Trade News

China slaps anti-dumping measure on caprolactam importsJan 25, 2011

BEIJING - Chinese importers of European Union and United States caprolactam will have to put down a security deposit from Tuesday, the Ministry of Commerce (MOC) said Monday. A preliminary ruling said caprolactam from the EU and the US had been dumped in China, the ministry said in a statement on its website. The dumping caused substantial damage to Chi...

Nation 'unlikely' to reduce export rebatesJan 25, 2011

Official from MOFCOM said cuts won't be considered in 1st half of 2011 BEIJING - China expects to maintain the stability of its export-related policy, and it is "highly unlikely" that the country will reduce export rebates for highly polluting and energy-intensive industries "during the first half", said a senior Ministry of Commerce (MOFCOM) official. ...

New Zealand, Britain sign trade accordJan 24, 2011

Visiting British Foreign Secretary William Hague signed a trade agreement with his New Zealand counterpart Murray McCully in Auckland on Friday. Signed at Eden Park, the scene of the 2011 rugby World Cup final, the Host2Host agreement aimed to maximise business opportunities from that event, and the 2012 London Olympics. After the signing, Hague said th...

China levies anti-dumping tariff on scannersJan 24, 2011

China has levied an anti-dumping tariff on X-ray security scanners made by European companies, Bloomberg reported, citing an announcement on the website of the Ministry of Commerce. China will impose a tax ranging from 33.5 percent to 71.8 percent on such imports for the next five years, effective Jan 23, according to the ministry's website. The mini...

Investors bet on tighter policy controlsJan 24, 2011

Borrowing costs expected to rise as economy surges faster than expected BEIJING - China's faster-than-estimated economic growth has raised investors' speculation that the monetary authority will boost borrowing costs. Their tightening concerns dragged the Shanghai Composite Index down 2.7 percent last week. Friday's 1.4 percent rebound saved the ga...

Indonesia expects more investment from ChinaJan 24, 2011

JAKARTA - Indonesia hopes for increasing investment from China in 2011, as the number in 2010 was in line with expectation, an official said in Jakarta on Sunday. Head of Investment Coordinating Board Gita Wirjawan told reporters that following the implementation of ASEAN-China Free Trade Agreement (ACFTA) in Jan 1, 2010, China has invested $173 million ...

Mauritius, Turkey conclude negotiations on free tradeJan 24, 2011

Mauritius and Turkey this week concluded the fifth round of negotiations on a free trade accord, the Indian Ocean island country' Foreign Ministry said on Friday. The terms of the accord signed by the two countries provide that Turkey will levy preferential tariffs and unlimited access to all industrial products manufactured in Mauritius. The preferent...

World of Concrete trade show ends with more exhibitors from ChinaJan 24, 2011

The four-day World of Concrete trade show ended Friday in Las Vegas with more exhibitors from China with new technology and products showcased from the world. Sany Group from China attracted many attendees with a huge showroom and live demonstration of its products. It claims to be the world's largest manufacturer of concrete pumps. It has several office...

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Qingdao Saint Voyage Log

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