China to Levy Tariffs on Some Exported Steel Products
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China said it would introduce export tariffs and increase rates on other items to rein in a record trade surplus and cut energy consumption and pollution.
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By Diao Ying  The Chinese Government is telling enterprises to prepare to meet the latest European Union regulations on chemical substances, another of many international standards that stifles China's manufacturing-heavy foreign trade.
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Chinese lawmakers are set to pass legislation this week that would limit foreign acquisitions in China on national security grounds.
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China's government trebles the stamp duty on the trading of shares - a move seen as a bid to cool its overheated stock market.
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The end of most tariffs and duties against imports of a high-grade steel used in cars was a victory for U.S. and Japanese automakers.
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The prospect that Chinese exports will soon overwhelm the worldwide clothing market was thrown into doubt yesterday after Beijing announced it will tax its shipments of textiles and apparel once the global market is liberalized Jan. 1.
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China is to put tariffs on textile exports to head off mounting concern that it could flood the market after quotas are abolished next year.
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Increased Chinese steel exports give the industry indigestion.
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U.S. paper mills are a test case for a possible confrontation with China over tariffs on imports of Chinese-made paper.
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The U.S., European Union and Canada said they planned to ask the W.T.O. to investigate whether China has unfairly raised tariffs on imported auto parts.
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As learned from the Ministry of Commerce China will honor all of its commitments on key sectors from and after 2005. China will reduce its tariff to 10.1 percent on average in 2005 in line with its promise to the World Trade Organization.
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China's voracious demand for steel has tempered of late, stoking fears of industry oversupply and falling prices as China becomes a net exporter of steel, its domestic demand slows down and global steelmaking capacity rises, the Wall Street Journal said on Thursday.
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The United States, the European   Union and Canada are expected to ask the World Trade   Organization on Friday to decide whether China is restricting   imports of foreign auto parts in violation of international   rules, U.S. and EU officials said on Thursday.
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China plans to let foreign companies take stakes in local television production companies, in a move giving international media companies better access to the world's biggest market.
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The Commerce Ministry in China announced Sunday night that it would impose tariffs on some textile exports, a step that could avert a trade war with the United
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The Senate is likely to pass a bill  aimed at forcing Beijing to change its currency policies by  threatening a 27.5 percent tariff on Chinese exports to the  United States, a top Republican senator said on Thursday.
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China will consider adopting measures to protect its interests and those of its trading partners once global textile quotas are scrapped at the end of this month, a government spokesman said on Friday.