Trade News

Daimler Recalls More than 3,000 Vehicles in China Dec 24, 2008

German automaker Daimler AG is recalling about 3,108 Viano and Vito vehicles in China. The recall, issued Monday, is for problems with the air bag, brake system and spare wheels, said the country's quality watchdog here on Tuesday. In a filing to the General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ), the automaker s...

China Urges Outbound Workers to Pick Employers Carefully Dec 24, 2008

The Ministry of Commerce on Tuesday urged workers headed for jobs overseas to select employers with care amid the global financial and economic crisis. The crisis has affected some foreign employers' ability to pay, and overseas workers often become the victims, said an official. Workers should carefully verify prospective employers' information, sa...

China Doesn't Subsidize Export of Famous Brands Dec 24, 2008

China doesn't subsidize the export of famous brands, an official responsible for the selection of famous brands said Tuesday. Every country encourages its enterprises to produce better goods, improve product quality and raise brand value, and that's why China has famous brand selection, said Hui Boyang, deputy director of the quality management depar...

Kazakhstan to cut oil export duty to $139.79Dec 23, 2008

Kazakhstan to cut oil export duty to $139.79 from $203,8 per ton, Gudok writes with reference to Interfax. A corresponding document On introduction of amendments and additions to the Decree of Kazakhstan Government N1036 dated October 15, 2005 was officially published  on Saturday. The document comes into effect after 30 calendar days from its of...

China requests WTO probe into U.S. anti-dumping measures Dec 23, 2008

China on Monday asked the World Trade Organization (WTO) to establish an expert panel to investigate U.S. anti-dumping and countervailing duties on Chinese products which may violate WTO trade rules. The U.S. measures at issue "appear to raise a number of WTO concerns," and China "is deeply concerned" about the compatibility of these measures with U.S...

Sino-African trade to top 100 billion USD in 2008 Dec 23, 2008

According to the press release Ministry of Commerce of China on Dec. 21, China and Africa will achieve the goal of 100 billion USD of bilateral trade this year, two years ahead of the schedule, after nine years of at least 30 percent of growth annually since 2000 when the bilateral trade topped 10 billion USD. From January to October 2008, the trade b...

Experts advise on beefing up cross-Straits two-way investment Dec 23, 2008

Experts from across the Taiwan Straits on Sunday discussed boosting cross-Straits mutual investment and gave their advice on mainland companies investing in Taiwan. Cross-Straits investment has been one-way, from Taiwan to the mainland in the past 20-strong years due to restrictions from Taiwan, Li Fei, deputy director with the Taiwan Studies Center o...

Mainland expects enterprises to invest in Taiwan Dec 23, 2008

The Chinese mainland expected its enterprises to be able to make investment in Taiwan as soon as possible, said a senior central government official Saturday. Addressing the 4th Cross-Straits Economic, Trade and Cultural Forum opening here on Saturday, Zhang Xiaoqiang, vice minister in charge of the National Development and Reform Commission (NDRC), s...

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Qingdao Saint Voyage Log

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