The use of non-Latin characters from start to finish for Internet domain names could see a massive expansion of Internet use and commerce in China, experts predict. The board of the Internet Corporation for Assigned Names and Numbers (ICANN), a nonprofit body that oversees Internet addresses, has allowed the use of non-Latin characters in more than 20 lan...
Chinese equities closed slightly higher on Monday, with the benchmark Shanghai Composite Index up 11.55 points, or 0.36 percent, to close at 3,175.59. The Shenzhen Component Index gained 49.10 points, or 0.38 percent, to close at 13,036.30. Combined turnover shrank slightly to 255.50 billion yuan ($37.57 billion) from 297.53 billion yuan on the previous...
Now that Shanghai Disneyland has been given the go-ahead, many will be asking the question whether others will make as much money from the $3.6 billion project as has already been made by market speculators. Few potential projects could have been so subject to frenzied market activity as the prospect of Mickey Mouse and his friends arriving on Chinese mai...
China's bank loan will expand by 20 to 22 percent in 2010 to fuel the economic recovery, a leading Chinese bank predicted Sunday. The new yuan credit balance issued by the commercial lenders is expected to reach 8 to 9 trillion yuan next year, according to the China Banking Development Report issued by the Bank of Communications, the nation's fifth larg...
China Merchants Securities, a leading domestic brokerage firm, announced Monday that it has set its A-share IPO price range between 26 yuan and 31 yuan. The Guangdong-based brokerage is scheduled to issue no more than 358.5 million shares, it said in a statement to the Shanghai Stock Exchange Monday. The IPO price translates into a price to earnings&nbs...
China has been badly affected by rising trade protectionism since the outbreak of the global financial crisis, a Ministry of Commerce official said over the weekend. Some countries and regions increased exports after efforts to stimulate domestic consumption failed, and even depreciated currency and raised subsidies to improve the competitiveness of expor...
To Liu Lei, it was meaningful to take the subway instead of driving to reach the China Energy and Environment Summit, which concluded in Beijing on Nov 3. "After a heavy snow Sunday (Nov 1), it's really cold in the morning. I spent nearly one hour on Metro Line 5 and Line 10 to come to the venue," said the 44-year-old man, who is a chief advisor to a Tai...
He may be a billionaire, but soft-spoken William Ding, founder of Chinese online gaming giant NetEase.com, feels as comfortable on the farm with his pigs as he does in the boardroom. The publicity shy 38-year-old juggles his time between China's No 3 online game operator and a pig rearing business he started in February, in search of balance and quiet as...
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