Foreign trade set to exceed $4t

China’s foreign trade volume is expected to exceed $4 trillion in 2017 if there are no special circumstances based on figures accumulated in the first 11 months, the Ministry of Commerce predicted on Thursday. Gao Feng, the ministry’s spokesman, said China has been resolutely pushing forward supply-side structural reform in foreign trade. The labor, capital and… Please follow and like us:

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Belt and Road Initiative takes auto industry globally

Neely’s move to acquire Proton in the limelight. More global acquisition to follow suit backed on the Belt and Road Initiative. [Photo/Agencies] But key areas remain underdeveloped, offering new growth drivers Industry insiders have hailed China’s supportive policies as the backbone of expanding international automobile partnerships linked to the Belt and Road Initiative. Cui Dongshu, secretary-general… Please follow and like us:

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U.S. exports have flatlined

Last month the Sixth Circuit Court of Appeals affirmed the lower district court’s ruling that none of the plaintiffs in the Crawford et al. v. United States Department of the Treasury lawsuit were suffering harm as a result of FATCA (Foreign Account Tax Compliance Act of 2010). Perhaps the justices should have been made aware of… Please follow and like us:

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Advisers to play role in BRICS’ worldwide influence

Think tanks will work to play a positive role in deepening cooperation among BRICS members in strengthening global governance and meeting universal challenges, according to a commerce official and a think tank organizer. With the approach of the 2017 BRICS Summit in Xiamen, Fujian province, experts on the economy and trade from higher education institutions and… Please follow and like us:

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Trade surplus good for America?

When we discuss international trade and balance of payments, there are two types of accounts. There is the current account, which includes goods and services imported and exported and receives the most political attention. In 2016, the American people imported $479 billion worth of goods and services from Chinese producers, and we sold $170 billion worth… Please follow and like us:

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