TOKYO - Investors' interest in Chinese wind companies may be slowing after Xinjiang Goldwind Science & Technology Co, China's second-largest wind turbine maker, shelved a share sale in Hong Kong, analysts said on Monday. Global investment in wind power eased during the economic slump in the US and Europe, lowering the prices paid for wind farms, a...
Timken Company stands at a crossroads, along with thousands of other manufacturers gearing up for recovery, trying to decide which orders it can fill without overextending itself, and raising anxiety among some customers who might be left out, the Wall Street Journal reported. "Everyone wants to ramp up," said Mike Arnold, executive vice president of th...
China is likely to consume the world's most energy this year, and could take half of the world's total consumption in 2020 if it keeps the developing pattern unchanged, the Beijing Times reported Monday citing an expert. The country may overtake the US in energy consumption this year, and could consume about eight billion tons of standard coal e...
TOKYO - Wheat declined on speculation that a rally to a one-month high and a stronger dollar may erode demand for the US supplies. Soybeans also dropped after touching a one- week high. Wheat futures on the Chicago Board of Trade lost 0.5 percent after Wednesday touching the highest level for the most-active contract since May 13 as wet weather disrupte...
NEW DELHI - Yamaha Motor Co, the world's second-biggest motorcycle maker, plans to double the number of its sales outlets in India in the next five years to tap demand in villages as economic growth boosts incomes. India Yamaha Motor Pvt may increase showrooms to 2,000, mostly in small towns and rural hubs, said Koji Arai, director and chief sales offi...
SHANGHAI - Network equipment maker Cisco Systems Inc is optimistic about its long term development in China, and sees huge growth potential in the nation's massive urbanization process. "Cisco has a long-term commitment to China, and is the only multinational IT company with a stand-alone pavilion at the 2010 Shanghai World Expo," said John Chambers, c...
BEIJING: Prices of farm produce and producer goods in China's 36 large and medium-sized cities have dropped for six weeks in a row, the Ministry of Commerce said Thursday, indicating easing inflationary pressure this month. In the week ended June 13, farm produce prices dropped 0.4 percent in those cities from a week earlier while producer goods prices...
Foreign trade in economically-developed Jiangsu province in eastern China totaled $174.29 billion in the first five months of the year, a 50 percent year-on-year increase. Exports amounted to $98.71 billion, up 42.7 percent, while imports totaled $75.58 billion, up 61 percent. The province accounted for 15.8 percent of China's total foreign t...
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