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The China Securities Regulatory Commission (CSRC) said Friday it would conduct more checks of listed companies in a bid to avoid malpractice in stock trading. Majority shareholders of listed companies, relevant parties involved in mergers and acquisitions and securities brokers would all be subject to examinations, the CSRC said in a draft revision. ...
Homebuyers in Beijing will have their contract tax halved if the price is below a certain level from today (Monday). The Beijing municipal construction committee issued a circular on Saturday to this effect as part of its effort to encourage spending to boost the housing market and tackle the economic downturn. For example, if a person buys a 120-sq...
Provincial governments on China's mainland have proposed more than 10 trillion yuan (US$1.46 trillion) in infrastructure spending, state television reported Sunday, following the central government's launch of a massive stimulus plan to revive slowing economic growth. The central government earlier this month announced a 4-trillion-yuan stimulus packag...
China is set to raise export tax rebates on textile products to 17 percent after the government unveiled six measures to shore up flagging exports on Wednesday, analysts said. Although the move hasn't been officially announced, there has been much speculation among industry insiders and experts that higher tax rebates are on the way. The 21st Centur...
China's Ministry of Commerce (MOC) said on Thursday the quota on cocoons and certain silk thread products will be removed starting January 1, 2009. According to a statement on the MOC website, related exporters no longer need to apply for an export quota license when the policy becomes effective. The 2008 quota was 26,000 tons for silk threads and...
China Central Television (CCTV) announced on Tuesday that the total bid value for its TV channels in 2009 topped over 9.2 billion yuan, which, insiders believe, reflects investors' confidence in China's economic future, local newspaper Jinghua Times reports. Thousands of enterprises attended CCTV's annual prime-time ad auction on Tuesday in the Media C...
A spokesman with the Chinese Ministry of Commerce (MOC) said Thursday the free trade agreement (FTA) between China and Peru was expected to become effective in the latter half of 2009. The two countries reached the agreement on Wednesday. It says a full exemption of customs duties on more than 90 percent of cargo trade would gradually be imple...
Crude oil dropped below 50 U.S. dollars a barrel Thursday morning due to concerns of slumping demand brought by global economic downturn. Light, sweet crude for December delivery fell 3.71 dollars to 49.91 dollars a barrel on the New York Mercantile Exchange shortly after the morning trading started. Source: CRIEnglish
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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