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A bilateral economic and trade forum was held in Riga during a Chinese delegation's visit to Latvia from Monday to Wednesday. The delegation, organized and led by the Chinese Commerce Ministry, comprised about 60 entrepreneurs from 34 enterprises. It has been the largest ever Chinese economic and trade delegation since the establishment of the China-Latv...
The International Monetary Fund (IMF) said on Wednesday that China has agreed to buy the first bonds issued by the agency for about $50 billion. IMF Managing Director Dominique Strauss-Kahn and Yi Gang, deputy governor of the People's Bank of China, have signed the agreement, the IMF said. According to the agreement, China would purchase up to SDR 32 b...
Officials and experts have disputed claims from the European Chamber of Commerce in China that say China's "protectionist measures" and lagging economic reforms have stifled the business environment for overseas firms. Despite China's ongoing economic reforms, European enterprises doing business in the country are feeling the "increasing threat of prote...
The Inner Mongolia autonomous region is conserving reserves of rare earth metals, limiting exports and revamping the industry to prop up slumping prices and attract more investment, an official said yesterday. Rare earth metals, a collection of 17 different chemical elements, are used in superconductors, hybrid cars and other high-tech devices. China no...
US President Barack Obama is due to decide in about two weeks whether or not to impose punitive duties on Chinese tire imports. Despite huge domestic pressure, the president is expected to make a rational decision to protect both US interests and overall China-US trade ties. The decision is due by September 17, with some trade protectionists insisting on ...
Chinese equities climbed Wednesday after the country's securities regulator said it would take measures to promote the steady and healthy development of the market. The benchmark Shanghai Composite Index rose 4.79 percent, or 130.05 points, to finish at 2,845.02. The Shenzhen Component Index advanced 6.19 percent, or 665.1 points, to end at 11,404.05. ...
A senior official of the Xinjiang Uygur autonomous regional government said Wednesday that tourism is gradually recovering from the deadly July 5 riots and it will reach a "new peak" during the National Day holiday next month. Kuresh Mahsut, vice chairman of the regional government, said the riot in the regional capital of Urumqi, in which 197 people were...
Chinese equities gained on Wednesday, led by banking shares on the prospect that the country would not tighten its monetary policy. The benchmark Shanghai Composite Index went up 1.16 percent, or 31.25 points, to finish at 2,714.97. The Shenzhen Component Index advanced 1.17 percent, or 124.67 points, to end at 10,738.95. Combined turnover further shran...
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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