Hutchison Telecommunications International Ltd. reported Tuesday its profit surged in 2007 on a one-time gain from the sale of its Indian unit. The telecom services operator, 59.33 percent-owned by Hong Kong conglomerate Hutchison Whampoa Ltd., said its net profit rose to 66.88 billion Hong Kong dollars (8.6 billion U.S. dollars) in the 12 months that ...
Trade volume between China and Portuguese-speaking nations in 2007 grew 36 percent over the previous year to 46.35 billion U.S. dollars, thanks to closer cooperation in various fields between the two sides, a senior Chinese commerce official said here on Monday. Sun Tong, deputy director-general of the Department of Taiwan, Hong Kong and Macao Affairs...
Airbus delivered 69 new aircraft to Chinese mainland carriers in 2007, accounting for more than 15 percent of its total worldwide deliveries, an Airbus China source told Xinhua on Monday. Airbus China described the country as one of the markets with the most robust growth momentum. Last year, Airbus delivered 453 new aircraft to customers globally...
Foreign-funded enterprises have invested a total of 2.11 trillion U.S. dollars in China as of the end of last year, up 23.5 percent year-on-year, the State Administration For Industry and Commerce (SAFIC) said on Tuesday. The cumulative total dates back to 1978, when China began its reform and opening-up policies. Also during that period, a cumula...
China is expected to maintain steady growth in exports this year despite a slowdown in the United States, Minister of Commerce Chen Deming said yesterday. His remarks came after the General Administration of Customs said China's monthly trade surplus shrank to $8.56 billion in February, roughly a third of the level in the same month last year. Chen ...
The Board of Airport Authority Hong Kong awarded a franchise to building a new cargo terminal at Hong Kong International Airport (HKIA) to a subsidiary of Cathay Pacific Airways Limited here Tuesday. According to the contract, Cathay Pacific Services Limited, a subsidiary of the parent airways, will design, construct and operate the 10-hectare new car...
Hong Kong's total exports to the Chinese mainland, mainland for outwards processing, rose 10 percent to about 451.5 billion HK dollars (about 57.88 billion U.S. dollars), revealed the Census and Statistics Department here Tuesday. Meanwhile, Hong Kong's imports from the Chinese mainland related to outward processing grew 1 percent to 780 billion HK do...
More than 260 lots of Chinese paintings will be offered at Sotheby's Spring Sale 2008 Auction on April 8, announced Sotheby's Hong Kong on Tuesday. The art works of famous Chinese artists from various collectors in Europe include a private collection of Fu Baoshi from France, a European collection of four late works by Qi Baishi, a Southeast Asian pri...
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