Search Results for: China

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation, of the World Bank, is making a US$15.3 million equity investment in China Life Reinsurance Company, to improve its efficiency in serving domestic Chinese customers. China Life Reinsurance Company is a spin-off from the state-owed China Re.…

BY KEITH NUTHALL
EUROPEAN Union (EU) trade Commissioner Pascal Lamy has said the European Commission will investigate the risk posed to EU textile producers by the imposition of quotas on Chinese exports into the USA market of knitted fabrics, bras, dressing gowns, and robes.…

BY RICHARD HURST
BHP Billiton, one of the world’s largest aluminium producers, has claimed that the boom in Chinese aluminium smelting is putting pressure on global alumina stocks and that any unforeseen disruptions to the world supply of the mineral would have an immediate affect on production of the metal.…

BY KEITH NUTHALL
ALL but one of the commonly used forms of asbestos have been added to a United Nations blacklist, enabling countries to block further imports without being challenged in global tribunals such as the World Trade Organisation. Amosite, actinolite, anthophyllite and tremolite were added to the Rotterdam Convention Prior Informed Consent (PIC) list by an intergovernmental negotiating committee, meeting in Geneva, Switzerland.…

BY KEITH NUTHALL
BINDING energy conservation targets have been proposed for European Union (EU) Member States by the European Commission, a move that could further tighten fuel economy rules for Europe’s transport sector. Brussels has proposed a general energy saving target of one per cent a year from 2006-12, measured against average energy distribution from the previous five years.…

BY PHILIP FINE

THE ISSUE of the erection by the US government of restrictive quotas on Chinese knitted fabrics, bras, dressing gowns, and robes has divided the US textile and apparel lobbies. The American Apparel & Footwear Association says instead of appeasing vocal textile manufacturers by reimposing quotas on imported from China, the Bush Administration would be better off fostering trade pacts.…

BY DEIRDRE MASON
250 words, DM Pounds 48, plus expenses: Train/tube travel from Honor Oak Park to Piccadilly return on 4 November: ?6.20, Phone card ?5 (Tickets should come in post – if not – can you ask Deirdre if she’s sending them in – of not, just send in the claim anyway.…

BY KEITH NUTHALL
THE EUROPEAN Commission plans to impose until May safeguard duties of Euro 155/tonne on imports of prepared or preserved mandarins, tangerines, satsumas, clementines, wilkings, containing added sugar, except for 11,389 tonnes from China, 906 tonnes from elsewhere and all exports from 130 developing countries.…

BY DEIRDRE MASON
DECLARATIONS of intent on tackling climate change are no longer good enough, delegates to last week’s (Nov4-5) Royal Institute on International Affairs/Carbon Trust conference on delivering climate technology was told by a senior executive from Italy’s environment ministry.…

BY KEITH NUTHALL
CHINA has played tit-for-tat in unusually public diplomatic spat over temporary’ safeguard duties that were imposed by Beijing last May on US exports of nine steel products. The United States had published a pointed set of questions about whether the duties had actually lapsed as planned by November and over exemptions from such tariffs for South Korea and Slovakia on the apparently dubious grounds that they were “developing countries”.…