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China to hold line on rate of yuan-US$

Business | Macro-economy and policy
2009-11-17

CHINA'S Ministry of Commerce yesterday rebuffed calls to allow the national currency to appreciate and said it's unfair to blame the yuan for global trade imbalances. "It is not conductive to the global economic...

FDI in China keeps climbing

Business | Foreign investment
2009-11-17

FOREIGN direct investments in China posted a third consecutive monthly increase when they rose 5.7 percent in October from a year ago, riding on a recovering domestic economy, the Ministry of Commerce said yesterday. ...

Probe on US' rescue plans for auto sector

Business | Automobile
2009-11-17

CHINA announced it will investigate the United States government's financing and rescue plans for the American automotive industry, the Ministry of Commerce said yesterday. It is part of China's probe into...

Upgrade to lift auto exports

Business | Automobile
2009-11-12

CHINA is encouraging its car makers to upgrade their business structure and boost technology innovation as the country aims for an average 10-percent growth in its auto exports by 2011. Besides commercial vehicles,...

Global crisis sparks more trade disputes

Business | Foreign trade
2009-11-9

CHINA suffered heavily from trade protectionism which has been rising after the outbreak of the global financial crisis, a Ministry of Commerce official said in Tianjin on Saturday. Commerce ministry spokesman...

China faces rising trade rows

Business | Macro-economy and policy
2009-10-29

GROWING global trade disputes and the "carbon tariff" that is being considered by some developed countries are among the challenges that China faces in its future economic development, said an assistant commerce minister...

Outbound investments climb

Business | Foreign investment
2009-10-28

OUTBOUND investments by Chinese firms rose 0.5 percent in January through September compared with a year earlier, helped by a near tripling in outflows in the third quarter alone, the Ministry of Commerce said yesterday. ...

China to impose tariffs on nylon items

Business | Textile
2009-10-21

CHINA will impose tariffs of up to 36 percent on some imported nylon products to protect its domestic industry from suspected dumping. The decision applies to Nylon 6, or polycaprolactam, from the United States,...

Investment rise adds to signs of resurgence

Business | Foreign investment
2009-10-16

FOREIGN investment in China rose in September for the second straight month - fresh evidence that overseas investors are betting on the country's economic recovery. Foreign direct investment expanded 18.9 percent...

China plans zero-tariff imports from least developed countries

Business | Foreign trade
2009-9-24

CHINA plans to progressively carry out next year a zero-tariff policy on 95 percent of imports from least developed countries, the Ministry of Commerce said yesterday. The ministry said this move aimed to increase...