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BEIJING: China's inflation rate eased in January, reducing pressure to raise interest rates to control price increases as it tries to keep an economic recovery on track. Consumer prices in January rose 1.5 percent over a year earlier, the National Bureau of Statistics reported on Thursday. That was down from December's 1.9 percent increase, the highest ...
BEIJING: The producer price index (PPI), a major measure of inflation at the wholesale level, rose 4.3 percent in January from a year earlier, the National Bureau of Statistics (NBS) announced Thursday. It quickened from 1.7 percent in December 2009 when the figure posted the first monthly rise since December 2008. Source: China Daily
SAN JOSE, Costa Rica: Costa Rican and Chinese negotiators reached a free trade agreement on Wednesday, a key part of the Central American nation's drive to extend its web of trade pacts outside the Western Hemisphere. President Oscar Arias is expected to sign the deal in April and then Costa Rican lawmakers must approve it. President-elect Laura Chinch...
Brazilian Deputy Foreign Minister Antonio Patriota will kick off his first official trip to China today, making the last preparations for President Hu Jintao's attendance to the upcoming BRIC summit in Brazil. Patriota is scheduled to call on Foreign Minister Yang Jiechi and Minister of Commerce Chen Deming tomorrow to exchange views on bilateral and mul...
BEIJING：China's drive to curb overseas trips by officials using public money has significantly cut the number of such trips in 2009, the National Bureau of Corruption Prevention (NBCP) said in a report on its website. In 2009, government and Communist Party of China (CPC) officials went on 123,553 overseas trips in 33,507 groups on public funds, down 45....
China and Japan are busy negotiating a new draft food safety agreement, which may allow Japanese officials to enter Chinese factories for safety inspections. In cases where problems with China's exported food to Japan occur, the agreement would allow Japanese government officials to go to the scene to investigate, according to reports from the Japanese m...
Growing domestic consumption and the international balance of payment have led to a rise in the country's latest imports and a drop in trade surplus, which analysts say will likely ease pressure on yuan appreciation. Imports in January skyrocketed by 85.5 percent from a year earlier, when companies were left idle for the weeklong Spring Festival holiday,...
China has issued regulations on the development and construction of offshore wind power projects in a bid to promote reasonable use of sea space and resources and better protect oceanic environment. The regulations, jointly issued by the National Energy Administration and the State Oceanic Administration (SOA), include 38 articles in ten chapters, accordi...
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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