China Unicom, one of the nation's three leading mobile operators, started trials of its high-speed, third-generation (3G) network Sunday. 3G lets users enjoy faster wireless data downloads, make video calls and watch TV programs via mobile phones. The trial network covers 55 cities and would expand to 284 cities by the end of September, said company pr...
The third confirmed case of A/H1N1 flu on Chinese mainland had no sign of fever or other symptoms when entering the country on May 11, the country's quality watchdog said Sunday. According to investigation results from the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), the 18-year-old female surnamed Liu twice passed th...
Brazilian President Luiz Inacio Lula da Silva arrived here on Monday, kicking off his 3-day state visit to China. In a written interview with Xinhua ahead of his visit, President Lula said he understands that the Brazil-China strategic partnership consists of three key elements, namely, trade, scientific cooperation and coordination in international affai...
Panasonic Corp. on Friday announced a group net loss of 378.96 billion yen (3.94 billion U.S. dollars) in fiscal 2008. It is the first time that the Japanese electronics giant has fallen into the red in six years, said the company, projecting a further loss in fiscal 2009 due to massive restructuring costs to combat sluggish sales, plummeting gadget price...
China's Dongfeng Motor Co. Ltd. will recall 153,065 sedans due to engine flaws starting June 12, the General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ)said Thursday. The Teana sedans to be recalled were manufactured between July 1, 2004 and April 18, 2008, the product quality watchdog said. An air tube inside the engine o...
China's efforts to streamline approval procedures for foreign exchange business applications under the capital account category are expected to boost foreign investment into the country, experts said. The State Administration of Foreign Exchange (SAFE) on Wednesday issued a circular giving more power to its local bureaus in approving as many as 10 fore...
Zhou Xiaochuan, governor of the People's Bank of China (PBOC), Friday said China needs to modify market regulations to turn Shanghai into a global financial center. (We) should make clear and improve from time to time our rules of the game when developing a global financial center, Zhou told a financial forum in Shanghai. He said the rules, including...
The German economy contracted 3.8 percent in the first quarter of 2009 from the previous quarter, the Federal Statistics Office (Destatis) in Wiesbaden said Friday. That was the sharpest quarterly decline in nearly four decades and the fourth consecutive quarterly contraction to gross domestic product, Destatis said. The German economy shrank 6.9 percen...
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