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PetroChina, China's largest oil producer, is discussing with Qatar Petroleum to jointly establish a petrochemical facility in China, a PetroChina source revealed Wednesday. A feasibility study on the joint-venture project is well underway, said the source, adding that how much the company will invest in the project and where it will be located were ye...
China strongly opposed Canada's decision to levy anti-dumping and anti-subsidy duties on seamless carbon or alloy steel oil and well casing pipes from China, the Ministry of Commerce (MOC) said on Wednesday. Seamless casing pipes are widely used in oil exploration and gas wells. The Canada Border Services Agency (CBSA) on Aug. 13, 2007 initiated a...
With the development of electronic commerce (e-commerce), the number of Internet businesses has increased rapidly in western China, according to news from an Internet business forum held by Alibaba, a famous e-commerce Internet business, and China's Chongqing Municipality. Nearly 400,000 businessmen from Chongqing Municipality do their business on the ...
State-owned metals trader China Minmetals Corp yesterday said it has set up an iron and steel joint venture in India, the first major Chinese investment in the country's steel industry. The facility, built by China Minmetals with Xinxing Pipes Group and three Indian companies, will have an annual production capacity of 2.5 million tons of steel and 6 m...
China became the third largest export market in 2007, surpassing Japan, according to an annual trade report released by the Bush administration on Tuesday. Goods exports to China continued to increase in 2007, up 17 percent, the 8th straight year of double-digit growth. Exports of foods, feeds and beverages, as well as automobiles and automotive p...
Hong Kong recorded a surplus of 114.5 billion HK dollars (14.68 billion U.S. dollars) in its balance of payments account in 2007, representing 7.1 percent of its gross domestic product, the Hong Kong Special Administrative Region (HKSAR) government said Tuesday. A balance of payments (BoP) account is an integrated statistical statement of an economy's...
China Life Insurance Co, the nation's largest insurer, said it invested $300 million in Visa Inc's initial public offering, and plans further investments in the US and Europe to diversify its portfolio. We're also considering other IPO investments overseas, particularly in financial institutions since that's our home turf, Qu Jiahao, assistant general ...
A traditional commodity fair in east China, conventionally regarded as a barometer of the nation's foreign trade, reported less demands from American businessmen than expected, indicating a possible slowdown of Sino-U.S. trade. The 18th East China Commodity Fair, an event held at the beginning of every year, reported around 1,600 American businessmen,...
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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