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China bought 8.47 million tons of paper pulp from abroad last year, representing a year-on-year increase of 6.5 percent, sources with the General Administration of Customs said on Sunday. The arrivals were valued at 5.55 billion U.S. dollars, up 26.3 percent. The more rapid growth in gross import value was due to price rises. Average price of the ...
China's quality watchdog has ordered a ban on imports of Italian mozzarella cheese after Italy on Friday recalled the product that was possibly tainted with cancer-causing dioxin. All entry and exit ports shall not handle quarantine applications for the Italian-made mozzarella, the General Administration of Quality Supervision, Inspection and Quaranti...
China Reinsurance (Group) Corporation Limited (China Re), the only state-owned reinsurance company in China, is trying to explore the world reinsurance market with London as its bridgehead. At a ceremony on Friday to mark the opening of its London Representative Office, Liu Jingsheng, Chairman of China Re, said that China Re Group's office in London w...
According to sources from Fuzhou Customs, Fujian Province's petty trade volume with Taiwan Province totaled 8.538 million US dollars in January and February: an increase of 38.2% over the same period last year. Imports increased 100% to reach 7.34 million US dollars; and exports decreased 51.8% to 1.234 million US dollars. In February, Fujian's tra...
China's banking supervisor reiterated on Friday that banks should fully evaluate investors' risk tolerance after difficult market conditions led to the liquidation of an investment fund product. The China Banking Regulatory Commission (CBRC) said that it would require risk warnings to be highlighted in manuals and agreements for investment products. ...
Swiss power and automation technology group ABB opened a global transformer design center in Chongqing yesterday. The design center will create products for Chinese customers of its largest transformer subsidiary ABB Chongqing Transformer Co Ltd, and also support ABB groups in other countries. The design center is turning ABB Chongqing Transformer i...
China's Ministry of Commerce voiced regret on Thursday over Australia's initiation of investigation into the alleged dumping and subsidizing of toilet paper imported from China. Ministry spokesman Wang Xinpei said the government believed that the investigation was launched without adequate legal and factual support, and it failed to comply with World ...
The Chinese-Nigerian Entrepreneurs Business Forum was held in Beijing recently and more than 600 entrepreneurs from the two countries attended. Nigerian president Umaru Yar'Adua attended the forum and made a keynote speech. Nigeria will continue to attract FDI (foreign direct investment) in fields such as petroleum, natural gas, agriculture and sideli...
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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