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Two days after the World Trade Organization抯 global trade liberalization talks broke down in Geneva, trade organizations are still bemoaning the implications of failure. On Wednesday, the International Chamber of Commerce and American Soybean Association chimed in. ICC deeply regrets the failure of the key ministerial meeting in Geneva intended to...
Chinese Vice Premier Zhang Dejiang (R) meets with Mark Hurd, chairman and chief executive officer of Hewlett-Packard (HP), in Beijing, capital of China, July 31, 2008.(Xinhua Photo) Vice Premier Zhang Dejiang said on Thursday China encouraged foreign companies, including Hewlett-Packard (HP), to enlarge their business in the country. The Chinese go...
Macao registered a trade deficit of 12.91 billion patacas (1.66 billion U.S. dollars) for the first half of 2008, with exports/imports ration decreasing from 47.6 percent of the same period of last year to 39.8 percent, according to the figures released Thursday by the Statistics and Census Service (DSEC) of the Special Administration Region (SAR). Th...
China will raise the tax rebate on a range of textiles and garments to 13 percent from 11 percent, a shot in the arm for exporters that are struggling with a stronger yuan, weakening demand and rising costs. The move will take effect from today, the Ministry of Finance said on its website yesterday. The government also decided to scrap the tax rebat...
Johnson & Johnson (China) Investment Co Ltd bought Beijing Dabao Cosmetics Co Ltd in a bid to further expand its presence in the Chinese market. The subsidiary of the US -based consumer goods giant Johnson & Johnson acquired Dabao from Beijing Sanlu Factory and Beijing Dabao Co Ltd Staff Shareholding Committee. The deal is estimated at more than $300 m...
Chinese Commerce Minister Chen Deming said Tuesday that he felt very disappointed and regrettable at the failure of crucial WTO talks aimed to make a breakthrough in the Doha Round. We, along with the other participating countries, feel very disappointed and regrettable, Chen said in a statement, following the breakup of negotiations among key WTO min...
A two-day forum on Pan-Beibu Gulf economic cooperation opened on Wednesday in Beihai, a coastal city in south China's Guangxi Zhuang Autonomous Region, with more than 600 attendees. It is the first such event since the State Council, or cabinet, approved a plan submitted by Guangxi featuring Guidelines Regarding Development of the Beibu Gulf Economic ...
Chinese insurance companies earned more than 64.87 billion yuan ($9.5 billion) from their investments during the first half of 2008, for an average return of 2.4 percent, regulators said in Beijing on Tuesday. Yuan Li, a spokesman for the China Insurance Regulatory Commission (CIRC), said at a news briefing that the insurance sector deployed 17.6 perce...
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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