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China will appeal a World Trade Organization ruling that ordered it to ease restrictions on imports of movies, music and books in a case brought by Washington, a Commerce Ministry spokesman said Monday.
China's foreign direct investment fell in April for a seventh month as companies cut back amid the global financial crisis, the Commerce Ministry said Friday.
China defended its rejection of Coca-Cola Co.'s attempt to acquire a major Chinese fruit juice maker, denying Thursday the decision was protectionist.
Foreign direct investment in China rose 23.6 percent in 2008 to $92.4 billion but growth declined in the final months of the year, a state news agency reported Friday, citing a Commerce Ministry spokesman.
Foreign investment in China rose 38.3 percent in February from a year ago to $6.9 billion, the Commerce Ministry reported Wednesday.
China's auto exports soared in the first 10 months of the year, according to Commerce Ministry figures, but revenues from passenger car sales overseas are lagging due to falling prices, reports said Wednesday.
China strongly opposes U.S. charges it is unfairly subsidizing the manufacture of its steel pipes and woven sacks for export, the Commerce Ministry said Wednesday, in a further sign of trade friction between the countries.
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