Monthly Archives: April 2010

Cover of April, 2010

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TABLE OF CONTENTS

1. Cover story

China wheeled: Geely acquires Volvo

2. Economy outlook

MOFCOM’s comments on China’s trade deficit

3. Financial strategy

Great progress made in the second round ECFA talk

4. Legal spotlight

MOFCOM released the final rulings on its first anti-dumping and anti-subsidy investigation

5. Point of interest

21st Macao Arts Festival: Beautiful Arts, Beautiful Life!

6. Portrait

Chief executive of Macao government

7. Remark from editor

Stock market survival 101: technical, fundamental and trustworthiness

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China wheeled: Geely acquires Volvo

Zhejiang Geely Holding Group Co., Ltd. (“Zhejiang Geely Holding Group”), one of the fastest-growing car manufacturers in China, on March 28, 2010 announced it has signed a definitive stock purchase agreement with Ford Motor Company to acquire 100 per cent of Volvo Car Corporation (“Volvo Cars”) and related assets (primarily intellectual property). Continue reading

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MOFCOM’s comments on China’s trade deficit

According to the statistics from the General Administration of Customs, China’s exports were valued at US $112.11 billion in March, up by 24.3 percent year on year, while the imports were up by 66 percent to US $119.35 billion, and the trade deficit were US $ 7.24 billion. This is the first monthly trade deficit for China since May of 2004. Continue reading

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Great progress made in the second round ECFA talk

The Association for Relations across the Taiwan Strait (ARATS) and the Straits Exchange Foundation (SEF) held the second expert-level talks on the cross-Straits Economic Cooperation Framework Agreement (ECFA) in Taoyuan County, Taiwan, on March 31 to April 1. Tang Wei, Councilor of ARATS, headed a delegation to hold talks with SEF Consultant Huang Zhipeng. The two parties deeply exchanged views on the early harvest program, goods trade and services trade in the cross-Straits ECFA, and arrangements for future negotiations. Continue reading

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MOFCOM released the final rulings on its first anti-dumping and anti-subsidy investigations on imports

Ministry of Commerce of China (MOFCOM) released on April 10 final ruling on anti-dumping and anti-subsidy investigations on the Grain-oriented Electrical Steel (GES) imported from the U.S. and anti-dumping investigation on the GES imported from Russia in No.21 Announcement. Continue reading

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21st Macao Arts Festival: Beautiful Arts, Beautiful Life!

Featuring over 70 performances by 25 acts from 20 different countries, including Portugal, Brazil, the United Kingdom, Germany, France, Spain, Finland, Peru, Cuba, the USA, Canada and Australia, this Festival season in May is wonderfully diverse, but would not be complete without the ever-present spirit of performers from Macao on the calendar, as well. Continue reading

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