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China, US start trade dialogue: Top US and Chineseofficials Tuesday opened their annual trade talks in Washington amid persistent tensions over currency issues and allegations of trade protectionism. Chinese Vice Premier Wang Qishan, heading up a 100-strong delegation, met with US Treasury Secretary Timothy ...

Duties on LPG to be lowered: China will cut the import tax on liquefied petroleum gas to 2 percent from 5 percent starting on Jan 1 to help offset rising purchase costs. Import tariffs for other petroleum products, including kerosene and fuel oil, will remain unchanged next year. Source:China Daily

FDI surges again in November: Foreign direct investment (FDI) growth in China booked its second-highest surge this year in November, bolstering optimism about the continued upward trend and providing fresh evidence of the country's growing attractiveness, government officials and experts said on Wednesday. ...

US high-tech export curbs 'cause of deficit': Restrictions on high-tech exports to China, rather than the Chinese currency, are the "major source" of the US trade deficit with China, the Ministry of Commerce (MOC) said on Wednesday. The ministry said that China will bring the issue to the negotiating table during the two-day ...

China's ODI reaches $47 bln for Jan-Nov: China's overseas direct investment (ODI) in non-financial sectors in 122 countries and regions reached 47.56 billion U.S. dollars in the first 11 months of this year, the Ministry of Commerce (MOC) announced Wednesday. The investment covered 2,786 overseas enterprises for the ...

China to adjust some import, export tariffs next year: China's Ministry of Finance announced on Dec. 14 it will adjust import tariffs on some products to impose new tariffs on chemicals and cameras as well as raise or abolish tariffs on others. It will also raise export tariffs on rare earths, according to the ministry. The ...

China's FDI up for 16th straight month in November: Foreign direct investment (FDI) into China rose for the 16th consecutive month, hitting 9.704 billion U.S. dollars in November and indicating that China remains a favored investment destination. Inbound FDI increased 38.17 percent year on year in November, the Ministry of ...

Mainland presses for investment promotion in talks with Taiwan: A Chinese mainland spokesman Wednesday said mutual investment promotion should be included in any agreement with Taiwan on the protection of investments across the Taiwan Strait. The two sides were aiming to reach an investment protection agreement, which was in line with "common ...

WTO upholds duties on China: A WTO panel of arbitrators on Monday rejected all of China's arguments in a 128-page ruling, saying "the US did not fail to comply with its obligations" in imposing punitive duties on imports of Chinesetires over three years, AFP reported. The tire dispute ignited the first trade ...

Nation regrets WTO tire ruling: China said on Tuesday it regretted a World Trade Organization ruling on Monday that said a punitive United States tariff on Chinese tire imports is consistent with global trade rules. China is deeply concerned about the effect the tariff has on the nation's tire industry, said an ...

For investors, glamorous bounty lies in looted treasures: Chinese nouveau riche join the hunt for 'safe' status symbols. Cheng Yingqi in Beijing reports. Could you spend $82 million in just 16 minutes? One Chinese antique collector did last month with a winning bid at a London sale for an 18th-century Chinese vase. With a price tag fit ...

Export tax to be raised on rare earth: Taxes will be increased on rare earth exports starting next year, the Ministry of Finance said on Tuesday, as China, the largest producer of the precious minerals, moves to protect the environment and its resources as well as regulate exports. Rare earth, a group of 17 minerals, ...

Security threats worry Chinese-Filipino traders in S Philippines: Chinese- Filipino traders in the southern Philippines on Tuesday expressed fear for their safety amid possible new security threats there. Oscan Tan Abing, president of Cotabato Grocers Association in this southern city, said he has received a message on his mobile phone over ...

China to raise tariffs on certain rare earth exports in 2011: China will raise export tariffs on certain rare earths in 2011, said a statement on the website of the Ministry of Finance (MOF) Tuesday. From Jan. 1, 2011, China will adjust tariff rates on certain exports and imports and the changes have been approved by the State Council, or ...

China hopes U.S.-China JCCT meeting further improves ties: China hopes the upcoming U.S.-China Joint Commission on Commerce and Trade (JCCT) meeting will address differences and further improve bilateral ties. "China hopes the meeting will expand mutual cooperation and maintain the healthy and stable development of bilateral economic and ...

China regrets WTO ruling on U.S. tariff on Chinese tire imports: China said Tuesday it regreted a World Trade Organization (WTO) ruling Monday that said a punitive United States tariff on Chinese tire imports is consistent with global trade rules. China is deeply concerned about the effect the tariff has on the Chinese tire industry, said an ...

Chongqing uses 50% more foreign capital: Southwest China's Chongqing Municipality approved establishment of 191 foreign-funded projects in the first 10 months of this year, an increase of 20.13 percent on the same period of last year, the local commission of foreign trade and economic cooperation said Tuesday. The ...

Fujian's foreign trade up more than 36%: East China's Fujian Province generated 97.33 billion U.S. dollars in foreign trade in the first 11 months of this year, a 36.8-percent year-on-year rise, local customs house said Tuesday. The total included 64.13 billion U.S. dollars of exports, up 34.7 percent year on year, and ...

Sino-US trade talks to tackle IPR and beef: The two-day annual US-China trade talks, which start on Tuesday in Washington, will try to ease tension and seek more cooperation in bilateral economic development, especially in intellectual property rights (IPR) protection, trade and investment policies. It will also pave the ...

Iron ore imports decline: Imported iron ore will account for 60 percent of China's ore consumption this year, down 2.4 percent from 2009, the first drop in recent years, thanks to rising domestic ore production, an industry official said. Domestic ore output increased 24.4 percent year-on-year in the ...

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Latest World News

china

Xi Jinping to lead national security commission: The Political Bureau of the CPC Central Committee has decided that ...

China's reform leading group holds first meeting: BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...

Bill Gates talks nuclear: Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

Xinhua Insight: Emerging economies able to secure steady growth: DAVOS, Switzerland, Jan. 25 (Xinhua) -- Emerging economies are ...

China cuts retail oil prices: BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...

IMF chief warns of risks to recovery: DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

Shell companies struggle to stay listed: China is planning to clamp down on back door listings. A back door ...

HK Disneyland Gets Toy Story Land: A general view of Toy Story Land at Hong Kong Disneyland is taken ...

Retailer's Net Profit Falls 3%: A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

industry

sports

Ghana qualifies for FIFA U-20 women's World Cup: Ghana qualified for the 2014 FIFA U-20 women's World Cup following a 4...

Stars 'Big Three' fall short of title in 1st year: Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...

Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

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