The US has filed a fourth WTO complaint against China over import restrictions on copyright-protected products, having failed to resolve the dispute through bilateral discussions, AFP reported. The complaint, which alleges that Beijing unfairly blocks films, music and books from entering the country, is now set to be heard by a WTO dispute resolution panel. […]
Category: Economics & Trade
Chinese telecom equipment maker Huawei and US private equity group Bain Capital have reached an agreement to jointly acquire US telecoms device maker 3Com for US$2.2 billion, Economic Observer reported (in Chinese). Huawei will have a minority stake of 16.5% in the company, which is currently loss-making, and become a commercial and strategic partner. Jonathan […]
Hong Kong's H-share index of mainland-incorporated companies jumped 5.1% on Thursday to pass the 19,000-point level for the first time, the South China Morning Post reported. The H-share push, which was attributed to strong fund inflows from the mainland, was instrumental in the Hang Seng Index (HSI) gaining 1.97% to close at a new record […]
[photopress:real_estate_Shenzhen_explosion.jpg,full,alignright]It matters not whether the idea of melding Hong Kong and Shenzhen ever comes to pass. The fact is that it is a most important entry point to China and real estate prices have only one direction to travel. Now groups of people in the city are gathering together to buy property. These groups range […]
[photopress:hotels_lake_view_hotel_Nanchang.jpg,full,alignright]China World Trade will be in charge of the hotel renovation work of Lakeview Hotel Nanchang, Jiangxi Province, a four-star hotel on Huxin Island. It was opened in 1996 with 302 guest rooms and suites. The hotel will reopen before October 2008. China World Trade will also provide consultancy services to Lakeview Hotel through its […]