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EUCCC: investment environment in China is worrying

The European Union Chamber of Commerce in China (EUCCC) pointed out that industrial-policy interventions and foreign investment restrictions in China have increased.The European Business in
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China lost 70 billion yuan in floods

Flood season in China this year caused direct economic losses estimated at about 70 billion yuan. The rainfall in many areas hit record highs; the ...
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Xie Guozhong: Chinese stock market may drop by another 25 percent

The former chief Asian economist at Morgan Stanley, Xie Guozhong, stated that the Chinese economy is not sustainable and the Shanghai Composite Index might make ...
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Chinese yuan hit record high in past three months

The Chinese yuan has hit a new high against the weak U.S. dollar. As the global economy is recovering gradually, the world’s central banks’ monetary ...
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China’s auto exports drop fiercely

China’s auto exports drop fiercely During the first 7 months of this year, China’s auto exports dropped by almost 60 per cent compared to the same ...
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China to implement new patent law

The new Chinese patent law will take into effect in October. Under current law foreign applicants have to file a Chinese patent application through designated ...
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Rising pork prices trigger inflation fears in China

Rising pork prices trigger inflation fears in China Pork prices in China have been on the rise since June 13, and increased to more than 20 ...
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China ranked 2nd on Forbes "tax misery" list

The growth rate of gross tax revenue in China reached more than 30 percent in 2007, far higher than GDP’s increase. According to the 2009 ...
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Business news shorts

China cut U.S. debts massively in June – largest drop in nearly nine years China continued to reduce its holding in U.S. debts in June. According ...
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Business news shorts

CCI: PetroChina and CNOOC took bribes Recently, the U.S. Department of Justice (U.S. DOJ) announced that Control Components Inc. (CCI) pleaded guilty to violations of the ...
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