BRUSSELS -- Any policy tools introduced and adopted by the European Union (EU) institutions shall "ensure legal certainty for the business community, and openness and fairness in the market," the China Chamber of Commerce to the EU (CCCEU) has said.
"They should avoid having a discriminatory impact on foreign companies, or leading to new distortions by offering privileges to EU locally owned companies, for instance in acquisition transactions or procurement processes," said Xu Haifeng, Chairman of CCCEU, in a statement. He added the chamber's members "would appreciate that the European market could remain open, competitive and fair." (China-EU-Subsidies)
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BEIJING -- China's road cargo transport registered solid growth in the first half of this year, official data shows.
The road freight volume amounted to approximately 18.48 billion tonnes in the January-June period, up 29 percent year on year, according to data from the Ministry of Transport. (China-Road Cargo-Growth)
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CHICAGO -- Chicago Board of Trade (CBOT) agricultural futures fluctuated and closed mixed in line with weather forecast in the past week, said Chicago-based research company AgResource.
As CBOT will shift from being weather driven to being demand driven soon, AgResource maintains a bullish outlook for agricultural futures based on surging world demand, with record high freight rates being the testament of this demand. (US-Agricultural-Futures)