Eritrean President Isayas Afewerki on Thursday called for more economic and trade cooperation with China, saying that Eritrea is determined to make this cooperation bigger and faster. The level of cooperation is very limited, is very small, compared to our ambition to expand cooperation with China in all areas, like mining, agriculture, manufacturing a...
China dropped two places to 17th in the latest World Competitiveness Yearbook compiled by Swiss business school IMD, but its position has generally continued rising in recent years, the compilers said Wednesday. This year's drop isn't statistically significant, and "China has been on the upward path" in recent years, IMD World Competitiveness Center re...
Lenovo's net profit rose 201 percent in the fiscal year ended March 31, to 484 million U.S. dollars, according to its latest financial report released in Beijing on Thursday. Sales rose 17 percent to 16.4 billion U.S. dollars year-on-year as it focused on the computer business, the report said. In its fourth fiscal quarter, sales rose 13.5 percent t...
Lenovo Group Ltd, the world's No. 4 personal computer maker, announced on Thursday its net profit in the first quarter more than doubled as a result of a one-off gain from the sale of its cell phone unit and strong revenue from the Chinese market. Lenovo posted a net profit of US$140 million between January and March against earnings of US$60 million a...
Commerce minister Chen Deming said on Thursday that the 8.0-magnitude earthquake had no major impact on exports or movement of commodities, except some disaster relief materials such as tents. Chen said China had more room for maneuvering as it's a big country. But he admitted that for such items as tents, which the quake-stricken regions were in dire...
Trade between the Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) reached 62.98 billion U.S. dollars in the first four months of 2008, up 9.3 percent year-on-year, statistics from the Ministry of Commerce (MOC) showed. The mainland's exports to the HKSAR reached 58.57 billion U.S. dollars, and imports from the HKSAR reached 4....
Trade between China's mainland and the Macao Special Administrative Region (MSAR) reached 630 million U.S. dollars in the first quarter of 2008, a 2-percent rise year-on-year, according to the Ministry of Commerce (MOC). The mainland's exports to Macao totaled 570 million U.S. dollars, up 2.8 percent, while imports from Macao fell 4.3 percent to 60 mi...
Trade between the Chinese mainland and Taiwan reached 43.91 billion U.S. dollars in the first four months of this year, up 21.7 percent year-on-year, according to the Ministry of Commerce (MOC) on Wednesday. The mainland's exports to Taiwan reached 8.17 billion U.S. dollars and imports from the island reached 35.74 billion U.S. dollars, up 16.9 percen...
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