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Commerce ministry says American firms benefit from governmentt subsidies BEIJING: China said on Wednesday it will levy anti-subsidy duties of up to 31.4 percent on some US chicken products that have received US government subsidies. This is the first time that China has imposed duties on imports of agricultural goods on the grounds of alleged subsidies....
GUANGZHOU - Guangdong is introducing legislation to combat rampant smuggling in the southern province, which reports more than half of the country's smuggling cases each year. Last year, the province uncovered more than 7,800 smuggling cases involving about 7.7 billion yuan ($1.1 billion). The new anti-smuggling regulation, the country's first at the ...
BRUSSELS: The European Commission on Tuesday launched an expiry review to decide whether to extend the 15-year-old anti-dumping measures against imports of furfuraldehyde from China. "Having determined that sufficient evidence exists to justify the initiation of an expiry review, the commission hereby initiates a review," the European Union (EU)'s execut...
NANJING: East China's Jiangsu province and Vietnam signed a memorandum on economic and trade cooperation at a China-Vietnam economic cooperation forum here Tuesday. According to the memorandum, Jiangsu and Vietnam will cooperate in investment, finance, tourism, industry and trade. Visiting Vietnamese Prime Minister Nguyen Tan Dung told the forum China ...
LONDON -- The richest people in Britain have seen a record boom in wealth over the past year, according to a report by The Sunday Times. The fortunes of super-rich have soared by 30 percent even though much of British is struggling to recover from recession and the near-collapse of the banking system, the report said. It is the largest rise in wealth sinc...
Market for upscale products continues to grow in China SHANGHAI - Manufacturers of luxury fashion and accessory brands are lining up to increase their products' presence in Shanghai to coincide with the opening of Expo 2010, as China's huge consumer market continues to become a magnet for luxury European brands. Shanghai is experiencing a big increase...
GUANGZHOU - Guangdong is introducing legislation to combat rampant smuggling in the southern province, which reports more than half of the country's smuggling cases each year. Last year, the province uncovered more than 7,800 smuggling cases involving about 7.7 billion yuan ($1.1 billion). The new anti-smuggling regulation, the country's first at the ...
BEIJING: China's Ministry of Commerce Tuesday made a cautious prediction for the outlook of the nation's foreign trade for the rest of the year amid the fragile global economic recovery. The rebound of China's overseas shipments in the first quarter can largely be attributed to the low comparison base of the same period last year, the commerce ministry...
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