Final Word from Friday, December 27, 2002





If your family is anything like the typical Czech family, you found a good number of Chinese-made products under the Christmas tree, especially if you got electronics or gadgets made largely of plastic. Imports from China during the first 10 months of 2002 jumped year-on-year by 83%, to $1.45bn, and were 15 times greater than Czech exports to China. Trade with China makes up about 5% of the CR's total foreign trade but accounted for 55% of the $2.5bn deficit as of Oct. 31. Martin Hála, a Sinologist, said in Lidové noviny earlier this year that most anyone can import anything from China, with few restrictions, whereas selling to China requires special licenses and having a local partner. Czech government officials have occasionally made an effort to increase exports to China, but with few results. The skyrocketing trade deficit lends a new urgency to this.

PDF Archive

«December 2002»
SuMoTuWeThFrSa
1234567
891011121314
15161718192021
22232425262728
293031 

Choose the year

Contact

Tel: 420 224 221 580
E-mail: info@fleet.cz

Published by

E.S. Best s.r.o.
Ovenecká 78/33
170 00 Prague 7
Czech Republic

Subscribe

Unsubscribe


FS Final Word
close