Armed with cash from recent listings, Chinese online game makers are gearing up to play in Western markets, challenging industry leaders Electronic Arts(EA)and Activision Blizzard on their home turf. Having prospered at home, companies such as Changyou and Shanda Games want to take a page from China's export machine in sending their wares abroad. Chang...
A local barley beer brewer in this capital of southwest China's Tibet autonomous region expects to sell more products to the United States in the second half of next year. According to orders from its American dealer, Dzambuling, Lhasa Beer Co, Ltd will supply 1,000 tons, or 2.78 million bottles, of barley beer to the United States every month since next...
China's main sovereign wealth fund is investing $500 million in a Canada-based company that mines coal in Mongolia, expanding its multibillion-dollar global shopping spree for resource assets. China Investment Corp(CIC)is investing in a 30-year secured debenture issued by SouthGobi Energy Resources Ltd, the company said in a statement Tuesday. It said th...
Hong Kong-Guangdong Business Conference was held in Sydney on Tuesday with both Guangdong and New South Wales leaders calling for greater cooperation in business and trade. At the one-day conference, Governor of Guangdong province Huang Huahua told the audience that the delegation consisting of Hong Kong and Guangdong government officials came to Sydney t...
Chinese equities closed down 2.83 percent on Tuesday. The benchmark Shanghai Composite Index lost 88.11 points, or 2.83percent, to end at 3,021.46. The Shenzhen Component Index dropped 402.81 points, or 3.14 percent, to close at 12,412.45. Combined turnover shrank to 158.30 billion yuan ($23.18 billion) from 218.72 billion yuan on the previous trading...
China Civil Engineering Construction Corporation (CCECC) and the Nigerian Ministry of Transport signed Monday agreements in the Hilton Hotel in Abuja, the capital of Nigeria, on building a 186.5 km modernized railway. The railway is designated to have nine stations and 18 bridges. The contracted value is $850 million and the construction period is three y...
After massive publicity marketing for Microsoft Windows 7, consumers in China who are eager to buy the product immediately have been disappointed. Windows 7 is out of stock in China. "Windows 7 is currently out of stock, you can register your phone number if you need reservations, and then we will inform you upon its arrival." Yesterday morning, a reporte...
Hong Kong stocks plunged 420.14 points, or 1.86 percent, to close at 22,169.59 on Tuesday. Turnover moved down to HK$73.56 billion ($9.50 billion) from Friday's HK$76.00 billion. Hong Kong stocks closed on Monday due to public holiday. Source: BizChina
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