China will continue rare earth export and regulate export quotas according to World Trade Organization rules, said the Ministry of Commerce on Tuesday. China announced its first batch of 2011 rare earth export quotas at 14,446 tonnes at the end of 2010. The full-year quotas are under discussion and will be announced timely, said Yao Jian, a spokesma...
Canadian international trade minister Peter Van Loan announced Monday the launch of the sixth round of negotiations toward a comprehensive economic and trade agreement between Canada and the European Union. This round of talks is scheduled to continue until Friday in Brussels. The negotiations will involve about 100 Canadian federal and provincial n...
Global foreign direct investment (FDI) inflows remained stagnant in 2010 at an estimated 1,122 billion U.S. dollars, comparing to 1,114 billion dollars in the previous year, representing a 0.7 percent growth, announced United Nations Conference on Trade and Development (UNCTAD) here on Monday. "We have seen the global economic recovery, we have seen tha...
Nearly eight percent of Chinese companies are intending to invest in Canada within the next three years, according to a survey released Monday, with about half of those polled expressing an interest in the North American manufacturing sector. In the report "China Goes Global 2010" conducted by the China Council for the Promotion of International Trade p...
The world economy returned to solid productivity growth in 2010, as the gross domestic products (GDP) in most countries recovered strongly from the financial crisis and economic downturn, while employment lagged behind, the Conference Board, a leading independent global business membership and research association, announced on Monday. "While advanced r...
The Chinese yuan strengthened to a record high against the U.S. dollar Tuesday to reach 6.5891 per dollar. The central parity rate of the Chinese currency, also known as the renminbi (RMB), was five basis points lower than last Friday's 6.5896, according to the China Foreign Exchange Trading System. China's central bank announced in June 2010 it w...
The weekly average prices of the Organization of Petroleum Exporting Countries (OPEC) continued to increase by 2.34 U.S. dollars last week after it got above 90 dollars, reaching 93.30 dollars per barrel, the Vienna-based cartel said Monday. OPEC weekly oil prices kept increasing for seven consecutive weeks. During last five trading days, OPEC oil price...
Chinese and U.S. businesses Monday signed six agreements worth of 600 million U.S. dollars in Texas, one day ahead of Chinese President Hu Jintao's state visit to the United States. The agreements were signed during a visit to Texas by the Chinese business delegation led by vice commerce minister Wang Chao. The deals include two cotton import agree...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
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