Chinese trade experts are warning of increasing trade friction between China and the United States, saying that US trade protection measures are unlikely to ease in the short term. Their warnings came after the US said Tuesday in a preliminary ruling that it would impose duties of 2.9 to 4.7 percent on Chinese solar cells [...]
Domestic consumption will be the main driver of China's economic growth this year, said a Ministry of Commerce think tank. It is set to surpass government investment for the first time in a decade, said the Chinese Academy of International Trade and Economic Cooperation on Wednesday. Read Full Article HERE
To quell public concerns, the National Council for Social Security Fund (NCSSF) denied speculations Wednesday that it would funnel all of its entrusted 100 billion yuan ($15.82 billion) in pension funds for Guangdong Province into the stock market. The majority of the money will be put into fixed-income investments such as national bonds and bank [...]
BEIJING, March 21 (Xinhua) — Vice President Xi Jinping on Wednesday stressed the importance of the role played by the Communist Party of China (CPC) in the country's non-public enterprises. Non-public enterprises, including private companies and businesses controlled by overseas shares, are an "important force in the development of the socialist market economy," said Xi, [...]
Wang Jianzhou, chairman of China Mobile Communications Corp, said he enjoyed every day of the past three decades that he spent in the telecom industry and saw the changes in people's lives resulting from technological innovations. The work of leading the world's biggest telecom carrier has kept him busy. Wang said he was bad at [...]
Thank you for visiting China US Focus. We are working to improve the site, and hope you will take a few minutes to complete this anonymous survey. Your valuable opinions are most appreciated.