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Clean energy and the reform of the international financial system will top the agenda of the upcoming meeting of the Group of 20 (G20) in the US city of Pittsburgh, which is scheduled for September 24-25, a Mexican expert told Xinhua in an interview on Monday. Tomas Milton, an expert on international relations at the National Autonomous University of Mexi...
China Investment Corporation (CIC), the country's $200-billion sovereign wealth fund, is in talks to take a minority stake in power company AES Corp, the Wall Street Journal said yesterday, citing unnamed sources. The possible deal is part of wide-ranging discussions aimed at building an alliance between AES and China Investment Corp, the paper said. It ...
With the mainland stock market swinging wildly in the past month, anxious investors are trying to unravel the mystery behind the dramatic ups and downs. The nearly 20-percent plunge of the Shanghai Composite Index in August and the recent rally over a 10-session winning run have all driven home the point that the key driving force for the swings is direct...
Ministry of Commerce spokesman Yao Jian said Tuesday it was investigating the alleged dumping of auto and chicken products from the United States. The ministry Sunday said domestic enterprises had complained chicken and auto products from the United States were allegedly entering the Chinese market through unfair trade involving dumping and subsidy. Dom...
China received $7.5 billion of foreign direct investment in August, up 7 percent from a year earlier, said Yao Jian, spokesman of the Ministry of Commerce (MOC) on Tuesday. It is the first time in 2009 that FDI has risen year on year, Yao said. In contrast, China's FDI dropped 35.7 percent to $5.36 billion in July from a year earlier. Foreign direct in...
President Hu Jintao will spend next week in the United States to explain his nation's role in tackling the financial crisis, climate change and nuclear disarmament to global leaders. President Hu will be in New York from Sept 21-24 before heading to Pittsburgh, Pa, for the G20 meeting of world leaders from 19 countries as well as the European Union on Se...
With the demand for rare earth increasing year by year, many buyers are taking the risk of smuggling rare earth from China, the largest rare earth exporter in the world, the China Business News (CBN) reported Monday. An anonymous government official told the CBN that about 20,000 tons of rare earth was smuggled from China in 2008. Customs statistics sho...
Hong Kong Hang Seng Index fell 229.22 points, or 1.08 percent, to close at 20,932.20 on Monday. Turnover fell to HK$50.87 billion (about $6.57 billion) from last Friday's HK$61.05 billion (about $7. 89 billion). 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
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