Ministry of Commerce

MOC Claims China Not World’s Top Trading Nation

China’s Ministry of Commerce is contesting recent media reports that China surpassed the U.S. as the world’s biggest trading nation in terms of volume last year. China Daily reports: Recent data from the...

CDT Money: Uneasy Status Quo?

In a week dominated by the political drama surrounding the dismissal of embattled Chongqing party secretary Bo Xilai, speculation continued over possible monetary easing despite mixed messages from officials as they seek to...

China’s FDI Falls Again

Bloomberg reports that foreign direct investment (FDI) in China fell for a fourth straight month in February: Investment declined 0.9 percent to $7.73 billion last month from a year earlier, the Ministry of Commerce said in a...

China Official Gets Suspended Death Sentence for Graft

A former official with the Commerce Ministry was given a suspended death sentence for accepting bribes, including from Gome Electronics, whose former chair Huang Guangyu was recently sentenced to 14 years in prison. From AFP: A...

China’s Jan. Foreign Investment Doubles

From AP via New York Post : China attracted $11.2 billion in foreign investment in January, up 109.8 percent from the same month last year, the government said Monday. The Commerce Ministry , which reported the figure in a...

China in Closer Watch of Fuel Supply – AP

From AP via CNN.com: China has ordered increased monitoring to ensure steady fuel supplies, especially of diesel, that keeps the nation’s exports moving to global markets. The Commerce Ministry ‘s late order was made late Saturday amid a squeeze on supplies from Chinese refiners, who must pay more for imports but are restricted from raising […]

China revises inward FDI up by $12bn – Andrew Yeh and Geoff Dyer

From The Financial Times: China said on Thursday that foreign direct investment into the country last year was $12bn more than it had previously announced, reflecting the inclusion in the figures of a surge of investment into the financial sector. The Ministry of Commerce , which had reported that inward FDI was $60.3bn in 2005, […]

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