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Vietnam will cut import tariffs by an average of roughly 2 percent on many types of goods between now and the end of 2009 in order to comply with the government's commitments to the World Trade Organization, the Ministry of Finance said. Among the goods subject to lower duties will be beer and liquor, tobacco, coffee, vegetable ...
Thirty five years ago, my late father Tun Abdul Razak, then prime minister of Malaysia, set foot in China marking the beginning of a new era in bilateral relations that opened up a historic chapter in Sino-Malaysian relationship. It was a brave, bold and momentous decision that prompted other South East Asian nations to follow Malaysia's lead in establishi...
General Motors Corp.'s fast-growing China operation will be unaffected by the parent company's bankruptcy and plans to open a new factory within five years will not change even as the automaker closes US facilities, the unit's president said Tuesday. GM China is sticking with a five-year plan to double annual sales to 2 million units and roll out 30 ne...
Visiting US Treasury Secretary Timothy Geithner is expected to reassure China of the safety of its investments in the US and resist the temptation of trade protectionism - crucial to woo further Chinese lending to the world's largest borrower. Geithner, who arrived in Beijing yesterday on his first trip as Treasury chief, is expected to meet with Preside...
The second China-Japan high-level economic dialogue is scheduled to be held on June 7 in Tokyo, Chinese Foreign Ministry spokesman Qin Gang said in Beijing on Monday. Chinese Vice Premier Wang Qishan and Japanese Foreign Minister Hirofumi Nakasone will co-chair the dialogue, Qin said in a press release, noting heads and senior officials of the two...
Many multinationals have seen their market value plummet since the global financial crisis broke out. Discussions over whether China should start buying up overseas assets at much cheaper rates through mergers and acquisitions (M&As) are becoming heated. But an article in www.china.com calls for discretion over such plans. Excerpts: The call for Chi...
China's futures trading volume in May totaled 138 million lots, up 60 percent from a year earlier, but down 20 percent from April, according to statistics released by China Futures Association (CFA) in Beijing late Saturday. Total trading in May reached 9.37 trillion yuan (about $1.37 trillion), up 85 percent year-on-year. The country's futures tradin...
The Beijing government yesterday released new regulations aimed at attracting more multinational corporations to set up their regional headquarters in the capital. The New Regulations on Encouraging Multinational Companies to Establish Regional Headquarters in Beijing will take the place of the old one of 1999, and its implementation rules on how these po...
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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