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Workers in Beijing put up a portrait of US President Barack Obama on Monday at an exhibition featuring portraits of 23 world leaders who will attend the G20 summit in London tomorrow. The Ministry of Commerce is sending a delegation to the United States this month to explore trade and investment opportunities - close on the heels of a similar missio...
As expectations of China's role at tomorrow's G20 summit grow, a top economist has suggested that Beijing make it clear that it should not be saddled with a burden it cannot bear. China can contribute in helping the world deal with the financial crisis and rebuild the financial order, but it should also make it clear that it is not capable of bailing ou...
China's securities watchdog on Tuesday issued guidelines that pave the way for the launch of a new financing platform for innovative startup companies. Based in Shenzhen, the Growth Enterprise Market is being patterned on New York's Nasdaq, with an emphasis on smaller, cash-strapped technology companies that show solid growth potential. It will seek t...
Indonesia may carry out the first delivery of liquefied natural gas (LNG) from Tangguh project in Papua to China's Fujian province in June, Indonesia's oil watchdog BP Migas said here Monday. Indonesia is expected to deliver 2.6 million tons of LNG annually from the Tangguh project to China's Fujian province for 25 years starting this year, it said. ...
The Export-Import Bank of China (China Exim Bank) on Sunday signed here a memorandum with Colombia's National Department of Planning on financing Chinese companies interested in developing infrastructure projects in Colombia. The agreement was inked by China Exim Bank Vice President Zhu Hongjie and the director of the National Department of Planning, Car...
Chinese coal prices fell in the first two months this year due to weak demands and high inventory, the Ministry of Industry and Information Technology (MIIT) said Friday. From January to February, coal output rose 3.6 percent year-on-year to 370 million tonnes. However, the coal exports plunged 41.6 percent to 5.1 million tonnes, the MIIT said. Coal i...
China Shenhua Group, the nation's top coal miner, agrees to offer 85 million tons of thermal coal to the state conglomerate China Resource Co., Ltd in the next five years, with both companies promising to keep the supply price relatively stable, according to a newly-signed deal here on Saturday. China Shenhua and China Resource will enhance the s...
General Motors (GM) said on Monday it does not rule out the possibility of filing for a bankruptcy protection. U.S. President Barack Obama announced details of the auto industry rescue package at the White House Monday, giving the biggest U.S. auto maker 60 days to restructure further. Our strong preference is to complete this restructuring out of court...
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