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The Dominican Republic and Brazil signed an agreement Tuesday to promote bilateral trade. The deal was signed here between the Dominican Republic Export and Investment Center (CEI-RD) and a Brazilian official export agency, Apex-Brasil, CEI-RD Director Eddy Martinez said. The new agreement seeks to improve trade balances between the tiny Caribbean islan...
The governments of Argentina and Venezuela on Tuesday signed a package of agreements on furthering bilateral trade. "The agreements will allow us to considerably increase Argentine sales to Venezuela," said Argentine Industry Minister Debora Giorgi after meeting with her Venezuelan counterpart Edmee Betancourt. Under the agreements, Venezuela will impor...
By honoring its commitments to the World Trade Organization (WTO), China has made an above-average contribution to the Doha round of world trade talks, Chinese ambassador to the WTO Yi Xiaozhun said here Tuesday. "China is open to any form of negotiations, as long as those negotiations respect the development demand, build on the progress achieved and cen...
A Chinese mainland official said Wednesday that the mainland and Taiwan will hold a forum on economy, trade and culture, the seventh of its kind, on May 6-8 in the southwest city of Chengdu. Wu Poh-hsiung, honorary chairman of the Kuomintang (KMT) will lead the delegation from Taiwan to attend the forum, said Fan Liqing, spokeswoman for the State Council...
Global clean energy finance and investment grew significantly in 2010 to 243 billion U.S. dollars, a 30 percent increase from the previous year. China, Germany, Italy and India were among the nations that most successfully attracted private investments, according to a report released Tuesday by The Pew Charitable Trusts. China continued to solidify its po...
SHANGHAI's February export value dropped 36.3 per cent from January and fell 5.2 per cent year on year to US$25.5 billion, marking the end of a 14-month growth streak, reports Xinhua. According to Shanghai Customs, the sharp increase in the cost of raw materials and labour as well as the continuous appreciation of the yuan has also been reasons for the ...
The Chinese currency, or the yuan, on Tuesday weakened 7 basis points to 6.5625 per U.S. dollar from Monday. On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day. The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening ...
The profit growth of China's large industrial companies registered a year-on-year 34 percent increase in the first two months of this year, according to data released by the National Bureau of Statistics (NBS) on Sunday. The rate was significantly lower than the 119.7 percent year-on-year growth achieved in the first two months of 2010, the highest in t...
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