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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Chinese exports

Chinese exports stories: 12 news summaries

(Newser) - US-China trade tensions escalated yesterday when Beijing announced it was investigating whether the US dumped auto parts and chicken products onto the Chinese market, the LA Times reports. An expert calls the retaliatory move, which comes days after the White House slapped a 35% import tariff on Chinese tires, "... More »

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China exports tariffs labor unions protectionism chicken Chinese exports tires

Obama Slaps Stiff Tariff
on Chinese Tires

China threatens retaliation after president moves to protect US tire industry

(Newser) - President Obama has imposed tough new tariffs on the import of Chinese-made tires, the Wall Street Journal reports. The 35% import tariff comes in response to industry complaints that Chinese-made tires are flooding the US, jeopardizing thousands of jobs. China attacked the decision, saying it violated trade rules, and threatened... More »

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China imports tariffs protectionism World Trade Organization. Chinese exports tires

 China's GDP Crawls, 
 But Worst May Be Over 

Growth sinks below 'danger line' but experts believe rebound is coming

(Newser) - China's GDP growth fell to its lowest level last quarter since Beijing started keeping records in 1992, the Wall Street Journal reports. The 6.1% growth, however, is in line with forecasts and actually seen as decent news by many economists. Data on loans and industrial growth suggest that the... More »

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China GDP Chinese economy economic stimulus package Chinese exports

OPINION

China's Trouble: Lots of Dollars, Little Sense

Krugman: Beijing knows it's in trouble, remains tied to old ills

(Newser) - China’s recent call for an alternative to the dollar as a reserve currency underlines how much trouble the country is in after years of stockpiling greenbacks, Paul Krugman writes in the New York Times. The Chinese, long unwilling to let the yuan float freely on foreign exchanges, are signaling... More »

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China trade surplus yuan US dollar Treasury bills Chinese exports

 China-India Friction 
 Rises Amid Downturn 

But tensions persist between two boom economies

(Newser) - With US demand shrinking, China is looking to India to keep its exports buoyant and buy everything from iron ore to stuffed animals. But although China is its largest trading partner, India's not happy: this year it banned toy imports for safety reasons, and the country has lodged a dozen... More »

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China India globalization exports Chinese exports economic downturn

INVESTIGATION

 Honey Packers Fail to 
 Report Tainted Imports 

Companies often simply send honey back to importer

(Newser) - US honey packers often don’t tell authorities about imports contaminated with banned antibiotics or other chemicals, and instead simply send the products back, the Seattle Post-Intelligencer reports after a lengthy investigation. Importers can then get the tainted honey into the American market through another packer, as two Chicago businessmen... More »

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food contamination antibiotics food safety honey imported food Food and Drug Administration Chinese exports

China's Q4 Economic Growth Slows

Economy grew by 9%
in 2008, down sharply from 13% in 2007

(Newser) - China’s economy expanded at 9% in 2008, in a drastic slowdown marking the first time China has seen single digit growth since 2002, reports the Wall Street Journal. A soft export market and its own housing collapse slowed fourth-quarter growth to just 6.8%, threatening the government’s... More »

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analysis

Spending Beyond Our Means? It's All China's Fault

The time of the reckoning is here, NYT says

(Newser) - The financial crisis is, in part, a result of the uncomfortably tight economic embrace between the US and China, New York Times reports. China has long fostered an unsustainable credit cycle by keeping its currency artificially cheap and lending massive sums to the US. “Nobody wanted to get... More »

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China Ben Bernanke Henry Paulson Chinese economy financial crisis Chinese exports

 Plunging Exports Roil Asia 

Declining global demand sends shock across the continent.

(Newser) - Asia, the manufacturing powerhouse of the last few decades, is experiencing a plunge in exports unprecedented in modern history, the Washington Post reports. Japan, the world’s second-largest economy, reported yesterday that exports dipped 27% in November, while Thailand’s exports shed 19%, the most in 17 years. Taiwan’s... More »

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exports recession global economy supply and demand financial crisis Chinese exports

China's Heavy Industries Steel for Crash

Global downturn freezes country's industrial transformation

(Newser) - The global slowdown is rapidly shutting down China's heavy industries, the New York Times reports. Just months after the government warned that the red-hot economy could lead to runaway inflation, the nation's steel, cement and construction industries now find themselves with a huge excess of capacity—and workers. Growth is... More »

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China global economy Chinese economy industry Chinese exports

 Chinese Automakers 
 Seek US-Style Bailout 

Country's carmakers look to Beijing as slowdown puts the brakes on sales

(Newser) - China's automakers are looking to emulate a new Detroit invention—a bailout, the New York Times reports. After years of rapid expansion, the industry has been hit by a sudden slowdown as confidence crashes both home and abroad. Executives are now quietly pressing Beijing for a US-style rescue package to... More »

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China automaker Chinese economy auto industry bailout cars Chinese exports

China Blames Crisis in Latest GDP Slide

Growth at solid 9%, but down for 5th quarter in row as exports shrink

(Newser) - The dragon isn’t sick yet, but it’s definitely catching cold: China’s gross domestic product grew by an enviable 9% in the third quarter, but still failed to match last quarter’s result of 10.1%, the Guardian reports. The data mark the first time China’s GDP... More »

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China GDP Chinese economy Chinese toys credit crisis financial crisis financial meltdown Chinese exports

12 Stories