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China will raise export tariffs on certain rare earths in 2011, said a statement on the website of the Ministry of Finance (MOF) Tuesday. From Jan. 1, 2011, China will adjust tariff rates on certain exports and imports and the changes have been approved by the State Council, or the Cabinet. The statement, however, did not specify what types of rare ...
CHINA's exports grew by 34.9 per cent year on year in November to US$153.33 billion, while the nation's imports surged by 37.7 per cent to $130.43 billion, according to the General Administration of Customs (GAC). China's trade surplus declined to $22.89 billion in November, down from $27.1 billion in October, reports Xinhua. The higher-than-expe...
Australia's business conditions in November remained soft and confidence dipped for the third consecutive month, according to the National Australia Bank (NAB) monthly business survey released on Tuesday. The survey showed business conditions and confidence were below their long-term averages in November while profitability has rebounded slightly. ...
Ford Motor said Monday it will begin construction on a new plant in Nanchang City, capital of east China's Jiangxi Province, next year. The plant will begin operations in 2013, Ford Asia-Pacific and Africa President Joe Hinrichs said at a meeting with Jiangxi Governor Wu Xinxiong. Hinrichs did not give further details concerning the plant. Ford...
Minister of Industry Tony Clement announced here on Monday a major investment in a one-billion-Canadian dollar (992-million-U.S. dollar) research and development project by Pratt & Whitney Canada Corporation. The investment is expected to create and maintain an average of more than 700 highly skilled jobs during the project work phase and more than ...
Two leading car makers across the Taiwan Strait established a joint venture Tuesday in east China's Zhejiang Province. Dongfeng Motor, a leading auto maker in the Chinese mainland, and Yulong Motor in Taiwan, have jointly invested 3.4 billion yuan (510 million U.S. dollars) to build Dongfeng-Yulong Motor Co., Ltd. based in Hangzhou City, capital of Zhe...
Mexican auto exports registered a 24.7 percent increase and a 17.5 percent increase in production year on year in November, the Mexican Automotive Industry Association (AMIA) said in a statement Monday. Auto export has become one of the key factors behind Mexico's 2010 export boom, accounting for more than 19.5 billion dollars, more than traditional se...
China said Tuesday it regretted a World Trade Organization (WTO) ruling Monday that said a punitive United States tariff on Chinese tire imports is consistent with global trade rules. China is deeply concerned about the effect the tariff has on the Chinese tire industry, said an unnamed official at the Treaty and Law Department of the Ministry of Commer...
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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