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GENEVA - The World Trade Organization (WTO) on Tuesday set up an expert panel which would investigate and rule whether the European Union's antidumping duties on Chinese-made footwear violate global trade regulations. The panel was established following a second request made by China, which says the EU's anti-dumping measure is "inconsistent with relate...
China, the world's second-biggest fuel user, is seeking overseas partners to help build fourth- generation nuclear reactors to meet rising clean-energy demand. China National Nuclear Corp has started an "experimental program for the fast-reactor technology for commercial use," Liu Jing, the deputy director of nuclear power at the State-run company, said ...
LONDON - The consumer prices index (CPI) in Britain increased at annual rate of 3.7 percent in April comparing with a rate of 3.4 percent in the previous month and hit a 17-month high in last month, the Office for National Statistics (ONS) reported on Tuesday. The report showed that the gain of April's CPI in Britain was driven by big rises in tax on alc...
RIO DE JANEIRO - China's State-run electricity grid firm has agreed to buy seven Brazilian transmission companies from Plena Transmissoras for 3.1 billion reais ($1.72 billion), local media reported on Tuesday. Plena, controlled by a group of Spanish energy firms, will sell seven of its 12 transmission divisions to State Grid Corp of China, according to ...
Vale SA, BHP Billiton Ltd, and Rio Tinto Group may demand a 30 percent to 50 percent increase in the prices of iron ore in the July quarter, taking advantage of rising demand from steelmakers, according to Taiwan's China Steel Corp. The forecast is "an opinion," Taiwan's largest steelmaker said in an e-mail reply to queries, but didn't give other detai...
China's wheat output this year may remain "basically flat" at 110 million metric tons, the China National Grain & Oils Information Center said today in a report. The country's rapeseed output will fall by 800,000 tons to 1 million tons, it added. Source: China Daily
SHANGHAI - The euro zone debt crisis may lead to a slower growth rate for China's exports to Europe over the next few months, a researcher at the Ministry of Commerce said in remarks published on Wednesday. "In April, the growth in exports to Europe still stood at 25 percent, but the response is probably delayed. In May, June, and especially the third qu...
Doha: PetroChina Co, the country's largest oil and gas producer, has signed an agreement with Royal Dutch Shell and Qatar Petroleum to explore for natural gas in the Middle Eastern country, in so doing China is likely to surpass Japan as Qatar’s biggest gas client. Under a 30-year exploration and production sharing agreement, the partners will join...
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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