China's trade minister Zhong Shan says Beijing doesn't want a trade war and will not start it first but can handle any challenge
1 min read11 Mar 2018Zhong Shan says there would be no 'stagnation' to Beijing's reform and opening-up process, and pledges China would 'fully become a strong business and trade country before 2050'
1 min read31 Dec 2017Indian embassy clarifies that no fresh anti-dumping duties have been imposed, as they were already in force after decisions over a course of five years
2 min read25 Aug 2017President Xi Jinping's friend He Lifeng has been appointed director of NDRC, which sets macroeconomic policy while Zhong Shan will lead the ministry of commerce
1 min read24 Feb 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared