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Shen Lu just bought herself a red Mazda 3 as a new year present. "It looks beautiful and has large space. I bought it to replace my old car, a small Chery QQ," said the 27-year-old IT practitioner. "Cars with displacement of 1.6 liters, like the Mazda 3, are cheaper with reduced purchase tax," she added. Shen's Mazda is one part of the mushrooming au...
When the Chinese government issued the long awaited third generation (3G) license to three domestic telecom operators a year ago, few imagined the number of the country's 3G users would reach nearly 15 million within one year. Industry analysts predict, if the momentum continues this year, there would be an "explosive" growth in the world's largest mobi...
With China now the world's largest auto market, carmakers are eagerly expanding production while eyeing untapped inland markets. Domestic automaker Geely made its bold move earlier than the rest. The Zhejiang-based private carmaker set up an auto plant in the capital of Gansu province in 2006, which four years later remains the only plant making sedans i...
With China now the world's largest auto market, carmakers are eagerly expanding production while eyeing untapped inland markets. Domestic automaker Geely made its bold move earlier than the rest. The Zhejiang-based private carmaker set up an auto plant in the capital of Gansu province in 2006, which four years later remains the only plant making sedans i...
A senior official in charge of Internet security has claimed that the country has become the world's biggest victim of cyber attacks. In an interview with Xinhua over the weekend, Zhou Yonglin, deputy chief of the operations department of China National Computer Network Emergency Response Technical Team (CNCERT), also dismissed Google's allegation that ...
US CUSTOMS have changed Importer Security Filing (ISF) software to rectify a problem with monthly progress reports that have been showing an unusual slippage in on-time filing, reports American Shipper. The apparent deterioration of timely filing coincided with customs implementation of a secondary method to measure timeliness in ISF filing against the ve...
SINGAPORE's domestic exports, not including oil products, grew by 26 per cent in December 2009 compared to the same month a year earlier, following an 8.7 per cent rise in November. On a year on year basis, the volume of such domestic exports to Singapore's top 10 markets in December all experienced increases except for Japan, which fell 3.9 per cent. N...
China Financial Futures Exchange (CFFEX) yesterday announced revised trading rules for stock index futures, which investors are expected to begin trading in April. The revision raises the minimum trading margin for index futures from 10 percent to 12 percent and reduces the single-day maximum holding of futures contracts to 100 from 600, which was previou...
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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