China Economic ReviewThe Ministry of Commerce used September's China International Fair for Investment and Trade held in Xiamen to launch its new policy of encouraging Chinese firms to invest overseas. In previous years, the thrust of the fair was to persuade foreign companies to invest in China. However, this year there were also representatives of foreign countries […]
The World Trade Organisation talks on agriculture ended in failure last month when a coalition of 21 developing nations led by China, Brazil and India walked out after the Western economic powers refused to cut economic subsidies. Chinese commentators credited the new power of the G21 to the economic clout of China and its determination […]
China's lighter producers have won an antidumping charge launched by their European counterparts, Xinhua reported. This was the first victory won by Chinese firms against an anti-dumping action in the EU since China joined the World Trade Organisation. Last year, at the request of European manufacturers, Brussels announced that it was launching a dumping investigation […]
The number of anti-dumping charges filed against Chinese manufacturers by other countries totalled 500 by the end of 2002 and they cost China billions of yuan in lost export revenues, People's Daily said. The Ministry of Commerce said this figure accounted for 14 per cent of the world's total, more than any other country. A […]
In brief Beijing recorded a 51 per cent year-on-year fall in overseas tourist arrivals in the first half of 2003 due to the impact of the Sars virus. Hotels received 3.4m domestic tourists, reported Xinhua, down by one-quarter. The Shangri-La Hotel in Beijing is to undergo a US$72m renovation. The three-year project will include the […]