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China bought more diamond from abroad against the financial crisis effect in the first half of this year, Shanghai diamond trading administration office said on Sunday. Between January and June, China's foreign trade in diamond amounted to $692 million, a growth of 6.9 percent on the same period of last year. The total included a record $300 million in...
The first half of this year was not kind to veteran credit card salesman Zhang Tianyu's wallet. His monthly salary shrank ten times from nearly 20,000 yuan two years ago to about 2,000 yuan this year. The dramatic drop in income was experienced by other credit card salespeople, too, as banks backed away from a previously generous policy when it came to...
China's coal production continued to ease in the first half of this year on flat domestic demand amid the economic slowdown. The crude coal output increased 8.7 percent year-on-year to 1.36 billion tons in the first six months, but 6.1 percentage points lower than the same period a year ago, data released by the National Development and Reform Commission...
Wuhan, Chongqing and Chengdu aren't exactly names that roll off the tongue for foreign investors in China's real estate. But these cities may offer more bang for the buck than their more famous coastal cousins or the capital city of Beijing. Helped partly by the government's "Go West" policy and their less export-focused economies, Chinese cities in ...
China's venture capital market experienced an upsurge in fundraising and investments in the second quarter, signaling growing confidence in China's economy, according to a new report from the market researcher Zero2IPO Group. According to the report, 17 funds were established in the second quarter, among which newly raised funds available for investment...
Chinese Vice Premier Li Keqiang urged local authorities Sunday to cut unnecessary spending and beef up fiscal revenue to support the economic recovery amid the grim fiscal conditions. Although the economy has shown signs of stabilizing, many difficulties and challenges remain, Li told local financial bureau heads at a conference in Beijing Sunday. He sa...
A POTENTIAL buyer's withdrawal after a refusal to increase the offer for Gatwick airport signals new problems for the debt-ridden British Airport Authority (BAA) which sees the bid of GBP1.4 billion (US$2.3 billion) falling GBP100 million short of the sale price. The sole bid from the consortium made up of the Manchester Airports Group (MAG) and Canadian...
China's banking regulator said Thursday that rules on mortgage for second-home buyers were not changed and it would "unswervingly" maintain it's current rules. Liao Min, spokesman of the China Banking Regulatory Commission (CBRC), made the remark in response to recent domestic media reports that the CBRC would tighten such rules on worries that soaring ...
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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