China News

Guangdong, China's major toy manufacturing province, saw a slump in toy exports in October amid increasing costs, said the provincial customs Tuesday. The toy export volume of Guangdong dropped by 13.3 percent to US$670 million in October. The provin...

China is working its way to become a major solar power market as it plans to subsidize at least 50 percent of 294 solar power projects with total generating capacity of 642 megawatts (MW). Beijing recognizes it will need to strengthen its alternative...

China’s industrial output is expected to grow by about 16 percent year-on-year in November and industrial output for the entire 2009 could reach around 10.5 percent, Minister of Industry and Information Technology Li Yizhong said on Saturday. S...

The U.S. government announced preliminary determination in the countervailing duty investigation on imports of prestressed concrete steel wire strand from China, according to a statement released by the Commerce Department on Tuesday. The department ...

China's Geely Automobile on Wednesday have been confirmed as preferred bidder in the ongoing discussions concerning the possible sale of Volvo Car Corporation. Ford said while it would be engaging in more detailed and focused negotiations with Geely,...

Hong Kong and New Zealand signed an agreement to cooperate on wine-related business here on Wednesday, in a bid to bolster Hong Kong's development as regional wine trading and distribution hub. The agreement, namely an Arrangement for Co-operation on...

China’s automakers are showing a renewed appetite for gobbling up foreign automotive assets to satisfy resurgent demand at dealerships across the nation. But analysts warn not every takeover attempt will end in a deal because of government medd...

Many companies have sought to follow in the footsteps of Yanzhou Coal's $3.2 billion acquisition of Australia-based Felix Resources, but consultants are warning domestic firms to avoid rushing abroad head first. China's largest acquisition in Austral...

China will become the world’s second largest market of non-prescriptive medicine, or “over the counter”(OTC) medicine in 2010, a senior executive with a European pharmaceutical giant said Saturday. Olivier Charmeil, Sanofi-Aventis&r...

Oct. 21 – The State Administration of Tax has issued Guoshuihan (2009) 538 to its subordinate tax bureau concerning treatment of export VAT refunds (exemptions) on overseas contracted projects carried out by manufacturing enterprises. According...

Oct. 20 – The Ministry of Commerce has announced that it will be immediately collecting a 36 percent tariff on American-made nylon 6 or polycaprolactam in the latest development of the ongoing trade tussle between China and the United States. T...

China Sunday started anti-dumping and anti-subsidy investigations into chicken products imported from the United States, the Ministry of Commerce said. The ministry had carefully evaluated applications from domestic chicken producers, and found g...

A major international food safety conference in Beijing has been postponed "until after China's 60th National Day celebrations are completed." The China International Food Safety & Quality Conference and Expo, supported by the State General Adm...

SHANGHAI, Sept. 24 ¨C The city is scheduled to break ground on its new Hongqiao Business Park next year that will eventually feature offices, hotels, entertainment facilities, shopping malls and exhibition sites upon completion. The park will hav...

Dow Jones News, according to Beijing this week, two Chinese General Administration of Customs data released in August this year, China imported 45,812 tons of sugar, 106,373 tons over last year 57% decline in imports. Data show that 1-8 months of...

Reuters, London, September 23 - --- London Metal Exchange (LME) copper (47810, -690.00, -1.42%) fell Wednesday, as investors on the world's major consumer of metals demand from China showed disturbing signs of slowing down. Three-month copper MCU...

One of the 'big three' iron ore producers has cut China's national ore negotiating body out of the equation, electing to deal directly with steel-makers that want to buy its products. The move will heap more pressure on the China Iron and Steel A...

Less than a year after being in the eye of an economic storm, China's manufacturing heartland might at last be showing some signs of recovery. Guangdong province - labeled one of the key "workshops of the world" - was on the firing line at the end...

Shanghai copper edged down on 27th,Aug, chasing falls in London from an intraday high in the previous session, as investors contend with worries about Chinese growth on the one hand and positive US data on the other. Western investors fret that C...

Baosteel, China¡¯s largest steelmaker, plans to invest A$286m (US$241.2m) for a 15 per cent stake in Aquila Resources, an Australian iron ore and coal company, in a deal that underlines the country¡¯s deepening interest in Australian iron ore ass...