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China terms carbon tax protectionism

Source: United Press International

Beijing : China | 2 months ago

0 0

China says a proposed carbon tax on imported goods from countries without stringent environmental laws would violate World Trade Organization rules. Expressing his government's firm opposition to any such tax, Chinese Assistant Finance Minister Zhu Guangyao said it would amount to trade protectionism,...

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Related Allvoices Contributions

My Analysis About China

By: intellectual

I was recently in China and I too was dazzled by the modern-day miracle. China will soon surpass Japan, its neighbour and historical adversary, as the second biggest economy in the world. If the economy continues to grow at its present rate it will not be long before it surges past that of the United States. A sustained growth rate of eight ...

20 days ago
Obama meets Wen as China visit winds down

By: azhar12

BEIJING – U.S. President Barack Obama continued courting China in talks with Premier Wen Jiabao on Wednesday, opening an opportunity to press him on the economic and currency strains that have shadowed his goodwill visit.Obama's first trip to China has been a mix of goodwill displays toward its sometimes wary people and leaders and closed-...

19 days ago
China to keep yuan weak till crisis

By: ahadsarkar

China to keep yuan weak till crisis China will maintain a weak yuan until its export sector has recovered from the global crisis, prioritising concerns at home despite growing pressure from its major trading partners, analysts say.The United States and European Union have been pushing ...http://www.saudigazette.com.sa/index.cfm?method

about 1 month ago
Vietnam GDP to grow by 6.8 per cent in 2010.

By: northsunm32

With the turnaround in the economy Vietnam is already facing an inflation problem and is beginning to raise interest rates to slow it down. Vietnam has also adjusted the exchange rate on the dong -the Vietnamese currency--to a record low level vis-a-vis the US dollar. Although this will increase the burden of debt payments ...

11 days ago
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News Stories

Reading Beijing's CO2 runes | Ian Katz

News Source: The Guardian | 2 months ago

The world waits It could be the most crucial question we face today: just what is China's climate change strategy? What is China playing at on climate change? That may be the most important question in the world right now, thanks alone to its status...
How yuan can become a global currency

News Source: The Economic Times | 2 months ago

With the rapid economic ascent of China, the explosion of the global crisis, and the discrediting of the U.S. and European financial models, there has been growing speculation on the future role of China's currency, the yuan. U.S. dollar as a reserve...
China think-tank bleak on global climate goal

News Source: International Business Times | 2 months ago

An international goal to limit global warming to no more than 2 degrees Celsius appears unreachable even if China embarks on a vast effort to tame its growing greenhouse gas emissions, a Beijing think-tank has said. The report cast doubt on the...
Chinese government adviser warns that 2C global warming target is ...

News Source: The Guardian | 2 months ago

Don't expect China to keep global warming below 2C, a senior government adviser warned in Beijing today at the launch of an influential report on the nation's prospects for low-carbon growth. Even in a best-case scenario with massive investment in...
China growth path could exceed planet's resources

News Source: Lexington Herald-Leader | 2 months ago

If China's economy continues to expand rapidly and rely heavily on coal and other fossil fuels until the middle of the century, its power demands could exceed what the entire planet can withstand, according to a study by government think tanks...
China terms carbon tax protectionism

News Source: United Press International | 2 months ago

China says a proposed carbon tax on imported goods from countries without stringent environmental laws would violate World Trade Organization rules. Expressing his government's firm opposition to any such tax, Chinese Assistant Finance Minister Zhu...