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China Urges EU to Nix Solar Panel Tariffs
Apr 30, 2019China called on the European Union (EU) to put an end to punitive duties imposed on Chinese solar panels as soon as possible following a decision by the EU to extend the tax for 18 months. The European Commission, the EU's executive body, ...
Tags: solar panels, solar product
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Molson Coors to Distribute Heineken's Sol Beer in US
Jun 8, 2017Molson Coors Brewing has agreed to import, market and distribute Heineken's Sol beer brand in the US. Heineken and Molson Coors Brewing have signed a 10-year import agreement, which offers both brewers an opportunity to focus on important ...
Tags: Molson Coors, Beer
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China Doubts on EU Tariffs on Steel Products
Mar 1, 2017China has expressed doubts about exorbitant tariffs imposed by the European Union (EU) on steel products from China, calling for an end to such unfair measures. The European Commission, the EU's executive body, recently announced its ...
Tags: EU Tariffs, Steel Products
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China's Car Sales Growth to Slow in 2017
Jan 1, 2017Automobile sales are expected to slow next year after a boom in 2016, the Ministry of Commerce (MOC) said Thursday. Growth in auto sales in 2017 could slow to an annual 2 percent to 6 percent, said MOC spokesperson Shen Danyang, citing ...
Tags: Automobile, Car Sales
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China's Non-State Crude Import Quota Unchanged
Dec 4, 2016China's Ministry of Commerce announced on Thursday that the quota for non-state crude oil imports will stay unchanged at 87.6 million tonnes for 2017. The volume is equivalent to around 26 percent of China's crude imports last year. ...
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China's Service Outsourcing Continues to Grow
Sep 27, 2016China's service outsourcing industry continued to grow in the first eight months, the Ministry of Commerce (MOC) said on Tuesday. Chinese companies agreed service outsourcing contracts worth 629 billion yuan (95 billion U.S. dollars) in ...
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China's FDI Returns to Growth in Aug.
Sep 14, 2016Foreign direct investment (FDI) into the Chinese mainland rose 5.7 percent year on year in August, compared with a 1.6-percent drop in July, official data showed Tuesday. FDI hit 57.3 billion yuan (US$8.8 billion) last month, according to ...
Tags: China's FDI, economic activity
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China's ODI, Service Trade Jump in H1
Jul 19, 2016Chinese companies continued to boost their overseas investment in the first half (H1) of the year, official data showed on Tuesday. China's non-financial outbound direct investment (ODI) rose 58.7 percent from a year earlier to 580.28 ...
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China's FDI Grows in Jan.-Feb.
Mar 11, 2016Foreign direct investment (FDI) in the Chinese mainland continued to grow steadily in the first two months of this year despite slowing overall growth. FDI, which excludes investment in the financial sector, rose 2.7 percent year on year ...
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Dining, Retail Sales Surge During Spring Festival
Feb 14, 2016Shops and restaurants across China reported robust sales during the week-long Spring Festival holiday, data from the Ministry of Commerce (MOC) showed on Saturday. Sales from dining and retails reached 754 billion yuan (US$ 115 billion), ...
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Foreign Investment in China Hits Record in 2015
Jan 5, 2016Foreign investment in China reached a record 126 billion U.S. dollars in 2015, according to new official data. In the first 11 months of the year, China took in 114 billion U.S. dollars in non-financial investment, up 7.9 percent year on ...
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China's Outbound Direct Investment up 12.6 Pct
Dec 18, 2015China made 8.92 billion U.S. dollars in non-financial outbound direct investment (ODI) in November this year, up 12.6 percent year on year, the Ministry of Commerce (MOC) said on Thursday. In the first 11 months of 2015, China made 104.13 ...
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China's Retail Sales Growth Estimated at 10.7 Pct in 2015
Dec 18, 2015China's retail sales of consumer goods will see annual growth of 10.7 percent this year, the Ministry of Commerce (MOC) forecast Thursday. The domestic consumer market was stable this year and it gained momentum in recent months, said MOC ...
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China's Jan.-Nov. Outbound Direct Investment up 16 Pct
Dec 17, 2015The Chinese mainland made around 104 billion U.S. dollars in non-financial investment in overseas markets in the first 11 months of 2015, up 16 percent year on year, an official of the Ministry of Commerce (MOC) said on Tuesday. Outbound ...
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China to Encourage Overseas Business
Dec 7, 2015China will introduce more favorable policies to help domestic enterprises go global, an official from the Ministry of Commerce (MOC) said. The MOC will partner with other ministries to push policies for outbound investment, cooperation ...
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