Tag: China

Monday, October 22nd 2012 - 18:46 UTC
WTO upholds ruling favouring the US in steel products dispute with China

The World Trade Organisation (WTO) has upheld its decision that China's tariffs on imports of certain US steel products were illegal. Beijing had imposed duties on a particular kind of US steel, alleging that its makers were being given subsidies by the US government.
Monday, October 15th 2012 - 18:42 UTC
China’s inflation eases as growth slows; plans to further boost domestic demand

China's policymakers have been given more room to boost stimulus measures after the country's inflation rate dipped in September. Consumer prices rose 1.9% from a year earlier which is down from a rate of 2% in August.
Tuesday, October 9th 2012 - 21:07 UTC
World Bank further lowers China’s growth prospect as Euro zone and US falter

World Bank has lowered its growth forecast for China citing weak demand for its exports and lower investment growth. The bank said it expects China's economy to grow by 7.7% this year, down from its projection of 8.2% in May.
Friday, September 28th 2012 - 02:37 UTC
Chile becomes the leading exporter of cherry and dried plums to China

Chilean fruit exports to China have experienced a great increase in recent years having jumped 35% in 2011 (over 2010), with a value of 438 million dollars, according to statistics provided to the Chilean Ministry of Agriculture, which place Chile as one of the main fruit providers from the southern hemisphere.
Wednesday, September 26th 2012 - 07:19 UTC
China denies influencing the Venezuelan election in favour of President Chavez

China has “no intention of influencing” the coming Venezuelan elections said a Foreign ministry spokesperson in Beijing following allegations from opposition presidential candidate Henrique Capriles that recent economic agreements signed between Beijing and Caracas are part of that strategy.
Wednesday, September 26th 2012 - 00:07 UTC
China’s first aircraft carrier enters into service, “a cause for patriotic passion”

China's first aircraft carrier has entered into service, the defence ministry announced. The 300 meters Liaoning - named after the province where it was refitted - is a refurbished Soviet ship purchased from Ukraine (ex Varyag).
Tuesday, September 18th 2012 - 06:33 UTC
US presidential campaign reaches WTO with new case against China

The United States launched on Monday a new trade case against Chinese auto and auto-parts subsidies as President Barack Obama stumped for votes in Ohio, an auto manufacturing state that could be decisive in the November presidential election.
Friday, September 7th 2012 - 05:34 UTC
Land Rover will manufacture the Freelander and Evoque in China

British luxury car company Jaguar Land Rover has announced plans to build two of its models in China. It will be the first full manufacturing plant for the company outside the UK. Although the plans still have to be given final approval by the Chinese government, Jaguar Land Rover has already found a site for the plant, just north of Shanghai.
Tuesday, September 4th 2012 - 00:20 UTC
Growing fears China is slowing down faster than estimated

China's manufacturing activity fell to a nine-month low in August, adding to fears that its economy is slowing faster than estimated. The official Purchasing Managers' Index (PMI) fell to 49.2, the lowest reading since November 2011, data released over the weekend showed.
Friday, August 31st 2012 - 01:20 UTC
China pledges support for Euro-zone; orders 50 planes from Europe Airbus

China has signed a deal to buy 50 planes worth 3.5bn dollars from Europe's Airbus. The agreement is part of a slew of trade deals signed by German Chancellor Angela Merkel at the start of a two-day visit to China.