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Media
China and the United States on Thursday started their annual trade talks in Hangzhou, captial of east China's Zhejiang province. Chinese Vice Premier Wang Qishan co-chaired the 20th Joint Commission on Commerce and Trade (JCCT) with Commerce Secretary Gary Locke and Trade Representative Ron Kirk of the United States. The JCCT, which now includes a numb...
Chinese equities fell Thursday with the benchmark Shanghai Composite Index down 2.34 percent, or 70.86 points, to end at 2,960.47. The Shenzhen Component Index slid 312.17 points, or 2.50 percent, to close at 12,193.16. Combined turnover rose slightly to 190.81 billion yuan ($27.94 billion) from 187.56 billion yuan on the previous trading day. Source:...
Chen Baozhen, a 66-year-old Chinese woman, is about to become a millionaire after her company ChinaNetCenter, a Shanghai-based Internet firm, makes its debut on ChiNext -- China's NASDAQ-style second board -- with another 27 companies on Friday, Shanghai Securities News reported today. Chen holds 34.86 percent of the company's shares. The issue price of...
Kaixin001.com, known as the "Chinese Facebook", sued Qianxiang Hulian, the former operator of Kaixin.com in Beijing yesterday, alleging copyright infringement and demanding 10 million yuan ($1.5 million) in compensation. Qianxiang Hulian denied the charge, saying Kaixin.com is now under the control of Qianxiang Wangjing, another subsidiary company of Oak ...
China's Geely Automobile on Wednesday have been confirmed as preferred bidder in the ongoing discussions concerning the possible sale of Volvo Car Corporation. Ford said it would be engaging in more detailed and focused negotiations with Geely, and no final decisions have been made yet, reported the Swedish news agency TT. Ford believes Geely has the p...
China Investment Corporation (CIC), the nation's sovereign wealth fund, has invested half of its $110-billion available capital in the overseas market and has gained decent returns from it so far, its head said yesterday. "We have reaped not bad returns from our investment so far this year," said Lou Jiwei, the CIC chairman, adding he would not be able t...
Chinese vaccine maker Sinovac Biotech Ltd said on Tuesday that it had received an additional order for 5.19 million doses of its H1N1 influenza vaccine from the government. Sinovac said in a statement on its website that it was required to produce the new batch of the Panflu 1 vaccine for the central government by Dec 12. The company added that it had a...
China Securities Regulatory Commission (CSRC) will set up an extra division within the supervisory body to supervise ChiNext-listed companies and their sponsors, CSRC said yesterday. The securities watchdog vowed to strengthen its supervision on ChiNext, the newly launched board for start-up companies which have more uncertainty in future growth, in order...
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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