Ministry of Commerce

US sell-or-ban law against TikTok stirs unease in China as Beijing, social media giant ByteDance stay mum on next moves

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An article published by the Beijing Daily, the official newspaper of the Chinese Communist Party’s Beijing Municipal Committee, said the measure against TikTok is tantamount to a “robbery” that would “completely destroy American national credibility, which is already flawed”. United States President Joe Biden speaks after signing into law the foreign aid bill and a … Read more

Beijing slaps anti-dumping tariffs on Taiwan’s polycarbonates after protracted probe

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Last December, Beijing also suspended tariff cuts for 12 important petrochemical products from Taiwan amid growing cross-strait tensions, with the commerce ministry accusing Taipei of placing “barriers” on mainland imports. “The investigation agency finally determined that there was dumping of the investigated products, that the mainland’s polycarbonate industry had been substantially damaged, and that there … Read more

China’s ‘two sessions’ 2024: did Premier Li Qiang’s speech move the needle for foreign, private business?

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Beijing is angling to revive confidence in private entrepreneurs and foreign investors via a renewed campaign for a unified national market and better business environment – an essential task to fulfil its ambitious expansion target of around 5 per cent and ensure economic stability in 2024. In his maiden government work report on Tuesday, Premier … Read more