Tag Archives: china

Britains Cameron defends GSKs business practices in China

Britains Cameron defends GSKs business practices in China

SHANGHAI — British Prime Minister David Cameron on Tuesday mounted a robust defense of GlaxoSmithKline’s (GSK.L) business practices in China — where it is being investigated for alleged bribery — calling the firm «very decent».

Cameron’s intervention came a day after he raised GSK’s situation with China’s top leadership in a move one person familiar with the conversation said was designed to draw a line under the company’s woes and ensure it was treated fairly.

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China says U.S. should stop new dumping probe on solar products

China says U.S. should stop new dumping probe on solar products

BEIJING — China’s commerce ministry called on the United States on Sunday to stop anti-dumping investigations into imports of solar power products from China, expressing «serious concern» and vowing to defend its producers.

U.S. trade officials on Thursday opened investigations into imports of certain solar power products from China and Taiwan, a move that could have a major impact on the nation’s fast-growing solar market.

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IBMs CEO visits China for trust-building talks with govt leaders: sources

IBMs CEO visits China for trust-building talks with govt leaders: sources

BEIJING — A slide in IBM Corp’s (IBM.N) sales in China amid a broad backlash against claims of U.S. government spying has triggered a rare visit to Beijing by Chief Executive Officer Ginni Rometty.

The head of the world’s biggest technology services company arrives in China’s capital on Wednesday for three days of meetings with government leaders, according to people familiar with her visit. Read more »

Wal-Mart to upgrade China vendor compliance after state TV criticism

Wal-Mart to upgrade China vendor compliance after state TV criticism

HONG KONG — U.S. retailer Wal-Mart Stores Inc (WMT.N) said on Wednesday it will upgrade its vendor compliance process in China, requiring more documentation and making use of a computer-based system to help suppliers manage associated paperwork.

The announcement came after state-owned China Central Television (CCTV) criticized the world’s No. Read more »