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China sold 15.3 million tons of coke abroad for 3.05 billion U.S. dollars last year, a growth of 5.8 percent and 52.4 percent, respectively, over 2006, a General Administration of Customs source said on Friday. The average price of the exports was 199.60 U.S dollars per ton, up 44. 1 percent. The source attributed the price rise largely to mountin...
U.S. consumers believe Chinese products have the second best value in the world, only after the American goods, a recently released survey shows. The survey, conducted by New York-based GfK Roper, a market research firm serving consumer goods companies, found that 26 percent of U.S. consumers believe Chinese-made products have the best value, up from ...
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...
The cargo throughput handled by Hong Kong in 2007 rose 3 percent year on year to 245.4 million tons, the Census and Statistics Department of the Hong Kong Special Administrative Region (HKSAR) government said Friday. Within this total, inward port cargo recorded little change at 141.3 million tons, while outward port cargo grew by 8 percent to 104.1 m...
The domestic corn supply and demand are so far balanced in China and there have been no abrupt large corn imports yet, said a Chinese lawmaker from northeast Jilin Province, a major corn granary. With an annual output up to 20 billion kilograms, Jilin will not expand the downstream corn processing industry, following the central government's policies,...
China's trade surplus shrank to 8.555 billion U.S. dollars in February, roughly one third of the level in the same month last year, the General Administration of Customs said on Monday. Analysts said the unprecedented snow disaster that hit much of southern China in February was partly blamed for the shrinking trade surplus. The figure is about ha...
South Africa will increase its investment in China this year to strengthen the economic ties between the two fast-growing emerging markets, said a South African minister. We would like to increase our investment in several sectors such as automotive and energy, Rob Davies, deputy minister of South Africa's department of trade & industry, told China Dai...
Ping An Insurance Group, China's second largest insurer, announced on Wednesday it had agreed to buy half of Belgian financial service provider Fortis's asset-management unit for 2.15 billion euro (3.4 billion U.S. dollars). The Shenzhen-based Ping An bought 4.18 percent of Fortis from the stock markets for 1.81 billion euros in November and currently...
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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