Online Stock Market Trading China wants to make greater use of World Trade Organisation
market protection measures, including the use of anti-dumping cases
against foreign companies, as its economy and domestic industries
adjust to increased competition brought by membership of the
WTO.
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Stock Investing Course The official China Daily newspaper quoted Gao Hucheng,
vice-minister of commerce, on Monday as calling for "concerted
efforts" from industrial associations and legal agencies to help
Chinese companies in competition with foreign rivals.
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Stock Market Game "It is an imperative task for governments at all levels to
resort to legal means that are enshrined by the WTO pact, such as
anti-dumping, anti-subsidy and other protective measures," it
quoted Mr Gao as saying.
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Stock Investing Game The call reflects growing awareness in the Chinese government
that domestic companies - which are often the subject of
anti-dumping action overseas - can also make use of such
measures.
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Journal Prime Rate Street Wall Greater use of market protection methods permitted under the
rules of the WTO, which Beijing joined in late 2001, also offers a
way of reminding trade partners that China has become an important
source of demand for many exports and that market protection can
work both ways.
A precise survey of the Western stock market . a place where the whole of 18th century trade and commerce took place, Wall Street is a recognized place across the globe. The street was termed as Wall Street since it ran alongside a wall that was taken as the northern boundary of New Amsterdam in 17th century. The Wall Street is known for the J.P. Morgan's million dollar merger that created US Steel Corporation, the ruinous crisis that resulted in Great Depression and the "Black Monday" of 1987.
Stock Market News Anti-dumping actions are a particularly hot issue in Beijing's
drive to persuade the US and European Union that it should be
granted "market economy status", a move that would make it much
easier for its companies to defend against such cases.
Stock Investing Basics While state media say Chinese companies have been the subject of
over 600 anti-dumping cases and have filed just 30, analysts say
these are likely to be increasingly used, as implementation of WTO
agreements exposes once-protected industries to increasing
competition.
Stock Investing Software China recently prompted concern in Washington by levying
preliminary anti-dumping duties of up to 46 per cent on imports of
optical fibre from US, Japanese and South Korean producers.
Corning, the US group, said it was one of the producers
targeted.
Stock Market Trading Commerce ministry officials and industrial association were
watching closely "to see if some of the industries are hurt by
unfair foreign competitors", the China Daily quoted Wang Qinhua, of
the ministry's bureau of industry injury investigation, as
saying.
Stock Investing For Dummy However, the newspaper also gave details of official efforts to
limit the likelihood of Chinese exporters being hit with
anti-dumping suits overseas by giving them access to advice and
information on international prices.
Stock Market Crash Such information was aimed particularly at private and smaller
companies that often exported large amounts of goods at very low
prices to make quick returns, it said.
Stock Investing Tip With a new online "early-warning system", such companies would
be warned of potential trade
risks and advised on how to
"properly operate their exports".
Stock Market Chart The service currently covered the oil, chemicals and machinery
sectors but would be extended to textiles,
iron and steel and the
vehicle industry, which were
expected to be the next target of overseas anti-dumping
suits.
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