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South Korea's leading mobile company, SK Telecom Co, said Monday it will sell its 3.8-percent stake in China Unicom Ltd back to the Chinese mobile carrier. According to SK, the sale of shares will be completed in mid-November after gaining approval from independent shareholders of China Unicom. The total proceeds from the stake sale are estimated to re...
The Beijing-Chengde Expressway opened yesterday cutting travel times from the capital to the city in Hebei province by half. The new 210 km expressway, which cost 105 yuan ($15) one way, now connects the two cities in just two hours. And authorities say the 6.2 billion yuan road will be boom for local Hebei tourism. "Because the expressway will greatl...
China's State Council (Cabinet) has given the go-ahead to the phase one project of the Shandong Haiyang nuclear power station. The Council's State-owned Assets Supervision and Administration Commission said in a statement on its website Sunday that two nuclear power generating units would be built in the first phase of the project, each with an installe...
Chinese Vice Premier Li Keqiang has called for orderly implementation of the country's healthcare reform. Li, also head of the State Council's leading group on healthcare system reform, made the remarks at a symposium in Jiangxi's capital city Nanchang on Saturday. Li underscored major projects to be carried out to push forward the reform by the year...
China started anti-dumping and anti-subsidy investigations yesterday into imported chicken products from the United States, the Ministry of Commerce said. The move was welcome news to the Chinese chicken industry, which has seen profits decline over the last three years amid rising chicken imports. She Feng, general manager of Huadu Foodstuff, the main ...
China will adopt powerful measures to tackle heavy metal poisoning following a recent string of lead poisoning incidents involving thousands of children in Shaanxi and Hunan provinces, a senior environmental protection official said yesterday. "Pollution from heavy metals have become increasingly prominent, seriously endangering the health of local reside...
The US decision to increase Chinese tire tariffs risks starting a full-scale trade war, distorts economic growth and ultimately hurts consumers, according to a US trade expert. In an interview with Xinhua in Chicago Thursday, Marshall P. Eldred, president of Chicago-based international trading company Golden Hill Foods, said the tire decision was protecti...
Indonesia and China will cooperate in management and certification of forest products to ensure legal wood trading between them to meet with rules on certification of origin under the US Lacey Act, a media reported in J akarta Friday. Director General of Forest Product Development in the Indonesian Ministry of Forestry Hadi Daryanto quoted by the Jakarta ...
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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