China Economic ReviewFavorable government policies and a growing urban population are encouraging overseas companies to invest in China’s US$120 billion market for water and sewage treatment services. The sector has drawn interest from the world’s top water firm Veolia Environnement, number two player Suez of France and Singapore’s SembCorp Industries, among others. Hong Kong companies like NWS […]
The US Commerce Department ruled that Chinese TV makers were dumping on the US market, a decision that could result in import duties of between 28 and 46 percent being slapped on TV sets made in China. Importers from China will have to post cash deposits or bonds pending announcement of final anti-dumping duties in […]
The Chinese government imposed anti-dumping penalties on companies importing toluene diisocyanate from Japan, South Korea and the US. Importers of the chemical from these countries will have to pay an anti-dumping tax ranging from 3 percent to 49 percent, according to the decision announced by the Ministry of Commerce. Toluene diisocyanate, or TDI, is used […]
The National Bureau of Statistics (NBS) announced that it will launch a national economic census in 2004 to improve its data collection and by extension, its national economic statistics. Officials at the NBS said that the changes in sampling of economic data could end up affecting more than 40 years of GDP numbers.
China's fixed asset investment, a main indicator of government investment in infrastructure and in manufacturing, slowed in October. Government statistics showed the number of projects begun during the month dropped by 17.8 percent from September. October's fixed asset investment stood at RMB 395.4 billion (US$47.6 billion), 22.6 percent higher than the same month last year […]