The Border Trade Alliance on Friday urged House leaders to include $301 million in an economic recovery spending bill for upgrading Customs inspection facilities at land ports of entry. The amount is equal to that in draft legislation circulating in the Senate. The BTA, which represents border and trade interests, said in a letter to H...
Sinohydro Corp. told Xinhua on Monday that it signed a strategic partnership agreement with the China National Building Material Group Corp., the nation's largest building materials firm, to work together amid the financial crisis. The two leading state-owned enterprises (SOEs) will cooperate in the areas of project contracting, investment, real estate...
A leading Chinese egg exporter said Monday that the company will resume the egg exports after a thorough overhaul following the discovery of melamine contamination in chicken feed. The Dalian Hanwei Chicken Farming Ltd. based in Dalian City in northeast China's Liaoning suspended its exports after samples of the company's egg products exported to Hong ...
Channar iron ore mine, Sinosteel's overseas joint venture project with Rio Tinto in Australia, is in constant operation, China's metal giant announced here on Friday denying rumors the mine has been shut down following massive losses. All the company businesses, including our overseas projects are in good shape. There is no such thing as losing money,...
China's retail sales grew at an annual rate of 20.8 percent last month, down 1.2 percentage points from October, the National Bureau of Statistics said in Beijing Friday. Source:Xinhua
China will put the bulk of its investment on the development of agriculture, low-cost housing project, infrastructure, energy conservation and social welfare next year, People's Daily, the mouthpiece of the Communist Party of China, reports on Sunday. Explaining the use of the central government investment, Zhang Ping, minister in charge of the Nationa...
China's tourism industry has launched a major campaign to help arrest the major decline of American holidaymakers coming to the mainland. China's tourism industry has launched a major campaign to help arrest the major decline of American holidaymakers coming to the mainland. The financial crisis caused foreign tourist arrivals to fall sharply i...
Impacts of the global financial meltdown are becoming apparent in the foreign trade sector of China's national capital, Beijing. The growth rate of imports and exports in Beijing has been declining for six months. For instance, the year-on-year rise in May was 73.1 percent, but in October, the increase was only 45.6 percent, said a document poste...
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