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Canon Inc expects China's camera market to become the world's largest as early as 2015, overtaking the US, its head of the business said. Canon, the world's biggest camera maker, is doubling the number of outlets and boosting its marketing workforce in the Asian nation to tap the company's major fastest-growing market, Masaya Maeda, said in an intervi...
Prices of some imported fruits have been slashed compared with the recent Spring Festival period, as a result of fresh goods from the United States and changing public attitudes. Imported fruits that stocked shelves in February came mostly from small exporter countries like Peru, which lacked mechanized production systems, according to the Beijing Chunlin...
China's banking regulator will work to ensure "every cent" lent out by the nation's financial institutions this year enters the real economy to help guard against inflation while maintaining growth, Chairman Liu Mingkang said. This year "will be extremely complex and full of uncertainties," Liu said in an interview with Xinhua news agency published late...
China's exports rose more than forecast in February and posted a third straight gain, a rebound that adds to pressure on policy makers to pare back stimulus measures adopted during the global recession. Shipments abroad gained 46 percent in February from a year before after a 21 percent advance in January, the customs bureau reported on its website today...
Home Inns & Hotels Management Inc, China's second-biggest budget hotel operator, said this year's World Expo in Shanghai will boost room rates by as much as 20 percent, and it's adding up to 200 hotels nationwide. "We're positive about demand during the Expo," David Sun, 46, chief executive officer of Home Inns, said in an interview at the company...
Seoul: South Korea's Samsung Heavy Industries said Tuesday it has won a contract to build a floating gas platform for Royal Dutch Shell worth an estimated four to five billion dollars. The country's leading shipyard said in a statement the LNG-FPSO (Liquefied Natural Gas-Floating Production Storage and Offloading) unit would be delivered by 2016 under the...
BEIJING - Oil giants PetroChina Co and Royal Dutch Shell have made a joint A$3.3 billion ($3 billion) bid to acquire Arrow Energy Ltd, an Australian coal-seam gas developer. Analysts said the move would boost PetroChina's gas portfolio and also help speed up its initiatives for new energy. Arrow Energy on Monday said in a statement that it has received...
BEIJING - Visitors to the upcoming Shanghai World Expo should expect a "surpising" show as China's economic hub, Shanghai, is gearing up its final preparations for the world-class event, an organizing official said here Monday. Wan Jifei, executive director of the Shanghai World Expo Executive Committee, made the remarks at a press conference on the side...
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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