China Economic ReviewChina has carried out 19 anti-dumping investigations since 1997 and imposed additional import duties ranging from 4 to 78 per cent in six cases, Xinhua reported. The six cases covered products from the chemical, chemical fibre, steel, paper-making and light industries sectors. The figures were revealed by Wang Shichun, head of the fair trade bureau […]
The vice-minister of foreign trade, Zhou Keren, said at the end of May that uncertainties in the world economy and problems restricting export expansion did not allow "blind optimism" on China’s export growth, Xinhua reported. However, he added that while trade protectionism was increasingly becoming a burden on Chinese exporters, growth in exports would be […]
China’s exports rose by 18.4 per cent yearon- year in May to reach US$24.64bn, while imports climbed by 19.3 per cent to US$22.44bn, according to Chinese customs figures. The trade surplus of US$2.2bn was 10 per cent higher than in the same month last year. In the first five months of 2002, exports grew by […]
According to China Insurance Regulatory Commission chairman Wu Xiaoping, 34 foreign insurance companies had been approved to conduct business in China by the start of June, People’s Daily reported. Foreign insurers operating in China had combined premium revenue of Yn3.2bn in 2001. In Shanghai and Guangzhou, the only two cities open to foreign insurers before […]
China Life has been in talks with several foreign companies including Lehman Brothers and Citigroup about their taking a stake in China’s biggest life insurer, said general manager Wang Xianzhang in a report by Bloomberg. The state-owned China Life was formed in 1996 when the government split the former monopoly People’s Insurance Co of China. […]