Judicial proceedings against four company staff start next Monday BEIJING - The trial of Rio Tinto executives next week, involving Australian passport holder Stern Hu and three other Chinese employees, should not be deliberately politicized, China's foreign ministry said on Thursday. "It is just an individual business case. It should not be politicized...
LONDON - The combination of record mutual fund inflows and the fastest economic growth are failing to lift shares in the largest developing nations with valuations at the highest level versus developed countries since at least 1995. Emerging-market stock funds lured $86.6 billion in the year through January, the most in 14 years of data, according to Camb...
The municipal government spent more than 200 million yuan to prolong the heating period this winter, said Li Nan, committee member of the Beijing Municipal Commission of City Administration and Environment. Li said the money was mainly spent on fuel because the heating company had responsibility for the operating costs. The Beijing Administrative Rule o...
BEIJING: Central State-owned miners will accelerate acquisition of copper assets this year to capitalize on the price rally as the government encourages mergers and acquisitions (M&A) to streamline the industry. The nation's top two copper producers, Jiangxi Copper Corporation (JCC) and Anhui-based Tongling Nonferrous Metals Group Holdings Co Ltd, ha...
China agreed to reopen its market to imports of US pork, ending a ban that went in place after the outbreak of the H1N1 flu last year, the US trade representative's office said. "This agreement is a win for America's pork producers, whose safe and high-quality exports can now flow freely into China," US Trade Representative Ron Kirk said in a statement ...
PENDING licence approval, a Hong Kong company plans to offer services so operators can meet stringent new mainland oil-spill regulations that mandate keeping emergency clean-up services on retainer. In response to new regulations on ship pollution, Hong Kong-based OSRO China has set up a nation-wide consortium of oil-spill response contractors to meet Chi...
BEIJING - Mercedes-Benz believes its strong market success in China comes from the German carmaker's ability to assimilate the trends and demands of the local market. That strategy has been key to zipping ahead in China's fiercely competitive and dynamic automobile market, according to Klaus Maier, president and CEO of Mercedes-Benz (China) Ltd. Just ...
Beijing: Two key ministries have, for the first time, vowed to back Chinese steel mills in their fierce annual negotiations with international iron ore giants - but the move is unlikely to affect recovering ties between Beijing and Canberra, experts said on Wednesday. Ministry of Commerce spokesman Yao Jian said on Tuesday that it would work with the Mini...
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