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Macao logged over 4.7 million visitor arrivals in the first two months of 2008, up 13.9 percent year-on-year, according to statistics released by the Macao Special Administrative Region (SAR). Visitor arrivals reached more than 2.4 million in February this year, an increase of 11.6 percent compared with the previous month, among which the majority cam...
U.S. companies are expected to invest another 17 billion U.S. dollars over the next three years in south China, the Guangdong Daily reported on Saturday. China's new Labor Contract Law, which came into effect on Jan. 1 this year, has increased labor cost, especially for labor-intensive industries, Harley Seyedin, the President of the American Chamber ...
State-owned metal trader China Minmetals Corp. announced on Friday that it would design and equip a blast furnace for Brazilian pig iron producer Cosipar. The project, with a contract value of nearly 300 million yuan (about 42.2 million U.S. dollars), would include project design, equipment, technical services and training for 450-cubic-meter blast fu...
China has accumulated at least 2 trillion U.S. dollars of foreign exchange asset over the past 30 years, which is expected to stimulate more mergers and acquisitions (m&a) overseas, top officials of major Chinese lenders said on Saturday. Contrasting the fast-growing hoard held by both government and residents, China's fixed-assets due to overseas inv...
Liu Changyou has been walking the streets of Qingdao, Shandong Province, for a month since losing his job at a Korean-funded enterprise that suddenly shut down. Hailing from the northeastern province of Heilongjiang, Liu was once a worker in the Modern Artware Plant in Qingdao. But when he returned from the Lunar New Year holiday in early February, he...
Hong Kong reported a 15.4 percent increase of goods exports and 16.9 percent rise of imports in January on a year earlier, the Census and Statistics Department said here Thursday. According to the Census and Statistics department, the volume of goods re-exports rose 16.1 percent in January but domestic exports fell slightly by 1.1 percent. On a se...
United Bank Ltd. (UBL), the second largest bank in Pakistan, opened a representative office in Beijing Thursday, its first in China. The Beijing representative office is a signal of UBL's efforts to participate in the trade and investment flows between China and Pakistan," Atif R. Bokhari, president and chief executive officer of UBL said at a press c...
SHANGHAI: German chemicals manufacturer Freudenberg Group will build a 200-million-yuan Shanghai plant to make specialty lubricants and release agents. The company said yesterday local production could help boost its sales here. As well as lubricants and release agents, it sells auto interior filters and Vileda brand household products. Sales in Chi...
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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