Monthly Archives: October 2014

China FTZ model ‘will expand nationwide’

  The business model behind the pioneering China (Shanghai) Pilot Free Trade Zone should now be copied at other suitable sites across the country where conditions are right, according to President Xi Jinping. Addressing a meeting of top decision-makers, the … Continue reading

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Trans-Pacific Partnership can build on success of US-Singapore FTA

The Partnership is a proposed regional free-trade agreement between 12 countries responsible for about 40 per cent of the world’s GDP and 26 per cent of its trade. It has been 10 years since the US-Singapore Free Trade Agreement (FTA) … Continue reading

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Thai shipments see return to growth in September

Thai shipments in September bounced back to positive growth for the first time after declining for two months, easing fears of export contraction during the whole year, according to the Commerce Ministry’s report. September exports grew 3.19 per cent to … Continue reading

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Indonesia new minister aims to triple exports in 5 years

Rachmat Gobel — a successful businessman who chairs the Gobel Group of companies with operations ranging from manufacturing, trading, services and integrated logistics management — takes over the helm at the Trade Ministry at a difficult time. Indonesia is struggling … Continue reading

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Singapore’s exports up marginally in September

Non-oil domestic exports (NODX) in Singapore rose slightly by 0.9 per cent on-year in September, due to an increase in non-electronic exports which outweighed the decline in electronic exports. The rise in NODX comes after a 6 per cent expansion … Continue reading

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Cross-border yuan settlement growing rapidly

Currency now second most used for China’s intlpayments after dollar, central bank official says The use of the yuan in cross-border trade and investment has grown rapidly in the past five years, according to Hu Xiaolian, deputy governor of the … Continue reading

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China’s GDP in Q3 grows 7.3%

China’s GDP in the third quarter grew 7.3 percent over a year earlier, according to National Bureau of Statistics data released on Tuesday, hitting the slowest level in the past five and a half year. The expansion rate is the … Continue reading

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