Trade News

Double harvests on trade fair's first daySep 18, 2009

By the end of the first day of Nanjing's four-day Taiwan Trade Fair, visiting businessmen had collected a double harvest: valuable suggestions on tailoring their business strategies for the mainland and a satisfying number of sealed deals. As large crowds poured into the main trade exhibition, two smaller activities were also held in the same venue: a sy...

Sick worker finally gets compensationSep 18, 2009

A migrant worker known for literally opening up his chest to prove he had occupational lung disease finally received the compensation he had been demanding. Zhang Haichao said yesterday he was very lucky to finally be compensated thanks to media exposure. The 28-year-old on Tuesday received 615,000 yuan ($90,000) from Xinmi-based Zhengzhou Zhendong Fire...

Developers make a beeline for public floats in Hong KongSep 18, 2009

A bunch of Chinese real estate developers led by Glorious Property are making a beeline to list on the Hong Kong bourse hoping to cash in on the capital and property market rebounds. First off the mark has been Glorious Property which launched an initial public offering on Sept 14 and is set to be followed by Beijing-based Longfor Group, Guangzhou-based E...

CNPC for deepwater digs post 2015Sep 18, 2009

Top Chinese oil company China National Petroleum Corp may start deepwater oil and gas exploration after 2015 when some deepwater facilities become available, a company engineer said yesterday. "CNPC has some blocks in Africa and the Middle East, but they are still at the beginning stages," Tian Honglian, an engineer with the State-owned company's economi...

Global investors' faith in China swellsSep 18, 2009

China's charm for foreign investors has not waned despite the global credit crunch that dampened investors worldwide, according to a UN report on trends in foreign direct investment. The economically recovering nation also capitalized on the financial crisis by buying cheap overseas assets, according to the World Investment Report 2009 released yesterday...

Govt travel hits brakesSep 18, 2009

Government departments nationwide spent far less going abroad in the first half of this year, following strict penny-pinching requirements from the Central Committee of the Communist Party of China (CPC). Compared with the average of the past three years, the number of groups going abroad the first half of 2009 decreased by 55 percent, and the number of t...

Metal demand back on trackSep 17, 2009

Commodity demand in China, the largest metals user, "is back on track in a very big way", and copper and coking coal have the best prospects for price gains as the world economy accelerates, according to CLSA Research Ltd. "Commodities that give investors the most upside potential when the rest of the world demand recovers" are those with supply constrain...

Haier invests in MacedoniaSep 17, 2009

Haier invests in Macedonia(Xinhua) Updated: 2009-09-17 05:21 Comments(0) PrintMailChinese Haier and South Korean Triview plan to invest 9 million euros ($13.21 million) in Macedonia to produce LCD monitors and TVs, followed by computers, which are going to be sold onto European markets. The 7,300 square meters plant is located in Skopje industrial zone B...

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Qingdao Saint Voyage Log

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