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Taiwan’s already-huge investments in China are set to expand even more, now that the two of them have signed an agreement on economic cooperation, Business Times Singapore reported. Nowhere is this going to be more evident than in China's southern province of Fujian, just across the Taiwan Straits. And Singapore is set for sizeable spin-offs. ...
SHANGHAI's trade with developed countries in Europe, America and Japan are slowing down in growth, but those with emerging markets like the ASEAN countries and Korea are rising rapidly, Xinhua reported. During the first five months of this year, Shanghai's trade with the European Union valued US$57.95 billion, up 38.8 per cent year on year. Trade with...
China, the world's second-biggest energy consumer, plans to impose a new tax on the extraction of coal, oil and gas in the country's western areas as part of a push to develop the region's economy. The country will change the resources tax in the region to a price-based rather than volume-based levy, the government said in a statement on its website,...
JAKARTA - China's ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, on Wednesday announced that it is ranked third in the global optical networking (ON) industry according to the latest research by industry analyst firm Ovum, a press statement said here. ZTE posted the strongest gains for the first quarte...
A US venture capital steel company that received an investment from a Chinese State-owned firm fought back on Tuesday against national security concerns raised by US lawmakers. Steel Development Co, whose first project is to build a steel "rebar" production mill in Amory, Mississippi, said less than 20 percent of its total investment came from China's ...
BEIJING: Foreign companies operating in China and experts on Wednesday reiterated that the nation is still an attractive destination for investors. The government has been actively trying to remove restrictions and improve the rules and regulations facilitating foreign direct investment, they said. Concerns that the investment climate in the n...
BEIJING - The central government is planning a unified pricing mechanism for rare earth minerals in five provinces and regions, a move considered to prevent the valuable resource from being undervalued, industry sources said. The plan, expected to be implemented as early as this month, covers Jiangxi, Fujian, Guangdong and Hunan provinces, as well as th...
Sydney's port says a good crop season in regional New South Wales contributed to record-breaking trade in containers in May this year. More than 152,000 containers were moved in May, an increase of 7.9 percent on the same month last year, reported ABC News. For the year so far, container trade in Sydney is up almost six percent on the same period l...
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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