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Australia's commodity export earnings on Tuesday were forecast to reach a record high 215 billion dollars (203 billion U.S. dollars) in 2010/11, on the back of higher prices for crops, iron ore and coal. The Australian Bureau of Agricultural and Resource Economics ( ABARE) September quarter report was released on Tuesday, revising upwards the forecast ...
PetroChina Co Ltd, China's largest oil company, will explore crude oil in China in cooperation with Hess Corp, the fifth-biggest US oil company, Bloomberg reported Saturday. The two parities will work with dense rock in the Daqing oilfield in Northeast China. The site is similar to a gas field in the US where Hess is exploring at present, Jay Wilson, a...
CHICAGO - As the world's biggest emerging economy, China is boosting its trade with and increasing investments in the United States, creating more jobs in the US market, said a Chinese diplomat in Chicago on Thursday. Yang Guoqiang, consul general of the Chinese Consulate in Chicago, was delivering a speech at a reception marking the 61st anniversary o...
BEIJING - China has to increase the proportion of high-tech products in its total exports of machinery and electronic products in a bid to boost the country's competitiveness and snare a larger international market share, an official for the Ministry of Commerce (MOC) said Friday. China's exports of machinery and electronic products rebounded during t...
The U.S. Commerce Department announced Tuesday that it had made final determination to slap antidumping (AD) and countervailing (CVD) duties on imported certain coated paper from China, a move might escalate trade disputes between the two countries. In this case, the product will face 7.60 to 135.83 percent of AD duties and 17.64 to 178.03 percent of CV...
Hewlett-Packard Co. will expand its presence in China, Larry Irving, the company's vice president for global government affairs, said on Wednesday. "Our goal in China is to be a good partner in China, to bring more products to the Chinese market and to be a good employer as well," Irving told Xinhua at the Clinton Global Initiative annual meeting in Ne...
China has never pursued surplus in trade, and the trade surplus is not to be blamed for high U.S. jobless rate, Chinese Premier Wen Jiabao said Wednesday. The interests of both China and the United States are not limited to commodity trade alone, but cover two-way investment, service trade and other areas of economic cooperation, he said during a speech...
For Li Qiang, chairman of the Linrui Wood Products Company in southwestern China's Yunnan Province, Yunnan's strategy of opening-up to its neighbors in southeast Asia means larger profits for his company. "If the highways are built in accordance with province's development strategy, my doors will no longer have to travel to Shanghai before being ship...
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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