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China's major industrial enterprises each with an annual sales volume of at least 5 million yuan (735,000 U.S. dollars) garnered 1.87 trillion yuan in combined profits in the first eight months of this year, the National Bureau of Statistics said Friday. The figure was 19.4 percent higher than the same period of last year. The total profits includ...
Airbus hopes to join in China's large plane project, said Thomas Enders, chief executive officer of the world's leading aircraft manufacturer, in Tianjin on Friday. I hope so, said Enders, who is in this north China port city for the Sept. 27-28 Summer Davos forum, in response to a Xinhua question on whether Airbus will join in the Chinese project tha...
The Bank of East Asia (China) Ltd. has conducted stable operations on the mainland for several years and its current fundamentals are sound, a banking regulator said on Thursday. The China Banking Regulatory Commission supports the judgments of the Bank of East Asia (BEA) by the Monetary Authority of Hong Kong, Yang Liping, deputy director of the agen...
The Nairobi Stock Exchange (NSE) said Thursday its unprecedented market capitalization slump was a result of the meltdown in the United States and the European capital markets. NSE chairman James Wangunyu said the market's unprecedented decline had been caused by the massive exit of foreign investors who had bought shares during the Safaricom Initial ...
China's huge market and cheap labor costs have made it the largest foreign direct investment recipient of all developing countries for 16 years straight. FDI has been a significant force for China's development as it's brought new technology, management know-how and capital to the country, Vice-Premier Wang Qishan said at a recent investment forum. ...
The Philippines intends to import some one-tenth of its rice requirements early next year despite expectations of good harvest for the period, the country's agriculture chief said on Wednesday. The Philippines, one of the world's biggest rice importer, may buy as much as two million metric tons of the grain, said Agriculture Secretary Arthur Yap, quot...
The gold price in Hong Kong added 16 HK dollars to 8,241 HK dollars per tael on Wednesday, according to the Bank of China (Hong Kong). The price is equivalent to 892.14 U.S. dollars a troy ounce, up2.14 U.S. dollars at Wednesday's exchange rate of one U.S. dollar against 7.754 HK dollars. Source: CRIEnglish ...
The European Parliament adopted a plan Wednesday to reform telecoms rules in the European Union (EU), aiming to boost competition and benefit consumers. The legislative package, approved by 597 in favor, with 55 against and 29 abstentions, would require an incumbent national telecoms operator to separate its network infrastructure from its services br...
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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