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General Motors is recalling nearly 1.5 million Buick, Chevrolet, Oldsmobile and Pontiac mid-sized cars equipped with a 3.8-liter engine because an oil leak could start an engine fire. Under hard braking, engine oil could leak past a heat shield and drip on the exhaust manifold, the Automotive News reported on Monday. The National Highway Traffic Safety ...
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...
China's Ministry of Finance (MOF) urged Chinese enterprises to conduct better fiscal management Monday to fend off risks amid the worsening global economic environment. Chinese companies are facing higher investment risks, declining asset quality and heavier fiscal burdens, according to a circular issued by the MOF. The circular came after the Hong Kon...
China unveiled Friday an investment guide book to help domestic firms make foreign investments. The first batch of the guide book released Friday by the Ministry of Commerce covers 20 countries, such as Pakistan, Thailand, Malaysia and Japan. The guide book includes investment laws and regulations of the 20 countries and statistics about individual coun...
China's exports fell for the fifth month in a row to 90.29 billion U.S. dollars in March, down 17.1 percent from a year earlier, the General Administration of Customs said Friday. In February, the country's exports plummeted 25.7 percent year-on-year, the worst decline in more than a decade. Imports slumped 25.1 percent year-on-year in March to 71.7...
China's Ministry of Commerce (MOFCOM) issued on Friday morning the guidelines for overseas investment and cooperation with countries and regions for the purpose of speeding up the "Go Abroad" strategy, facilitating the overseas investment and cooperation with Chinese enterprises. The guidelines cover over 160 countries and regions acros...
China's Ministry of Commerce stated that between April 7 and 8, the second round of negotiations on the China-Chile Free Trade Zone Investment Agreement was held in Beijing. The two sides came to an agreement regarding the basic text for the negotiations on the investment agreement, and have provided the details of their own focus points. Both sides hope...
Brazil's agricultural exports to China registered a 52.5 percent increase in March, totaling 598.8 million U.S. dollars, Brazil's Agriculture Ministry said on Thursday. These figures made exports to China accounted for 12.5 percent of its total agricultural exports in March, up from last March's 8.5 percent. Agricultural exports to China in the first...
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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