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South African President Jacob Zuma will be trying to persuade China to concede to more favorable trade concessions during his Aug. 24-26 official visit to the Asian giant, Business Day newspaper in Johannesburg said on Monday. China is South Africa's single largest trading partner. This visit is Zuma's second this month to a major emerging market econ...
A firm in northern Mexico became the first in the country approved to export fresh meat to South Korea, said the Agriculture Ministry on Monday. The firm, based in Mexicali, capital of Baja California state, has been exporting frozen meat to South Korea since 2005, using the brand name Don Fileto, the ministry said in a statement. The approval was g...
NEW DELHI-India has allowed two telecom companies to buy equipment from China's Huawei and ZTE after the Chinese companies agreed to New Delhi's tighter rules to address security concerns, sources said on Friday. This year, India barred some local mobile phone operators from placing orders with Huawei and ZTE on security concerns. A source with di...
The first international luxury brand to produce cars in China - it assembled 499 autos in 1988 - Germany's Audi AG now plans to more than double its lineup over the next five years as demand in the premium segment continues to surge. Johannes Thammer, Audi's sales chief in China, told China Daily recently that the company will have 35 locally made or ...
Russia's economic growth was the slowest among the BRIC countries, which also groups China, Brazil and India, Moscow's Vedomosti daily reported Friday. According to Russia's statistical agency Rosstat, Russian gross domestic product (GDP) rose in the second quarter of 2010 by only 5.2 percent year-on-year, while China's GDP rose by 10.3 percent, Ind...
MOSCOW - Trade between China and Russia has returned to the fast track in 2010, as bilateral trade volume reached $30.7 billion from January to July, Russian and Chinese officials said here Friday. That represented a 49.6-percent increase year-on-year, the officials said at the 13th meeting of the Russia-China inter-governmental trade commission, which ...
BEIJING - The total volume of new orders for China's shipbuilding enterprises leaped 420 percent year on year to 33.3 million deadweight tons in the first seven months of the year, the Shanghai Securities Journal reported Saturday. The July figure was 9.54 million deadweight tons, the highest monthly figure since the global financial crisis, the newspa...
Rizhao Steel Holding Group said Friday it would file a lawsuit against Australian iron ore company Mount Gibson, after being ordered by an arbitrator to compensate the miner for breach of contract. The private steel company, which is based in east China's Shandong Province, disagreed with the arbitration ruling and will institute legal proceedings in a...
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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