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在线翻译:
szdaily -> Business
At a Glance
    2017-October-30  08:53    Shenzhen Daily

Aluminum foil

THE U.S. Commerce Department on Friday set preliminary dumping margins on imports of aluminum foil from China.

The department said in a statement that Chinese exporters of aluminum foil had sold their products in the U.S. market at prices “that resulted in preliminary dumping margins of 96.81 percent to 162.24 percent.” The Chinese Ministry of Commerce has urged the U.S. authorities to implement decisions of the World Trade Organization and appellate bodies and give Chinese exporters fair counter-argument rights. Punitive duties could be imposed after both the U.S. Commerce Department and the U.S. International Trade Commission make affirmative final rulings.

Online loan oversight

THE government is stepping up its oversight of cash loans offered through the Internet amid growing concerns over rapid growth of the industry, a business media report said Saturday.

Caixin quoted Ji Zhihong of the central bank’s financial markets department as saying it has developed with other authorities a special regulation for controlling online financial risk. Ji said the regulation has already achieved some success and China will improve regulations for all online financing businesses.

Baidu, Shouqi in ties

SEARCH engine giant Baidu and Shouqi Limousine & Chauffeur, a car-hailing operator, are teaming up to develop driverless vehicles, Xinhua reported Saturday.

Baidu will provide Shouqi with its Baidu Map service, while Shouqi will help Baidu develop high-precision maps for self-driving cars. Baidu will also offer software and hardware to help the new vehicles navigate using artificial intelligence. Baidu recently signed an agreement with BAIC Group to mass produce level 4 autonomous vehicles by 2021.

 

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