Lawmakers negotiating agriculture bill back off proposed ban of Chinese chicken importsSeptember 25th, 2009 Lawmakers back off proposed ban of Chinese chickenWASHINGTON — Members of Congress negotiating an agriculture spending bill have signaled they will back off a proposed ban on imports of Chinese chicken. Rep. Rosa DeLauro said in a statement Friday that instead of a ban, the bill will call for U.S.
Beijing calls for talks with Washington in World Trade Organization over tire tariffsSeptember 14th, 2009 China calls for WTO talks on US tire tariffsBEIJING — China accused Washington on Monday of violating World Trade Organization rules by raising tariffs on Chinese tires and demanded talks in the WTO on the latest and most acrimonious in a string of trade disputes. "The American side's imposition of protective measures on Chinese tires violates WTO regulations," Commerce Ministry spokesman Yao Jian said in a statement.
Shares of US tire makers surge after Obama administration slaps tariffs on Chinese tiresSeptember 14th, 2009 US tire stocks surge on news of tariff on ChineseNEW YORK — Shares of U.S. tire makers surged Monday after a decision last week by the Obama administration to impose higher tariffs for three years on Chinese tires.
Government reports China's exports fall 22.9 percent in July, imports down 14.9 percentAugust 11th, 2009 China's exports, imports fall sharply in JulyBEIJING — The decline in China's imports accelerated in July despite a rise in economic growth, while exports also fell more sharply amid weak global demand, data showed Tuesday. Imports fell 14.9 percent from a year earlier, compared with a 13.2 percent decline the previous month, the customs agency reported.
Chinaese exports fall 22.9 percent in July, imports down 14.9 percentAugust 11th, 2009 Chinese exports, imports fall sharply in JulyBEIJING — China's government says the decline in the country's exports and imports accelerated in July amid weak global consumer demand. Tuesday's report by the Chinese customs agency says exports were down 22.9 percent from a year earlier, while imports fell 14.9 percent.
Saudi Arabia, UAE meet over half of Japan's oil needsJuly 7th, 2009 TOKYO - Saudi Arabia and the United Arab Emirates (UAE) are the largest oil suppliers to the world's second largest economy Japan and account for over half of the country's oil imports, WAM news agency reported Tuesday citing Japanese government figures. Saudi Arabia remained the largest crude oil supplier to Japan in May 2009, exporting 31.4 million barrels per day and accounting for 28.8 percent of total its oil imports.
Indian firms want tougher quality norms on Chinese goodsJune 14th, 2009 NEW DELHI - Hit by the influx of cheaper Chinese goods in the domestic market, India's small and medium enterprises (SMEs) want tougher safeguard duties and quality norms to be imposed on imports from the neighbouring country, say an an industry lobby survey. Chinese goods are 10 to 70 percent cheaper than their Indian counterparts and the flood of such products in the domestic market have affected companies across sectors at a time when demand is already low due to the global slowdown, said the survey conducted by the Federation of Indian Commerce and Industry (FICCI).
China suffers record export drop in May as global slump batters trade; imports also plungeJune 11th, 2009 China's May exports plunge by record 26.4 percentBEIJING — China's exports fell by a record margin in May as the global slump battered trade, while imports also fell sharply, data showed Thursday. May exports tumbled 26.4 percent from a year earlier, exceeding February's previous record drop of 25.7 percent, the Chinese customs agency reported.
China launches anti-dumping probe of US, Russia steel, but case not expected to affect pricesJune 3rd, 2009 China launches trade probe of US, Russia steelBEIJING — China is investigating imports of U.S. and Russian steel under anti-dumping rules amid a rise in Chinese imports of the metal.
Government plans duty on auto component importsMay 5th, 2009 NEW DELHI - The government is considering imposing safeguards duty and anti-dumping measures on cheap imports of auto components, a senior official said here Tuesday. 'The industry has approached the government as it is worried about cheap auto component imports that can harm the sector,' Surajit Mitra, additional secretary at the Department of Heavy Industries, said.
EU bans antifungal chemical linked to allergies; ban to largely affect Chinese leather importsApril 30th, 2009 EU bans chemical used in Chinese leather goodsBRUSSELS — The European Union has banned an antifungal chemical used in Chinese leather shoes or sofas that can cause severe allergic reactions. Dimethyl fumarate, or DMF, prevents mold growing on leather goods produced in humid climates.
India says wants to solve boundary dispute with ChinaMarch 20th, 2009 NEW DELHI - Foreign Secretary Shivshankar Menon has said India and China are attempting to find a solution to the vexed boundary dispute
"While we attempt to resolve our differences such as those on the boundary, we will not allow those differences to prevent engagement in other fields. Neither side has attempted to change the status quo on the border while we seek a boundary settlement," Menon said at a book release function here last evening.
China prefers talks with India to settle toys ban issueMarch 19th, 2009 NEW DELHI - China can drag India to the World Trade Organisation (WTO) over the ban on Chinese toys here, but 'we believe in resolving the issue through talks', a Chinese minister said here Thursday. 'We can go to international agencies over this issue.
India relaxes ban on Chinese toy importsMarch 2nd, 2009 NEW DELHI - The government has relaxed the ban imposed on import of Chinese toys, the Directorate General of Foreign Trade (DGFT) said a notification issued Monday. The DGFT notification said that imports will be allowed only if the importer can produce a certificate stating that the toys conform to certain internationally-accepted quality standards.
Chinese power equipment firm to set base in IndiaFebruary 26th, 2009 CHENNAI - With its Indian client base increasing, Chinese power equipment manufacturer Harbin Power Engineering is considering setting up a service centre in Tamil Nadu, said a top company official. 'We have orders worth $450 million in India.
August 31st, 2009 at 8:03 am
Would like to hear some comments regarding the recent development in Telecommunication sector where the Indian Telecommunications Secretary Siddharth Behura has asked the chiefs of the country’s top mobile operators to adopt a policy of self-regulation in sourcing telecoms equipment. There is a tiff growing as the Indian govt is seeking a ban on Chinese manufactured equipment in 20 states while mobile firms are against it. Even if govt manages to put a control on Chinese companies, many companies (e.g. UTstarcom) have the escape route as they are listed in US and Europe while all their manufacturing and RnD is done in China. Should not the Indian govt should put a leash on such companies too? Please comment.
Thanks.