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China reaffirmed on Friday that it is not looking at pursuing a substantial trade surplus with the United States. "China's policy is clear-cut: we are not seeking a large trade surplus," Vice Finance Minister Zhu Guangyao said during a press briefing on Friday, days ahead of the China-U.S. Strategic and Economic Dialogue, which will take place in Washing...
South Korea and Malaysia are exploring a possible bilateral Free Trade Agreement, or FTA, to expand trade and investment ties. The Malaysian International Trade and Industry ministry issued a statement to Xinhua, saying both countries have agreed to conduct separate studies on the 'feasibility of commencing FTA negotiations' after leaders from both side...
Zambia's competition body has approved plans by a Chinese company to set up two cement plants in the country, saying this will enhance competition in the sector, the Zambia Daily Mail reported on Friday. Recently, out-going Chinese Ambassador to Zambia Li Qiangmin announced that one of the world's renowned Chinese companies will soon establish cement ma...
The World Bank has approved a grant which will help Zambia and Malawi to establish trans-frontier management of biodiversity in Nyika Trans-Frontier Conservation Area (TFCA) that borders the two countries, the Zambia Daily Mail reported on Friday. The TFCA was a 3,000 square km rich biodiversity and a spectacularly scenic park that joins together Zambia'...
Russia's trade surplus slipped 2.2 percent year-on-year to 52.6 billion U.S. dollars in the first quarter of 2011, Russia's Federal Customs Service said Friday. Russia's exports totaled 112.8 billion dollars, up 22 percent due to high oil prices, while the volume of imports doubled to 60.2 billion dollars. Energy resources took a lion's share of Rus...
Tough conditions continued across the Australian construction industry in April, a report released Friday by the Australian Industry Group (Ai Group) said. The Australian Industry Group Australian Performance of Construction Index (Australian PCI), in conjunction with the Housing Industry Association, fell 1.5 index points to 37.9 points in April, the low...
A number of products developed in response to the devastating BP oil spill in the Gulf of Mexico were unveiled at the Offshore Technology Conference (OTC) that concluded here on Friday. More than 2,500 companies were exhibiting their products and technologies at the annual event, the largest of its kind in the world, compared with 2,385 companies in 2010....
Yiwu in eastern China's Zhejiang Province has not only won world fame as an international distribution hub for small commodities, but has also brought business opportunities to local farmers through development of e-commerce. Yiwu's Qingyanliu Village, which is praised as China's No. 1 "e-commerce village", is home to over 1,000 permanent residents and...
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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