Posts Tagged ‘taiwan’

Chicken fight or trade war?

February 6th, 2010

In an answer to US imposing restrictions to import of Chinese tires, China has imposed anti-dumping duties of around 100% on imports of broiler chicken from US. China is the biggest importer of chicken products from US and with this move the American companies would be hit hard. In 2008 China imported more than 500 thousand tonnes of chicken products from US alone.
This may be an indication of a trade war between the two superpowers of the world. Earlier China also questioned US on its support to Taiwan by supplying arms. US has also levied anti-dumping duties on drilling pipes, wire decking and electric blankets imported from China. China being the manufacturing hub of the world seems to be facing the toughest times of the recent financial crisis.

Rogues

Series 3: Where is China heading?

October 6th, 2009

China has attracted $853 billion FDI in last 30 years, which is the highest among the emerging nations. China’s manufacturing industry ranks 4th in the world. More than 50% of china’s fiscal revenues come from this sector. Most of the PCs and Laptops manufactured in the world are from China.

what is manufacturing?

It is value addition to the various raw materials like ores, chemicals, wood etc. Mechanical and chemical operaions like segregation, reaction and size reduction are some of the important operaitions which add value to raw materials. » Read more: Series 3: Where is China heading?