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The Australian Resources Minister Martin Ferguson said here on Sunday that no Chinese companies had been told to withdraw investment applications to buy into Australian resources companies. Ferguson said that while a rigorous national interest test would be applied to such applications, state-owned Chinese firms were not being treated differently. ...
China Railway Group Ltd, Asia's biggest builder, will raise spending on tunnel-making machines, factories and other capital projects by 47 percent this year amid a construction boom in the world's fastest-growing major economy. Investments will climb to 18.1 billion yuan from 12.3 billion yuan last year, Vice-President Li Jiansheng told reporters on Fr...
The mobile phone subscribers in China has risen to more than 574 million by March, as more fixed-line users switched to mobile services on lower rates, according to the Ministry of Industry and Information. The number was 27.3 million more than at the end of last year, the ministry said. The nation's fixed-line operators lost 4.4 million ...
The Asian Development Bank (ADB) will provide a 105 million U.S. dollars loan to improve infrastructure, address hygiene and environmental concerns in China's northwest Xinjiang Uygur Autonomous Region. The project focuses on three areas in Xinjiang - Alashankou, a major trade and transport hub on the border with Kazakhstan, the Kanas scenic region, a...
Hong Kong's Marine Department said it will launch an updated version of its electronic system to simplify and speed up the submission and processing of port formalities starting from next Monday, or April 28. The system will be enhanced in Phase II to provide many new features such as online approval of application, self printing of permit or certific...
The monetary impact of a recent surge in renminbi deposits in Hong Kong is limited for either the southern Chinese special administrative region or the mainland, the chief of Hong Kong Monetary Authority has said. The increase in renminbi deposits is a natural market response and has limited monetary implications for Hong Kong and the mainland, Joseph...
The new rules on supervision, management and risk handling at security firms are of great value for a stable and healthy capital market, Shang Fulin, China Securities Regulatory Commission (CSRC) chairman, said on Thursday. The executive meeting of the State Council, China's Cabinet, presided by Premier Wen Jiabao, approved in principle the two draft r...
European plane maker Airbus expects to launch a joint venture in China to make aircraft components, as part of its efforts to carve a larger slice of the world's fastest growing aircraft market. We are studying the possibility of setting up the venture with AVIC II (China Aviation Industry Corporation II) and expect to finalize the deal as early as Aug...
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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