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China's Ministry of Commerce on March 18 rejected U.S. drink giant Coca-Cola Co.'s proposed US$ 2.3 billion takeover of Huiyuan Juice Group,
louboutin, saying the deal violated China’s anti-trust law,
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moncler quincy, said that the deal would give Coca-Cola an inordinately large share of the country’s juice trade, thus hindering other companies from entering the juice market and squeezing the profits of smaller competitors. On March 19, the two companies issued a joint announcement that they were abandoning the deal. Some speculate that the ministry’s rejection will chill overseas investment. The European Union Chamber of Commerce in China called for the release of detailed findings from the ministry’s investigation.
China may provide subsidies of up to 50,000 yuan to buyers of cars powered by alternative energy,
doudoune moncler pas cher, according to Miao Wei,
abercrombie et fitch, vice minister of the Ministry of Industry and Information Technology. Miao said the value of proposed subsidies will run between “10,000 to 50,000 yuan, depending on the energy efficiency of the cars.” The Ministry of Industry and Information Technology and the Ministry of Science and Technology are jointly classifying cars by energy efficiency. Their results are expected in two months.
China’s software outsourcing industry will likely feel pangs of the financial crisis this coming June, according to Chen Shuning, chairman of leading outsourcing company VanceInfo. Chen said that the software outsourcing market's reaction to the financial crisis usually lags nine months behind the real economy. Chen called for government supportive policies to help the industry overcome the difficulties.
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Beijing-based property developer SOHO China Ltd. will seek to acquire completed commercial properties rather than land in the current weak market,
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UNITED NATIONS, Jan. 6 (Xinhua) -- UN Secretary-General Ban Ki-moon said here Wednesday that "Afghanistan will remain one of our main priorities in 2010," and the relations between Afghanistan and its international partners "must be reevaluated."
which had been reviewing the deal since November
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