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China's Ministry of Commerce (MOC) announced Tuesday it is to extend an anti-dumping investigation into carbon steel fasteners imported from the European Union.

The investigation would be prolonged by six months to June 29 next year because "the situation in this case is quite special and complicated," said a brief notice on the MOC website without further explanation.

The MOC started the a
As the government strives to cool China's excessive asset prices, foreign exchange regulators have stepped up measures to curb the cross-border flow of capital through illegal foreign exchange transactions.

As of November 31, the State Administration of Foreign Exchange (SAFE), in alliance with other departments, had cracked down on 10 illegal private banks this year, some of which had a maxim
The bank that was robbed on Saturday in Haidian District resumed business Sunday, with the 32-year-old suspect surnamed Han in police custody, according to local Chinese media.

The bank is a branch of Industrial and Commercial Bank of China (ICBC) located on the second floor of a building in Lingnan Road near the Hangtian Bridge.

By Sunday morning, the security fence allegedly kicked down
China will not relax its efforts to sell Chinese products overseas in 2010 and seek a bigger share in the global market, its vice trade minister said yesterday.

China is a "big trading nation" but not yet a "powerful trading nation," Vice Commerce Minister Zhong Shan said.

"China's exports in 2010 will grow, and there's no doubt about that," Zhong said, declining to provide details.

Chin
"Since mid-September, all the trucks transporting our products have been fully-loaded, queuing in a long line outside our company," said Yang Jinfu, manager of a private food oil company.

Yang's company set up a factory at Qinzhou Port Bonded Zone in southwestern Guangxi Zhuang autonomous region seven months ago.

"At first, we came here to look for sales markets. However, such a huge market
A new company was set up Sunday to promote the culture of the world-famous Shaolin Temple in central China's Henan province and the tourism of Songshan Mountain, home to the 1,500-year-old temple.

The CTS (Dengfeng) Songshan Shaolin Culture Tourism Co Ltd was established as a joint venture between the Dengfeng Songshan Shaolin Culture Tourism Group Co Ltd, which is owned by the Dengfeng city g
Gold jewelry sales jumped more than 30 percent over the weekend in Beijing, as bargain shoppers swarmed the city's major jewelry stores on year-end promotions.

In a collective sales campaign after international gold prices fell, stores including Caibai, Gongmei and China Gold reduced the pure gold's price by as much as 9 yuan per gram, with more Christmas-themed jewelry designs for shoppers to

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