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BEIJING: China has imposed countervailing duties on grain-oriented electrical steel produced in the United States, as well as anti-dumping duties against Russian and US steel, its customs administration said. US producers will be assessed for anti-dumping duties of up to 64.8 percent, and anti-subsidy duties of up to 44.6 percent, it said on its website o...
SOUTHWESTERN China's Guangxi Autonomous Region recorded a strong year-on-year increase of 63.3 per cent in its foreign trade value to US$2.6 billion, 18.5 percentage points faster than the national average level, Logistics Week reported. Export value amounted to $1.5 billion, up 81.4 per cent. Import value increased 43.4 per cent to $1.1 billion. (So...
New York: Star Bulk Carriers has contracted Hanjin Heavy Industries & Construction for a second capesize bulker newbuilding. The vessel is a sistership to one ordered at the South Korean yard by Star Bulk last month, and is due for delivery in November 2011. Star Bulk did not say how much it would pay for the vessel, but the previous ship was contracted...
Boao, Hainan -- Regulations on purchasing a second apartment should be stricter and second home buyers in some cities will have to make a down payment of 50-60 percent, said Liu Mingkang, chairman of China Banking Regulatory Commission, on Sunday. China is carefully monitoring the risks of real-estate loans with more money entering the property market as ...
Country sees negative balance after six years BEIJING - China reported its first monthly trade deficit in six years in March, mainly due to surging import volumes and rising commodity prices. Exports surpassed $112 billion in March, up 24 percent year on year, while imports increased by 66 percent to more than $119 billion, resulting in a trade deficit ...
Country faces energy challenges in switch to low-carbon economy BEIJING: China has made significant efforts to pursue energy and resource efficiencies to achieve sustainable development, while the nation still faces challenges in the transition to a low-carbon economy and needs integrated solution systems. "China is already a world leader in critical lo...
BOAO, Hainan: Entrepreneurs and economists of the Chinese mainland and Taiwan have considered the expected signing of a cross-Strait economic pact as a top priority in further development of their trade relations. The long-awaited Economic Cooperation Framework Agreement (ECFA), aiming to normalize mainland-Taiwan economic ties and bring the two economies...
Although China registered the first monthly trade deficit last month in six years, that would be temporary as the demand for imports is likely to ease with the expected moderation in domestic fixed asset investment, said an economist of JP Morgan Chase. "With an anticipated recovery in developed economies this year, Chinese exports should improve graduall...
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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