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Economics & Trade

China starts anti-dumping case

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 […]

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Economics & Trade

Foreign firms to get trading rights

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 […]

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Economics & Trade

Strong trade growth continues in 2002

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. […]

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Economics & Trade

Jiang invited to visit US

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 […]

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Economics & Trade

Sales of state shares to resume

China plans to sell 3 per cent of its shares in publicly traded companies this year, said the China Securities Regulatory Commission (CSRC). The shares would be sold at market prices through a bidding system by investment banks. The government owns up to 75 per cent of shares in publicly-traded companies and these sales are […]