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Slowdown, rising yuan squeeze exporters2008-4-24 8:30:19
It's a tough choice this year for exporters at the trade fair: fewer orders or paper-thin profits.The yuan is stronger and the world market is weaker, the result of the unfolding credit crisis. And that's had an impact on the number of buyers and orders for exporters who are attending the China Import and Export Fair in Guangzhou, capital of the southern Guangdong Province. Figures from the fair s
Steel exports rebound on widening price gap2008-4-14 8:42:45
China exported 4.16 million tons of steel in March, an increase of 1.05 million tons from February, spurred by the widening price gap between the domestic and international markets.International steel prices rose more sharply than domestic prices, with the price gap extending to $100 to $200 per ton, which propped up more exports, said industry expert Xu Xiangchun.March exports were 22.6 percent l
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