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China's Ministry of Commerce (MOC) said on Thursday it was "highly concerned" about the U.S. request for the World Trade Organization (WTO) to investigate allegedly illegal Chinese subsidies on wind power equipment makers. China's measures to promote wind power development comply with WTO rules, an unnamed MOC official said in a statement on the minis...
TRADE between China and Russia is expected to be in the range of US$55 billion to $57 billion by the end of the year, according to a Russian trade official. Sino-Russian trade rose by 43.4 per cent in the first 10 months of the year compared to the same period in 2009 to $45.1 billion, reports China Daily. It cited Russian government figures as show...
Farm-commodity prices including corn will extend rallies next year, driven by increased demand from emerging markets including China, Bloomberg News reported Wednesday, citing Rabobank Groep NV. There was "rampant demand" for agricultural commodities from China, and rising corn prices may drive gains in other grains, according to a report from analysts ...
China will boost coal imports from Russia to 15 million tons a year in the next five years, Bloomberg News reported Wednesday, citing Russia's Interfax. The volume may rise to at least 20 million tons a year over the subsequent 20 years, the report cited Russia's ambassador to China, Sergei Razov as saying. China currently imports 12 million tons a ye...
BEIJING - China's foreign trade is expected to slow down in 2011 to a growth rate of about 10 percent, compared with this year's 30 percent, sources with the Ministry of Commerce said. Huo Jianguo, director of the Chinese Academy of International Trade and Economic Cooperation with the ministry, made the prediction on the sidelines of the annual comme...
It has been a tough year for the European Union (EU), which is mired in a sovereign debt crisis while struggling to emerge from the global financial crisis. As a result, the 27-nation bloc's fragile economic recovery is in question. The year-long drama, which has yet to reach its final act, posed the most grave challenge to the euro since the single cu...
China will raise gasoline and diesel prices 310 yuan (about 46 U.S. dollars) per tonne and 300 yuan per tonne, respectively, beginning Wednesday, the National Development and Reform Commission(NDRC) announced Tuesday. The is the second increase in fuel prices in two months after the NDRC raised the price of gasoline by 230 yuan and diesel by 220 yuan in...
Government negotiators on behalf of the United States, Brazil, Canada, Japan and the European Union have agreed in principle on new terms for state financing to support the export of commercial aircraft, the Paris-based Organization for Economic Cooperation and Development (OECD) said Wednesday in a statement. "The proposed terms would move fees closer ...
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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