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After a brief cooling down period, the wars that have rattled China’s economic relationships with many of its largest trading partners were back in the headlines last week with developments in 2 cases, one involving the US and the other India. The pair of new developments comes just weeks after China levied its own punitive tariffs on a different set of products from the US and European Union. Read Full Post…
The issue of corkage fees has been popping in and out of the headlines these past few months, spotlighting a practice that many Chinese consumers feel is unfair even though it’s quite common in the west. The issue is quite straightforward, with restaurants charging an extra fee to customers who drink their own wine or other beverage with their meal. Such fees are often quite high, and are meant to encourage people to purchase drinks from the menu. Read Full Post…
China achieved an important milestone in its trade relations with the west last week when it settled 2 disputes with the European Union through negotiations, a less familiar tactic that produced a similar breakthrough deal last year. Both sides should be commended for this new approach, which not only avoids damaging trade wars but also helps to build a friendlier trade relationship based on mutual trust. Read Full Post…
The following press releases and media reports about Chinese companies were carried on March 22-24. To view a full article or story, click on the link next to the headline.
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After years of relying on exports, China’s new focus on stronger domestic consumption to fuel economic growth is not only helping to diversify its economy but is also becoming a valuable new tool in its trade disputes with the West. Its major trading partners, most notably the US and Europe, may need to pay closer attention to China’s fast-growing domestic market when lodging new trade grievances in the future, or risk seeing their own exporters cut off from millions of increasingly wealthy Chinese consumers. Read Full Post…
The following press releases and media reports about Chinese companies were carried on June 6. To view a full article or story, click on the link next to the headline.
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