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BEIJING - The severe drought in China's southwest had worsened as affected areas had received little rainfall in the past two weeks, said China's drought relief authorities Tuesday. It had left 18.05 million people and 10.17 million livestock short of drinking water and affected 96.54 million mu (6.44 million hectares) of arable land, said the State Flo...
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 ...
BEIJING: A variety of investment instruments will eventually be common in China as retail investors gain the sophistication of investing in different asset classes, and capitalizing on opportunities outside of the country, said Robert Shakotko, managing director of Index Services at Standard & Poor's (S&P). "Chinese asset and fund managers have s...
SHANGHAI - The four employees of mining giant Rio Tinto charged with taking bribes and stealing commercial secrets appealed for lenient punishment in court on the second day of their trial after pleading guilty to bribery charges, their lawyers said on Tuesday. Zhang Peihong, a lawyer for one of the accused, said Australian Stern Hu and three Chinese empl...
China National Offshore Oil Corp will commit to buy liquefied national gas from BG Group Plc in Australia's largest LNG accord today, the Australian Financial Review reported, citing unidentified people close to the deal. The agreement will be signed at 4 pm local time in Beijing, said one company official who asked not to be named because the contract h...
HANGZHOU: Toyota started talks with authorities of east China's Zhejiang Province Monday on the recalls and compensations over potential accelerator pedal problems of the RAV4 sport-utility vehicles. The delegation led by the general manager of the FAW Toyota Motor Sales Co. Ltd., a Sino-Japanese joint venture, held close-door talks with the Zhejiang Pro...
SHANGHAI - Rio Tinto executive Stern Hu and three of his Chinese colleagues pleaded guilty on Monday to bribery charges during the first day of their trial. Tom Connor, Australia's consul-general in Shanghai. [Agencies] Hu "acknowledged the truth of some of the bribery charges" laid against him, said Tom Connor, Australia's consul-general in Sha...
SHANGHAI - Rio Tinto executive Stern Hu and three of his Chinese colleagues pleaded guilty on Monday to bribery charges during the first day of their trial. Tom Connor, Australia's consul-general in Shanghai. [Agencies] Hu "acknowledged the truth of some of the bribery charges" laid against him, said Tom Connor, Australia's consul-general in Sha...
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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