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 | | China joins hands with ASEAN
For a long time, China relied on the EU and the U.S. as its major trading partners. In 2009, the trade value between China and these two giants accounted for 16.5% and 13.5% of China’s total foreign trade, respectively. However, the global financial crisis, which broke out in 2008, caused demand from the EU and the U.S. to stagnate and shocked China’s export-oriented economy. ...Details |
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Business News
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Yue Yuen Industrial's revenue hits US$391.83 mln in Feb
Hong Kong-listed Yue Yuen Industrial (Holdings) Ltd<0551>, the world's largest contract footwear manufacturer, yesterday announced that its operating revenue in February grew 5.6% to US$391.83 million, whereas its operating revenue was US$371 million in the same month of 2009, sources reported....Details
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Our Analyst
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Grace Tian researches for China Knowledge Consulting. The firm provides corporate services, financial advisory, marketing strategy and recruitment to foreign businesses seeking business opportunities in China. Opinions expressed are their own.
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