Chinese business circles are deeply worried about the protectionist measures against Chinese products that the Argentine government has taken, a senior diplomat at the Chinese Embassy said in an interview published in La Nacion newspaper Sunday. These import measures are discriminatory, said Yang Shidi, economic and commercial counselor of the Chinese Emb...
He Ning, Director General of the Department of American and Oceanian Affairs of China's Ministry of Commerce (MOFCOM), recently said that the economies of China and New Zealand are highly complementary with one another. They have vast development potential in fields including machinery and electronics, farming and animal husbandry, service trade, environme...
The venture capital (VC) funds kept rising in China last year, with 91 new funds entering into market, up 57 percent from the previous year, according to a report released by EZ Capital and Holy Zone, a consulting firm. Up to 264 billion Yuan (37.7 billion U.S. dollars) were raised by the new funds in 2008, a rise of 347 percent, China Daily quoted the re...
China should establish a metal mining development fund to help Chinese firms raise capital for investment abroad, according to China Minmetals Corporation president Zhou Zhongshu. Zhou proposed that the fund can comprise both state and private capital to take advantage of opportunities presented by the current falling market prices and the steady value of...
Vestas, the world's largest wind power equipment manufacturer by market share, Saturday announced it had increased investment in its China subsidiary for a fifth time in a bid to tap growing business opportunities. The Danish company invested another 90 million U.S. dollars, increasing the total investment in Vestas Wind Technology (China) Ltd. to 363 mi...
A senior official with China's largest state-own gas company said in Doha Saturday that China planned to import more liquefied natural gas (LNG) from Qatar in the coming years to feed the huge demand of domestic market. Fu Chengyu, general manager of China National Offshore Oil Company (CNOOC), said in the opening ceremony for CNOOC's office in Doha tha...
Another Chinese delegation of businesses and industry leaders, led by the Ministry of Commerce (MOC), left for four European countries Saturday for investment and economic cooperation, the MOC said. The business delegation, following purchases totaled more than 10 billion U.S. dollars in Europe by a Chinese procurement delegation in late February, are hea...
Coca-Cola Co., the world's largest soft drinks maker, said Friday it will invest more than 2 billion U.S. dollars over the next three years in China, as the company saw the fastest growth here across the world even amid the current global economic downturn. The investment will be used on new bottling plants and distribution infrastructure, and marketin...
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