- Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They - Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e - Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009
By Sarah Marsh and Noah Barkin
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German - Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who - Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an - Indigenous Leaders Call For End To Uranium Mining | 27 February 2009
- Obama, Medvedev seal nuclear arms pact | 27 March 2010
- France, China to work on global monetary reform | 28 April 2010
- GOP slams Democrats' climate bill as an energy tax | 13 June 2009
">Forum Views () ">Forum Replies ()
Read more with google mobile : China exports fall at fastest rate in 10 years
Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: China exports fall at fastest rate in 10 years By JOE McDONALD,AP Business Writer AP - Wednesday, January 14 BEIJING - China's exports fell at their fastest rate in a decade as the government said Tuesday the country's trade slump worsened again in December _ a decline that has led to masses of layoffs and growing fears of social unrest. Analysts and companies expect the pain to get worse. The global plunge in demand for Chinese goods has forced thousands of Chinese factories to close and freshly unemployed migrants to stream from coastal manufacturing regions back to their rural hometowns. Labor protests have occurred in some areas. The government is pressing companies to avoid more job cuts. December exports fell 2.8 percent from the same month a year earlier, on top of a 2.2 percent decline in November, the Chinese customs agency said. It was the biggest decline in a decade, according to economists. By contrast, at the start of 2008, January's export growth rate was 26.7 percent. Things are likely to get worse because exporters have yet to feel the full impact of the drop in demand due to the lag time between orders and shipments, said Sherman Chan, an analyst for Moody's Economy.com. "It is still difficult to identify a bottom for China's exports, as economic conditions in the U.S. and Europe remain downbeat," Chan said in a report. "Outbound shipments look set to slow further in the first quarter of 2009." China's 2008 global trade surplus rose 12.7 percent over 2007 to a record $295.5 billion, according to customs data, possibly worsening tensions with the government of U.S. President-elect Barack Obama. December's monthly surplus widened to $39 billion _ the second-biggest after November's $40.1 billion. Beijing is trying to reduce reliance on exports with a 4 trillion yuan ($586 billion) stimulus package announced in November that is aimed at boosting domestic consumption through higher spending on construction and other large projects. But the effect of that spending is not expected to be felt for several months, and success depends on persuading local companies and consumers to increase spending. The government also has cut taxes for struggling exporters of clothing, toys and other goods and promised steps to help auto and steel producers. The visiting president of the U.S. Chamber of Commerce appealed to Beijing to resist pressure to respond to the downturn by trying to block imports. "We're bringing a message here to this government: Be patient, continue to work very hard to avoid protectionism at home as we are doing in an environment where, as economies get tough and unemployment goes up, people are very inclined to figure out how to close the door," said Thomas Donohue in a speech to members of the American Chamber of Commerce in China. Adding to exporters' misery, China's yuan has risen over the past year against the U.S. dollar. That has squeezed companies that receive dollars for their goods but pay wages, rent and other expenses in yuan. "I think in 2009 the situation will be very bad," said Bian Feng, manager of Beijing Zhongyan Changxing International Trade Ltd., which exports plastic goods to the United States and Europe. He said orders have fallen sharply since October but the company hopes to avoid cutting any of its several dozen employees. "If we lay off people, who will do the work?" Bian said. "There are no really good ways to survive the winter so far." Imports also fell sharply in December, declining 21.3 percent on top of November's 17.9 percent fall, according to the customs agency. That was due partly to lower prices for oil and raw materials but also weak domestic demand for autos and other goods. Exports in December were $111.2 billion, while imports were $72.2 billion, the agency said. China's monthly trade surplus with the United States in December fell by 9.5 percent from a year earlier to $12.4 billion, but the total 2008 surplus with the U.S. rose 4.6 percent to $170.8 billion. The monthly trade surplus with the 27-nation European Union, China's largest trading partner, fell 1.6 percent from a year earlier to $11.7 billion, while the full-year 2008 surplus was up 19.4 percent at $160.2 billion. Reflecting the trade slowdown, the central bank reported Tuesday that China's foreign reserves grew by only $45 billion in the three months ending Dec. 31. That was down from the $377 billion increase reported for the first three quarters of the year _ or an average of more than $125 billion per quarter. The growth in reserves, which stood at $1.95 trillion on Dec. 31, is driven by the central bank's need to drain money from the economy to keep the flood of export revenues from adding to pressure for prices to rise. But the urgency of reducing China's money supply has eased as trade weakened. ___ On the Net: General Administration of Customs (in Chinese): http://www.customs.gov.cn People's Bank of China (in Chinese): http://www.pbc.gov.cn ___ Associated Press Writer Henry Sanderson and researcher Bonnie Cao in Beijing contributed to this report. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy Oil finishes higher on Bernanke commentsAP - 51 minutes ago Stocks fluctuate on anxiety over corporate profitsAP - 2 hours 38 minutes ago Bernanke: Obama stimulus would lift economyAP - Wednesday, January 14 China exports fall at fastest rate in 10 yearsAP - Wednesday, January 14 Related Articles: Business Ecuador will resume payment on some bond debtAP - 23 minutes ago US-BUSINESS SummaryReuters - 32 minutes ago Conoco may take fourth-quarter writedown for Lukoil: analystsReuters - 33 minutes ago Conoco may take Q4 writedown for Lukoil--analystsReuters - 40 minutes ago Argentine inflation at lowest level since 2004AP - 45 minutes ago Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Britain's Prince Harry apologises for racist language Abbas blasts Israeli 'annihilation' in Gaza Kate Winslet wins Golden Globe supporting actress Britain's Prince William trains as search-and-rescue pilot Swiss bank set to announce record loss: report View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular
Other News on Wednesday, 14 January 2009
Israeli forces squeeze Gaza city
Pentagon: 61 ex-Guantanamo inmates return to terrorism | International |
Hundreds flee for lives as Israel pounds Gaza by land and air
US-TECH Summary
Mexico's Calderon leaves door open to NAFTA discussions | International |
Europe gas halted as Russia-Ukraine deal falters
Tito Jackson Sued By Brooklyn Woman Claiming To Be His Daughter
Iraq official: Biden affirms 'responsible' pullout
Yahoo to name Bartz as new CEO: report
Ukraine leader accuses Russia of 'blackmail' over crisis
LRA rebels in Congo turned more deadly by offensive | International |
Forrester sees drop in IT spending in 2009, first since 2002
Despite Gaza toll, Israeli media focus on Israel
Europe gas halted as Russia-Ukraine deal falters
Somali pirates release Turkish ship: company source | International |
China defends Internet policies against Amnesty charges
US trade deficit drops 27% on plunging global trade
New audit of Iraq's rebuilding has a familiar ring
Abbas blasts Israeli 'annihilation' in Gaza
U.S. helps Africa's armies talk to each other | International |
Netanyahu: Hamas must be toppled
No flying cars at this year's Detroit auto show
Israeli envoy plans 'decisive' talks in Egypt
China has close to 300 million Internet users: survey
Hamas leaves door open to Gaza truce deal with Israel
Chu warmly received at Senate confirmation hearing
Yahoo to name Bartz as new CEO: report | Technology |
Clinton promises 'smart power' under Obama
Former Osama bin Laden courier goes on trial
Clinton faces questions on her husband's charity
NKorea: US must alter 'hostile' policy
Dalai Lama invited to receive Rome honour
US, Mexico pledge cooperation on drugs
Parents of sick kids reject China's payout plan
U.S. Braces For Arctic Temps, Blizzard-Like Conditions
State Dept: Israeli PM flat wrong on Rice
NKorea releases Japanese drug smuggler: state media
U.S. Trade Deficit Falls As Americans Buy Less
Clinton to seek 'cooperative engagement' with Russia
Clinton vows 'aggressive effort' against NKorea proliferation
Florida Lawmaker Kendrick Meek To Run For U.S. Senate In 2010
10 suspected Islamic militants tried in Indonesia
IRS Warns About Email Scams, Asks Public To Report Fraud
Sony shock again? Slump may mean operating loss
Sen. Hillary Clinton Being Grilled By Committee On Her Appointment As Secretary Of State
No suggestion of recklessness in sailor’s death: coroner
Body Of Annapolis, MD Man Found Floating In Harbor At Sailing Club Identified
Sri Lankan jets pound rebel positions in the north
Bush Bestows Congressional Gold Medal On Ex-British, Australian PMs, Colombian President
Sony shock again? Slump may mean operating loss
China exports fall at fastest rate in 10 years
China's population of Net users hits 298 million
Warner makes Bollywood debut with kung fu comedy | Entertainment |
Fox says not planning massive TV network layoffs | Entertainment |
Howie Mandel released from Toronto hospital | Entertainment |
Publicist: Hargitay has partially collapsed lung
`Class,' `Bashir' make Oscars' foreign short list
US-ENTERTAINMENT Summary
Warner makes Bollywood debut with kung fu comedy
Evocative and real, 'Notorious' is a B.I.G. winner
'Waltz with Bashir' among Oscars foreign film hopefuls
Czech artist admits deception in EU art exhibit
Geoffrey Rush and Susan Sarandon come to Broadway
`Prison Break' to wrap after 4 seasons
Howie Mandel released from Toronto hospital
Senator: Missing American in secret prison in Iran
Israeli forces squeeze Gaza | International |
Iraqi voting rules raise concern about challenges
Autodesk exec Carol Bartz named CEO
U.S. says Iran still a malign influence in Iraq | International |
Italy rabbis pull out of dialogue, accuse Pope | International |
Study sees no eye cancer risk from mobile phones
IBM makes MRI scans 100 million times better
Latvian anti-government protest turns into riot | International |
Study sees no eye cancer risk from mobile phones
Former Japan Cabinet minister quits ruling party
Obama scrambles on Geithner and bailout concerns
Australia offers up 'best job': lounge in paradise
US military deaths in Afghanistan region at 566
Pentagon says 61 ex-Guantanamo inmates return to terrorism
Study sees no eye cancer risk from mobile phones | Technology |
Hillary Clinton Vows To Sound Alarm On Darfur If Sworn In As U.S. Sec Of State
Wall Street Ends Mixed On Choppy Trading
Foul Play Still Suspect In Deadly Kansas House Fire
Seoul shares open lower; caution before earnings
Weak US consumer confidence 'biggest concern:' Toyota
24s Jack Bauer gets conflicted on torture | Entertainment |
Leonard Cohen to play first U.S. show in 15 years | Entertainment |
Waltz in foreign Oscar running | Entertainment |
China Hits 298 Million Internet Users
Salsa star Blades donates recordings to Harvard
Capsule reviews of `Notorious' and other films
Is it a bird? Is it a plane? No, it's skycar
Review: `Defiance' a muted telling of great story
Football leads Fox to prime-time ratings win
Video games expected to evolve in 2009
Stone meets Bolivia's Morales for interview, coca
Leonard Cohen to play first U.S. show in 15 years
Filing: Polanski does not seek return to US
Publicist: Affleck, Garner name daughter Seraphina
New York Doctor Demands $1.5 Million From Ex-Wife For Kidney
Rocket attack on northern Israel from Lebanon
3 rockets fired from Lebanon fall on Israel
Fear and threats as Ethiopian troops quit Mogadishu | International |
EU keeps up pressure after Russia-Ukraine gas deal falters
NATO supply route in SW Pakistan reopens after blockade: police
China Internet users soar to 298 million
Italy rabbis pull out of dialogue, accuse Pope | International |
Global rush for 'best job in world' crashes Australian website
US mission in Afghanistan tougher than Iraq
US Senate, House launch YouTube channels
Autodesk exec Carol Bartz named CEO
Pakistan torn over how to handle Taliban: experts
Iraq joins nations banning chemical weapons
Report: Aborigines to suffer from climate change
Uphill battle for Chavez in Venezuela vote: polls | International |
Russia's neighbors feel pain of slowdown | International |
Calderon says Mexico can address U.S. trade concerns | International |
RPT-UPDATE 3-Asian Development Bank in cash call to boost loans
Chinese children snatched for sale by biker gang | International |
Irish PM leads trade mission to Japan
Bush unaware if bin Laden was close to being captured
Oil higher in Asia on OPEC chief's comments
RPT-GLOBAL MARKETS-Asian shares recover, but confidence lags
Chavez: OPEC could further reduce output
Authorities: Missing pilot in custody in Florida
Singapore's UOL makes bid for UIC, Singapore Land
Sri Lanka buries 41 unclaimed Tiger bodies
WWII bomb seriously injures Japanese: officials
Former BART Officer Accused Of New Year Shooting Arrested
Car hire company bills family after sons crushed by glacier
Dad Faces Charges Of Selling Underage Daughter Into Marriage, Groom For Rape
Report: Aborigines to suffer from climate change
Hunt Launched For Wanted Man Who Crashed Plane To Fake Death, Escape Lawsuits
Washington Court Rules Sex Between Teacher, 18-Year-Old Student Is Legal
Japanese businessman committed second murder: LA police
Judge Convicts Teen For Mom's Murder Over Video Game
Activist held after protest outside Shanghai meeting: rights groups
Google hopes to take on Microsoft using resellers | Technology |
New York Knicks Center Hit With Sexual Harrassment Charges
New Yahoo CEO lacks Web and deal-making chops | Technology |
Directors Approve Citigroup, Morgan Stanley Joint Venture
Japan shares gain on bargain-hunting
China Internet users soar to 298 million | Technology |
China's next export: Starbucks coffee
GM, Chrysler to skip Tokyo Motor Show: reports
Macau gaming heir looks to Taiwan
China chemical plant project moved after protests
Intel Capital invests $23 million in India
China's newest export: Starbucks coffee
S.Korea posts first monthly job loss in 5 yrs
Seoul shares end up 1.3 pct; motors, banks advance
Relatives angry at Indonesian search efforts
Yuan settlement trial confirmed for Shanghai: state media
Search for Indonesian ferry survivors fruitless
WALL-E and Man on Wire critics' top picks | Entertainment |
Hollywood actors remain in limbo on strike vote
Ozzy Osbourne family to return to TV-- reloaded | Entertainment |
Actors union meeting ends with no date for strike vote
Brendan Fraser joins Harrison Ford in drama | Entertainment |
Emmanuelle Chriqui joins Russian roulette thriller | Entertainment |
Jackie Chan circles Karate Kid remake | Entertainment |
Hollywood actors remain in limbo on strike vote | Entertainment |
Warner eyes cuts, Watchmen talks proceed | Entertainment |
Old World-New World women winemakers meet
Most accessible US inauguration won't be for many
"WALL-E" and "Man on Wire" critics' top picks
Brendan Fraser joins Harrison Ford in drama
Jordan home sales up amid property recession fears
Emmanuelle Chriqui joins Russian roulette thriller
Japan-flavored Taiwan film gets China release date
Can Obama make Washington the capital of cool?
`WALL-E,' `Man on Wire' top Golden Tomato Awards
Maman-minister: France debates politics and motherhood
California Dad Barters Daughter For $16,000, Food; Police Gets Her Back After Groom Fails To Pay
Investor Fakes Plane Crash, Disappears On Motorbike To Escape Lawsuits
'Halo 3' Addict Guilty Of Killing Mom, Shooting Dad
Bin Laden urges jihad against Israel
EU premiers plead for gas | International |
German economy shrinks 1.5-2.0% in fourth quarter
Indonesia probes ferry disaster as families join search | International |
Michelle Obama, set to be much more than 'mom-in-chief'
Pakistanis reopen Afghan force supply route | International |
Senate panel considers Obama's EPA pick
Saudi Sept 11 suspect tortured in Guantanamo: report
Taiwan arrests presidential office employee
Man Utd heading to Asia for pre-season tour
NKorea to crack down on markets to stem imports
Swiss sweep as Federer, Wawrinka win at Kooyong tennis
China revises figures, 'becomes world's number three economy'
Taiwan justice minister defends mocking Chen skit
Top separatist leader arrested in Indian Kashmir
China quake parents want answers to ruined schools
Obama's Hope, Optimism Campaign Battle Cry Being Used By Merchandisers
18 illegal immigrants flee Indonesian detention
Biden To Return From Final Congressional Trip Wednesday
China: Labradors sniff for drugs after planes land
Financial Adviser Who Allegedly Faked Plane Crash Arrested In Florida
Obama To Name Campaign Adviser As Federal Communications Commission Chair
HK stock index gains 0.3 percent; HSBC off 4.1 pct
British bank RBS says has sold Bank of China stake
Economic recovery still far off, says Invesco
South Korea's jobless rate rises in December
Pakistan's 6-mth T-bill cut-off yield at 14.0108 pct
China shares rebound on rise in lending
Toyota managers voluntarily buy cars to lift sales
China raises '07 growth, passing Germany
For kids in Slumdog slum, life is not as upbeat | Entertainment |
China cuts gasoline, diesel prices
No. 2 Taiwan shipper to add terminal at top island port
Cute canines run amok in Hotel for Dogs | Entertainment |
Taylor Swift to guest star on CSI | Entertainment |
Obama Expected To Announce Tech Adviser As FCC Chair
British women more worried about weight than cancer: poll
John Woo says his Chinese epic is transnational
Abdul declares loyalty to `Idol,' denies criticism
Taylor Swift to guest star on "CSI"
Cute canines run amok in "Hotel for Dogs"
Tape shows irrelevance of Bin Laden: White House
India army says Pakistan deployed troops on border | International |
Europe's .eu Internet domain marks three millionth address
Israel stops Iranian aid ship heading to Gaza
Technology alone 'won't assure youth safety on Internet'
US retail sales plunge shock 2.7% in December
Osama Bin Laden calls for jihad over Gaza
Demand for "best job in the world" crashes website
Absence, silence stir speculation on Castro health | International |
Internet threat to minors overblown, study suggests
IBM wins most U.S. patents in 2008
Japanese gang member released from NKorea
Internet threat to minors overblown, study suggests | Technology |
Singaporean terror suspect in Indonesia says ready to face consequences
Demand for best job in the world crashes website | Technology |
U.S. arrests wealth manager accused of faking death
Mobile download of movies and games available soon
North East CDC increases economic assistance from S$1.4m to S$3m
IBM wins most U.S. patents in 2008 | Technology |
Indian army chief confirms Pakistan troop movements
Afghan minister: Old customs impede women's rights
Tennessee Grappling With Desire To Cut State Sales Tax On Groceries Amid $1B Deficit
Sri Lanka says it has seized northern peninsula
Boston Mayor Proposes One-Year Salary Freeze For City Workers
Register of Family Physicians may be set up to raise standards of care
U.S., Other Recessions Forecast To Cause Cuts In Technology Spending
Al Franken Asks Minnesota Supreme Court To Force Officials To Issue Election Certificate
Report: There Are 3.4 Million Stalking Victims In The U.S. Yearly
Second Round Of Deep Job Cuts At Largest North American Heavy-Duty Truck Engine Manufacturer
Budget Shortfalls Might Force 2 New York City Hospitals To Close By February
Incoming Treasury Sec. Tim Geithner Asked About Taxes, Housekeeper's Work Status
powered by
Custom Search
Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
Wednesday, 14 January 2009 - China exports fall at fastest rate in 10 years