Hong Kong stocks surged 556.94 points, or 2.82 percent, to close at 20,318.62 on Friday. Turnover rose to HK$75.66 billion($9.77 billion ) from Thursday's HK$57.77 billion ($7.46 billion). Source: BizChina
Strategic cooperation between Australia's Aquila Resources and China's Baosteel focuses on win-win outcome, an Aquila Resources executive told Xinhua on Thursday. Russell Tipper, general manager of iron ore for Aquila, said in a telephone interview with Xinhua that the agreement signed on Aug 28 between the two provides a foundation for long-term strate...
China will be expecting more input during the restructuring of the international financial system after agreeing on Wednesday to buy the first $50 billion of the International Monetary Fund (IMF)'s new bonds. The purchase, made three weeks before the Group of 20 Summit that will be held in Pittsburgh, is being seen as an example to the rest of the world ...
China's 2.3 trillion yuan ($337 billion) fund industry may triple in size over the next five years as new products attract money away from banks in the world's fastest-growing major economy. The nation's 18-year-old fund industry is stepping up innovations under Beijing's financial reforms, preparing for products such as global exchange-traded funds (...
Chinese Minister of Commerce Chen Deming said in New Delhi on Thursday that China will continue to play a constructive role in working for an early conclusion of the World Trade Organization (WTO) Doha Round Talks. When addressing the WTO Mini-ministerial meeting held in New Delhi, Chen said that at a time when global economy has been severely hurt ...
Google's president of Greater China Kai-fu Lee wrote in his blog Friday that his next step is to create a "technology miracle" with young Chinese after he leaves the company in mid-September. Shortly after the company announced his resignation Friday, Lee explained in his blog on sina.com that he left to make up for a regret of his life. "I have no reg...
Chinese Minister of Commerce Chen Deming left for New Delhi Wednesday to participate in a World Trade Organization (WTO) ministerial meeting, the Ministry of Commerce said. The three-day meeting, the first since a Geneva meeting in July 2008 broke down, aims to restart the Doha Round of WTO talks, which have stalled since July 22, 2006 over divisions on a...
Although Sino-African trade had weakened during the global financial crisis, Chinese and African enterprises could strengthen their collaboration and emerge from the downturn together, Chinese trade officials said at a trade fair Wednesday. Huang Xiwen, chief of Jilin province's Commerce bureau, said at the 2009 China Africa Economic and Trade Cooperatio...
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.
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