Archive for May 2010
31
China still largest target of trade remedies
No comments · Posted by admin in Uncategorized
In the first quarter of 2010, 19 new anti-dumping probes were launched worldwide, and nine of them targeted products exported from China, meaning China remains the biggest target of trade remedies, said the World Bank in its latest report on trade and international integration.
All the probes launched against China may become new trade restrictions, according to the report.
There was a 20 percent decrease in newly-initiated investigations in which domestic industries request the imposition of new import restrictions compared to the number during the same time period in 2009, according to the report.
It follows the fourth quarter of 2009, which also saw a 20 percent decrease relative to the same time period in 2008.
In addition to the anti-dumping probes, 10 of the 15 newly-activated trade protection policies made China a target.
The statistics from the report showed that China is encountering a growing number of anti-dumping investigations. The figure was four in 2008, 12 in 2009 and has increased to nine in only the first quarter of 2010.
This was not in line with the global trend of decreasing trade remedy actions, according to the report.
However, the report did not discuss the reason why China faces growing trade frictions.
No tags
China’s stock index futures fell Friday with the contract for June, the most actively traded, down 1.08 percent from the previous trading day to end at 2,865.2 points.
The July contract lost 1.15 percent to 2,880.8 points. The September contract was down 1.14 percent to 2,910.8 and the December contract ended 0.91 percent lower at 2,969.6.
The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a preset value on an agreed date, are designed to allow investors to bet on and profit from both gains and declines in the market.
The index futures was launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points.
No tags
friends are very important for me .they make my life more colorful. my friends and i ofen spend time toget-her .we discuss sc-hoolworks as well as pop stars . when i’m in trouble,i tu-rn to my friends for help. they giv-e advice and enco-urage me all the timd.
i like to have frien-ds who are differ-ent from me. my best friend john is taller and more outgoingth-an me.we both lik-e sports ,but john is more athleticthan me.and i’m a little quieter .with his help ,i kno-w more things an-d and people tha-n before. when i’mupset.he al-ways makes me laugh . he believes anybody can mak-e if he set his min-d on it .so do i .
how nice it is to have such friends!i like my friends!
No tags
7
15 migrants killed in shipwreck off Mexico, more missing
No comments · Posted by admin in Uncategorized
SAN FRANCISCO IXHUATAN, Mexico (AP) — Authorities have recovered the bodies of 15 Central American migrants whose boat capsized in the Pacific Ocean, the Mexican navy said on Saturday.
Military personnel and rescue workers carry the body of one of the victims of the shipwreck Saturday.
The vessel was believed to be carrying more than 20 migrants.
Survivor Noemi Martinez, 29, of El Salvador, said the boat departed from Guatemala and capsized Tuesday with more than 20 people aboard, according to Moises Hernandez, regional commander for ministerial police in Oaxaca.
State authorities identified the only other known survivor as Salvadoran Walter Alan, 23.
Search efforts were suspended on Saturday because of heavy rain that flooded rivers and creeks.
Earlier, a military helicopter searched the sea while state authorities combed the beach near the towns of San Francisco Ixhuatan and San Francisco del Mar, about 200 miles from the Guatemalan border.
No tags
