BEIJING, March 13 (Xinhua) — China’s Ministry of Commerce (MOC) said Tuesday that it will properly deal with a dispute settlement request on rare earth made by three major economies in accordance with World Trade Organization (WTO) rules. The European Union, United States and Japan on Tuesday formally asked the WTO to settle a...
Hong Kong – Even as the United States, the European Union and Japan jointly filed a trade case Tuesday against China over its export restrictions on strategic rare earth metals, many specialists could not help wondering whether it was too little and too late for Western and Japanese manufacturers. President Obama heralded the case...
By Stanley White TOKYO | Mon Mar 12, 2012 8:39pm EDT TOKYO (Reuters) – Japan said on Tuesday it had received approval from China’s government to purchase 65 billion yuan ($10.3 billion) in Chinese government debt in a move that can help Japan diversify its reserves away from the dollar and strengthen economic ties...
BEIJING, March 12 (UPI) — China says its Shenzhou-9 spacecraft, set to dock this summer with its Tiangong-1 space module lab, may include a female astronaut in its crew. The final three-member crew will be decided “on the very last condition,” Niu Hongguang, deputy commander-in-chief of the country’s manned space program, told China’s state-run...
China vowed to extend drug-price cuts, rankling some of the country’s largest manufacturers, in an overhaul of its health-care system to trim the cost of caring for an aging population. Political leaders, wrapping up their annual National People’s Congress in Beijing today, pledged to make medical care more affordable and widen coverage of state-paid...
Stepping up trade pressure on China in an election year, the Obama administration took the first step with the World Trade Organization in trying to force the Chinese to halt their export restrictions of rare earths — minerals that are vital to such products as hybrid vehicles and smartphones. The move by the United...
HONG KONG — A month after Vice President Xi Jinping’s visit to the United States and Europe, the brief trade policy détente between China and its two biggest export markets is about to end. Five separate issues — involving auto parts, cars, solar panels, anti-subsidy laws and rare earth metals — are all likely...
China’s leading online video company Youku is buying its smaller rival Tudou to create the largest video platform site with more than one third of market share. Youku.com is buying Tudou Holdings Ltd., according to Reuters, in an all-stock deal worth over $1 billion. The rival companies have been plagued by net losses due...
