China has become the world's number one target of anti-dumping and protectionist campaigns, People's Daily said. Since 1979, a total of 33 countries have initiated 544 investigations and taken action against 4,000 Chinese export products. In 2001, 17 countries filed a total of 67 cases against companies in China, 55 for allegedly dumping products at […]
Category: Law & Regulation
The State Economic and Trade Commission said in its forecast of trends for 2003 that it expected China would produce around 3.6m cars this year, 3.4 per cent more than the 3.38m produced in 2002. The commission's statement said that the sector had witnessed 'blind over-expansion', with a number of regions racing to enter the […]
China opens tobacco market
China will open its tobacco market to foreign firms at the beginning of 2003 by abolishing the special retail licence for foreign cigarettes and cutting import taxes, Xinhua reported Xu Dan, director of the State Tobacco Monopoly Administration, as saying. Import duties on foreign cigarettes would be reduced to 25 per cent from 65 per […]
Lego wins copying case
Lego, the Danish maker of the famous children's building blocks, has won a case against a Chinese company it had accused of copying its products, Dow Jones reported. The Beijing High People's Court ruled that Coko Toy Co of Tianjin must stop making the copies, turn over the equipment used to make them, make a […]
Bid to raise more funds
China has taken a significant step towards opening its securities market to foreign capital. However, overseas investors are unlikely to rush into the market, according to Yue Tang of Jun He law firm in Beijing. Last November, the Chinese Securities Regulation Committee (CSRC) and the People's Bank of China jointly enacted the Administrative Measures on […]