U.S. restrictions on high-technology exports to China were costing U.S. firms potential trade opportunities and putting them at a disadvantage, said Wang Qinhua, a senior official with China’s Ministry of Commerce on Friday.
“The controls have affected not only the number of products requiring export licenses, but also exports that do not require licenses,” said Wang.
“The [...]
China launched a special fund of one billion U.S. dollars to finance trade and investment by local companies in Africa on Tuesday, a fresh effort to facilitate Sino-African business relations.
The China-Africa Development Fund is financed by the China Development Bank and will eventually expand to five billion U.S. dollars.
The fund was launched at a ceremony [...]
Hong Kong’s exports of goods rose to 216.6 billion HK dollars in May, up 12.1 percent on the same month last year, with its exports to the Chinese mainland being the major driver, revealed the Census and Statistics Department here Tuesday.
The export growth in May has slowed down compared with a year-on-year rise of 12.6 [...]
Chinese Vice Premier Wu Yi and visiting Belgian visiting Crown Prince Phillipe on Tuesday signed a memorandum of understanding on setting up a Belgium-China direct equity investment fund.
The fund is expected to help Chinese companies to invest in Belgium and other member countries of the European Union, according to a statement issued by Chinese Commerce [...]
Nearly three-quarters of corporate executives expect to increase investment on the Chinese mainland over the next three years after the introduction of a comprehensive bankruptcy law, according to a survey jointly issued by Deloitte China and CPA Australia China Division.
The survey of 480 executives from the mainland, Hong Kong, Singapore and Malaysia found that investors [...]
The China Financial Futures Exchange (CFFEX) Wednesday said the China Securities Regulatory Commission has approved the trading rules, a crucial step toward the launch of the mainland’s first index futures market.
CFFEX has said there is no specific target date for the launch, but industry insiders have predicted it will be sometime this year.
The approved trading [...]
