Russia’s trade with China surges to more than $107 billion

14 January, 2019, 20:25 | Author: Regina Silva
  • Donald Trump's trade war hits Chinese exports

China's global trade volume rose a year ago but its surplus with the world fell 16.2% to $351.76 billion in 2018, as imports rose 15.8% while exports gained 9.9%.

The trade gap widened because China's exports to the USA rose 11.3 percent previous year while imports from the US rose by a paltry 0.7 percent. In 2017, mutual trade amounted to $84.07 billion demonstrating a growth of 20.8 percent.

China's exports grew by 9.9 percent to $2.48 trillion, and imports increased by 15.8 percent to $2.14 trillion, he added.

China's exports have fallen to their lowest point in two years while imports are also down.

PG&E Declares Bankruptcy And CEO Resigns
PG&E's financial woes have already spread to the companies that supply its natural gas and generate electricity for its customers. Shares were trading at almost $50 before the company disclosed that a faulty transmission tower may have caused the Camp Fire .


DNA pioneer stripped of honors over ‘reprehensible’ race comments
Dr Watson became Cold Spring Harbor's director in 1968, its president in 1994 and chancellor a decade later. "Dr. Watson apologized at the time but in a recent documentary he said his views have not changed.


Patriots quarterback Tom Brady seems to think that 'everyone thinks we suck'
They even went 11-5 in 2008, when he missed nearly the entire season after suffering a first-week knee injury. The dominant performance helped New England reach its eighth straight AFC Conference Championship Game .


Washington has been clamouring for an end to the forced transfer - and even theft - of American technology and intellectual property, as well as steep government subsidies for Chinese companies. That reflects the impact of Beijing's retaliatory tariffs and encouragement to importers to buy more from non-U.S. suppliers.

Last year's trade surplus was $352 billion, the figures showed.

The Trump administration also wants Beijing to buy more American goods to narrow a yawning trade gap - a sticking point for U.S. president - and allow foreign players better access to the Chinese market.

"Private enterprises contributed more than half to China's foreign trade growth in 2018, a bright spot of China's foreign trade development", said the spokesman.

Recommended:



Popular

Gov't Shutdown Affects Food Safety Inspections
He said he hoped to bring back about 150 inspectors who had been furloughed during the shutdown, perhaps as early as next week. There are two food categories for the FDA: high-risk, such as seafood and soft cheeses; and low-risk, such as cereals.

911 call after woman in vegetative state gives birth released
In addition to her severe milk shake addiction, she's a Netflix enthusiast, a red wine drinker, and a voracious reader. Investigators issued a search warrant Tuesday seeking DNA samplesfrom male staff members at Hacienda Healthcare.

Cadillac shocks Detroit Auto Show with electric SUV preview
Cadillac also announced a new XT6 crossover and shared plans for a revised Escalade and a performance sedan. The Cadillac EV's name and additional details will be revealed closer to launch.

Ford Explorer hybrid and ST revealed
A flat-bottomed heated steering wheel embossed with an ST logo, as well as unique floor mats, are subtle ST-exclusive cues.

Cockpit voice recorder of crashed Lion Air jet found
In December 2014, an AirAsia flight from Surabaya to Singapore plunged into the sea, killing all 162 people on board. The cockpit voice recorder is one of the two so-called black boxes crucial for the investigation of a plane crash.

Elon Musk reveals assembled Starship test rocket
However, there are more than 400 open positions in various fields at different SpaceX facilities, judging by the company's. SpaceX plans to use the technology to fly tourists to space and, potentially, one day send humans to Mars.

Shadabs batting heroics in vain as South Africa clean sweep Pakistan
Pakistan started the series with 92 points but are now on 88 points, three points less than Sri Lanka. Shan and Babar were the positives (from the series)".

Chris Pratt announces engagement to Katherine Schwarzenegger
'Sweet Katherine, so happy you said yes! He posted a picture on Instagram to share their news with his fans. After several months of dating , Chris Pratt and Katherine Schwarzenegger are engaged.

Samsung Galaxy M coming to India on January 28 as Amazon exclusive
Samsung has officially confirmed its newly minted Galaxy M series is coming to India on Monday, January 28. Meant to appeal to a millennial audience, the new series of phones have been designed in India.

Iran: Cargo plane crashes with at least nine on board
Iran's air force said in a statement that the fate of the crew, including their possible 'martyrdom, ' is under investigation. Conservative news agency Tasnim said it was a military cargo plane carrying meat from the Kyrgyzstan capital of Bishkek.