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Iron and steel have surpassed petroleum products to become Nepal' s largest imports in the first four months of fiscal year 20010/11 beginning in mid-July, recording a growth of 40.6 percent to 18.99 billion Nepali rupees (some 260 million U.S. dollars). According to Monday's Republica daily, the country has imported iron and steel worth 33.89 billion...
China's foreign trade last year jumped 34.7percent year on year to more than 2.97 trillion U.S. dollars while its trade surplus fell 6.4 percent to 183.1 billion U.S. dollars, the General Administration of Customs (GAC) said Monday. The country's exports grew 31.3 percent year on year last year to 1.58 trillion U.S. dollars while imports surged 38.7 p...
BEIJING - China unveiled a raft of targets for its energy and power sectors on Thursday, revealing a plan for a rapid increase in power generation but a much slower rise in the country's oil refining capacity over the next five years. China faces the challenge of keeping its growing economy fueled while cutting back on its staple fuel, cheap but dirty ...
BERLIN -- China and Germany will ink $8.7 billion worth of business deals during Chinese Vice-Premier Li Keqiang's visit to Germany, Chinese Ambassador to Germany Wu Hongbo said here on Friday. Wu said at a press conference that Li was accompanied by some 120 Chinese business leaders on his current visit. The two sides are expected to sign 11 agr...
BEIJING - China's business climate index, a major measure of the macroeconomic outlook, rose to a three-year high of 138 in the fourth quarter of 2010, indicating economic expansion despite tightening credit, the National Bureau of Statistics (NBS) said on Friday. The quarterly business-climate index gained slightly by 0.1 point in the fourth quarter o...
BEIJING - The State-owned Assets Supervision and Administration Commission (SASAC) of the State Council has called for the engagement of non State-owned capital, including private and foreign assets, in the stake-holdings of listed central government-invested State-owned enterprises (SOEs). "To promote their comprehensive strength in a global market ful...
China's high inflation rate could continue well until the second or third quarter of this year, according to a survey of 56 leading economists. About 21 percent of the economists surveyed said the current high inflation rate may last until the third quarter, while 58 percent of them said that inflation could ease by the second quarter, the Beijing-base...
China National Gold Group Corp., the country's largest gold producer, said Sunday its operating profit in 2010 reached 3.2 billion yuan (471 million U.S. dollars ), more than five times the amount in 2006. Liu Bing, deputy general manager of the company, said at a press briefing the value of the company's total assets had reached 42.2 billion yuan by ...
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.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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