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China suffered 101 trade remedy investigations launched by 19 countries and regions by November 3 this year, according to the Ministry of Commerce (MOC). These investigations, targeting Chinese products, involved more than $11.68 billion, said Wang Chao, the MOC assistant minister, at a seminar recently held in Beijing. "The world financial crisis has l...
The recent rapid rises in real estate and stock prices in China and some other Asian nations have led to fears that bubbles might have emerged in the two sectors. The latest round of property price hikes in Asian nations is largely related to proactive financial and loose monetary polices, which have catalyzed excess liquidity. In China, for example, over...
The ChiNext Index closed lower on Friday as only four of the 28 shares at China's start-up board for small and medium-sized enterprises went up. The board, which is based in Shenzhen and started trading on Oct 30, 2009, is tailored to the needs of enterprises engaged in independent innovation and other enterprises with great growth potential. S...
Baosteel Group Corp's overseas expansion plans will focus on raw materials until a "clear" picture emerges about global steel demand, the chairman of China's largest steelmaker said. Other Chinese steelmakers are also likely to hold back from "large-scale" capacity expansion overseas in the next three to five years as they focus on completing domestic m...
China's largest refiner Sinopec Corp yesterday signed a 20-year agreement to buy liquefied natural gas (LNG) from the ExxonMobil-led Papua New Guinea LNG project, in a move to meet rising domestic demand for energy. Under the agreement, Sinopec will purchase 2 million tons of LNG per annum for 20 years from the project, the company said in a statement ye...
The signing ceremony announcing the acquisition of Future Advanced Composite Components (FACC) by Xi'an Aircraft Industry Company Ltd of the Aviation Industry Corporation of China (ACIC) (Xi'an Aircraft-ACIC) was held in Austrian capital, Vienna on Thursday afternoon. The vast majority of 91.25 percent stakes of FACC was acquired by Xi'an Aircraft-ACIC...
The Chinese government and business groups are strongly dissatisfied with a European Commission(EU) proposal to extend dumping duties on leather shoes from China by another 15 months, a spokesman of China's Ministry of Commerce said Friday. The EU's executive commission had proposed the extension of duties up to 16.5 percent on leather shoe imports from...
A total of 11,191 sale and purchase agreements for building units were registered in November in Hong Kong, up 0.7 percent on October and 195.6 percent on November last year, the city's Land Registry said Wednesday. Using a 12-month moving average, the November figure rose 6.1 percent on October and 3.9 percent on November last year. The total consider...
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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