Shanghai's 11th subway line started trial operation Saturday, ahead of the opening ceremony of the futuristic Shanghai Expo on May 1. The new line made the city China's first to have more than 420 kilometers of metro routes in service. The Metro Line 10, 29.6 kilometers long, would be officially open after a three-month trial period, said an official ...
CHINA uses dubious measures to prevent foreign concerns competing in its market, says a US Government, according to London's Financial Times. While conceding Beijing had reduced tariffs and quotas, the annual report US Trade Representative's office said Chinese authorities still used domestic trading rights restrictions to skew government purchases towa...
THE World Bank has raised its forecast for developing countries of the East Asia Pacific region GDP growth in 2010 to 8.7 per cent, almost a percentage point above its November 2009 projection. The region is expected to be the first to recover from the global economic crisis - can grow rapidly in the next decade even in a weakened world, but only if the, ...
BEIJING - Vice-Premier Wang Qishan met US Treasury Secretary Timothy Geithner in the Chinese capital on Thursday and discussed economic ties. In a brief statement after their meeting, the Treasury Department did not say whether the two sides discussed currency issues. The Chinese Ministry of Finance could not be reached for comment. Geithner had been ...
SHANGHAI - A ceremony was held Thursday in Shanghai to mark the debut of stock index futures on the Chinese mainland, which observers believe was a step forward in the city's efforts to develop itself into a risk management center for the whole Asia-Pacific region. Official trading in the stock index futures, which is the first financial futures product ...
BEIJING: The likely trade deficit in March is only a blip on the radar and will in no way hamper the nation's strong economic growth, Chen Deming, minister of commerce, told China Daily on Thursday. Chen Deming, minister of commerce, said China is committed to open and free trade. [Gu Yu / For China Daily] Chen said China believes in maintaining...
BEIJING - China announced Thursday that it had issued a national policy guideline to upgrade financial support for the country's cultural industries. The guideline was jointly issued earlier last month by the People's Bank of China, the central bank, the publicity department of the Communist Party of China Central Committee, the finance ministry, the cu...
Relative few listings on new exchange fueling overvaluation, speculation Securities regulators should gradually loosen listing restrictions on the ChiNext board to empower more innovation-driven but cash-starved small companies to tap the capital market, financial experts say. The Shenzhen-based bourse - likened to China's NASDAQ - has listed 65 compan...
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