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Media
First came shock and envy. Then speculation on the identity of China's biggest-ever lottery prize winner. And finally came suspicion over the credibility of the country's lottery industry. Public sentiment had made a dramatic turn two weeks after lottery officials announced on Oct 8 that the winning ticket worth almost 360 million yuan ($52.7 million) w...
Trade between China and Russia in the first three quarters topped $28.04 billion, down 34.9 percent from the same period last year, said a report from the General Administration of Customs of China Monday. Chinese exports to Russia in the first nine months stood at $12.01 billion, down 48.9 percent year-on-year, and imports stood at $16.03 billion, down 1...
Hanlong Mining Investment Pty Limited signed in Hong Kong Monday a subscription agreement with Australia's Moly Mines Limited to become the controlling shareholder of the Australian company. Hanlong Mining Investment Pty Limited is an Australian subsidiary company wholly owned by a privately run Chinese corporation -- Sichuan Hanlong Group Ltd. Followi...
Profits of China's State-owned enterprises (SOEs) continued to fall in the first nine months from a year earlier, but the decline was smaller than those of the first eight months. Profits in the country's SOEs fell 17.6 percent year-on-year in the first nine months to 936.61 billion yuan ($137.13 billion), two percentage points lower compared with the J...
New rights often bring new responsibilities and, with China set to take on a larger decision-making role at the International Monetary Fund (IMF), experts warn it may be pressured to shoulder a heavier burden. Daisuke Kotegawa, IMF senior resident representative in Japan, said on Friday the organization was bringing in reforms that would mean China's vot...
Chinese President Hu Jintao has urged the country's companies to reduce operation costs by speeding up the development of renewable energy and help improve the country's energy structure. "Developing renewable energy vigorously is necessary for taking up the front line in the new round of global energy revolution," said Hu while visiting a wind energy p...
Harbin Pharm Group Sanjing Pharmaceutical Co Ltd, one of China's leading pharmaceutical manufacturers, announced Sunday that its net profit in the third quarter rose 12.49 percent year-on-year to 80.1 million yuan ($11.7 million). Total assets of the northeastern Heilongjiang-based firm increased 9.3 percent year-on-year to 3.19 billion yuan, it said in ...
Chinese equities gained Monday, boosted by optimistic prospect in the country's economic growth, analysts said. The benchmark Shanghai Composite Index gained 61.64 points, or 2.07 percent, to end at 3,038.27. The Shenzhen Component Index rose 449.9 points, or 3.74 percent, to close at 12,483.27. Gainers outnumbered losers by 852 to 33 in Shanghai and 7...
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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