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China will take further action to boost intellectual property rights (IPR) protection and improve its investment environment to shore up cooperation with the European Union (EU), a senior official said. The remarks were made by Vice Chairman of the National Development and Reform Commission Xu Xianping prior to Vice Premier Li Keqiang's visit to Spain,...
U.S. steel imports declined 5.5 percent in November from October, largely because of weak demand from Mexico, according to the American Institute for Imported Steel. “Weak market conditions in November affected shipments especially from our NAFTA partner, Mexico,” said AIIS President David Phelps. “Weak market conditions in late summer...
Although the weekly average prices of the Organization of Petroleum Exporting Countries (OPEC) continued to increase at the last week of 2010, it maintained below 90 U.S. dollars, representing 89.89 dollars per barrel, the Vienna-based cartel said Monday. OPEC weekly average price kept increasing for the fifth week last week, which also has hit a new re...
Measuring global trade in line with the principle of "the country of origin" fails to reflect the complexities of global commerce where the design, manufacturing and assembly of products involves several countries, experts said. "It is not always true that goods exported by a country are wholly made by that country," said Tu Xinquan, associate director ...
The number of futures contracts traded on Chinese exchanges rose 45.22 percent in 2010 compared with 2009, the China Futures Association (CFA) said Sunday. The volume of contracts traded on China's futures markets reached 3.13 billion contracts in 2010, the CFA said in an emailed statement. Turnover, or the value of the traded contracts, jumped 136...
The Hong Kong, China - New Zealand Closer Economic Partnership Agreement (CEP Agreement), which is tantamount to Hong Kong's first free trade agreement with a foreign economy, will enter into force on Saturday, a spokesman of the Hong Kong Special Administrative Region government said on Friday. The CEP Agreement, signed on March 29, 2010, covers a wid...
The year 2010 comes to a close with a recovery of maritime transport in Latin America, following substantial losses in 2009 due to a global financial crisis, but business could further grow if companies increase business with Asia, said ship companies. Juan Carlos Pardilla, manager for the Caribbean section of the Danish ship company Maersk Line, discus...
Outgoing Brazilian President Luiz Inacio Lula da Silva Thursday commended the country's record-high exports this year, as a sign of economic strength. In 2010, Brazil acumulated an export volume of 197.99 billion U.S. dollars as of last week, surpassing the previous peak of 197.94 billion U.S. dollars in 2008, according to official figures. "Two we...
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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