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The U.S. Trade Representative Susan Schwab said here Thursday that her country and China, as two WTO (World Trade Organization) leadership countries, should cooperate closely to push forward breakthrough of Doha round talks. Schwab, who was here among the U.S. high-profile trade mission for the fifth China-U.S. strategic economic dialogue (SED), made t...
China expressed concerns on four aspects of bilateral trade to the United States during the fifth Strategic Economic Dialogue (SED), Minister of Commerce Chen Deming said on Thursday. The four aspects were free trade in textiles, the expansion of high-tech trade, China's market economy status, and how both countries could work against misuse or abuse o...
Commerce Minister Chen Deming said on Thursday that China and the United States agreed to push forward on completion of the Doha trade round by the end of December. China expressed willingness to show its good faith and flexibility in the next phase of the Doha round negotiations and hoped the U.S. side will do the same, Chen said at a news briefing on...
Construction of a 60-billion-yuan nuclear power plant in Jiangxi province is expected to begin soon, a move in line with China's policy to boost the domestic demand. Located in Pengze in the Jiujiang city, the project is expected to come on stream in 2013, reported local media, citing unnamed sources. The plant is designed to have a capacity of 8,00...
China National Petroleum Corp (CNPC) has inked a deal to build a $3.29 billion oil pipeline in the United Arab Emirates (UAE), the company's largest overseas construction project so far. CNPC, the country's largest oil and gas producer, signed the agreement with its UAE partner on Sunday. It will build a 400-km pipeline to Fujairah port from an oilfiel...
The Coca-Cola Company announced yesterday that it had submitted an application for anti-monopoly approval to the Ministry of Commerce (MOFCOM) for its $2.3 billion takeover of premier domestic juice maker China Huiyuan Juice Group. The application for antitrust approval has been filed with the MOFCOM and the review process is progressing, the Atlanta-b...
The European Central Bank (ECB) is set to make a substantial cut of its benchmark interest rate when its governors gather in Brussels on Thursday for a monthly monetary policy meeting. With the eurozone economy officially declared in a recession and a larger-than-expected drop of inflation, analysts said the ECB will be both compelled and able to take ...
Dairy exports have ground to a halt during what traditionally is the industry's busiest time of the year, thanks to the tainted-milk food scandal. Latest General Administration of Customs (GAC) figures showed that only 1,036 tons of dairy products were exported in October, down 92 percent year-on-year. From January to September, the monthly average exp...
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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