vice Director of the...

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Russia closing border with China to affect people, not goods

By Jake Rudnitsky and Evgenia Pismennaya Jan 30 2020 / International Trade Russia’s move to close its land border with China is targeting passengers, leaving freight unaffected for now, the government said Thursday. Only 3% to 4% of bilateral trade turnover comes from people carrying goods through the checkpoints along the 4,210-kilometer (2,615 mile) border, according to Alexander Gabuev, the head of the Carnegie Moscow Center’s Russia in the...

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Chinese firms accused of dodging tariffs through ‘phantom trade’

By Lizzy Burden Jan 20 2020 / The Telegraph Chinese firms may be dodging billions in US tariffs by clandestinely channelling trade through other countries. Euler Hermes, which insures payments to exporters, shows in its annual global trade report that Asian exporters thought to have been winners in the trade war – taking the place of China as alternative exporters to the US – could be illegally rerouting goods...

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China halves customs clearance time ahead of schedule

China halves customs clearance time ahead of schedule

By Xinhua Jan 13 2020 / china.org.cn China’s customs clearance time shortened dramatically in 2019, meeting a target set by the State Council two years ahead of schedule, the General Administration of Customs said Monday. The country’s import clearance time was reduced to 36.7 hours in December last year, plunging 62.3 percent from 2017. Export clearance time was slashed to 2.6 hours, plummeting 78.6 percent from 2017. Besides, China’s...

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Pak-China customs authorities agree to boost cooperation

Pak-China customs authorities agree to boost cooperation

Dec 12 2019 / Daily Times A Chinese Customs delegation visited the FBR and held detailed meetings with Pakistan Customs on December 10-11 to further cooperation between the Customs Authorities of the two governments. General Customs Administration of China and Pakistan Customs under the FBR are actively involved in cooperation, information exchange, and enforcement coordination. In pursuance of the shared objectives, delegates from both the Customs Administrations held several...

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Fake Burberry sold with falsified customs papers: police

Fake Burberry sold with falsified customs papers: police

By Chen Huizhi Dec 12 2019 / SHINE Thirty-one suspects have been apprehended for allegedly producing and selling fake products under the British brand name Burberry, Shanghai police said on Thursday. Suspects from a company based in Jiangsu Province allegedly provided the fake products to an online shopping website, which police declined to name, with falsified customs papers. While the website requires customs declaration forms from its suppliers of...

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China’s exports fall again in November as trade war continues to bite

China’s exports fall again in November as trade war continues to bite

By Finbarr Bermingham Dec 8 2019 / South China Morning Post Shipments down 1.1 per cent in month, but imports grow for first time since April Figures come just a week before US is set to impose fresh tariffs on imports of Chinese goods China’s exports in November fell 1.1 per cent from a year earlier, marking a fourth successive monthly decline as the pain of the trade war...

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China says no 'time limit' on trade deal

China says no ‘time limit’ on trade deal

Dec 4 2019/ CNA BEIJING: China echoed comments from President Donald Trump Wednesday (Dec 4), saying there was no deadline for signing a US-China trade deal, as tensions spiked between the two countries over human rights issues. On Tuesday, Trump warned that efforts to resolve the spat between the world’s top two economies could continue until after next November’s US election, triggering a selloff in global markets. When asked...

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Kenya forcing importers to use costly new Chinese railway, businessmen say

Kenya forcing importers to use costly new Chinese railway, businessmen say

By Duncan Miriri Dec 3 2019 / Reuters MOMBASA, Kenya (Reuters) – Kenya’s new Chinese-built railway should have been a boon for business. The $3.3 billion line sliced hours off the journey from the port city of Mombasa to the capital, Nairobi. But some importers said their transport costs shot up by nearly 50% when they used the rail due to extra fees, more time spent clearing goods at...

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