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SHANGHAI - The Coca-Cola Company, the world's largest beverage maker, has launched a new innovative tea-flavored beverage in China to enhance its product portfolio and further tap the huge beverage market. Coca-Cola's Sprite brand on Thursday launched Spritea, a carbonated blend of local green tea flavors. "With Spritea, we plan to further enhance the...
GUANGDONG, the largest foreign trade province in China, is returning to throughput levels experienced before the global downturn, but recovery is weaker than in other provinces, according to Logistics Week. According to the statistics from the Guangdong Customs, during the first two months, the province achieved a trade value of US$92.6 billion, up 31 per...
THE latest statistics from the China Customs shows the country's export value increased 45.7 per cent year on year in February to US$94.5 billion while import value went up 44.7 per cent to $86.9 billion, Logistics Week reported. Compared to February 2008 with the impact of Chinese New Year Holiday and prior to the economic crisis, the trade value in thi...
Shanghai: East China Mineral Exploration and Development Bureau Wednesday agreed to acquire Brazilian iron ore miner Itaminas Comercio de Minerios for US$1.2 billion, Reuters reported. The two firms have signed a letter of intent, said the media office of Winbros, a consultancy firm that was hired by Itaminas for the transaction. However, Winbros did not ...
Tokyo: In a bid to boost Asian sales, Brazil’s Petrobras will start selling Brazilian crude from a distribution hub in Okinawa next month, trade sources said on Wednesday, kicking off a strategy to bolster the state-owned producer's share of the Northeast Asian market. 950,000 barrels of medium heavy Roncador 28 crude will be in place by April ...
Thirty-year contract still needs to be approved by Chinese government BEIJING - China National Petroleum Corp (CNPC) and Royal Dutch Shell Plc plan to jointly develop and produce natural gas in China's Sichuan Basin under a 30-year contract, Shell said in a statement on Tuesday. The companies have submitted a production-sharing contract to the Chinese ...
JAKARTA: ASEAN Secretary-general Surin Pitsuwan said here Wednesday that the ASEAN-China Free Trade Area should be mutually beneficial to both sides. Surin made the remarks upon his return from his first official visit to China at the invitation of Chinese Foreign Minister Yang Jiechi, according to a press release issued by ASEAN (the Association of South...
New rules to check cross-sector risk transfer, says regulator CIRC BEIJING - The insurance regulator on Wednesday capped the investment limit for insurance groups and their subsidiaries in non-financial companies at 10 percent of their consolidated net assets, to prevent cross-sector risk transfer. Insurance groups and their subsidiaries cannot invest m...
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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