China will export coffee directly to the United States in April, according to a deal signed between the ECUM Coffee Group and Yunnan Hogood Co. Ltd.. In a statement Saturday, Hogood said it will export 240 tonnes of coffee beans per month to Atlantic (USA) Inc., a member of the Denmark-based ECUM Coffee Group. Before this deal, Chinese coffee reached fo...
Volkswagen Group China (VGC) is trying to double automobile sales to 2 million in the country by 2018, according to its 2018 Strategy issued Thursday. To achieve this, VGC said it would continue upgrading its sales network and expand the number of dealers from 1,000 to 2,000. It also said it plans to tap into markets in the less developed western region...
Mitsubishi Motors, one of Japan's major car producers, will recall 9,390 vehicles in China from March 7 for brake system problems, the General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ) announced Friday. The problematic vehicles include 9,108 Outlander EX models produced in the period from Nov. 7, 2007 to Dec. 5, 2008, and ...
A Chinese business delegation was warmly received on Wednesday by their Spanish hosts, who hailed the visit as an important step in deepening bilateral trade ties, and a good example of joint efforts to combat the impact of the global financial crisis. Spanish and Chinese companies earlier in the day signed more than 20 contracts and agreements worth abou...
Spain is set to strengthen its economic and trade ties with China, Spanish Minister of Industry, Tourism and Commerce Miguel Sebastian said here Wednesday. Spain attaches great importance to promoting economic and trade ties with China, and the government has drafted a China plan to expand trade and investment between the two countries, the minister said....
German carmaker Volkswagen AG plans to double its annual China sales by 2018, the company said yesterday. We are targeting sales of 2 million vehicles in China by 2018 from the current annual sales of 1 million, said Winfried Vahland, executive vice-president of Volkswagen Group and president & CEO of Volkswagen Group China. This is part of the group...
China National Petroleum Corp (CNPC), the country's largest oil and gas producer, has got government approval to build a giant refinery in the southern Guangdong province. The project will be located in Jieyang in southeast Guangdong, and will process over 10 million tons of crude annually, said a CNPC official who declined to be named. This will be CNPC...
A Chinese business delegation signed more than 20 procurement deals with Spanish firms in Madrid on Wednesday, which are worth 320 million U.S. dollars. The contracts and agreements covered a wide range of industrial and agricultural commodities, including aircraft simulators, auto parts, steel, wool, marble, seafood, olive oil, wine and ham. Chinese Co...
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