China Briefing News

China’s Exploding Wine Consumption

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U.S., Chile, Australia as well as old world wines all generating increasing market shares as China develops new tastes Op-Ed Commentary: Chris Devonshire-Ellis May 21 – China is a country that continues to surprise, even 20 years after I first established my business there. Back in 1992, drinking coffee was limited to the few hotels […]

China’s Economic Figures for Q1 2012

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Apr. 16 – Last week, the Chinese government released figures concerning the country’s economy, finances and foreign trade for the first quarter of 2012. The statistics show a drop in year-on-year (yoy) GDP growth from 8.9 percent to 8.1 percent. 2012 Q1 economic indexes GDP: RMB10.8 trillion (yoy growth of 8.1 percent) Industrial value-added growth: […]

China Revises Categorization of Imported Goods and Tariff Rates

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China’s General Administration of Customs issued the newly-revised “Table of Categorization for the Imported Articles of the PRC” on Wednesday, March 28. The revised categorization will be effective from April 15, 2012.

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