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People Daily (Free subscription) | 12/04/2009
The Chinese government and business groups are strongly dissatisfied with a European Commission proposal to extend dumping duties on leather shoes from China by another 15 months, a spokesman of China's Ministry of Commerce said Friday. The EU's executive commission had proposed the extension of duties up to 16.5 percent on leather shoe imports from China on Wednesday, said Yao Jian, the ministry...
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People Daily (Free subscription) | 11/26/2009
The US Department of Commerce made a final ruling to impose duties on Chinese-made oil well pipes Tuesday, raising the ire of Chinese parties involved who fear increased protectionism will hurt trade. Yao Jian, spokesman for the Ministry of Commerce (MOFCOM), stated Wednesday that the decision is a continuation of a series of discriminatory trade policies implemented by the US over the course...
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Xinhuanet (Free subscription) | 11/25/2009
... with its discriminatory measures and arbitrarily raising the anti-subsidy duty rates," said Yao Jian, spokesman of the MOC. Yao reiterated that the United States should live up to its promise made at the G20 Summit and the consensus reached earlier by leaders of the two countries to fight trade protectionism. Earlier this month, the U.S. Commerce Department also slapped preliminary anti-dumping...
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Xinhuanet (Free subscription) | 11/25/2009
... in an artificially high subsidy rate, hurting Chinese firms' interests," ministry spokesman Yao Jian said in September.
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People Daily (Free subscription) | 11/16/2009
The amount of foreign direct investment (FDI) China received rose for the third consecutive month in October, up 5.7 percent year on year to 7.1 billion U.S. dollars, said Yao Jian, spokesman of the Ministry of Commerce in Beijing on Monday. &$ &$Source:Xinhua&$ &$ ...
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People Daily (Free subscription) | 11/16/2009
A Chinese delegation will leave for Serbia, France, the Netherlands and Ireland this weekend to further China-Europe economic cooperation, China's Ministry of Commerce announced Monday. Ministry spokesman Yao Jian said the delegation of more than 300 business people from around 170 enterprises would visit the four countries from Nov. 21 to Dec. 4. The tour, organized by the China Chamber of...
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People Daily (Free subscription) | 11/16/2009
Chinese government believes that it would be important to create a stable environment for the export sector by stabilizing macro policies and Renminbi exchange rate, said Yao Jian, spokesman of China's Ministry of Commerce November 16. Since the end of the dollar pegging policy in July 2005, Renminbi has appreciated by 19 percent. Due to the global financial crisis, China's overseas market has...
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China Hearsay (Free subscription) | 11/17/2009
... from Sichuan Tengzhong Heavy Industrial Machinery Co over their Hummer deal. Ministry spokesman Yao Jian made the remarks at a press conference responding to media reports. The MOC has had to respond to this same question several times now. They’re probably getting rather frustrated. On the other hand, I originally assumed that MOC was the main approval authority on a deal like this as well....
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The Truth About Cars (Free subscription) | 11/17/2009
... will be looking for dumping practices and for unfair government subsidies.Ministry spokesman Yao Jian said China’s probe will look into 24 items which include the U.S. government’s rescue and restructuring plans for the auto industry as well as government subsidies on new-energy vehicles and its “cash-for-clunkers” incentive program.The concerned U.S. automakers have the right to defend...
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Reuters (Free subscription) | 11/16/2009
"Either from the perspective of promoting stable global economic development, or from the perspective of promoting a recovery in Chinese exports, we must provide a stable and predictable environment for our enterprises, including macro-economic policy and currency policy," Yao Jian, a ministry spokesman, said on Monday.
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Reuters (Free subscription) | 11/16/2009
Featured Broker sponsored linkBEIJING (Reuters) - China should keep the yuan stable, in part because that is beneficial for a global economic recovery, a Commerce Ministry spokesman said on Monday.The yuan's exchange rate has little to do with its trade imbalance, spokesman Yao Jian told a news conference.He added that it was unfair to urge just one country to increase the value of its currency,...
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People Daily (Free subscription) | 11/09/2009
TIANJIN: China has been badly affected by rising trade protectionism since the outbreak of the global financial crisis, a Ministry of Commerce official said over the weekend. Some countries and regions increased exports after efforts to stimulate domestic consumption failed, and even depreciated currency and raised subsidies to improve the competitiveness of exports, said ministry spokesman Yao Jian....
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People Daily (Free subscription) | 11/08/2009
China suffered heavily from trade protectionism which has been rising after the outbreak of the global financial crisis, a Ministry of Commerce official said here Saturday. MOC spokesman Yao Jian said that some countries and regions resorted to expanding exports to boost economic recovery after efforts to stimulate domestic demand failed, and even depreciated domestic currency and increased...
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Xinhuanet (Free subscription) | 11/09/2009
... which has been rising after the outbreak of the global financial crisis, MOC spokesman Yao Jian told a forum Saturday. Yao said 19 economies launched 88 probes into Chinese products in the first nine months, involving 10.2 billion U.S. dollars of export goods. The two figures were 29 percent and 125 percent respectively higher than the same period last year. In the first nine months, the...
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People Daily (Free subscription) | 11/06/2009
... anti-dumping duties, bringing serious impacts to China's steel sector exports, said MOC spokesman Yao Jian in a statement on the ministry's website. "We hope the United States can ge ...
