Media
Media
China is to impose temporarily low import tariffs on more than 600 energy and resource-consuming commodities next year, in a bid to promote domestic economic restructuring and resource conservation, the Ministry of Finance (MOF) announced Tuesday. The targeted commodities comprise resource commodities, including coal, granite, and phosphate ore; key compo...
China's central bank may raise the banks' deposit ratio or interest rate in the first half year of 2010 probably after the two sessions of National People's Congress and Chinese People's Political Consultative Conference, says the chief investment strategist of UBS (Asia Pacific). "The exact timing to launch the tightening monetary measures depends on...
South Korea is mulling over launching a new product line-up of Chinese yuan Futures in a bid to enhance variety and trading opportunities in the nation's derivatives market, high-ranking official of the bourse operator said Tuesday. "We are planning to launch the Chinese yuan futures, hopefully in 2011, and we have reached a memorandum of understanding (...
Beijing Automotive Industry Holdings Co Ltd (BAIC), China's fifth largest automaker, said yesterday it has agreed to take over some of the assets of General Motor's Saab arm as part of its plans to develop cars under its umbrella. Saab Automobile AB said it has struck a deal with the Chinese carmaker to buy production equipment and intellectual property...
Foreign funds are expected to take overweight positions in the local equities markets next year as the Chinese economy picks up steam and the government continues to encourage the entry of more players with a slew of favorable policies. Analysts said they have already seen encouraging signals from the Chinese government after it decided to grant more lice...
China and Central Asia opened a new "Silk Road" yesterday when President Hu Jintao and leaders from three other nations officially opened a natural gas pipeline linking Turkmenistan to China's Xinjiang region. The pipeline - the longest in the world - is being seen as a sign of growing trust in Central Asia and should help China hit its goal of cutting c...
China's consumer prices are likely to remain stable in the near term and the possibility of serious inflation is "slim", a senior National Development and Reform Commission (NDRC) official said yesterday. Meanwhile, the State Council, China's Cabinet, said at an executive meeting yesterday that the country will rein in excessively rapid property price i...
Dongfeng Yueda Kia, a Sino-Korean car joint venture, expects to grow sales by 62 percent this year, following its blistering growth in the first 11 months of 2009. It also plans to launch the Soul, its new crossover model, later this. The company, jointly owned by the Dongfeng Motor Corp and Yueda Group in China and South Korea's Kia Motors Corp, said it...
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
qq.com