Media
Media
BEIJING - Chinese carmaker BYD said Friday it had signed a contract with German auto giant Daimler AG to establish a joint venture in China. The joint venture will focus on developing a new generation of electric cars which will combine Daimler's expertise in car structure and safety and BYD's battery and drive technologies. The new firm wil...
SHANGHAI -- China's 77 large and medium-sized steel makers scored a profit of 33.9 billion yuan ($4.97 billion) in the first four months, compared with a 4.1 billion yuan loss during the same period last year. Luo Bingsheng, vice chairman of the China Iron and Steel Association (CISA), said on May 29 that the overall profit margin for China's steel in...
CHINA's total value of import and export in April was US$238.16 billion, up 39.4 percent year on year, reports Xinhua, citing China's General Administration of Customs. In April, the total value of China's export and import rose by 39.4 per cent year on year to $238.16 billion, among which, the export value rose by 30.5 per cent to $119.92 billion wh...
HONG KONG - Hong Kong's total exports and imports value showed significant year-on-year increases in April, at 21.7 percent and 28.8 percent respectively, according to the statistics released by the Census and Statistics Department of the Hong Kong government on Thursday. The exports value reached HK$242.2 billion ($31.1 billion) in April, including HK$2...
MACAO - The Macao Special Administrative Region (SAR) will enjoy better access into the Chinese mainland market in various sectors as the two places Friday signed a new supplement to an existing trade agreement. The Supplement VII to the Mainland and Macao Closer Economic Partnership Arrangement (CEPA), an FTA-like arrangement, was signed by China's Vice...
CANBERRA - Australia's Foreign Investment Review Board on Wednesday delayed a final decision on whether China's Bright Food Group can go ahead with its $1.62 billion bid for a sugar unit of Australia's CSR Ltd. The order by the Foreign Investment Review board, officially issued on May 19, will continue to block the deal for at least 90 days, while the ...
BRUSSELS: European Union (EU) banks are relying less on state aid, a sign that the financial sector is returning to normal after it was hit by the financial crisis, the European Commission said in a report on Thursday. The EU's executive arm said it has so far approved state aid measures put forward by member states amid the crisis for an overall maximum...
BEIJING - Asia-Pacific companies are borrowing less for expansion on concern Europe's debt crisis may cut export demand, hampering banks' efforts to revive loan markets shuttered in the global credit freeze. Syndicated lending in Singapore plunged 72 percent to $1.8 billion this year from $6.5 billion in the same period of 2009, according to data compil...
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
qq.com