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Zheng Yuesheng

Type: Person

Name: Zheng Yuesheng

Title: Director General, Office of Legal Affairs - Customs General Administration (China)

First reported 11 hours ago - Updated 11 hours ago - 1 reports

China Tightens Trade-Document Scrutiny After Fake-Export Reports

China’s foreign-exchange regulator told banks to improve checks of customer documents related to special trade zones amid speculation that the areas have been exploited to disguise capital inflows as exports.Banks shouldn’t provide cross-border payment ... [Published Bloomberg - 11 hours ago]

Entities: China, Zoning, Bank of America Corp, Zheng Yuesheng, State Administration of Foreign Exchange

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Bank of America Corp

China’s trade surplus inflated nine times: BofA

Actual surplus much smaller than official figure reported for first four months, says bank17 min 55 sec agoBEIJING — China’s trade surplus is less than one-tenth of the official US$61 billion (S$77 billion) reported for the first four months of the year ... [Published Today Online - May 21 2013]

Entities: Trade Surplus, Bank of America Corp, China

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Royal Bank of Scotland Group PLC

China’s Import Data Doubted by Nomura

China’s “surprisingly strong” import growth in the first four months may have been inflated by fake invoices as companies circumvented capital controls to move funds into China, according to Nomura Holdings Inc.A 28 percent slump in the value of import ... [Published Bloomberg - May 21 2013]

Entities: China, Hong Kong, Royal Bank of Scotland Group PLC, Kevin Hamlin

First reported May 10 2013 - Updated May 10 2013 - 1 reports

China’s Import Data Doubted by Nomura as Tariff Revenue Slumps

China’s "surprisingly strong" import growth in the first four months may have been inflated by fake invoices as companies circumvented capital controls to move funds into China, according to Nomura Holdings Inc.A 28 percent slump in the value of import ... [Published BusinessWeek - May 10 2013]

Entities: China, Kevin Hamlin, Hong Kong

First reported May 08 2013 - Updated May 09 2013 - 1 reports

Trade data shocks market

Customs data Wednesday revealed that China's export and import growth expanded in April from a year earlier, beating economists' expectations and offering a positive sign that the economic recovery is gaining traction in China.The better-than-expected ... [Published Global Times - May 08 2013]

Entities: Hong Kong, China, May Li, Zheng Yuesheng, Yao Wei

First reported May 08 2013 - Updated May 09 2013 - 2 reports

ANZ Banking Group Ltd

Chorus of skeptics says fake reports behind inflated Chinese export gains

China’s export growth unexpectedly accelerated in April even as shipments to the U.S. and Europe fell, spurring Bank of America Corp. and Mizuho Securities Co. analysts to say the figures were inflated by fake reports. The 14.7% increase, reported by ... [Published Financial Post - Top Stories - May 08 2013]

Entities: Hong Kong, China, ANZ Banking Group Ltd, Fake, Bank of America Corp

First reported May 06 2013 - Updated May 06 2013 - 2 reports

State Administration of Foreign Exchange

SAFE to eye closely flow of trade funds

CHINA'S currency regulator will boost scrutiny of cross-border capital flows by importers and exporters to stop speculative funds from entering the country disguised as trade payments. The State Administration of Foreign Exchange will send out warning ... [Published Shanghai Daily - May 06 2013]

Entities: Zheng Yuesheng, Fake, State Administration of Foreign Exchange, China Merchants Bank Co Ltd

First reported May 05 2013 - Updated May 05 2013 - 2 reports

Chinese Growth - Real Or Imagined?

We toyed with titling this post "Lies, Damned Lies, And Chinese Statistics" but perhaps that is a little harsh, though one glance at the chart below and one instantly comprehends the efforts that are being undertaken to 'show' the world that China's transition ... [Published Zero Hedge - May 05 2013]

Entities: China, Hong Kong, Divergence, Eric Fishwick

First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

China Customs probe export figures discrepancies

BEIJING, Apr 18 (GCTL) - spokesman Zheng Yuesheng dismissed suspicions that the country is faking its export figures after stark differences appeared between export volume and value figures which did not even remotely track with low import levels posted ... [Published GCTL8.com - Apr 17 2013]

Entities: China, Zheng Yuesheng, Hong Kong

First reported Apr 16 2013 - Updated Apr 16 2013 - 1 reports

1Q imported milk powder up 23.7% in CN - Zheng Yuesheng

2013-04-10 11:09 Email Print New Window Size In response to the recent restrictions on the imports and exports of milk powder, Zheng Yuesheng, spokesman for the General Administration of Customs said that consumers should make reasonable spending, especially ... [Published Aastocks.com - Apr 16 2013]

Entities: Milk Powder, Zheng Yuesheng, Food Safety

First reported Apr 16 2013 - Updated Apr 16 2013 - 1 reports

Export anomaly can be explained

China Customs spokesman Zheng Yuesheng dismissed suspicions that the country is faking its export figures after stark differences appeared between export volume and value figures which did not even remotely track with low import levels.AdvertCHINA CUSTOMS ... [Published Turkish Maritime - Apr 16 2013]

Entities: Hong Kong, China, Zheng Yuesheng

First reported Apr 12 2013 - Updated Apr 13 2013 - 1 reports

Customs spokesman apologizes for investment remarks

BEIJING, April 12 (Xinhua) -- A customs authority spokesman has apologized for remarks regarding the approval of investment projects worth 7 trillion yuan (1.1 trillion U.S. dollars) at a press conference on Wednesday.In a statement posted on the General ... [Published Xinhua News Agency - Apr 12 2013]

Entities: Zheng Yuesheng, National Development and Reform Commission, Construction

Quotes

...export growth figures questioned by economists from Goldman Sachs Group Inc to Nomura Holdings Inc The practice of false trade declarations "does exist, but is definitely not mainstream" Zheng Yuesheng, a customs administration spokesman, said last month after analysts highlighted discrepancies between Chinese mainland and Hong Kong trade...

SAFE to eye closely flow of trade funds [Published Shanghai Daily - May 06 2013]

More Content

sort by: Date \| Relevance
China Tightens Trade-Document Scrutiny After Fa... [Published Bloomberg - 11 hours ago]
China’s trade surplus inflated nine times: BofA [Published Today Online - May 21 2013]
China’s Import Data Doubted by Nomura [Published Bloomberg - May 21 2013]
China Trade Surplus Seen by BofA at One-Tenth O... [Published Bloomberg - May 21 2013]
China’s Import Data Doubted by Nomura as Tariff... [Published BusinessWeek - May 10 2013]
Trade data shocks market [Published Global Times - May 08 2013]
Chorus of skeptics says fake reports behind inf... [Published Financial Post - Top Stories - May 08 2013]
China Unexpected Export Gains Spur Renewed Data... [Published Bloomberg - May 08 2013]
SAFE to eye closely flow of trade funds [Published Shanghai Daily - May 06 2013]
China Regulator Intensifies Scrutiny of Export ... [Published La Repubblica - May 06 2013]
Chinese Growth - Real Or Imagined? [Published Zero Hedge - May 05 2013]
Chinese Growth - Real Or Imagined? [Published Zero Hedge - May 05 2013]
Dairy producers must reforge their identity [Published Global Times - Apr 27 2013]
China's first-quarter economic figures are in l... [Published Beijing Review - Apr 22 2013]
China Customs probe export figures discrepancies [Published GCTL8.com - Apr 17 2013]
1Q imported milk powder up 23.7% in CN - Zheng ... [Published Aastocks.com - Apr 16 2013]
Export anomaly can be explained [Published Turkish Maritime - Apr 16 2013]
Customs spokesman apologizes for investment rem... [Published Xinhua News Agency - Apr 12 2013]
China exports miss forecasts as ‘absurd’ data p... [Published Financial Post - Top Stories - Apr 10 2013]
Shippers Tell Different Story on Chinese Export... [Published MaritimeSecurity.Asia - Jan 24 2013]
China exports pick up as measure of credit surg... [Published Taipei Times Online - Jan 10 2013]

Blogs

sort by: Date \| Relevance
Chinese Growth - Real Or Imagined? [Published Zero Hedge - May 05 2013] We toyed with titling this post "Lies, Damned Lies, And Chinese Statistics" but perhaps that is a little harsh, though one glance at the chart below and one instantly comprehends the efforts that are being undertaken to 'show' the world that China's transition ...
Chinese Growth - Real Or Imagined? [Published Zero Hedge - May 05 2013] We toyed with titling this post "Lies, Damned Lies, And Chinese Statistics" but perhaps that is a little harsh, though one glance at the chart below and one instantly comprehends the efforts that are being undertaken to 'show' the world that China's ...
Shippers Tell Different Story on Chinese Export... [Published MaritimeSecurity.Asia - Jan 24 2013] OOCL container loading on a vessel, via OOCL SHANGHAI–Many in the shipping industry see a sluggish year ahead for Chinese exports, a cornerstone of the world’s No. 2 economy, despite other indications of growing demand for China’s products. Some ...