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Beijing - China and Russia signed 15 deals cumulatively worth $1.6 billion in the Russian city of Vladivostok over the weekend, with more coming up on Monday. The documents were signed during Vice-President Xi Jinping's tour of the country. Xi arrived in Russia Saturday at the invitation of Russian Prime Minister Vladimir Putin. He is expected to meet Ru...
Luo Baoming, governor of Hainan, says the island will become a top tourism center. So much so that Luo Baoming, governor of China's only tropical island province, has found his days brimming with meetings to deal with "hot issues" arising from Hainan's new momentum and the visits of foreign dignitaries, business gurus and journalists. The ...
BEIJING: China would be able to keep its consumer price index (CPI) at round 3 percent this year, despite relatively high inflation expectations, a senior economist said on Saturday. Yao Jingyuan, chief economist of the National Bureau of Statistics, said, "China's grain output totaled 1.02 trillion kg last year, representing the sixth straight year of g...
BEIJING: China's biggest economic challenge is the need to rebalance the economy in order to achieve sustainable long-term growth, says Haruhiko Kuroda, president of Asian Development Bank (ADB). "Rebalancing the economy is not only a key challenge for the whole world, but also the biggest challenge for China," said Kuroda in an interview with Xinhua on ...
PetroChina Company Limited (PetroChina), China's largest oil and gas producer, announced on Monday that it has agreed a joint bid with Shell to acquire Arrow Energy Limited after raising the offer to A$3.5 billion ($3.15 billion). CS CSG (Australia) Pty Ltd, the 50-50 joint venture owned by PetroChina International Investment Company Ltd, a subsidiary of...
China, the world's biggest cotton importer, may increase purchases 30 percent this year and drive up global prices as growers plant a smaller crop, a State-affiliated researcher said. Imports may be more than 2 million metric tons compared with 1.53 million tons last year, Mao Shuchun, cotton researcher at the Chinese Academy of Agricultural Sciences, sa...
BEIJING - China on Thursday defended its exchange rate policy, saying the value of its currency, the renminbi (RMB), was not the major cause of the US trade deficit with China. "It is unfair and harmful to continuously depreciate a country's own currency and ask other countries to revalue their currencies in the meantime," Foreign Ministry spokesman Qin ...
Nation biggest market in Asia; 100 million people forecast to travel BEIJING: More mainland tourists are expected to spend money on overseas travel this year, said a report by a think tank to the national tourism authority. The Annual Report of China Outbound Tourism Development 2009-2010, released by the China Tourism Academy on Thursday, estimated tha...
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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