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HONG KONG - Aluminum Corp of China Ltd, China's biggest aluminium maker, and Europe's Sapa AB said on Wednesday they have agreed to form a joint venture to serve China's rolling stock market. The two companies had signed a memorandum of understanding, and aimed to finalise plans for construction of a facility in southern China by the fourth quarter, ...
BEIJING - The chances of China overtaking the United States as the top foreign direct investment (FDI) destination remain slim in the short term, despite robust momentum in Chinese FDI and the narrowing gap with the US in FDI volume, the United Nations Conference on Trade and Development (UNCTAD) said on Thursday. But China is likely to continue as the ...
CHANGCHUN - Chinese auto manufacturers are eyeing opportunities in Russia as that country witnesses a recovery in its domestic automarket, an industry insider said Tuesday at a major auto show in Northeast China. Fu Jianguang, district manager of the Great Wall Motor Company Limited, said that Russia is considered one of the most important overseas mark...
The 800th Boeing aircraft to be sold to China -- a next-generation 737-800 -- has been delivered to Air China. The milestone was marked by officials from Boeing, the Civil Aviation Administration of China (CAAC) and Air China Tuesday in Seattle, in the U.S. state of Washington, where the U.S. aviation giant is headquartered. "Boeing and China have h...
The European Union said Wednesday it will appeal a WTO ruling that Airbus received illegal state aid from EU member states. "The EU has today lodged its appeal with the WTO Appellate Body on the panel report concerning Airbus support (DS316) issued on 30 June 2010," the European Commission, the EU's executive arm, said in a statement. "While the re...
BEIJING - China's Ministry of Commerce (MOC) announced Wednesday it is to review the anti-dumping measures imposed five years ago on trichloroethylene (TCE) imported from Russia and Japan. The MOC would also examine the possibility of a recurrence or continuity of dumping actions and damages if the anti-dumping measures came to an end, said a statement...
Cloud computing is set to be the core technology for the country's Next-Generation Broadcasting (NGB) networks as well as in the convergence of the country's telecommunications, Internet and broadcasting industries, Economic Information Daily reported Friday, citing a government official. Sun Chuan, deputy head of the technology department of the Stat...
China may spend about 5 trillion yuan ($738 billion) in the next decade developing cleaner sources of energy to reduce emissions from burning oil and coal, a government official said. The government will submit plans to develop cleaner energy, including nuclear power and gas from unconventional sources, in 2011 to 2020 to the State Council, or Cabinet, ...
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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