Trade News

US shocker for Chinese steel gratingsJun 3, 2010

BEIJING - The US Commerce Department on Tuesday set combined final duties of up to more than 200 percent on imports of steel gratings from China. Steel gratings are essentially two or more cross-bracing pieces and are widely used in industrial floors, docks, ramps, drainage covers, staircases, platforms, bridges, elevators and other applications. Th...

HK General Chamber of Commerce is confident of city's economic outloo...Jun 3, 2010

ANDREW Brandler, chairman of the Hong Kong General Chamber of Commerce, has expressed confidence over the economic resilience of Hong Kong businesses at the body's Annual General Meeting. "As I step down from the chairmanship after this AGM, and as I hand over the chair to my successor, I feel comforted about the healthy prospects for the future both f...

Chongqing trade value 46.5pc up in first four months Jun 3, 2010

SOUTHWESTERN China's Chongqing city recorded a strong year-on-year growth of 46.5 per cent in its foreign trade value to US$3.2 billion, Logistics Week reported. Export value increased 52.7 per cent to $1.8 billion. Import value increased 39.2 per cent to $1.4 billion. (Source:www.schednet.com)

Realty investment market to boomJun 2, 2010

BEIJING - China will surpass both the UK and Japan to be the world's second largest property investment market by 2011, a report by international real estate service provider DTZ said on Tuesday. The report forecasts that invested stock for 2010 in the Asia-Pacific region will increase by 12 percent to $3 trillion, on the back of a continued recovery i...

Border town bustling with business as Sino-Mongolia trade takes offJun 2, 2010

ERENHOT, Inner Mongolia: Compared with any port along the prosperous east coast of China, trade figures at the land port of Erenhot, a small Gobi town on the China-Mongolia border, are meager. However, about 800 cars, 200 trucks, six trains and 4,000 traders cross the border each day, bringing a bustle to Erenhot's wholesale markets, shops, restaurants...

Chinese investment in Russia to rise $10b by 2020: reportJun 2, 2010

MOSCOW: Chinese investment to Russian economy will rise from the current $2 billion to $12 billion by 2020, Russia's RBC news agency reported on Tuesday, citing the figures released by Russian Ministry for Economic Development. According to the ministry, Russia would allow Chinese investors to participate in 16 regional projects in central Russia and S...

Production 'resumes' at Honda plantJun 2, 2010

FOSHAN, Guangdong - Some production has resumed at the Honda Auto Parts Manufacturing Co Ltd in Shishan town after being suspended for a week due to a strike for higher pay. An executive from the company, who declined to be named, said on Tuesday that some workshops had resumed operations since Monday. Wen Jiezhen, a publicity official from Shishan ...

Beijing trade value soars 68pc in first four months Jun 2, 2010

BEIJING achieved a foreign trade value of US$95.3 billion from January to April, a sharp increase of 68 per cent over the same period in the preceding year, Logistics Week reported. Export value increased 11.3 per cent to $16.8 billion. Import value soared 88.5 per cent to $78.5 billion. Trade deficit surged 130 per cent to $61.7 billion. Value of B...

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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.

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Qingdao Saint Voyage Log

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