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Shanghai Securities. "With more government funding and favorable policies coming out in the future, the sector holds value for long-term investment." While experiencing rapid growth, Chinese waste service companies are also actively expanding into overseas markets. Beijing-based environmental company Sound Group, the parent of Eguard Resources, recently m...
Hong Kong: Chinese steelmaker Chongqing Steel has received approval from both the Chinese National Development and Reform Commission and also from the Australian authorities for its acquisition of an Australian mine owned by Hong Kong-registered Asia Steel Holdings Limited . According to the deal, Chongqing Steel will invest US$258 million (RMB 1.75 billi...
SHANGHAI'S foreign trade value increased 35.8 per cent year on year to US$22.7 billion in February, Logistics Week reported. Export value grew 34.5 per cent to $11.4 billion. Import value went 37.2 per cent up to $11.3 billion. Value of export under general trade surged 61.5 per cent to $39.8 billion, while import increased 38.8 per cent to $5 billion....
Shanghai: China's official purchasing managers' index (PMI) rose to 55.1 in March from 52.0 in February, beating expectations and pointing to brisk first-quarter GDP growth. Sub-indexes for output, new orders, new export orders, imports and job creation all rose strongly. The headline PMI from a parallel HSBC/Markit survey rose to 57.0, the third-highes...
BEIJING - China's top 100 retailers reported sales increases of 24 percent on average in the first two months this year, indicating the retail market had rebounded to pre-crisis levels, according to figures released Wednesday by the Ministry of Industry and Information Technology. The statistics showed the 100 retailers' sales growth rate increased by 1...
BEIJING - China's fuel price regulators will cut the domestic aviation fuel ex-factory price by 10 yuan ($1.46) per ton to 5,200 yuan from April 1, the Civil Aviation Administration of China (CAAC) announced Wednesday. The move was in line with a price change circular issued Wednesday by the National Development and Reform Commission (NDRC), China's top...
BEIJING: China National Petroleum Corp (CNPC), the country's largest oil and gas producer, will speed up development of new energies including coalbed methane, fuel ethanol and oil sands, aiming to set its annual oil-equivalent production capacity at 1.25 million tons this year. The company will further increase capacity to 6 million tons of oil equivale...
BEIJING: As rubber prices continued to rise and Chinese tire exports are hit by high US tariffs, tire makers in China have started to hike prices to offset increasing costs. This week, natural raw rubber prices reached 24,800 yuan ($3,633) per ton, more than double the price of per ton at the beginning of last year. Adding insult to injury, the serious ...
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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