China Economic ReviewThe State Environmental Protection Administration (SEPA) released its mid-term evaluation of the plan to limit pollution at the Three Gorges dam project, saying that its progress in treating industrial pollution in the area was �not as smooth as planned� and "worrisome". According to the report, more than 67% of the medium- and large-sized polluters that […]
China said that the US should not engage in reconnaissance along China's borders. China's statement came on April 1, the third anniversary of a mid-air collision between a Chinese fighter jet and a US reconnaissance aircraft. The incident resulted in the death of the Chinese fighter pilot and the forced landing of the US plane […]
The State Administration of Foreign Exchange (SAFE) announced that China's foreign debt grew 13% year-on-year in 2003 to US$193.6 billion. SAFE said the primary reasons for the growth of foreign debt were rapid economic growth attracting money from overseas and high domestic lending leading Chinese firms to borrow money from abroad. The increase in China's […]
The US International Trade Commission voted unanimously to impose anti-dumping duties on Chinese tissue and crepe paper, which it said was priced unfairly. The vote in favor of the duties puts the issue before the US Commerce Department, which is scheduled to make a preliminary decision on whether to impose duties around June 26. The […]
China Life Insurance commented on an informal probe by US regulators of its overseas initial public offering (IPO), saying it was confident that it had done nothing wrong. The statement by a China Life spokesperson came after a report in the Financial Times that the US Securities and Exchange Commission (SEC) had begun an informal […]