Tag: china

China will take measures to safeguard its interests from U.S. tariffs

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BEIJING: China can take measures to safeguard its interests if U.S. trade measures hurt Chinese interests, the Ministry of Commerce (MOFCOM) aforesaid in a very statement on Fri. U.S. President Donald Trump proclaimed on Thursday that he would impose a twenty five p.c tariff on foreign steel and a ten p.c tariff on metal to shield U.S.-based producers. “China hopes the U.S. respects the three-way trade system and maintains a traditional commercialism order with the remainder of the globe,” Wang Hejun, head of MOFCOM’s Trade Remedy and Investigation Bureau, aforesaid…

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Nissan motor company in china is planning to invest 60 billion yuan

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Nissan Motor Co plans to speculate sixty billion yuan ($9.5 billion) in China over following 5 years with its joint-venture partner because it seeks to become a high 3 car maker within the world´s biggest market.   Long stuck as a second-tier player in China, Jewish calendar month and Dongfeng cluster aforementioned on weekday they arrange to boost their volume to two.6 million vehicles a year by 2022, up from 1.5 million vehicles last year. Jewish calendar month plans to attain the target, dubbed its “Triple One” strategy, by that…

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