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WASHINGTON - The Bush administration is imposing further trade sanctions against China, South Korea and Indonesia in a dispute involving glossy paper. The decision, announced Wednesday by Commerce Secretary Carlos Gutierrez, came a week after US and Chinese officials met for a second round of high-level talks aimed at lowering trade tensions between the two nations. "This administration continues to aggressively and transparently enforce our trade laws to ensure a level playing field for American manufacturers, workers and farmer," Gutierrez said in a statement announcing the decision. In the new ruling, the government determined that imports from the three countries of glossy paper - used in art books, textbooks and high-end magazines - were being sold in the United States at less than fair value, a process known as dumping. The dumping penalties will be collected immediately although they will not become final until this fall after further investigations are conducted. The preliminary dumping penalty for the paper products from China ranged from 23.19 percent to 99.65 percent. The dumping penalty imposed on imports of glossy paper from Indonesia was 10.85 percent while the penalty on South Korean imports ranged as high as 30.86 percent. These dumping penalties will be imposed on top of economic sanctions levied in March after the administration found that paper companies from those three countries were receiving improper government subsidies that allowed them to undercut the price of American producers. The March decision reversed 23 years of US trade policy by treating China, which is classified as a nonmarket economy, in the same way other US trading partners are treated in disputes involving government subsidies. The paper case was brought by NewPage Corp., a Dayton, Ohio-based paper company which contended that its coated paper was facing unfair competition because of the government subsidies and sale of imports at unfairly low prices. The government trade sanctions have received the support of the United Steel Workers union, which represents about 90 percent of the workforce in the US coated paper industry. The glossy paper is produced at 22 paper mills in 13 states. The penalties in the case involving government subsidies are known as countervailing duties. In that case, the trade sanctions ranged as high as 20.35 percent for Chinese glossy paper imports, 1.76 percent for South Korean imports and 21.24 percent for Indonesia. Chinese officials denounced the decision in the government subsidies case saying that it went against the consensus of both countries to resolve disputes through dialogue rather than imposing trade sanctions. The second round of the Strategic Economic Dialogue, which was launched by Treasury Secretary Henry Paulson in December, was held in Washington last week. Paulson and Chinese Vice Premier Wu Yi announced a series of modest agreements including the boosting of airline flights between the two nations. But they failed to make progress in one of the biggest rade irritants, the value of China's currency, which American manufacturers contended is being kept artificially low against the dollar to give Chinese companies unfair advantages against US firms.

Chengdu - The mention of twice-cooked pork, pickled vegetables and hot pot is guaranteed to whet the appetite of any gourmet visiting Sichuan Province.But a report released by the Sichuan provincial disease control and prevention center may make them think twice before tucking into such delicacies.According to the Report on Sichuan Residents' Nutrition and Health, around 10 million of the 87 million Sichuanese suffer from hypertension.Deng Ying, a leading official at the center, said that the problem is a result of the high levels of cholesterol in the hot pot dishes popular with local people.In addition, the average Sichuan resident's salt intake is 10 g a day, 4 g more than the amount recommended by doctors, Deng said.Li Ping, a doctor at the Sichuan No 5 Hospital in Chengdu, added: "Sichuan people like salty food. For example, pickled vegetables are a regular accompaniment to many families' meals."The latest investigation into the causes of death of Sichuan people, conducted two years ago, showed that chronic lung, cerebrovascular and heart diseases are the biggest culprits."Cerebrovascular and heart diseases are related to hypertension. If high blood pressure is not effectively controlled, it can result in cerebrovascular and heart problems," Deng said.The center's investigation also found that about 2.5 million people in Sichuan are diabetic."The higher a family's income, the higher the incidence of diabetes," Deng said.She attributed the problem to a change in diet. "Most people like eating meat rather than potatoes," she said.According to an investigation in 1992, the average Sichuan person ate 186 g of potatoes a day. But the daily intake has now dropped to 73.9 g, while the daily intake of meat has risen from 63.8 g in 1992 to 91.6 g.The average national meat intake is 78.6 g a day, Deng said.Many hypertension and diabetes sufferers are elderly urban residents."Older people know less about the right way to eat. They usually consider meat as good food," said Huang Suzhen, a chef in Chengdu.But the provincial disease control and prevention center found that most people below 40 are indifferent to the idea of changing their eating habits to prevent chronic diseases. Almost all those who consider chronic diseases problematic are above 50 and have already contracted such diseases."Many young people do not care about the right diet. They think they will be healthier if they eat more meat," Huang said.According to Deng, many young people did not know they were suffering from hypertension when the center conducted the investigation.Deng suggested people eat more potatoes, fruit and vegetables, take a proper amount of meat, milk and eggs, take less salt and quit smoking. "Taking more exercise is also important," she said.The investigation by Deng's center is the largest probe into the province's nutrition and health situation.The study, launched five years ago, is part of the fourth national nutrition and health investigation sponsored by the Ministry of Health, the Ministry of Science and Technology and the National Bureau of Statistics.

BEIJING -- China's central bank admitted on Wednesday that the country is coming under increasing pressure from price hikes, and acknowledged inflation risks are "worthy of attention".The People's Bank of China said in its second-quarter monetary report published on Wednesday that the current rising prices were not solely caused by accidental and temporary factors, adding that inflation risks were on the rise.It warned that the price hikes of food products could spread to other consumer products.The report identified four reasons behind the increasing risk of inflation.It said prices for grain and meat products would not fall in the short term and uncertainties over the autumn harvest were aggravated by the ongoing drought.Meanwhile, the demand for grain is increasing from both the public and the bio-fuel industry.The meat prices would probably continue to rise in the long term owing to the rising feeding costs and the short supply, which would not be replenished in the short term due to the breeding cycle of pigs, and the price hikes of meat could easily spread to other food products, the report said.Prices of energy and resources are under pressure as the world petroleum price has climbed to an even higher level and the domestic pricing reform of resources and the country's environmental protection efforts would also push the prices higher, it said.The report also said labor costs were rising which would eventually raise the prices of consumer products.People's anticipation of inflation had been enhanced, and it would put further pressure on price hikes, according to the report.A survey by the central bank in the second quarter showed that 40.2 percent of those interviewed, the second highest record since 1999, said they were worried about inflation.China's consumer price index (CPI) rose 3.2 percent in the first half of this year, and the growth rate was 1.9 percentage points higher than the year-earlier level.Price hike for foodstuffs, mainly grain, meat and fowl and eggs, contributed significantly to the rise. Statistics show that foodstuff prices rose 7.6 percent, with grain price up 6.4 percent, egg price up 27.9 percent and prices for meat and fowl as well as related products up 20.7 percent in the first half.

China Railway Construction Corp. (CRCC), the country's leading rail builder, may raise as much as 22.25 billion yuan (3.1 billion U.S. dollars) in its initial public offering (IPO) in Shanghai.     In a statement to the Shanghai Stock Exchange late Sunday, the state-owned company said it has cut the number of A shares it is offering to 2.45 billion from 2.8 billion after reconsidering its capital demand.     The 2.45 billion shares represent 23.44 percent of CRCC's outstanding capital. The firm had built nearly 34,000 kilometers of rails by the end of 2006, more than half of all the rail links built nationwide since 1949.     On Feb. 14, CRCC was given green light by the China Securities Regulatory Commission to issue no more than 2.8 billion A shares on the Shanghai Stock Exchange.     The IPO price range was set between 8 to 9.08 yuan and it translated into 26.92 to 30.56 earnings multiples after the domestic share sale, according to the statement.     The company would start to receive from institutional investors orders for its 612.5 million shares, or 25 percent of the offering, on Feb. 25 and 26. The retail investors would be able to subscribe for the remaining shares on Feb. 26, the statement noted.     CRCC also planned to sell no more than 1.71 billion H shares in Hong Kong.     The company established its name by building the Qinghai-Tibet railroad, Shanghai maglev rail line and the Beijing-Kowloon railway. It also took the largest share in the bidding for the construction of the express railway linking Beijing and Shanghai.     Its total assets amounted to 155 billion yuan (21.7 billion U.S. dollars) by the end of November 2007, with net profit reaching 2.8 billion yuan (391.8 million U.S. dollars).