WASHINGTON: Top US and Chinese leaders will meet for the first US-China Strategic and Economic Dialogue with the administration of President Barack Obama in Washington July 27-28, US officials said Monday.According to a statement released by the US State Department and Treasury Department, the first joint meeting of the US-China Strategic and Economic Dialogue "will focus on addressing the ch
Chinese and Swedish companies signed nine contracts and framework agreements during a visit by a Chinese trade and investment promotion mission to Sweden on Wednesday and Thursday. More than 300 representatives from the business communities of both countries attended on Wednesday the China-Sweden Economic and Trade Cooperation Forum with the theme "Enhanced cooperation for mutual benefits and
L'AQUILA, Italy: World leaders agreed that the global economy is too unstable to begin rolling back massive fiscal stimulus plans in the near future, according to a draft of the Group of Eight statement on the world economy obtained by The Associated Press.The leaders, however, are committing to prepare exit strategies from the "unprecedented and concerted action" that has been taken. Ge
China's Ministry of Commerce on Monday showed "regret and discontent" over India's move to impose a safeguard duty on aluminium imports from China. The MOC said in a statement on its website that the move "not only has a negative effect on bilateral trade, but also harms the interests of Indian enterprises." The Indian Finance Ministry said in a statement on June 19 that the co
Visiting Chinese President Hu Jintao called for exploiting new cooperation potentials to further boost economic and trade relations with Italy in his meetings with Italian President Giorgio Napolitano and Prime Minister Silvio Berlusconi on July 6 in Rome. In his meeting with Berlusconi, the Chinese President said that the governments of the two countries should further facilitate economic and tra
The Hong Kong Special Administrative Region (HKSAR) government and the Finnish government signed an agreement for the promotion and protection of investments on Thursday in Helsinki, the HKSAR government said. Rita Lau, Secretary for Commerce and Economic Development of the HKSAR government who was currently on a visit to Finland, signed the agreement with Finnish Minister for Foreign Trade and De
The pilot scheme for cross-border trade to be settled in renminbi (RMB) between certain enterprises in five mainland cities and their trading counterparts outside the mainland marked another milestone for the renminbi business in Hong Kong, Hong Kong Monetary Authority Chief Executive Joseph Yam said on July 2. "This is a development of strategic importance," Yam wrote in his online week
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