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BEIJING - Is it too late to enter the China market? Foreign companies have long seen the country with its 1.3 billion people as a potential bonanza. But have those foreign companies who have yet to make their move missed the boat? Certainly, there are signs the China market is becoming tougher for those companies wanting to enter from outside. Indigenou...
THE International Monetary Fund (IMF) has raised its global growth projection for the year to 4.2 per cent, up 0.3 per cent over a previous annual estimate it made in January. Asia, the organisation said, would witness the bulk of the increase, with China to lead the charge with a 10 per cent GDP rise for the year, and India to follow closely behind with ...
CHINA'S foreign trade value in the first quarter increased 44.1 per cent year on year to US$617.9 billion, 8.2 per cent more than in the first quarter of 2008 before downturn, Logistics Week reported. Export value increased 28.7 per cent year on year and was 3.4 per cent more than 2008 to $316.2 billion. Import value surged 64.6 per cent year on year and...
The China Automotive Industry Climate Index set a new high of 105.8 points in the first quarter of this year, up 3.8 points from the fourth quarter of 2009. The index has been on the rise since it hit a record low in the first quarter of 2005. The Pre-warning Index of China Automotive Industry, an important indicator reflecting the climate of the sector...
China's rural areas and less developed cities are quickly catching up with big cities in consumption, Darryl Andrew, CEO of Synovate China told chinadaily.com.cn on Wednesday. Andrew based his remarks on a survey, which Synovate, the market research arm of Aegis Group plc, conducted by studying 68,000 consumers across 66 cities and rural areas in the Chi...
Subscriptions to China's third generation mobile technology (3G) service increased by nearly 5 million in the first quarter of this year to exceed 18 million, according to the latest data released by the Ministry of Industry and Information Technology. By the end of March, China Mobile, the world's largest mobile carrier by subscribers, had 42.5 percent...
TOKYO - Japan may give financial backing to Central Japan Railway Co and other bullet-train makers bidding for US high-speed rail projects to help them compete with Chinese and European suppliers. "We will support them," Noriyoshi Yamagami, head of the transport ministry's global railway strategy section, said in an interview on Wednesday. State-owned Ja...
NEW ORLEANS – A crew member from an oil platform that sank off the Louisiana coast Thursday reported an initial explosion three hours before the rig went up in flames in a second, larger explosion, the Coast Guard said. Coast Guard Senior Chief Petty Officer Mike O'Berry told The Associated Press that according to their internal reports, the first ...
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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