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On Obama Tire Export Tariff, China Threatens Retaliation
China can choose to get tough and threaten retaliatory measures, in the trade and financial sectors, against the US, and throw in the EU to boot, but it is China that has the most to lose in any trade war escalation.
September 14th,2009
To catch up with India, Chinese Government Push Multinationals to Outsource Services
Facing a continued decline in the export of its manufactures, China is promoting its outsourcing service industry through a series of preferential policies in financing and direct cooperation with multinational companies. The aim is to catch up with India's vast and successful outsourcing operations.
September 10th,2009
Car Production Surge Unsustainable, says NDRC
China's domestic car sales may top 12 million this year in a hot market, but the government is telling the industry not to trust that market and build too many cars for future sales. The momentum of sales of more than one million cars for six consecutive months cannot last.
car industry, Car Production September 9th,2009
China's Shoe Exporters Facing Pricing Pressures, Losing Money
The price for marketing shoes has been on the rise recently. In Dongguan, selling a pair of shoes costs more than one dollar, but the average price for African export is $0.90/pair, so shoemakers must sell at a loss. Thanks to an increased export tax rebate from 11% to 15% since last year, many low-end manufacturing firms are still earning small profits.
China export, shoe exporters September 9th,2009
China Isn't Ready to Abandon Stimulus Policy
China has joined the consensus reached at the G20 Finance Ministers and Central Bank Governors Meeting in London for maintaining financial support and expansionary monetary policy.
September 7th,2009
Buying IMF Bonds Up to $50 Billion: China Move towards US Treasury Alternatives
The International Monetary Fund (IMF) has announced that the Chinese government has agreed to purchase IMF debt up to $50 billion. This is the first bond subscription agreement the IMF has signed since July when its Council passed the framework on issuing bonds.
IMF, SDR September 4th,2009
World Bank Eyes CIC's Cash and China's Overcapacity
In its quest to shore up the economies of the developing world, the World Bank is seeking cooperation with China, encouraging it to use a portion of its huge foreign reserve for equity investment in developing countries, and to shift its production surpluses to Africa.
World Bank, CIC, overcapacity, Zoellick September 3rd,2009
China Wants to Boost Its Share of the Arms Trade
As the world's largest trading nation with ever-expanding manufacturing capacity, China is still weak in the export of one particular product: arms.
china, arm sale September 3rd,2009
"Don't Stop the Investment Surge!" Says the World to China
Were China to tighten up its monetary policy, it would deal a blow to the fragile recovery of the world economy.
September 3rd,2009
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