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The first 300,000-tonne oil tanker built in China is nearing completion and will be delivered to Iran this April, Xinhua reported. Construction of the huge ship, 330 metres long and 58 metres wide, began in August 2000. The ship was built by China’s largest shipbuilder Dalian New Shipbuilding Heavy Industry Co in Liaoning province. It […]

China has decided to start an anti-dumping investigation into art paper imported from South Korea, Japan, the US and Finland, China Daily said. The Ministry of Foreign Trade and Economic Co-operation will investigate whether dumping took place and, if so, will decide whether it infringed China’s regulations on anti-dumping. The State Economic and Trade Commission […]

Proposals for legislation to implement China’s commitment to allowing foreigninvested enterprises (FIEs) full foreign trading rights have been submitted by the Ministry of Foreign Trade and Economic Cooperation to the State Council, China Daily said. According to the agreements made when it joined the World Trade Organisation, China will grant full trading rights to minority […]

China’s foreign trade totalled US$40.67bn in January, up 25.7 per cent on the same month last year. Exports surged by 29.2 per cent to US$21.7bn to give a trade surplus of US$2.73bn, according to Chinese customs. Comparisons with 2001 are distorted by the fact that last year’s week-long Spring Festival holiday began on January 24. […]

Vice foreign minister Li Zhaoxing was reported by a Chinese website as saying that Washington had invited President Jiang Zemin to visit the US later this year, South China Morning Post said. It would be a ‘working visit’ rather than a state one, with Jiang staying briefly in the US and only visiting a few […]