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The U.S. Securities and Exchange Commission (SEC) voted on Wednesday to publish for public comment a proposed roadmap that could lead to the use of International Financial Reporting Standards (IFRS) by U.S. issuers beginning in 2014. Currently, U.S. issuers use U.S. Generally Accepted Accounting Principles (U.S. GAAP). The SEC would make a decision in...
Township leaders present a letter of appointment to Wang Ping, the newly elected village affairs supervisor in Linggui village, Sichuan province, last April. Every village in the town selected a supervisor to monitor the performance of village heads and committees. Once bitten by a snake, a Chinese proverb says, a man will fear even a piece of rope for th...
People who buy Olympic souvenirs in the hope they might one day be worth a fortune should take a breath and count to 10 before parting with their money, an expert said Tuesday. Li Xiang, from the China Association of Collectors, said that although the value of some items might soar at first, interest in them will almost certainly decline over time. ...
Chinese exports to Israel surpassed Germany's in 2007, making China Israel's second largest importing country, Israel's Central Bureau of Statistics said on Wednesday. Imports from China grew to 4.6 billion U.S. dollars in 2007 from 3.2 billion dollars in 2006, the bureau said. In 2006, Germany was the second largest exporter of goods to Israel ex...
The U.S. Department of Agriculture's Animal and Plant Health Inspection Service has proposed regulations to allow a systems approach for the importation of Chilean grapes into the country. The agency said the systems approach would provide an alternative to methyl bromide fumigation, while continuing to provide protection against the introduction of q...
Sales of 193 sample enterprises in Beijing averaged 190 million yuan (about 27 million U.S. dollars) per day during the Olympics, up 17 percent from the same period last year, said Beijing Municipal Bureau of Commerce on Tuesday. The sample enterprises included stores with a distinctive Chinese flavor such as those in the Silk Street and famous tradit...
Egypt's North Sinai Governor Mohamed Shousha said here Monday that he welcomes investments from China, particularly in the domains of high technology, tourism, mining and water resources. In an interview with Xinhua, Shousha said there is a great potential for Egypt and China to boost investment in various fields in the northeastern Egyptian governorat...
Vietnam has so far this year exported over 3 million tons of rice worth nearly 1.8 billion U.S. dollars, down nearly 1.7 percent in volume but up 94 percent in value against the same period last year, local newspaper Pioneer reported Tuesday. Of the total rice export earnings, nearly 61.6 percent came from Asia, 17.1 percent from Africa and over 14.7 ...
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