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With the stock market debut of hot-pot chain Little Sheep on June 12, brokers such as Cazenove are touting a new theme to investors hungry for a slice of China's consumer boom: home-grown branded restaurants. But food prices in the world's fastest growing major economy are soaring, and experts say a lack of pricing power is squeezing firms in a crowded...
Although almost half of the shoe makers in southern China's Pearl River Delta closed in the first five months of 2008 and the number of pairs exported fell, the value of exports jumped, customs figures released on Monday show. Additionally, industry officials said that big producers were getting bigger and small ones were seeking out niche markets, wh...
The Ministry of Commerce (MOC) said on Monday that it was strongly dissatisfied with and firmly opposed to a recent U.S. final ruling on the anti-dumping and anti-subsidy probe into light-walled rectangular pipe imported from China. The U.S. Department of Commerce ruled on June 13 that Chinese companies that produce such pipes receive government count...
Macao's trade deficit for the first five months of this year amounted to 10.74 billion patacas (1.34 billion U.S. dollars), according to the figures released Monday by the SAR's (Special Administrative Region) Statistics and Census Service (DSEC). The figures showed that total export of goods fell by 8.6 percent year-on-year to 7.02 billion patacas (8...
The creation of China's first emissions trading exchange has been postponed indefinitely amid disagreements on foreign ownership in the bourse. The CNPC Assets Management Co., an affiliate of the China National Petroleum Co. (CNPC), the Tianjin Property Rights Exchange (TPRE) and the U.S.-based Chicago Climate Exchange (CCX) agreed at the beginning of...
Sixty multinational corporations recently issued a joint initiative in Chengdu, Sichuan to be constantly vigilant of the earthquake relief, participate in post-quake reconstruction, and consider Sichuan a focus of investment in China. The 60 multinational corporations signed 18 cooperative projects with Sichuan and total investment amounted to 3.52 bi...
China and Brazil have pledged to promote economic cooperation during a meeting on Friday between visiting Chinese senior official of the Communist Party of China (CPC) He Guoqiang and acting Amazonas state Governor Belarmino Lins. He, member of the Political Bureau Standing Committee of the CPC Central Committee, arrived at Manaus, capital of Amazonas...
There will be more than 20 Chinese firms to be listed on the London Stock Exchange (LSE) by 2010, Alderman David Lewis, the Lord Mayor of the City of London, was quoted as saying. Lewis said this is part of the deal achieved in the first China-UK Economic and Financial Dialogue held in mid-April in Beijing, expecting bilateral trade to grow from the c...
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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