Economics & Trade

Olympics to have 100,000 guards

China will employ 100,000 security guards to work during the 2008 Olympic Games in Beijing, according

Q1 crude imports jump 35.7%

First quarter crude imports in China jumped 35.7% year-on-year to 30.14 million tons, according to sta

Q1 trade deficit reaches US$8.43bn

China recorded its third consecutive monthly trade deficit in March, according to the mainland's custo

China's trade deficit with India nears US$1bn

China experienced a US$900 million trade deficit with India in 2003, according to India's foreign trad

China Eastern reports major losses

China Eastern Airlines reported losses of US$114.8 million in 2003, a sharp turnaround from its US$10.

China Southern plans major Airbus purchase

China Southern Airlines announced that it plans to purchase 21 Airbus jets for US$1.3 billion.

China, EU to increase space cooperation

Chinese and European Union (EU) representatives signed agreements to cooperate on space exploration at

Japan partially lifts Chinese poultry ban

Japan's Ministry of Agriculture, Forestry and Fisheries announced a partial lifting of the country's b

China Life Group to pay fine, taxes

China Life Group has been ordered to pay US$8.15 million in fines for accounting irregularities and un

Foreign trade law amended

The National People's Congress (NPC) passed a draft amendment to China's Foreign Trade Law that will g

EU to increase China textile quotas

The European Union (EU) plans to increase quotas for Chinese textiles on May 1, when ten new member co

China considering EU, Japan requests

The Ministry of Commerce said that China was considering the requests by the European Union (EU) and J

China world's No 3 importer

China became the world's number three importer in 2003, according to a report released by the World Tr

Japan considering WTO complaint

Japan announced it is considering raising a formal complaint at the WTO against China's semiconductor

Finance minister addresses overheating

China's finance minister said that the central government plans to engineer a soft landing for the cou

China's foreign debt jumps 13%

The State Administration of Foreign Exchange (SAFE) announced that China's foreign debt grew 13% year-

Paper goods face US anti-dumping duties

The US International Trade Commission voted unanimously to impose anti-dumping duties on Chinese tissu

Banking on 2006

Foreign banks are steadily expanding their presence in China. Will this prove to be wise or an expression of irrational exuberance?

TV investment time

Television, one of the last industries to open to foreign investment, is preparing for a leap towards allowing foreign investment. Change will be big - but slow, says Joe Havely.

Trans-Pacific chill

China and the United States have moved into another rough patch in relations, with squabbles about trade, tax and currency issues overshadowing ties.

Japan, EU add weight to WTO complaint

Japan and the European Union (EU) joined the US in formally complaining to the World Trade Organizatio

EU warns China over coke

The EU issued a warning to China regarding mainland restrictions on exports of coking coal, saying tha

China agrees to semiconductor talks

Officials from China's Ministry of Commerce (MOFCOM) agreed to meet with their US counterparts to atte

Poultry exports to drop 20%

China's domestic poultry production is projected to drop by 20% in 2004, according to Chinese media re

Japan criticizes China on trade

Japan's Ministry of Economy, Trade and Industry (METI) criticized China's trade practices in its annua

China will discuss US WTO tax complaint

China agreed to discuss a complaint made by the US at the World Trade Organization (WTO) regarding Chi

Russian railways to undergo US$1.4bn upgrade

Russian railways will undergo a US$1.4 billion transportation capacity upgrade to accommodate increasi

US could log WTO copyright complaint

US Trade Representative Robert Zoellick said that more trade charges could be brought up against China

China, Myanmar sign economic agreements

China and Myanmar signed 21 agreements focused on improving trade between the two countries.

Lunar satellite launch set for 2007

China said it will launch its first lunar satellite in 2007 as a part of its lunar exploration project


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