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Subsidies are an old Chinese practice that is causing new headaches. The European Commission is poised to launch a big trade case against China over state credit given to telecom equipment manufacturers, according to the Financial Times. Yet, the companies in question, such as Huawei and ZTE, are competitive enough not to need such perks. Beijing’s support for national champions makes it easy
Subsidies are an old Chinese practice that is causing new headaches. The European Commission is poised to launch a big trade case against China over state credit given to telecom equipment manufacturers, according to the Financial Times. Yet, the companies in question, such as Huawei and ZTE, are competitive enough not to need such perks. Beijing’s support for national champions makes it easy
India insists on equal intra-corporate transfer norms with EU nations
With the row over duties on wine and automobiles between India and the European Union (EU) under the proposed trade pact settled, both sides have now locked horns over liberalising services trade.
S R Rao is new commerce secy, Bahuguna agri secy
The government on Monday appointed S R Rao as commerce secretary, in place of Rahul Khullar, who was made chairman of the Telecom Regulatory Authority of India after he retired earlier this month.
The government on Monday appointed S R Rao as commerce secretary, in place of Rahul Khullar, who was made chairman of the Telecom Regulatory Authority of India after he retired earlier this month.
`Huawei, ZTE face EU heat on subsidies`
The European Union is set to launch a major trade case against China’s biggest telecom equipment makers, arguing that they have benefited from illegal government subsidies, The Financial
World stocks inch higher on Greek vote hopes
European markets posted modest gains Monday morning after weekend opinion polls strengthened hopes that Greece might stick with the euro and austerity measures.
European markets posted modest gains Monday morning after weekend opinion polls strengthened hopes that Greece might stick with the euro and austerity measures.
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