Topic “China” — Exporter Magazine

The air conditioner, independently developed by Gree, mainly uses solar power, using normal electricity only when solar power is inadequate, said Huang Hui, chief engineer of Gree Electric Appliances. A panel at the Geneva-based trade group on Monday said it agreed that the US was justified in slapping a 35% tax on Chinese tyres under WTO provisions that let countries protect local industries and workers from sharp increases in Chinese imports. According to the State Administration for Industry and Commerce (SAIC), China will have the seventh highest number of registrations with the Madrid System once it files 200 more applications. Of the 35 major cities surveyed, property prices in eleven including Beijing and Shanghai were between 30 and 50% above their market value, ChinaDaily said, citing the Chinese Academy of Social Sciences. The Chinese Academy of Social Sciences also forecast that inflation would remain moderate, with the consumer price index rising 3.3% next year, up a touch from an expected 3.2% this year. Marlous Kuiper, the head of alcoholic drinks research at Euromonitor told BeverageDaily.com that emerging markets were less affected by the recession and those that were affected bounced back much quicker that the developed markets.