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Hong Kong-based Asia Television Limited, or ATV, announced on Thursday it was laying off 207 employees, followed by an announcement on the sacking of about 50 employees by its competitor Television Broadcasting Corporation, or TVB. The announcement by ATV, one of the mainstream stations in Hong Kong, came in the afternoon, with Executive Chairman Linus...
The Ministry of Commerce said Thursday it would start an anti-dumping investigation against terephthalic acid from Thailand and the Republic of Korea. The ministry said it would examine the scale of the alleged dumping and its damage to the domestic industry. Terephthalic acid is an organic compound used in polyester coatings and resins. Source: ...
Guangdong province, the country's top economic powerhouse, is forecasting 8.5 percent GDP growth this year, a draft government report said Thursday. The report is yet to be discussed by delegates to the provincial people's congress, which opens Friday in the provincial capital of Guangzhou. Growth will be less than last year's 10.1 percent, sources ...
The U.S. trade deficit fell 4 percent in December to 39.9 billion dollars, the lowest level in nearly six years, the Commerce Department reported on Wednesday. U.S. exports of goods and services fell by 6 percent in the month to 133.8 billion dollars while imports dropped by a record 5.5 percent to 173.7 billion dollars. Imports of autos and auto p...
China's top quality supervisor has banned imports of Philippine pork products after the island country reported finding of Ebola-Reston virus in four pig herds on its Luson Island at the end of last year. It was the first time the lethal virus was discovered in livestock. All pork products from Philippine already at Chinese ports should be turned ...
China's export volume went down 17.5 percent year-on-year to 90.45 billion U.S. dollars in January, the General Administration of Customs said on Wednesday. The import volume, however, fell by a much larger degree of 43.1 percent to 51.43 billion U.S. dollars. The total foreign trade was 141.8 billion U.S. dollars, with the trade surplus up 1...
Trade between Russia and China would likely slow down as the lingering financial crisis worsens, Serger Tsyplakov, Russian trade representative in China, told Xinhua Tuesday. He said Russian-Chinese bilateral trade posted a rapid growth in the first half of last year but slowed in the second half, especially in the fourth quarter, as the global economi...
China's toy makers voiced their discontent on Wednesday with India's temporary import ban on China-made toys, urging Indian authorities to scrap the rule as early as possible to facilitate the industry's stable development for both countries. The written protest came from the Toy Chapter of the China Chamber of Commerce for Import and Export of Light I...
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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