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THERE are three fallacies on the best way to achieving reduction in carbon emissions and the first fallacy is setting regulatory standards, declared Singapore Trade and Industry Minister Lim Hng Kiang. The second fallacy, he said, is believing that regulations provide a reliable indication of the amount of carbon produced, while third is that lower pric...
THE US Export-Import Bank has authorised a record US$24.5 billion in export financing in fiscal year 2010, supporting $34.4 billion worth of exports, according to chairman and president Fred Hochberg. In fiscal 2010, Ex-Im Bank approved 3,532 transactions, of which more than 1,000 companies used the bank's financing for the first time, reports American...
Australia's second-largest oil producer Woodside Petroleum Ltd may strike an initial agreement to supply liquefied natural gas (LNG) to China by the end of 2010, Bloomberg reported on Monday, citing the head of Woodside's China unit. The company is in detailed discussion with Chinese State-owned companies about LNG supply, and is expected to reach key...
BANGKOK - Thailand's parliament on Tuesday discusses the Chinese-Thai joint-investment framework of high speed train project. Although the framework of the 480 billion-baht ($15.4 billion) joint-investment project was already approved by the cabinet on Sept 7, it must gain the parliament's agreement before being discussed with the Chinese government. ...
BEIJING - The Director-General of the World Trade Organization (WTO), Pascal Lamy said that the appreciation of the renminbi would not help to solve world trade imbalance. According to information on the WTO website, he said that it would not enhance the competitiveness of other countries' products and goods. Lamy said the argument about trade imba...
China's crude steel output in the remaining months of 2010 is likely to remain relatively sluggish, with construction activity in northern regions starting to slow, Reuters reported on Tuesday, citing the country's steel industry association. The China Iron and Steel Association, in its regular monthly market report, also said that raw material prices...
NANNING - China wants to expand its energy cooperation with Indonesia, particularly in the clean and recyclable energy sectors, to address energy security and climate change, a Chinese top energy official said Tuesday. Zhang Guobao, head of the National Energy Administration (NEA), made the remarks at the fourth Indonesia-China Energy Forum on the sidel...
Chinese auto parts suppliers are showing increased interest in buying rivals worldwide in a bid to bolster their portfolios ahead of an expected surge in Chinese sales in coming years, Reuters reported on Tuesday, citing a recent study. "They are interested in consolidating within China, but also making acquisitions in Europe and in North America to act...
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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