Archive for April, 2007

Catalogue of Commodities Forbidden to Import (the fourth batch and the fifth batch)

No. 25 [2002] of the Ministry of Foreign Trade and Economic Cooperation, the General Administration of Customs and the State Administration of Environmental Protection
In accordance with Regulations of the People’s Republic of China on Controlling the Import and Export of Commodities, the Law of the People’s Republic of China on the Prevention and Control of [...]

China issues rules on foreign-funded banks

China’s State Council on Wednesday, November 15, 2006, issued new regulations on foreign-funded banks which will take effect on December 11. Following is the full text.
Chapter I General Provisions
Article 1 These regulations are formulated for the purposes of meeting the needs of opening up to the outside world and economic development, strengthening and improving the [...]

China, India urged to seek cooperation despite competition

Entrepreneurs and scholars from India and China said on Sunday that the two countries should find ways to eliminate the obstacles affecting bilateral trade and investment for the prosperity of both economies.
It seems inevitable for China and India, the two fastest-growing economies which have many in common in economic growth mode, to compete with each [...]

Microsoft teams up for growth

MICROSOFT Corp has teamed up with Alibaba.com Corp - China’s largest e-commerce company - to expand its distribution channel in the world’s second-largest computer market, sources said yesterday.
Microsoft will compile all its software tailored for business management of small and medium-size enterprises into different packages, including e-commerce service platform, office software and communication system, for [...]

Major stake in Tianjin plant

EUROPEAN aircraft manufacturer Airbus SAS will hold a majority 51 percent stake in the new Tianjin assembly facility, according to Zhang Hongbiao, general manager of the China Aviation Industry Corp II.
The remaining 49 percent will be held by Tianjin Zhongtian Aviation Industry Investment Co, Zhang told Xinhua news agency. Investors in the new Chinese company [...]

China steel supply outpaces demand

China’s soaring steel production and its steel exports could cause havoc in global markets — and, many in Northwest Indiana say, with local jobs — if its excess supply continues to outpace its internal demand, according to industry experts.
China’s crude steel output is expected to be 480 million metric tons this year, up 13 percent [...]

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