Search Results for: China

BY SWINEETHA DIAS WICKRAMANAYAKA
THE INDIAN government is planning to kick-start its shoe component leather industry, as part of a plan to boost the country’s share of the global leather trade to 10 per cent from its current level of around seven per cent.…

BY KEITH NUTHALL
EUROPEAN Union ministers have been formally asked to approve the shipping agreement negotiated with China last year by the European Commission; the deal covers commercial, safety and security maritime issues and could be formally signed at a planned EU-China summit at the end of this year.…

BY KEITH NUTHALL AND MARK ROWE
THE EUROPEAN Union has agreed a suspension of Chinese imports of molluscs, crustaceans, frozen shrimps and prawns because of concerns about contamination; it follows the discovery of “serious deficiencies” in China’s medical residue control system and “problems related to the use of banned substances in the veterinary field.”…

BY MARK ROWE
THE HONG Kong company Modern Terminals Ltd (MTL) has announced that it plans to invest a further HK$1 billion, (Pounds 94 million), to HK$2 billion in its port projects in China over the next three years. These include the container terminal operator’s ongoing investments in the Kaifeng and Shekou container terminals in Western Shenzhen across the mainland border and also operates five container berths at Hong Kong’s Kwai Chung Container Port.…

BY MARK ROWE
INDONESIAN textile producers have warned that their industry faces thousands of job losses as smuggled used garments flood the Indonesian market. The past few months have seen a rise in smuggled goods from China, Japan, Korea, Taiwan, the United States and some European countries.…

BY KEITH NUTHALL
THE EUROPEAN Union Council of Ministers has voted to impose definitive 22.5 per cent anti-dumping duties on imports of ferro molybdenum from China. Sweden opposed the move, with Germany, Finland, Ireland, the Netherlands and Britain abstaining. The European Commission investigation leading to the decision was sparked by a complaint by EU producers association Ferro-alliages.…

BY ALAN OSBORN
THE EUROPEAN Union is to suspend Chinese imports of rabbit meat and poultry following the discovery of “serious deficiencies” in China’s medical residue control system and “problems related to the use of banned substances in the veterinary field.”…

BY MARK ROWE
ERNST and Young have been appointed by China’s largest bank to audit its books amid concerns about the high rate of non-performing loans in the country. Industrial and Commercial Bank of China has hired the company to audit about a fifth of its business, the first time the bank has used foreign auditors for its accounts.…

BY KEITH NUTHALL
The European Commission announced today (Thursday) that after three days of intensive negotiations an “historic” agreement has been reached with China on maritime transport. The deal is based “on the principles of freedom to provide services, free access to cargoes, and cross-trades, unrestricted access to an non-discriminatory treatment in the use of ports,” said the Commission.…

BY KEITH NUTHALL
THE WORLD Intellectual Property Organisation’s digital copyright treaty is to come into force on March 6, next year, after Gabon became the 30th country to ratify its provisions, the minimum number required to make it international law.

This convention safeguards the rights of authors whose works are published on the Internet and in other digital media, protecting literary and artistic works, including online books, computer programs, music, art, and films.…