China considering new rules for its companies listed abroad is not new news and should not impact older internet properties like Sina.
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Under world trade rules, China is perfectly justified in subsidizing solar industry to grow domestically.
The phase out is written into the WTO rules and China and India would not agree to a delay.
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They also gain access to a branch network and client list they could never afford to replicate, even after World Trade Organisation rules force China to open its domestic banking market fully from end-2006.
So where China is playing by those rules, recognizing its new role, I think this is a win-win situation.
China recently published sweeping new rules that require Internet companies to apply for a licence and hold them responsible for illegal content carried on their websites.
"Both candidates, they made it clear that they want to treat China as a partner and that they want China to play by the rules, " Wang said.
But I actually think in terms of a strategic outlook, it remains the same -- which is both of our nations deeply engaged with China as it rises and we want to see China rise into the global rules-based order.
So while, as Ben said, the EAS is not a forum in which countries will adjudicate or prosecute their particular claims, it is a forum in which they can discuss these principles and give encouragement to the ongoing diplomatic process between ASEAN and China that seeks to establish rules under a code of conduct that would govern behavior and prevent 24:13.
Recently, China has been using local content rules to help build its clean energy sector.
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In October, the China Securities Regulatory Commission introduced new rules relaxing restrictions on securities companies offering wealth-management services.
"The big picture is that China is continuing to relax the rules governing the domestic gold market, " said Martin Murenbeeld, chief economist of DundeeWealth Inc.
With new capital rules looming, and China's banking system grappling with slowing profit growth and the potential for more bad loans, the ICBC sale appeared inevitable, they said.
And as it relates to China, we're going to continue to work cooperatively with the Chinese where we have common interests and where we have differences, particularly as it relates to making sure that China is living up to the rules of the road.
To keep investors on board, China will have to play by the rules or risk losing investor confidence.
However, China cannot subsidize exports under world trade rules.
Hong Kong's Hang Seng Index fell 0.1% to 22337.49, as banks dropped following the China Banking Regulatory Commission's tighter rules on wealth-management products, which is expected to restrain smaller banks' earnings growth.
As it does, China will once again re-write the rules for competing in the global economy.
Indeed, one could argue that the intense economic interdependence and shared prosperity among China and its neighbors (including Japan) rules out any realistic possibility of warfare within the region.
As for the WTO itself, bringing China in would not only open up what is potentially the world's biggest consumer market, but it would also ensure that China does not stand aloof from the trading rules that govern commerce in the globalized new century.
China's state planning commission last week issued rules banning companies whose debt exceeded 90% of assets from issuing bonds.
One movie industry expert in China said that due to the lack of clear rules, the amount of a tax any studio has to pay may depend on its ability to negotiate with China Film Group.
What if foreign competitors, from China and India, for example, keep changing the rules?
In my years in China, I have learned that there are only two rules.
The rules had been unpopular with the US, China and India among others.
The China Banking Regulatory Commission has warned banks to stick to rules on mortgages for second homes, which require a down-payment of at least 40% of a property's value.
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The stock sale, Goldman's sixth since 2009, completes the firm's exit from China's biggest lender ahead of new international capital rules that ratchet up the cost of holding stakes in other financial companies.
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