Trade News

Hyundai Signs Fair Trade Pact with Suppliers Sep 10, 2008

Hyundai-Kia Automotive Group, South Korea's No.1 automaker, said it signed a fair trade agreement with its 2,368 suppliers to promote a win-win relationship with its small and medium-sized partners, Korea Herald reported Wednesday. The deal has paved the way for Hyundai-Kia Automotive Group to establish a fair trade order with partner companies and pr...

Quake-hit Sichuan Draws Overseas Investment: Official Sep 10, 2008

The investment environment of quake-hit Sichuan Province had experienced increasing foreign investment in the past few months, said a local official at an investment fair in China's eastern Fujian Province. The provincial government had emphasized both relief work and development after the fatal earthquake, said Huang Xiaoxiang, vice governor of the s...

Shoppers turning to local brands Sep 10, 2008

Consumers could turn their backs on US manufacturer Procter and Gamble (P&G) and British firm Unilever after they raised prices in July on consumer goods by up to 20 percent in China to offset surging raw materials costs. That's according to a recent Sina.com suvey. More than 84 percent of 3,042 respondents surveyed by the website said the price hike w...

Investors still keen on realty Sep 10, 2008

Foreign investors are taking advantage of the cooling property market, rather than being put off by it. Contracted investment in the real estate sector in Shanghai accounted for 27 percent of all foreign direct investment in the first half, double that for the same period last year, according to the latest Shanghai statistics bureau report. The numb...

More Chinese enterprises aiming for investment in Africa Sep 10, 2008

More Chinese enterprises are investing in Africa with their technological and personnel advantages and the abundant resources in Africa, said Wang Chao, assistant minister of commerce, here on Monday. In recent years, the African economy has developed rapidly. China has a huge market, rich experiences in development, and capital, technology and profes...

More Chinese enterprises aiming for investment in Africa Sep 9, 2008

More Chinese enterprises are investing in Africa with their technological and personnel advantages and the abundant resources in Africa, said Wang Chao, assistant minister of commerce, here on Monday. In recent years, the African economy has developed rapidly. China has a huge market, rich experiences in development, and capital, technology and profes...

S. Korea, Latin America to Hold Business Forum in Seoul Sep 9, 2008

South Korea and Latin American countries will kick off a two-day business forum in Seoul on Tuesday, the Korea Times reported on Monday. The forum, the biggest South Korean-Latin American forum in history, is expected to be an occasion for South Korea to deepen energy cooperation as the current South Korean government has placed strong emphasis on dip...

Laughing All the Way to the Bank Sep 9, 2008

Chinese banking institutions have never had it so good. Listed banks posted glowing interim reports recently, with the ICBC emerging as the world's most profitable lender and China CITIC Bank posting a phenomenal 160 percent rise in profits. Increasing income from interest, bigger fee-based revenue and a tax rate cut propelled a highly satisfactory gro...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

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