UK exports remain at record high

The International Trade Secretary Dr Liam Fox comments on the latest ONS trade figures.

UK exports remain at record high

There’s good news for the UK as the latest trade figures show demand for British goods and services is higher than ever with exports at record high of £620 billion in the year to May 2018. In data released by the British Office for National Statistics (ONS) on Tuesday, 10 July, UK exports to the […]

Int’l Trade Center unveils Market Price Information portal

The International Trade Centre (ITC) said Tuesday that it has launched the Market Price Information portal, an online database giving access to live updates and prices for more than 100 agriculture products. The portal was launched with a view to improve transparency in trade and help improve the decision-making processes for micro, small and medium-sized […]

After Davis, British Foreign Secretary Johnson also announced his resignation

Source from the British Prime Minister’s Office said that British Foreign Secretary Boris Johnson resigned. In response, British Prime Minister Theresa May thanked Johnson for his work. Earlier, the British Brexit Minister David Davis resigned because of dissatisfaction with Prime Minister Teresa May’s Brexit plan “too weak” and his deputy Steve Baker also resigned. Teresa […]

Over 9,000 trips made via China-Europe trains

China-Europe freight trains have made over 9,000 trips by the end of June, the China Railway Corporation (CRC) said Monday. Since the services began in 2011, the trains have delivered 800,000 twenty-foot equivalent units (TEUs) of goods, connecting 48 Chinese cities with 42 European cities, according to CRC. For more than 7 years, the services […]

China optimizes freight train service to Budapest

A direct freight train service connecting east China’s port city of Xiamen and Budapest, Hungary, started Monday. At about 10 a.m., a train with 41 containers of electric products, clothes, shoes and construction materials left Haicang station in Xiamen, marking the first trip of the new route, said Zhao Liqiang, chief of the station. Xiamen […]

Li Keqiang arrived in Germany for intergovernmental consultations, official visit

Li Keqiang arrived in Germany for intergovernmental consultations, official visit

Chinese Premier Li Keqiang arrived in Berlin on Sunday for the fifth round of China-Germany intergovernmental consultations and an official visit to the European country. The trip marks Li’s fourth visit to Germany as Chinese premier, and the intergovernmental conference will be the first of its kind since the two countries’ new cabinets took office […]

BMW, China’s Brilliance extend contract term

BMW, China’s Brilliance extend contract term

German car maker BMW Group and its Chinese partner Brilliance Auto have agreed to extend the term of their joint venture contract to 2028. The contract extension will lay a solid foundation for BMW’s further development in China, Friedrich Eichiner, chief financial officer and group board member, said in Beijing on Wednesday. The group also […]

OECD revise up British economic growth

The Organization for Economic Cooperation and Development (OECD) on Tuesday sharply upgraded its growth forecast for Britain in 2013 and 2014, while revising down global economic growth estimates by a big margin. In its latest Economic Outlook report, the OECD said the British economy would grow by 1.4 percent this year and 2.4 percent in […]

Chinese state councilor, German FM discuss ties

Chinese State Councilor Yang Jiechi discussed bilateral ties and cooperation with German Foreign Minister Guido Westerwelle by phone Monday. It followed a phone hook-up between China’s new Premier Li Keqiang and his German counterpart Angela Merkel on Friday, which Yang said indicated the importance the leadership of the two countries attached to further development of […]

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