| 2009-12-29 What Makes China a Target of Worldwide Trade Investigations? |
[Jan. 25th, 2010|04:34 pm] |
"Hello and welcome to this edition of Biz China on China Radio International. I'm your host, Chris Gelken.
This year the world has seen a rising trend in trade protectionism in which China has suffered the most. An official Chinese report says the country has ranked first in the world for 14 consecutive years in terms of trade dispute investigations requested by other countries. In today's program, we will find out why China has been the main target of worldwide trade investigations for so long.
For this story and more, do stay with us. We'll be right back after this short break.
In the first 11 months of the year, 19 countries filed more than 100 investigations into Chinese products, nearly half of the world's total. Why has China been the main target of worldwide trade investigations for so long? Our reporter, Chen Xin, talks to Tu Xinquan, a senior researcher with the World Trade Organization Research Center under the Beijing-based University of International Business and Economics, to find out.
The Chinese Academy of Social Sciences recently issued a blue book on the country's economy that forecasts a bullish year for 2010. Experts say an updated economic structure and increased domestic consumption will be the main forces driving sustainable growth for years to come. Chen Zhe has more details.
China's civil aviation industry outperformed all other markets in the world this year, reporting profits of 11.8 billion yuan, or 1.7 billion U.S. dollars, for the period from January to November. An expert notes China's quick economic recovery contributed to the sector's return to the black after a big loss last year. He also gives his suggestions on how the industry should develop. He Fei has more details.
China Central Television named its annual Economic Person of the Year last week in Beijing. Charles Chao, CEO and president of Sina; Li Shufu, Chairman of Geely Automobile Holding; Dong Wenbiao, Chairman of China Minsheng Banking Corporation; and seven other businessmen were named 2009 Economic Persons of the Year. Chen Xin brings us a closer look.
Before we go, a quick look at major business stories from around China.
And with that, we have come to the end of another edition of Biz China. If you have anything to say about the show, please feel free to contact us at bizchina@cri.com.cn. Reach us by post at English Service, China Radio International, Beijing, China. The postal code is 100040. You can also log onto our Web site, crienglish.com, to listen to this or any of our previous shows online. With program producer Chen Xin, I'm Chris Gelken in Beijing. Till next week, goodbye.
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