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Egypt is looking forward to more Chinese investment to help fuel the economy of the most populous Arab country in the future, Youssef Wali, chairman of the Egyptian-Chinese Friendship Association (ECFA), said on Wednesday. Wali made the remarks at a ceremony organized by the Chinese embassy in Cairo to mark the 10th anniversary of the establishment of Chi...
Buyers and sellers at the 105th Canton Fair in south China's Guangdong Province are no longer restricted to using the U.S. dollar to settle their deals. This year they can also use the yuan, China's currency. Last week, the State Council (Cabinet) gave the greenlight to five major trade cities -- Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan -- t...
The characters on the red part means Chinese auto market is booming, and the characters on the grey part means the overseas auto market is suffering. The characters under the central steering wheel are China. Chinese automakers must keep calm and think twice before they venture into any merger and acquisition deals abroad, even as they face tempting acq...
Shanghai will start work on a major silt treatment facility in 2010, the Shanghai Urban Construction Investment and Development Corp. (Shanghai Chengtou) announced Monday. The project, which would be the largest silt treatment facility in Asia, will be located in Heqing Township in the Pudong New Area. Major construction work is due to be completed at t...
Reporters learned from the preparatory meeting for the 6th China-ASEAN Expo (CAEXPO) that the previous five CAEXPOs yielded rich economic and trading outcomes. Over the previous five CAEXPOs, trading volume reached 6.517 billion USD, contracted international cooperation projects reached a total investment of 28.62 billion USD, and signed domestic cooperatio...
Trade between China and South Asian countries soared in 2008 and China has been very active in expanding its trade with South Asian countries, Chen Jian, vice minister of Chinese Ministry of Commerce said at the 2nd South Asia Countries Commodity Fair Press Conference on April 10. According to Chen, in 2008 trade between China and the seven countries in S...
Figures from the General Administration of Customs showed that China imported 5.72 million tonnes of coal in March, up 37.4 percent year on year. The monthly amount also represented a 11.9 percent rise from February. Analysts attributed the coal import rise to the recovering domestic demand and lower imported coal price compared with the domestically-pr...
While the developed world tighten their belts and focus spending on daily necessities, the big luxury companies are looking to China's new rich to buy their jewelry, clothes and bags. There is no doubt that luxury brands will come to China and grab a piece of the huge potential market, says Guo Zuli, director of the World Luxury Research Center, which op...
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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