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Chinese Minister of Commerce Chen Deming said Tuesday that trade between China and the European Union (EU) is balanced and healthy. Chen told a news briefing for the third High-Level Economic and Trade Dialogue (HED) that the China-EU economic and trade relationship had recovered to the level prior to the international financial crisis in 2008. Chen...
Shanghai: China’s biggest steel producer, Baosteel, is expected to announce that exports for 2010 exceeded 1.4m tons – with ship plate accounting for almost 60% of the total volume. The producer had exported 1.357m tonnes of ship plate in 2009 which it stated accounted for 7.8% of the domestic market. Baosteel ramped up steel plate productio...
BEIJING - China expects the European Union (EU) to make "substantive" progress in a wide range of concerning issues including loosening restrictions on hi-tech goods exports, said Chinese Vice-Premier Wang Qishan. "China is taking a proactive fiscal policy and stable currency policy, while the EU is actively taking measures to combat the debt crisis. Ch...
Flash consumer confidence for the euro area dropped in December after six months of improvement, the European Commission said on Monday. The consumer confidence indicator dropped from -9.4 in November to -11.0 in December, according to the monthly survey conducted by the European Commission. Confidence of consumers among the 27-member European Union...
Thirty-two percent of Hong Kong' s total exports to the Chinese Mainland were for outward processing in this year's third quarter, according to statistics of the Census and Statistics Department released on Monday. Meanwhile, 48 percent of Hong Kong's imports from the Chinese Mainland were related to outward processing. In the January-September p...
International seaborne trade contracted by 4.5 percent in 2009, while the deliveries of new vessels in the same period grew by 42 percent, indicating a slow recovery ahead, the United Nations Trade and Development Conference (UNCTAD) said Monday in a report issued here. The Review of Maritime Transport 2010 analyzed figures from 2009 to mid-2010, warnin...
Boeing Co. announced on Monday that it will deliver a satellite communications system to Mexico under a one-billion-dollar contract. The system, known as MEXSAT, will consist of three satellites, two ground sites, associated network operations systems and reference user terminals, Boeing said in a statement. MEXSAT will provide secure communications...
The government of Macao Special Administrative Region (SAR) will closely work with relevant departments of China's central government in order to expand and stabilize Macao's commodity supply from the Chinese mainland, the SAR Chief Executive Chui Sai On said on Monday. Chui made the remarks at a cocktail reception celebrating the 11th anniversary of ...
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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