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German Continental AG said Thursday it plans to scale up investment in China and introduce environmentally friendly technology to improve competitiveness. Continental, the biggest auto parts supplier in Europe, said that 10 percent to 12 percent of its current earnings comes from Asian markets, where its sales are expected to double by 2015. Conti...
With humid environment and good weather, Vietnam is rich in herbal resources, giving it potential to develop Chinese medicine products, said a Chinese pharmaceutical company official. Xiao Junping, board director of the Chinese Pozin Pharmaceutical Company is attending the ongoing Second Chinese Commodity (Vietnam) Fair in Hanoi lasting until July 13....
Foreign direct investment (FDI) in China rose 45.6 percent in the first half of 2008 from a year earlier, as overseas investors continued to bank on the business opportunities in the world's fastest growing major economy. The FDI amounted to 52.4 billion U.S. dollars during the six months to June, the Ministry of Commerce said on Friday. The surge...
The General Administration of Customs released China's imports and exports report from the first half of this year on July 10th. According to statistics, in the first half of this year, China's foreign trade import and export value reached 1.23417 trillion U.S. dollars, an increase of 25.7 percent over last year. Exports amounted to 666.6 billion U.S. dol...
China's Guangdong Overseas Construction Group Co. Ltd signed a 612 million U.S. dollars contract with Saudi Arabia's King Khalid University Thursday. The agreement was inked by Ma Ruixin, chairman of the board of the Chinese company, and Saudi Arabian Higher Education Minister Khalid Bin Mohammad al-Ankary. During the signing ceremony, Ma pledged ...
Brazil is aiming to make China its biggest trade partner, according to a Brazilian trade official in Beijing on Wednesday, adding his country wants to triple its China exports to 30 billion U.S. dollars in 2010. Welber Barral, Secretary of International Trade with Brazil's Ministry of Development, Industry and Trade, said the country was seeking more ...
Latin America's three major stock markets ended mixed Thursday. In Sao Paulo, Latin America's biggest bourse, the leading Bovespa index closed at 60,252 points, up 1.2 percent. The trade volume was 3.941 billion dollars. Mexico City's IPC stock index down by 0.78 percent to 28,877.33 points. A total of 240.7 million shares were traded with a value...
Wall Street gained on Thursday as the Dow Chemical's multi-billion dollars offer to buy rival Rohm and Haas overshadowed the worrying financials and surging oil prices. Dow Chemical's 15 billion U.S. dollars all-cash deal for the specialty chemicals Rohm and Haas gave stocks a big boost. Dow will acquire Rohm & Haas for 78 U.S. dollars per share, a 74...
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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