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A strong earthquake which shook China's Sichuan Province and higher inflation failed to rock Shanghai stocks last week, indicating that investor confidence has returned, analysts said. The Shanghai Composite Index, which tracks yuan-denominated A shares and hard-currency B shares, added 0.3 percent to end at 3.624.23 last week despite a slew of negativ...
China's securities and futures exchange markets will suspend trading temporarily on Monday afternoon in token of respect for the victims in the May 12 earthquake. From 2:28 p.m. on Monday, the exact time when the powerful quake took place on May 12, both stock exchanges in Shanghai and Shenzhen and all commodity markets in Shanghai, Zhengzhou and Dali...
China could see the rise of a market that worth tens of billions of U.S. dollars by just changing the way of managing its office buildings, according to executives from a leading U.S. environmental technology company. Chairman and CEO Stephen Roell of Johnson Controls, Inc. told Xinhua in a recent interview that the American company has seen a huge po...
For many reasons, especially the hefty legal fees and unfamiliar system, a lawsuit in the United States is the last thing that most Chinese companies want to be involved in. And when they do go to court, Chinese companies rarely win cases in the United States. So when the Chinese Battery Industry Association (BIA) announced last week that its seve...
The central Chinese city of Luohe held a press conference in Hong Kong on Friday to invite investments in over 160 projects and promote a food exposition that will be held there in August this year. The 6th China (Luohe) Food Exposition, slated for opening in Luohe on August 27 with 1,000 booths in a total exhibition area of 20,000 square meters, is e...
Chinese government is considering raising the threshold of windfall tax levy on gains from crude oil, but the timing is not clear, Jiang Jiemin, president of PetroChina Company Ltd. said Thursday. The tax threshold should have been raised when crude price surpassed 80 U.S. dollars per barrel, Jiang said, but he did not mention how much the threshold w...
None of major trading partners of the United States is manipulating currency to gain unfair trade advantages, the U.S. Treasury Department said Thursday. The Treasury has not found that either China or any other major trading partners of the United States met the requirements for designation of a country that is manipulating its currency to gain unfai...
Economic growth in the Netherlands was 3.1 percent in the first quarter this year compared to the same quarter last year, according to initial estimates published Thursday by the Dutch central statistics bureau (CBS). Quarter-on-quarter growth was only 0.2 percent, the lowest quarter-on-quarter growth rate in three years, the bureau said. Compared...
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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