WTO Rules Against Beijing

Published in July 22nd, 2008
Posted by Trapp in Trade Trends
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The WTO agreed with complaints by the US, EU and Canada that China violated trade rules with tariffs placed on auto parts.
The three complainants said the surcharge, equivalent to the tariff on imports of complete cars, exceeded China’s permitted tariff ceiling for car parts and broke WTO rules. The duty on complete cars is typically [...]

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No E-Commerce Fees In China

Published in July 22nd, 2008
Posted by Trapp in Online Media
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Interesting news from Pacific Epoch today which I have pasted below for your convenience:
The Beijing Administration for Industry & Commerce (BAIC) may cancel e-commerce regulations initially scheduled for an August 1 release, reports Weaseek.com quoting an unnamed insider. According to the report, Internet inspector Lv Bowang along with 90% of Internet users have voiced opposition [...]

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Alibaba Group Invests US$300 million – The Beginning

Published in July 16th, 2008
Posted by Trapp in Online Media, Trade Media Services
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For those of you who did not read my June 17th post and still don’t know Taobao.com it is China’s version of eBay and commands 81.5% market share of China’s online retail market with over US$14 billion in gross merchandise value expected this year.
Alibaba Group, which initially developed Taobao.com with Softbank, owns 100% of the [...]

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