After an accumulative investment of over 6 billion euros in China over past two decades, the world’s leading chemical group BASF has recently inaugurated a new plant for emollients and waxes in Shanghai. With an investment of 150 million yuan (about 22 million U. S. dollars), the project is BASF’s largest ever investment in emollients … Read more
China warned Thursday that United States ignoring World Trade Organization rulings could trigger a “trade war” after President Donald Trump’s administration said it was not bound by the body’s decisions. Last week a letter sent from the United States Trade Representative to Congress outlining Trump policy reviewed the terms under which the United States joined … Read more
The Ministry of Commerce said in a short statement that the ban would be effective until Dec. 31. China will suspend all imports of coal from North Korea starting Feb. 19, the country’s commerce ministry said in a notice posted on its website on Saturday, as part of its efforts to implement United Nations sanctions … Read more
A Chinese consultancy that has previously helped to win antitrust battles against Coca-Cola and Apple has taken aim at McDonald’s Corp, arguing in a complaint to regulators that the American fast food giant’s China sale may hurt workers and consumers. McDonald’s said last month it had agreed to sell the bulk of its China and … Read more
The ongoing negotiations for a bilateral investment treaty between China and the United States will not be obstructed or delayed by Donald Trump’s new administration as both sides are under pressure to stimulate their economies, experts said on Wednesday. Their comments came after Trump gained the keys to the White House in the presidential poll. … Read more