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China plans for more charging stations for electric cars

State Grid Corp. of China (SGCC) plans to build more electric charging stations in Beijing and several other cities this year to meet rising demand for electric vehicles, a Beijing newspapers reported Saturday. The country's dominant electric power transmission company will build ...

SAIC sells more

SAIC Motor Corp, China's largest car maker, yesterday said it sold 3.58 million vehicles last year, a 31.48 percent gain on an annual basis, due to robust domestic demand. Its production of vehicles jumped 30.98 percent from a year earlier to 3.62 million units in 2010. The ...

SG Automotive, CSR sign agreement to develop new energy vehicles

Liaoning SG Automotive Group (SG), China's largest bus manufacturer, signed an agreement with CSR Zhuzhou Institute Co. Thursday to jointly develop new energy vehicles. The move was the latest instance of a "combination of giants" and is part of China's efforts to boost the ...

BP spill vexes U.S. voters, but passions could cool

The massive oil spill in the Gulf of Mexico stands as a major issue for U.S. voters, according to recent polls. But with the mid term elections still several months away, those feelings could dissipate and Americans could view the spill as one of many issues in November's ...

China paid 6.4 bln yuan in 2010 auto trade-in program

The Chinese government handed out 6.41 billion yuan (972.9 million U.S. dollars) in subsidies to new car buyers under the old-for-new trade-in auto program in 2010, the Ministry of Commerce said Wednesday. Sales of 459,000 vehicles were subsidized last year as part of the subsidy ...

Rigorous Environmental Protection Standards Boost Demand for PU Footwear

According statistics from Bayer MaterialScience, PU consumption in footwear industry totaled 520,000 tons in 2007, with Asia being the largest consumer, occupying 58% of total volume. And for sole raw materials, PU and TPU only account 7%, seeing a huge room for growth. In the ...

Xinjiang to Become China's Coal Center

June 18, Xinjiang Autonomous Region is on track to become China s coal center once it completes plans to develop a super-scale base for coal, electricity and coal-to-chemicals this year, Beijing Business News reported Friday. Located in western China, Xinjiang is known as the ...

Volvo recalls XC60 vehicles in China

Volvo is recalling 135 units of its XC60 vehicles in China to fix seat problems that could pose safety risks, a statement from China's quality inspection authority said Tuesday. The recall, which is set to begin Tuesday, affects 135 imported XC60 vehicles manufactured between Feb...

Songwon establishes a strong foundation in India and South East Asia

Songwon has established Songwon International India Pvt. Ltd., located in Mumbai as the headquarter for Songwon activities in India and South East Asia. Dieter Morath, Executive Vice-President EMEA of Songwon International AG, said: "The establishment of Songwon International - ...

Toyota leads US recall surge

Auto makers in the United States recalled about 20 million vehicles in 2010, led by high-profile recalls by Toyota that prompted new scrutiny of the auto industry's safety record. The number of recalls this year was the largest in the US since 2004, according to an analysis of ...

China's auto market to slow in 2011

China's automobile market is expected to end its skyrocketing growth next year. That's after the government decided to cease incentive measures and began to curb the booming auto market in big cities in a bid to ease congestion. "Don't be optimistic for China's automobile market ...

BASF raises prices for certain specialty amines in Europe

div align="justify">Effective immediately, or as existing contracts permit, BASF is raising its prices for propyl-, butyl- and 2-ethylhexylamines in Europe. Product Price increase Mono-n-propylamine + 40 euros/ton Di-n-propylamine + 50 euros/ton Tri-n-propylamine + 50 euros/ton ...

Energy plan to focus on cars

The Energy Saving and New Energy Vehicle Development Plan (2011-2020), which aims to reduce environmental pollution from the booming auto production, will be formally released in January 2011, after being postponed in November, said a senior expert. It will prioritize the ...

Australia's oil, condensate output to fall 5% in 2010: ABARE

Australia's total crude oil and condensate production is poised to fall 5% year on year to 26.4 gigaliters in year ending June 30, 2010, the Australian Bureau of Agricultural and Resource Economics said Tuesday. The decline in fiscal 2010 is due to lower output from the ...

China, Australia sign US$10 bln trade deals

China and Australia signed today ten trade deals worth $10 billion, covering mostly energy and mining sectors. The deals include the financing of several mining projects by China Development Bank, one of which is the financing of a $1.36 billion iron ore project. Australian Prime ...

JAC to export 620,000 cars to Brazil in next 10 years

Chinese carmaker Jianghuai Automobile Co.,Ltd. (JAC) started shipping the first batch of 500 cars to Brazil on Tuesday. It signed a deal in August to export 620,000 ethanol-powered cars to Brazil in the next ten years. In a statement on Wednesday, the company said it will send ...

Shenzhen considers new ways to unsnarl traffic jams

Guangdong province's special economic zone Shenzhen, which has the mainland's highest vehicle density, is looking at strategies to decongest its clogged roads. More than 1.7 million vehicles had been registered in the city as of Dec 8, approaching the official limit. But there ...

Indian government to pay victims of Bhopal tragedy, clean up chemical mess

NEW DELHI, June 21 -- The Indian government appointed Group of Ministers (GoM) on the 1984 Bhopal gas leak tragedy has recommended that the government set aside 15 billion rupees (about 300 million U.S. dollars) as relief package for those affected by the disaster, said officials ...

China to end tax incentives for small cars

China will resume levying a 10 percent purchase tax on vehicles with engine sizes of 1.6 liters or less beginning in 2011 as the country rebounds from the financial crisis and the economy has regained its rapid growth, the Ministry of Finance (MOF) said Tuesday. China halved the ...

Russia cuts gas flow to Belarus over debt dispute

Russia's President Dmitry Medvedev has ordered the country's gas monopoly Gazprom to begin cutting gas glow to Belarus, Gazprom chief Alexei Miller said on Monday. The decision was made after Belarus refused to pay some 200 million U.S. dollars owned to Russia over gas supplies. ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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