Trade News

High-speed railways to use private capitalMar 16, 2010

China would make full use of private capital to construct high-speed railways and China's high-speed railway planning would not lead to any financial crisis, the Shanghai Securities News reported on Monday, citing a senior official. There is no obstacle in policies and regulations and private capital is encouraged to invest in the construction of high-sp...

FDI climbs a seventh monthMar 16, 2010

BEIJING: China's foreign direct investment (FDI) rose for the seventh consecutive month in a row, albeit at a shade lower than earlier, the Ministry of Commerce (MOFCOM) said on Monday. The indicator recorded year-on-year growth of 1.1 percent in February to $5.9 billion, the lowest since August 2009. FDI growth in January was 7.79 percent while in Decem...

Mainland, Taiwan weigh up benefits of economic pactMar 16, 2010

After almost two decades on the Chinese mainland, Taiwan businessman Lee Rie-ho owns a well-known tea group that runs more than 1,000 outlets across the country. However, his Ten Fu Group still only holds around 3 percent of the total mainland market. "The market here is amazingly large," says Lee, 75. "Five cups of tea for each of the 1.3 billion popul...

China tire demand to triple global growthMar 16, 2010

Tire sales growth in China, the world's largest rubber consumer, will be three times the global rate in coming years as car ownership increases, Sumitomo Rubber Industries Ltd said. Sales will grow in China by about 10 percent a year from almost 150 million tires in 2009, making it a possible choice for the company's next overseas plant, President Tetsu...

Foreign luxury retail brands fail quality control test: studyMar 16, 2010

SHANGHAI: Clothes imported from some of the world top luxury brands, such as Hermes and Versace, have proven to be substandard in a routine quality control test, the Zhejiang administration for industry and commerce reported on Monday The administration has ordered the clothes to be withdrawn from sale and for the retailers to be fined. The test found t...

6 brokerages likely to begin margin trialsMar 16, 2010

China may pick six brokerages to take part in margin trading trials, the China Securities Journal reported today, citing an unidentified person familiar with the situation. Citic Securities Co, Haitong Securities Co, Guotai Junan Securities Co, GF Securities Co, Guosen Securities Co and China Everbright Securities Co may be the six brokers picked to take ...

China faces most complicated yearMar 15, 2010

BEIJING - Chinese Premier Wen Jiabao said on Sunday that China is facing the "most complicated" economic conditions this year, and it will be "very cautious and flexible" in choosing the timing of the stimulus exist to shore up the hard-won recovery. Since the world economy still faces the risk of "double dip", China has to strike a balance between mainta...

How far will China go for yuan globalization?Mar 15, 2010

The world is watching China's next move after it witnessed last year key progress in the initiative to make renminbi, or yuan, a global currency. As government officials hinted the establishment of a global board at the Shanghai A-share market during the annual "two sessions" of the country's supreme legislature and top political advisory body, analysts...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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