A | (ECNS) -- Regional supermarket chain Pang Dong Lai will close its flagship branch in Xuchang, Henan Province, in December 2026 after a rental dispute, founder Yu Donglai announced Sunday. Yu said some employees failed to sign lease agreements in 2015, leading to sharp rent increases for several tenants. Though they represented only a small share of the store, he stressed the issue violated the company's principles of fairness and integrity. The Xuchang store, opened in 2002 as Pang Dong Lai's first large‑scale complex, generates about 2 billion yuan ($280 million) in annual sales and more than 100 million yuan in profits. The company previously closed its Xinxiang store in 2015 after rent tripled, later reopening at a new site with government support. Facing rising rents, Pang Dong Lai is increasingly investing in properties it owns itself. Its Xuchang Mengzhicheng project, the company's largest single investment, involves nearly 6.5 billion yuan in construction and renovation costs, funded entirely with its own capital and without bank loans. Covering 575,900 square meters, the project will include department stores, restaurants, hotels and other businesses, and is expected to open in September 2029. (By Gong Weiwei) 
。 (ECNS) -- China's Ministry of Commerce on Monday announced a preliminary ruling in its anti-dumping investigation into pecans imported from Mexico and the United States, deciding to impose provisional anti-dumping measures in the form of cash deposits starting Tuesday. The investigation was launched on Sept. 25, 2025. A spokesperson for the ministry said that since the case was filed, it has conducted the investigation in strict accordance with relevant Chinese laws and regulations as well as World Trade Organization (WTO) rules. Several Mexican companies participated in the investigation, while no U.S. companies responded. According to the preliminary ruling, the investigating authority determined that pecans from Mexico and the U.S. were being dumped into the Chinese market, causing substantial injury to China's domestic pecan industry, and that a causal link existed between the dumping and the injury. In accordance with China's anti-dumping regulations, the ministry decided to impose provisional anti-dumping measures, the spokesperson said. Dumping margins for Mexican companies were set at between 17.8% and 51.6%. As no U.S. companies participated in the investigation, the dumping margin for all U.S. companies was set at 54.3% based on available facts, in accordance with Chinese law and WTO rules. The spokesperson said China has consistently exercised prudence and restraint in the use of trade remedy measures and remains firmly committed to safeguarding fair and free trade. The ministry will continue the investigation in accordance with the law, fully protect the rights of all interested parties, and issue an objective and fair final ruling based on the investigation findings, the spokesperson added. (By Tang Yuxian) 。
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