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voda
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‘Chinese webgigant AliExpress in strijd met Europese regels’

De Chinese webwinkelgigant AliExpress hanteert verkoopvoorwaarden die in strijd zijn met Europese consumentenregels. Dat stelt de Consumentenbond, die wil dat de Nederlandse toezichthouder Autoriteit Consument & Markt (ACM) optreedt.

Binnenlandredactie 17-05-19, 03:05 Laatste update: 06:19

De Consumentenbond geeft aan dat in de voorwaarden van AliExpress staat dat een koper zich bij problemen met een leverancier moet wenden tot een arbitrage-instituut in Hongkong. Volgens Europese wetgeving moeten consumenten in eigen land naar de rechter kunnen stappen.

Ook staat het Chinese platform niet toe dat klanten een product binnen 14 dagen terug sturen zonder opgaaf van reden. Ook dit is in strijd met Europese regels, aldus de Consumentenbond, die er daarnaast op wijst dat AliExpress geen duidelijke informatie geeft over de wettelijke garantietermijn.

De Consumentenbond trekt op met vijf Europese consumentenorganisaties die bij hun nationale toezichthouder aan de bel trekken. ,,Als Alibaba op de Europese markt wil handelen, moet het de hier geldende regels respecteren’’, zegt directeur Sandra Molenaar van de Consumentenbond. ,,We vragen de ACM dringend om naar de kwestie te kijken, en samen met andere Europese toezichthouders actie te ondernemen.’’

www.ad.nl/binnenland/chinese-webgigan...
Bio-marker
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China not interested in trade talks with US for now: State media
The Communist Party's People's Daily described China’s determination to protect its national interests and dignity as being as “firm as a boulder”.


BEIJING (BLOOMBERG, REUTERS) - China may have no interest in continuing trade negotiations with the United States now, as it sees little "sincerity" in US President Donald Trump's recent approach, according to commentaries run by state media outlets on Friday (May 17).

If the US doesn't make any new moves that truly show sincerity, then it is meaningless for its officials to come to China and have trade talks, according to Taoran Notes, a WeChat blog run by state-owned Economic Daily.

The article was later carried by state-run Xinhua news agency and the People's Daily, the Communist Party's mouthpiece.


The US has been talking about wanting to continue the negotiations, but in the meantime, it has been playing "little tricks to disrupt the atmosphere", it wrote, citing Mr Trump's steps this week to curb Chinese telecom giant Huawei Technologies.

"We can't see the US has any substantial sincerity in pushing forward the talks. Rather, it is expanding extreme pressure," the blog wrote.

"If the US ignores the will of the Chinese people, then it probably won't get an effective response from the Chinese side," it added.

The blog reiterated tariff removal, achievable purchase plans and a balanced agreement text as China's three main concerns, which were first revealed by Vice-Premier Liu He.

Chinese president Xi Jinping delivers a speech during the opening ceremony of the Conference on Dialogue of Asian Civilizations at the National Convention Center in Beijing, on May 15, 2019.
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They mark the official stance as much as the will of the Chinese public, it wrote.

"In addition, if anyone thinks the Chinese side is just bluffing, that will be the most significant misjudgment since (Korean War)," it said.


The Communist Party’s People’s Daily also wrote in a front page commentary that the trade war with the US will only make China stronger and will never bring the country to its knees.

In a stridently nationalistic commentary, the ruling party’s official newspaper described China’s determination to protect its national interests and dignity as being as “firm as a boulder”.

“The trade war can’t bring China down. It will only harden us to grow stronger,” it said. “What kind of storms have not been seen, what bumps have not experienced for China, with its more than 5,000 years of civilisation? In the face of hurricanes, the nearly 1.4 billion Chinese people have confidence and stamina.”

China’s confidence comes from the spirit of its people’s perseverance and endless struggle, it added, citing major disasters like floods, Sars and 2008’s massive Sichuan earthquake.

"From the Opium War to the Sino-Japanese War to the War of Resistance Against Japanese Aggression and the War to Resist US Aggression and Aid Korea - disaster and misery have come one after the other, tempering the Chinese people, pushing Chinese society to forge ahead in setbacks and move forward in adversity.”

US Treasury Secretary Steven Mnuchin said this week that American officials "most likely will go to Beijing at some point" in near future to continue trade talks, before later saying he has "no plans yet to go to China".
voda
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China verwijt VS desinteresse voor gesprekken

Gepubliceerd op 17 mei 2019 om 10:36 | Views: 3.235

PEKING (AFN/RTR/BLOOMBERG) - De Verenigde Staten lijken niet oprecht te zijn in hun toenadering tot China voor hervatting van handelsgesprekken. Dat verwijt weerklinkt in Chinese staatsmedia. Die fungeren doorgaans als spreekbuis voor de beleidsmakers in Peking.

Als er geen échte beweging komt dan is het zinloos voor Amerikaanse onderhandelaren om op het vliegtuig naar China te stappen om verder te praten, zo valt te lezen in het commentaar. Het ministerie van Handel zou overigens ook nog geen aanwijzingen hebben dat de Amerikanen daadwerkelijk van plan zijn naar China af te reizen.

Als de gesprekken worden gepauzeerd dan is de volgende mogelijkheid om te praten een G20-bijeenkomst in Japan volgende maand, waar de presidenten Donald Trump en Xi Jinping allebei acte de présence geven. Een vorige ontmoeting in december verliep goed, maar de onderhandelingen liepen daarna toch weer spaak.
voda
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Stainless steel production in China in April up 12% YoY

SMM reported that production of stainless steel in China edged up 0.03% from March to stand at 2.34 million tonnes in April 2019, up 12.08% YoY. With a southern mill transferred part of its 300-series capacity to produce 200-series products, output of 300-series stainless steel declined 4.7% to 1.17 million tonnes last month, while that of 200-series rose 7.98% to 810,200 tonnes. Production of 400-series inched down 0.41% to 362,000 tonnes.

Stainless steel production is expected to expand to 2.39 million tonnes in May, with output of 300-series extending its declines, down 2.53% to 1.14 million tonnes as the mill continues to cut its 300-series output and turn to 200-series. In May, output of 200-series stainless steel is expected to grow 5.9% to 858,000 tonnes and that of 400-series is estimated to gain 8.56% to 393,000 tonnes.

Source : SMM
voda
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China deepens the deindustrialization of Latin America

During 2018, Chinese exports of indirect steel trade to Latin America grew by 17%, reaching an impressive USD 47,468 million. The volume of steel in products that came from the Asian giant increased 12% compared to the previous year, close to 6.8 million tonne. Mr Máximo Vedoya, President of Alacero said that “China is a problem because of all the subsidies its industry receives. It generated a loss of employment and industrial development in other parts of the world where local industry can not compete. The world has sought to defend itself from the global overcapacity caused by China and countries have imposed measures to mitigate the effects of this unfair trade. But, Latin America is delayed in this process.”

Brazil and Mexico are the main consumers of indirect steel from China and represent 56% of the total consumed by the region. Mexico, despite the low import of finished steel from China, was the main indirect trade market with USD 16,210 million, a growth of 25% compared to 2017. Brazil had a growth of 37.6% in value spended, reaching USD 10,590 million.

Chinese exports to Latin America of products included in the indirect steel trade reached 6.8 million tonne in 2018. Among the products that arrived in the region, cars and commercial vehicles contributed 1.2 million tonne, reaching the most significant participation in terms of dollars (USD 9,098 million), 19% of the total.

The second most relevant category (in terms of value in dollars) was Office Machines of which Latin America received 42 thousand tonnes from China at a value of USD 6,564 million. The Machines and Equipment followed reaching the value of USD 5.763 million (532 thousand tonnes).

Finished steel and derivatives trade advances between China and Latin America

In 2018, Latin American domestic consumption suffered serious consequences derived from the uncertainties caused by trade wars and global protectionist measures. The exchange of finished steel and derivatives between China and Latin America continues to grow, but in very different proportions. Total exports of Chinese steel to Latin America, including finished products (long steel, flat steel and seamless pipes) and derivatives (wire and welded pipes), reached 7.3 million tonne, 4% more than in 2017 (7 , 0 million tonne).

In 2016, the region had 7% of China’s exports in the World, but now it reaches 11%. Latin America assumed the 2nd place of greatest destination of Chinese exports of finished steel. Mr Vedoya said that “As some parts of the world reacted against China’s unfair trade, the Asian giant went to other regions and Latin America remained the preferred one. That leads to our deindustrialization.”

The exchange of finished steel and derivatives between China and Latin America continues to grow, but in very different proportions. Total exports of Chinese steel to Latin America, including finished products (long steels, flat and non-consturated pipes) and derivatives (seamless wire and pipes), reached 7.3 million tonne, 4% more than in 2017 (7, 0million tonne ).

The main destinations of finished steel and products derived from China to Latin America were Chile, which received 1.5 million tonne (21% of the regional total), Central America (1.2 million tonne, 17%) and Peru (1.1 million tonne, 15 %). While Brazil was the fourth destination of these steel in the region with 1.0 million tonne and had a growth of 20% in imports. Followed by Colombia with 784 thousand tonnes, Ecuador with 535 thousand and Mexico with 502 thousand.

Flat products concentrated 72% of the total of finished and derivative steel from China to Latin America (5.2 million tonne), increasing its volume 10% versus 2017 (4.7 million tonne). The long products received from China reached a volume of 1.1 million tonne, 15% of the total and 11% less than in 2017 (1.2 million tonne).

The seamless pipes reached 278 thousand tonnes, while the derived products received by the region reached 688 thousand tonnes, fall of 9% according to the same comparison.

Imports represent 35% of the region’s consumption. Of these imports, 28% are due to China, an increase of 6.5% in the representativeness of Chinese imports in apparent consumption of Latin American.

The current anti-dumping cases show that there is a reaction in Latin America towards China’s Unfair Trade. Although the mechanism does not seem to be sufficient or effective against the paths of unfair competition that both China and other economies triangulate to Latin America.

Currently there are 65 anti-dumping steel cases in force in Latin America, of which 65% are against China (42 cases). Mexico and Brazil are the countries that most accuse China: of the 42 cases in force, 17 are from Mexico and 15 from Brazil, both represent 76% of China’s total cases in Latin America. Alacero discloses data on China-Latin America Foreign Trade with alarming figures.

Source : Strategic Research Institute
voda
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China’s iron ore hits record high on brisk demand, stimulus hopes - Trader

Reuters reported that China’s benchmark iron ore futures jumped to a record high on Thursday, rising along with the rest of the country’s ferrous complex on robust demand for the steelmaking feedstock amid falling stocks. Expectations that steel demand in the world’s top consumer will also remain strong buoyed prices of construction-used rebar and hot-rolled coil. Surprisingly weaker growth in Chinese retail sales and industrial output for April added to pressure on Beijing to roll out more stimulus measures, sparking hopes of more investments in infrastructure that could further boost steel demand. The most-traded September 2019 iron ore on the Dalian Commodity Exchange surged as much as 5.5% to CNY 685 a tonne, the contract’s highest since 2013, before closing 4.8% higher at CNY 680.5.

A Shanghai-based trader said that “It’s because of some seasonal demand, which is quite strong, with some impact from the supply side.” Steel mills were replenishing their iron ore stocks as healthy profit margins encouraged them to boost output, the trader said.

The trader said that “Profit margin is still good because we (also) have some restrictions on the production side for environmental protection. This situation will last maybe until autumn, or the third quarter of this year.”

China’s crude steel production rose 12.7% in April from March to its highest monthly level on record, official data showed on Wednesday, bolstered by firm demand and good profitability.

Source : Reuters
voda
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China April power consumption up by 5.8% YoY

Reuters quoted data from the National Energy Administration showed that China's power consumption in April rose 5.8% from a year earlier to 553.4 billion kilowatt hours. For the Jan to April period, the country consumed a total of 2.23 trillion kilowatt hours of power, up 5.6% from the previous year.

Source : Reuters
voda
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China's ramping up of tariffs on US LNG means nothing, everything - Russell

Reuters reported that China's decision to hike import duties on US LNG is a move that means very little for the market in the short term, but it has the potential to deliver outsized consequences the longer the levies remain in place. As part of its latest round of retaliatory tariffs on US imports, Beijing increased the duty on LNG shipments from 10 percent to 25 percent. This will make it even more uneconomic for Chinese buyers to purchase LNG cargoes from the United States. The 10 percent tariff put in place last year has already devastated the trade, with China's imports of the fuel dropping sharply.

According to vessel-tracking data compiled by Refintiv, China imported 25 US LNG cargoes in the first half of 2018, and this slipped to just eight in the second half. This year, a mere three cargoes have been delivered, one each in January, February and March, and no more are currently scheduled to arrive in the coming months. This means in practical terms that raising China's import duty will have little impact on global LNG flows. But there are certain to be longer-term consequences from the fastest-growing LNG market effectively locking out the world's fastest-growing supplier.

Much of the new LNG coming on stream this year and next is based in the United States, as companies rush to take advantage of the plentiful and cheap supplies of natural gas delivered by the nation's shale boom.

It's also worth noting that the United States is the dominant player in the next wave of LNG projects being planned around the world.

Currently, the United States has 64.2 million tonnes of annual LNG capacity under construction, the bulk of which will hit the market this year and next. Together with Canada, it also has a further 164.2 million tonnes in capacity for which the final investment decisions are due by the end of next year.

The market expectation is that China will overtake Japan as the world's largest LNG importer sometime in the next decade, even though its annual rate of growth will moderate from the breakneck pace of more than 40 percent for the past two years.

Meanwhile, this means China will become the most important single player in the LNG buyers' market, just as it already is for several other commodities, such as iron ore, copper, crude oil and coal.

Source : Reuters
voda
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'Chipbedrijven stoppen levering aan Huawei'

Gepubliceerd op 20 mei 2019 om 09:14 | Views: 2.912

SANTA CLARA (AFN/BLOOMBERG) - De Amerikaanse chipbedrijven Qualcomm, Broadcom en Intel staken hun leveringen aan Huawei. Ook het Duitse Infineon schort zijn verzendingen op. Dat melden ingewijden tegen persbureau Bloomberg en zakenblad Nikkei Asian Review.

De maatregelen volgen op de nieuwe, strengere Amerikaanse regels tegen Huawei die zijn ingesteld vanwege verdenkingen van spionage. Het Chinese bedrijf staat sinds kort op een zwarte lijst in de Verenigde Staten. Amerikaanse bedrijven die zaken doen met Huawei staan daardoor onder een strenger toezicht van het Amerikaanse ministerie van Economische Zaken.

Intel, Qualcomm, Broadcom en ook het kleinere Xilinx zouden tot nader order geen chips meer leveren aan Huawei. Het Duitse Infineon meldde dat al eerder. Het concern zou net als zijn Amerikaanse branchegenoten het risico lopen om juridisch vervolgd te worden omdat zijn chips ook uit Amerikaanse onderdelen bestaan.

Google besloot eerder ook om de toegang van Huawei tot het besturingssysteem Android te beperken vanwege de mogelijke sancties.
voda
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Trump Trade War - Could cut China growth by 1% - Report

The South China Morning Post, citing a senior official of China's ruling Communist Party, reported on Friday that the trade dispute with the U.S. could reduce China's growth pace this year by as much as 1 percentage point. The paper said Wang Yang, a member of the Communist Party's seven-person Standing Committee, told a delegation of Taiwanese business people whose firms are based in China that the worst-case scenario from the trade war was a 1% point drop in GDP growth this year.

Source : South China Morning Post
voda
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China sets renewable power quotas for 2019 and 2020

Reuters reported that China set mandatory renewable power quotas for each of its region for 2019 and 2020, the National Energy Administration said in an attempt to promote the use of clean energy in the country. It said that local grid companies will have to purchase a certain volume of electricity from renewable energy generators.

The targets, setting as a portion of renewable energy use in total energy mix, vary from 10% in eastern province of Shandong to as high as 88% in southwestern province of Sichuan in 2019 based on their energy structure.

The draft plan was launched in November.

NEA statement said that apart from checks from local authorities, central government will also deploy inspectors to monitor the implementation of the policy.

Source : Reuters
voda
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China's caps capacity at coal mines at risk for ‘bumps’ - Safety Administration

Reuters citing, China’s National Coal Mine Safety Administration, as saying that it has set a production cap of 8 million tonnes of coal a year for each mine deemed to be at risk from so-called “bumps”. As part of the measure to improve safety, capacity expansion on such mines will also be banned once they are in operation.

The announcement follows a coal mine accident in the eastern province of Shandong last October in which 21 people died. Coal mining safety in China remains poor, with several deadly accidents every year, despite frequent inspections and support from Beijing to improve conditions. Bumps occur when rock and coal erupt from the side of a mine shaft or tunnel under pressure from overhead rock.

According to official data, China has 400 million tonnes a year in coal mining capacity at risk for bumps, accounting for more than 10 percent of the country’s total 3.53 billion tonnes of coal capacity.

Meanwhile, nearly two-thirds of the mines at risk for bumps are located in regions with lean coal resources, making them key to ensuring sufficient coal supply in those areas.

Source : Reuters
voda
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China's longest coal rail route construction finishes

Xinhua reported that China's longest coal transport route, Menghua railway, has completed track laying on its Inner Mongolia-Shaanxi section. With a total length of 418 km, the section was started in March 2018, linking the city of Ordos in north China's Inner Mongolia Autonomous Region with Yichuan County, northwest China's Shaanxi Province. Workers overcame a complicated construction environment to lay the tracks across the Maowusu desert and the Wuding River, an anabranch of the Yellow River.

Cai Hongbin from Xinyun Engineering Co. Ltd. of China Railway First Group, the constructor, said that T-girders, each weighing 300 tonnes, were used in construction for heavy haul railways.

Source : Xinhua
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China imports of aluminium scrap fall 29%

SMM reported that China imported 126,000 tonne of aluminium scrap in March, down 51,000 tonne or 28.83% from a year ago. According to data from China Customs, this brought imports in January to March to 184,000 tonne, down 40.16% from the same period last year. Imports via general trade in March dropped 42.56% from a year earlier to 73,900 tonne, while imports via processing trade rose 7.09% year on year to 51,900 tonne.

Prices of US zorba held stable at USD 1,210 to USD 1,250 per tonne on a cif basis, while prices of European materials fell below USD 1,200 per tonne on a Hong Kong cif basis.

Import restriction on Category Six aluminium scrap under HS code 760200090 will begin from July 1. SMM learned from the Secondary Metal Association that companies are now able to apply for permits for importing aluminium scrap and that it is not very difficult for processors to renew their import permits. Imports of aluminium scrap are set to fall, but the size of the decline remains unforeseeable.

Source : Metal.com
voda
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China allocates 2nd batch of 2019 oil product export quotas, raises YTD total 5% - Platts

According to documents seen by S&P Global Platts, China’s Ministry of Commerce has allocated the long-awaited second batch of oil product export quotas under the general trade route for 2019, totaling 23.79 million metric tonne, to five state-owned oil companies. The new quotas have brought the total oil product export quotas allocated under both the processing and general trade routes to 45.29 million metric tonne so far this year, up 5.3% from 43 million metric tonne in the same period last year.

However, the year-to-date quota volume for 2019 accounts for 98.3% of the total actual exports of gasoline, gasoil and jet fuel of 46.08 million metric tonne in 2018.

In the second round, Beijing has allocated export quotas for 9.09 million metric tonne of gasoline, 9.175 million metric tonne of gasoil and 5.525 million metric tonne of jet fuel under the general trade route to the country’s five state-owned oil companies — CNPC, Sinopec, CNOOC, Sinochem and China National Aviation Fuel.

The total quota volume in the second batch of 23.79 million mt, was slightly lower than the 28.39 million mt expected by industry sources since early May. The second batch of export quotas under the processing trade route is likely to be issued soon.

Beijing controls exports by oil companies via quotas. It was not immediately clear when the government will release the third round of export quotas under the general trade route. In 2018, the third round was allocated on October 26.

In Q1 2019, the country exported 13.98 million metric tonne of the three key oil products, up 21% YoY.

Source : Platts
voda
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China: zullen vechten tegen pesten door VS

Gepubliceerd op 20 mei 2019 om 21:01 | Views: 2.184

PEKING (AFN/BLOOMBERG) - China kan terugslaan naar de Verenigde Staten nu dat land het Chinese technologie- en telecombedrijf Huawei op een zwarte lijst heeft geplaatst. Daar heeft de Chinese ambassadeur bij de Europese Unie voor gewaarschuwd. Zhang Ming noemde het gedrag van president Donald Trump "afpersing" en "pesten".

Volgens Zhang misbruiken de VS handelsregels om Huawei "op de knieën te krijgen". "Dit is verkeerd gedrag, dus komt er een noodzakelijk antwoord", liet Zhang weten. "De legitieme rechten en belangen van Chinese bedrijven worden geschaad. China zal dit niet zomaar over zijn kant laten gaan."

De maatregelen van de VS komen nu de onderhandelingen met China over een handelsakkoord lijken te zijn vastgelopen. Trump koos daarbij voor escalatie door de importheffingen op 200 miljard dollar aan Chinese producten te verhogen. Volgens Zhang was het niet de eerste keer dat de VS de "positieve ontwikkelingen" in de handelsgesprekken om zeep hielpen.
haas
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WASHINGTON (AFN/RTR/BLOOMBERG) - De Amerikaanse regering is van plan sancties op te leggen aan meerdere Chinese beveiligingsbedrijven, waaronder de grote producent van bewakingscamera's Hikvision. Dat meldden ingewijden bij het Witte Huis. Door de bedrijven op een zwarte lijst te zetten kunnen die geen Amerikaanse technologie meer kopen, net als onlangs met het Chinese technologie- en telecomconcern Huawei werd gedaan.

Op de beurs in het Chinese Shenzhen schrokken beleggers van de berichten uit de Verenigde Staten. Het aandeel Hikvision kelderde 5,7 procent en Dahua ging 6 procent in waarde onderuit. Met de nieuwe sancties tegen Chinese beveiligingsbedrijven zouden de VS hun handelsstrijd met Peking nog verder opvoeren.
haas
0
quote:

haas schreef op 22 mei 2019 om 10:03:


WASHINGTON (AFN/RTR/BLOOMBERG) - De Amerikaanse regering is van plan sancties op te leggen aan meerdere Chinese beveiligingsbedrijven, waaronder de grote producent van bewakingscamera's Hikvision. Dat meldden ingewijden bij het Witte Huis. Door de bedrijven op een zwarte lijst te zetten kunnen die geen Amerikaanse technologie meer kopen, net als onlangs met het Chinese technologie- en telecomconcern Huawei werd gedaan.

Op de beurs in het Chinese Shenzhen schrokken beleggers van de berichten uit de Verenigde Staten. Het aandeel Hikvision kelderde 5,7 procent en Dahua ging 6 procent in waarde onderuit. Met de nieuwe sancties tegen Chinese beveiligingsbedrijven zouden de VS hun handelsstrijd met Peking nog verder opvoeren.


www.mediamarkt.nl/nl/product/_huawei-...
hirshi
0
Het is duidelijk dat China een machtig wapen heeft om terug te slaan. In de handelsoorlog tussen de VS en China gaat alle aandacht nu uit naar importheffingen maar er staat veel meer op het spel als het conflict escaleert.

China heeft verreweg de meeste mijnen van zeldzame metalen en andere bijzondere grondstoffen in handen. Die zijn onmisbaar voor bijvoorbeeld de elektronica- industrie. Schattingen lopen uiteen van 84 procent volgens de Amerikaanse geologische dienst tot aan negentig procent. Australië kan slechts een klein deel leveren.

Met beperkingen, verhoging van de prijzen of zelfs een boycot zou China de productie van windmolens, elektrische auto's, nieuwe generaties batterijen en defensietoepassingen als straalmotoren, satellieten en stuursystemen voor raketten kunnen beïnvloeden of zelfs volledig lam kunnen leggen.

Dat zal niet snel gebeuren, maar het is zonder meer een groot risico.

www.globaltimes.cn/content/1150281.shtml
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