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Chinese importers of acetone will have to pay anti-dumping duties as of Monday to offset damages caused by acetone producers in Japan, Singapore, South Korea and Taiwan. The move follows the final ruling made by the Ministry of Commerce which decided that acetone exports from Japan, Singapore, South Korea and Taiwan had inflicted losses on local manuf...
The Chinese economy might already have begun its cyclical adjustment and its growth is set to slow in the next few years, a Beijing-based weekly reported Tuesday, quoting Xu Xianchun,National Bureau of Statistics deputy director. According to our initial judgement, 2007 was probably the peak point of the current Chinese economic growth curve. The grow...
China and the EU have established harmonious cooperation on product safety issues based on mutual respect, learning, and trust, said EU Consumer Commissioner Meglena Kuneva during her June 10th visit to Beijing. Ms. Kuneva and Mr. Li Changjiang, the Minister of AQSIQ (General Administration of Quality Supervision, Inspection and Quarantine), met the press...
Warburg Pincus, a US-based private equity fund, is to acquire a stake in Beijing Tianyu, one of the nation's major mobile phone makers, in a move that marks a step up in the US group's investment in China. The acquisition is being closely watched by both domestic and overseas investors and manufacturers in the industry, which is largely dominated by fo...
Chinese investors in Vietnam are facing troubles amid the market turmoil in that country. Many of them have had to convert their dong holdings into US dollars for fears of further depreciation. Some are facing labor unrest, with workers asking for pay rises to tackle the rising inflation. But most don't intend to shut up shop and move out of the countr...
U.S. trade policy will differ little in a Barack Obama or John McCain administration, according to a trade attorney who until recently helped negotiate free trade agreements for the Office of the U.S. Trade Representative. Protectionist rhetoric by Democrats catering to blue-collar constituencies was a way to secure the party nomination, but once in o...
Trial trading at St. Petersburg International Commodity Exchange to be held in late August 2008, Aleksandr Potapushin, first vice-President of the Exchange told journalists at the XII St. Petersburg International Economic Forum, RBC reports. According to Potapushin, full-scale trading is to commence in 2009. Potapushin also forecasted the turnover to make...
The petrol price in Australia is expect to hit a new high next week as the crude oil price has hit the record high in the world market. For every dollar increase in the price of oil per barrel you see a one cent increase in the price of petrol in Australia and it will have an impact, Assistant Treasurer Chris Bowen told reporters on Saturday. The ...
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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