imports

    • Germany Greens urge higher EU fees on Chinese imports

      Germany Greens urge higher EU fees on Chinese imports

      The German Greens chancellor candidate Annalena Baerbock urged on Sunday EU to increase import tariffs on Chinese imports. The higher barriers should prevent price dumping and poor environmental standards, Reuters reported. "We have to uphold standards when there is dumping in other world regions," Greens candidate Annalena Baerbock said.

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    • China bids for a cheap flexible yuan

      China bids for a cheap flexible yuan

      Central bank of China announced it had imposed new measures to tighten control over the yuan, AP reported. The main concerns of the central Chinese bankers were link to the increased currency rate in combination with the lack of flexibility of the yuan. The commercial lenders operating in China were ordered to hold more of their foreign currency as reserves in the central bank to limit sales after the yuan hit a four-year high of 6.3674 to the US dollar.

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    • Chinese exports rise by 30.6% in March

      Chinese exports rise by 30.6% in March

      Despite the pandemic, the ongoing economic crisis and punitive tariffs, China's exports rose by 30.6% in March compared to the same period last year, marking further strong growth for the country's foreign trade. Customs data released Tuesday also indicated an unexpectedly strong showing for imports, which grew by 38.1%.

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    • US LNG imports to EU on steep rise

      US LNG imports to EU on steep rise

      Exports of liquefied natural gas exports from the US to the EU have risen by 272% for a year, a High-Level Business-to-Business Energy Forum hosted by both side revealed. Since the first cargo in April 2016, LNG exports have been increasing substantially and have seen a steep rise after President Trump and President Juncker's meeting in July 2018. As a result, March 2019 recorded the highest volume ever of EU-US trade in LNG with more than 1.4 billion cubic metres.

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