China's Ministry of Commerce announced on Tuesday it approved the Belgian brewer's buyout of Anheuser-Busch Cos. (AB), saying investigation result show the merger would not damage competition in Chinese beer market. But it also restricted the two companies from increasing their existing stake in Chinese beer makers, in order to reduce negative impact ...
An increase of 20 percent is expected for China's imports and exports in 2008, showing a slight slowdown compared with that in 2007. Facing an even more challenging environment for its foreign trade in the future due to the international financial crisis, the country will adopt more trade facilitating measures. The Ministry of Commerce released i...
A shopper is choosing products for Christmas in a gift store at Guangji Road, Suzhou, East China's Jiangsu Province on Nov. 17. Although there is still one month away Christmas Day, various Christmas ornaments and gifts are already at large on sale, attracting a lost of customers. Source: People's Daily Online
Iran, Qatar and Russia, three major gas exporters, will hold a new round of talks on gas cooperation later this week in the Qatari capital of Doha, Iranian Press TV reported on Monday. "The three countries are going to discuss (in Doha) the creation of a Supreme Technical Committee," the report quoted Reza Kasaeizadeh, managing director of National Ir...
Turkey aims to become the number one marble exporter in the world with a target of 2.5 billion U.S. dollars export by the year 2010, the semi-official Anatolia news agency reported Thursday. Turkish State Minister for Foreign Trade Kursad Tuzmen unveiled the target in the 5th International Marble Fair which kicked off in the biggest Turkish city of Is...
Iran expects a 30-percent increase in gasoline imports next month, compared with last year's average, the semi-official Fars news agency reported on Monday. The rise of gasoline imports in December is to compensate for output lost during a heavy work schedule at oil refineries in the fourth quarter, Fars quoted trade sources as saying. The imports...
China's Ministry of Finance announced on Monday a list of 3,770 items involved in the third export tax rebate increase this year. The items include labor-intensive, mechanical and electrical products. New export tax rebate rates on these items were also announced. The change take effect Dec. 1. The announcement came four days after the State Counc...
The International Energy Agency Thursday cut again its global oil demand forecasts for this year and next year as economy recession in the world-wide. In its latest monthly report, the Paris-based agency lowered its forecasts for global oil demand to 86.2 million barrels per day in this year and 86.5 million barrels per day in 2009, compared with 86.5...
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