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BEIJING - Pratt & Whitney, a leading aircraft engine manufacturer, said it is discussing the manufacturing of its latest engine components in China with the country's largest aerospace company Aviation Industry Corp of China (AVIC). "We are currently in discussions with AVIC to expand the capacity and scale of engine component manufacturing in the ...
BEIJING - China is sparing no effort to meet its 11th Five Year Plan (2006-2010) energy-conservation goals, a senior official said Friday. Xie Zhenhua, deputy minister of the National Development and Reform Commission (NDRC), the country's top economic planning agency, made the remarks quoting Premier Wen Jiabao, a statement posted on the NDRC website ...
BEIJING - Overseas shipments for May surged nearly 50 percent from a year earlier, which analysts said was a signal that the European sovereign debt crisis has had little impact on the nation's exports. But many economists are cautious over long-term growth prospects despite the highest monthly rate of increase in six years. Customs announced on Th...
TASHKENT: China and Uzbekistan on Wednesday agreed to boost bilateral cooperation in trade, energy, finance, transport and other areas, pledging to give priority to building stable trade ties. China and Uzbekistan "will continue to push forward bilateral economic and trade cooperation and jointly take measures to further improve their trading structure ...
BEIJING - German company BLG Logistics is actively seeking business opportunities in China as local automakers gear up to sell their cars in European markets. "It's a golden opportunity for Chinese automakers to enter the European market as the global financial crisis last year impacted Western country residents seriously, especially their car-buying b...
BEIJING - Automakers in China saw auto sales climbed 53.25 percent from a year earlier to exceed 7.5 million units in the first five months of the year, the China Association of Automobile Manufacturers (CAAM) said in a statement released Tuesday. Auto production also grew 55.39 percent year-on-year in the January-May period, said CAAM. The associat...
SINGAPORE - A "liquidity seizure" arising from Europe's worsening debt crisis could drag the global economy back into recession, according to Paul Schulte, head of multi-asset strategy in Asia excluding Japan at Nomura Holdings Ltd. "As Europe's problems unwind, liquidity is going to seize up. As liquidity seizes up, multiples are going to contract," ...
SHANGHAI - China Zhongwang Holdings Ltd, the country's largest aluminum extrusions maker, is seeking official backing to help it fight a US anti-dumping and countervailing duty charges. "We are closely cooperating with agencies, including the Ministry of Commerce and the China Nonferrous Metals Industry Association, to defend our interests," said an of...
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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