The Canadian city of Richmond is expecting more Chinese business investment and tourists, Mayor Malcolm Brodie told Xinhua after returning from a recent trip to China. "If businessmen or visitors come from China, I think in Richmond they would feel very comfortable. It is a city of great diversity. Our businesses have ties to China, certainly our retail...
Car imports to Sri Lanka have risen sharply during the last three months, a senior government official said on Monday. Sudharma Karunaratne, director general of Customs told reporters that some 450 to 500 vehicles are being customs cleared daily. Used cars from Japan dominates the island's market. The car import trade had ground to a halt with the ...
The trade between China and African countries will rebound from a year ago and exceed 100 billion U.S. dollars again this year, according to forecast by the Ministry of Commerce (MOC). The MOC data showed trade between China and Africa jumped sharply by 65 percent year on year to 61.2 billion U.S. dollars in the first half of this year. Due to the g...
Australia on Saturday welcomes the U.S. Senate's agreement to ratify the Australia-United States Defense Trade Cooperation Treaty. The Treaty is a significant step forward for practical defense and trade cooperation between Australia and the United States, because Australia will now find it easier to access sensitive U.S. defense technology, after the ...
A computer-driven sale in the value of 4-billion-plus U.S. dollars by a single trader triggered the "flash crash" on May 6, U.S. regulators said Friday. The market crash was caused by a trader's sell algorithm selling off 75,000 stocks in 20 minutes under stress on May 6, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Com...
South Korea has decided to temporarily remove its tariffs on cabbage imports and bring in 100 tons of cabbages from China, a move aimed at stabilizing skyrocketing cabbage prices in the country, the government said Friday. South Korea currently imposes import duty on cabbage at 27 percent with radish duty at 30 percent. They are the main ingredients of ...
Economic officials of China's Taiwan along with 107 Taiwanese company representatives are on an economic mission in Indonesia to promote their products as well as strengthen bilateral trade, the Jakarta Post reported on Friday. "It is my honor to bring 107 delegates to visit Indonesia to enhance mutual cooperation in trade and investment between Taiwan...
China welcomes the final ruling by the World Trade Organization (WTO) expert panel that the U.S. ban on imports of Chinese poultry is inconsistent with WTO rules, said Yao Jian, spokesman of China's Ministry of Commerce (MOC), Thursday. In a statement on the MOC website, Yao said Chinese poultry products were safe and called for the U.S. to conduct fai...
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