Chinese exports news stories on Newser

China's Chokehold on Rare Earths Looms Large

Kevin Spak — Wed, 15 Dec 2010 11:46:43 CST

China has the US by the throat thanks to its abundant supply of “rare earth” minerals that are needed to produce green products like compact fluorescent light bulbs, electric cars, and wind turbines, the Energy Department said in a report today. China produces 96% of the most crucial types of...

China Accuses US of Dumping Chicken, Auto Parts

Jane Yager — Mon, 14 Sep 2009 06:31:46 CDT

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, "a...

Obama Slaps Stiff Tariff on Chinese Tires

Rob Quinn — Sat, 12 Sep 2009 06:01:34 CDT

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...

China's GDP Crawls, But Worst May Be Over

Rob Quinn — Thu, 16 Apr 2009 02:10:05 CDT

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...

China's Trouble: Lots of Dollars, Little Sense

Gabriel Winant — Fri, 03 Apr 2009 12:39:21 CDT

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 that...

China-India Friction Rises Amid Downturn

Jason Farago — Fri, 20 Mar 2009 08:23:56 CDT

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...

Honey Packers Fail to Report Tainted Imports

Drew Nelles — Thu, 29 Jan 2009 14:25:01 CST

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 did...

China's Q4 Economic Growth Slows

Jim O'Neill — Thu, 22 Jan 2009 09:00:10 CST

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 baseline goal of...

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

Kevin Spak — Fri, 26 Dec 2008 12:13:01 CST

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 off this...