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Still a lot of room for investment Currently, investments made by Chinese private enterprises in Africa are still at a tentative stage. "Many private enterprises that have invested in Africa are in a transition period." Ge said. In general, private enterprises are primarily engaged in trade and begin to invest in industries there after...
In 2008, trade volume between China and Africa reached 106.8 billion USD, marking that the goal proposed by the Beijing Summit for the Forum on China-Africa Cooperation to push China-Africa trade volume to 100 billion USD by 2010 was realized ahead of schedule. Private enterprises have played a remarkable role in achieving that goal. Since the global fina...
According to the preliminary statistics from China's Ministry of Commerce and State Administration of Foreign Exchange, China made 52.15 billion USD of direct overseas investment, nearly double that of 2007. Non-financial direct investment stands at 40.65 billion USD of the total, taking 78%; and the other 11.5 billion USD belongs to financial di...
Chilean Mining Minister Santiago Gonzalez on Wednesday hailed an investment deal between China's mining giant Chinalco and Rio Tinto. According to the agreement signed last Thursday, the Rio Tinto mining group will get an investment of 19.5 billion U.S. dollars from Chinalco while the Chinese company will obtain stakes of Rio Tinto's assets in Chile's ...
China's imports and exports of electronics and information products reached 885.4 billion U.S. dollars in value last year, said the Ministry of Industry and Information Technology here Wednesday. The figure represented a 10 percent growth from 804.7 billion U.S. dollars in 2007. The growth rate was less than 23.5 percent in 2007. Among the total, ex...
Hong Kong Post and the post authority of the Republic of Korea (ROK) signed an understanding memorandum here Wednesday, setting up a new e-commerce collaboration to offer customers a wide selection of popular products and e-merchants. Speaking at the memorandum of understanding signing ceremony, Acting Postmaster General YF Chan said Hong Kong has seen...
General Motors' proposed $30-billion restructuring plan would not impact its China operations, the company's local unit and analysts said separately. China's automobile market has shown increased sales and we are still profitable here, GM China said in a statement yesterday. The company has maintained its leadership position among multinational automak...
A website that provides useful information for Guangdong companies involved in international trade was opened yesterday by the provincial government. Vice-Governor Wan Qingliang said at the launch ceremony yesterday that the site - www.gd218.org.cn - will serve as a platform for local businesses, featuring such things as information on global market...
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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