News
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China’s manufacturing PMI up to 50.1 in Nov, back in expansion
The official purchasing managers index for China’s manufacturing sector increased to 50.1 in November from 49.2 in October, marking a four-month high and indicating accelerated activities in the sector, the National Bureau of Statistics said on Tuesday. The PMI has returned into the expansi...Read more -
China-Russia trade in goods hit record high in first 10 months
A staff member works at the Yongqing compressor station of the Changling-Yongqing section of the China-Russia east-route natural gas pipeline in Yongqing county, North China’s Hebei province, Dec 3, 2020. Trade between China and Russia saw robust growth this year, with bilateral trade in go...Read more -
EU announces intention to apply anti-dumping duties
On 16th November the European Commission published to interested parties its General Final Disclosure Document for the AD676 case on imports of certain iron or steel fasteners in the People’s Republic of China. Fastener + Fixing Magazine has been sent the document, from an unnamed source, ...Read more -
South Africa Makes Final Determination to Impose Taxes on Imported Iron or Steel Hexagon Bolts
International Trade Administration Commission of South Africa (ITAC, representing SACU members including Namibia, South Africa, Lesotho, Eswatini and Botswana) has made the final determination to impose taxes on imported bolts with hexagon heads of iron or steel for a period of 3 years. The prod...Read more -
China’s industrial output up 3.5 pct in October
China’s industrial production continued to expand in October, with the high-tech manufacturing sector posting strong performance, official data showed on Nov.15. China’s value-added industrial output, an important economic indicator, went up 3.5 percent year on year in October, puttin...Read more -
China’s factory gate prices rise in October
China’s factory prices continued to pick up in October due to the combined impact of international factors and the tight domestic supply of key energy and raw materials, official data showed Wednesday. The producer price index (PPI), which measures costs for goods at the factory gate, went ...Read more -
7th China Fastener Show（Online）
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Economic Watch: China’s industrial profits sustain sound growth in first three quarters
Profits of China’s major industrial firms maintained sound growth momentum in the first three quarters of the year as industrial production continued to recover and business operations kept improving, official data showed on Wednesday. Industrial firms with annual business revenues of at le...Read more -
China’s economy grows 9.8% in Jan-Sept
China’s GDP grew by 9.8 percent year-on-year in the first three quarters of the year to 82.31 trillion yuan ($12.79 trillion), compared with 12.7 percent in the first half, the National Bureau of Statistics said on Monday. In the third quarter, China’s economic growth came in at 4.9 p...Read more -
China releases 150,000 tonnes of national metal reserves
China’s state reserves authority on Saturday released a total of 150,000 tonnes of copper, aluminum and zinc from the national reserves to alleviate the burden on businesses over rising costs of raw materials. The National Food and Strategic Reserves Administration said it would step up the...Read more -
Global manufacturing expands in September with slower pace: report
Growth in the global manufacturing sector slowed for four straight months in September as the resurgence of COVID-19 and rising raw material prices weighed on the recovery, according to an industry report. The global manufacturing purchasing managers’ index (PMI) dropped by 0.1 percentage p...Read more -
2021 China Fastener Show (online) Sep 22-29,2021
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