介绍:
China's foreign trade grow in first eight months
China's foreign trade volume has grown by 0.6 percent through the first eight months of this year, reaching close to 2.8-trillion U.S. dollars.
Customs data shows exports through August from China gained over 9-percent year on year to 208 billion U.S. dollars.
This has led to a monthly trade surplus hitting an all-time high of almost 50 billion dollars.
That's up nearly 29-percent compared to August of last year.
At the same time, imports into China through last month declined just over 1-percent to 1.3 trillion dollars.
China's corruption crackdown hits moon-cake sales
Sales of mooncakes in the southern Chinese province of Guangdong have reportedly plummeted amid the massive anti-graft campaign.
Sales in the city of Wuchuan, which is a major mooncake production center in Guangdong, are reportedly down 50-percent compared to last year.
Mooncakes are a traditional gift in China during mid-Autumn festival.
However, cakes containing precious stones or stuffed with cash have been used as a way to bribe government officials.
China drops anti-dumping measures on imported rubber
Chinese authorities have waived their five-year anti-dumping duties on rubber imported from Russia, Japan and South Korea.
Under the now-cancelled duties, rubber importers had to pay duties of close to 40 percent on rubber products imported from these three countries.
The Chinese Ministry of Commerce says it hasn't recieved any petition from Chinese rubber manufacturers to extend the duties.
The anti-dumping measures were first imposed in 2009.
QA with Mike Bastin on Alibaba's IPO
Anchor:
After a one-week delay, Alibaba is to start its IPO roadshow this week.
The company is reportedly going to go public on the New York Stock Exchange next week.
Last Friday, Alibaba disclosed its initial public offering price range for the first time, which has been set between 60 and 66 US dollars per share.
Alibaba is going to offer a total of 320 million shares, making the IPO potentially worth around 20 billion dollars.
This would make it the largest IPO in US history, exceeding the 18-billion-dollar initial public offering by Visa in 2008.
For more on Alibaba's IPO, CRI's Shane Bigham spoke earlier with Mike Bastin, Visiting Professor at China's University of International Business and Economics.
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Mike Bastin, Visiting Professor at China's University of International Business and Economics, speaking with CRI's Shane Bigham.
Chang'an Ford recalls Focus vehicles
The joint venture between Ford and China's Chang'an are set to recall tens-of-thousands of their Ford Focus models due to potential fuel leak problems.
Nearly 200-thousand vehicles manufactured between 2009 and 2012 are to be part of the recall.
Chinese authorities have determined the refueling hoses on the affected vehicles may crack due to the use of substandard materials.
This could cause fuel leaks in extreme cases.
Chang'an Ford is going to replace the flawed parts for free.
Sterling skids to 10-month low on Scotland worries
The Pound Sterling has weakened to its lowest level in nearly ten months amid the political uncertainty in Scotland.
The latest opinion poll shows the supporters of Scottish independence outstrip those in the "no" campaign for the first time since the referendum campaign began.
The British Pound has fallen nearly 1 percent in value to around 1.6 to the US dollar.
Against the euro, the pound has hit its lowest level in nearly three weeks.
Banking experts are warning the British Pound could come under further pressure ahead of the September 18th referendum on Scottish independence, especially since the US dollar remains firm.
Greek economy to grow in third quarter: PM
A new survey released in Greece is suggesting there is still wide-spread pessimism about the overall status of that country's economy.
A new poll has found that 8 out of 10 in the country are still bearish about the fortunes of Greece, despite an announcement by the government that it expects to emerge from recession this quarter and for the full-year.
Just under half of those polled in Greece also say they're expecting their own personal economic fortunes to get worse in the near-term.
Athens is forecasting growth of 0.6 percent for the full year, after some 6-years of recession.
Greek Prime Minister Antonis Samaras.
"In the next months Greece will receive for the first time an official guarantee that its debt is viable. Despite the fact that the debt remains high, it has started to decrease for the first time in absolute numbers."
Greece's economy is on the rebound for the first time since its debt crisis began in 2010, when the country began a cycle of borrowing from the European Union and International Monetary Fund.
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