Tag: China

• Monday, November 26th 2012 - 07:16 UTC

  Chinese shoemaker wins lawsuit and compensation against the EU anti-dumping duties

  

  Following a six-year battle Chinese shoemaker giant Aokang Group Co Ltd won a lawsuit against the European Union's anti-dumping duties. The shoemaking has encouraged other Chinese manufacturers to challenge similar “unfair policies”.

• Thursday, November 22nd 2012 - 20:51 UTC

  Chinese government bankers and financers warned on extravagant and lavish expenditures

  

  China will ban executives from state-owned banks and financial companies from spending extravagantly on cars and houses, according to the state news agency Xinhua. The 12 regulations, issued jointly by the Ministry of Finance, the Ministry of Supervision and the National Audit Office, come after Communist Party chief Xi Jinping warned that the party risks major unrest and the collapse of its rule if corruption is allowed to run wild in China.

• Thursday, November 15th 2012 - 23:32 UTC

  Xi pledges to combat corruption, bureaucracy and rule closer to the people

  

  Xi Jinping has been confirmed as the man to lead China for the next decade. Mr Xi led the new Politburo Standing Committee onto the stage at the Great Hall of the People in Beijing, signalling his elevation to the top of China's ruling Communist Party.

• Thursday, November 15th 2012 - 18:44 UTC

  BRIC miracle largely over; mature economies take the lead, says US Conference Board

  

  The catch-up boom in China, India and Brazil is largely over and will be followed by a drastic slowdown over the next decade, according to a report by America's top forecasting body.

• Saturday, November 10th 2012 - 02:35 UTC

  China forecasted to become world’s largest economy, ahead of the US in 2016

  

  China is projected to overtake the US to become the world's largest economy as early as 2016, according to a report by the Organization for Economic Co-operation and Development (OECD) released on Friday.

• Friday, November 9th 2012 - 05:57 UTC

  Outgoing Chinese leader: tackle corruption otherwise party and state will collapse

  

  China’s outgoing leader has warned corruption could destroy the Communist Party but stepped up plans to double the size of the economy and build a powerful maritime force. President Hu Jintao unveiled an ambitious target to double per-capita incomes and implied the economy would achieve annual growth of about 7% over the next eight years.

• Tuesday, November 6th 2012 - 06:17 UTC

  China PM family’s alleged fortune triggers debate on “sunshine law” for Beijing leaders

  

  China’s communist party leadership has launched a probe into the alleged family wealth of Wen Jiabao at the premier's request, according to sources. In a letter submitted to the Politburo Standing Committee, the party's top decision-making body of which the premier is also a member, Wen asked for a formal inquiry into claims made by The New York Times.

• Sunday, November 4th 2012 - 06:33 UTC

  Will China’s next president, Xi Jinping, bring about change?

  

  By Gwynne Dyer - By the end of November 6, we will know who will be the president of the United States for the next four years. We already know who will be the leader of China for the next 10 years, although Xi Jinping will not be officially installed in power until a few days later. But some would argue that that is the more important event.

• Tuesday, October 23rd 2012 - 03:20 UTC

  Latin American investment in China

  

  By R. Viswanathan (*) - During the sixth China - Latin America Business summit in Hangzhou in October 17-18, the Inter American Development Bank (BID) brought out a report on Latin American investment in China.

• Tuesday, October 23rd 2012 - 01:01 UTC

  China’ Sinochem further expands into Brazil’s offshore oil frontier

  

  Brazil's National Petroleum Agency, ANP, approved Chinese oil company Sinochem's purchase of a 10% stake in five offshore blocks as the state-run company continues its expansion into Latin America's hottest oil frontier.