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CCPIT Vice Chairman Yu Ping Met with the Russian Ambassador to China

On March 11, CCPIT Vice Chairman Yu Ping met with Sergei Razov, Russian Ambassador to China and discussed with him particulars of the impending BRICS Business Summit.

CCPIT and CCOIC Extended Sincere Condolences to the Japanese People

On March 11, the 9.0 magnitude earthquake in northeastern Japan caused grave personnel and financial losses. CCPIT and CCOIC Chairman Wan Jifei expressed sincere condolences to the Japanese people including the victims over telephone calls to the Japanese Ambassador to China Mr. ...

CCPIT Vice Chairman Yu Ping Met with the Indian Ambassador to China

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CCPIT Chairman Wan Jifei Met with President Sir Henry Keswick of Jardine Matheson Holdings Ltd

On February 23, CCPIT Chairman Wan Jifei met with the visiting delegation led by Sir Henry Keswick, President of Jardine Matheson Holdings Ltd of UK.

CIMB launches new product targeting commodities, Chinese market

Malaysia's second largest banker CIMB Group has launched a new structured product targeting commodities and greater China markets over the decade, New Straits Times reported Wednesday. The product requires a minimum investment of 250,000 ringgit for an individual. It is not only ...

Mainland procurement volume of Taiwan products exceeds 10 bln U.S. dollars

The Chinese mainland's purchasing groups to Taiwan have notched up deals worth more than 10 billion U.S. dollars since the mainland pledged in mid-May it would encourage companies to buy more of the island's products, a mainland official said Wednesday. Three major mainland ...

China Enterprises Index ends down 0.91%

The Hang Seng China Enterprises Index lost 111.12 points, or 0.91 percent, to close at 12,157.09 Monday. The H-shares index, initiated in August 1994 and readjusted on Jan. 5, 2009, tracks the overall performance of 43 major Chinese mainland enterprises listed on the Hong Kong ...

Experts say tire tariffs could worsen U.S.-China trade relations

The new U.S. tariffs on Chinese tire imports could escalate trade disputes between the two countries but a full-blown trade war is unlikely, experts say. The issue is especially thorny in light of the ongoing global economic downturn in which China is sensitive to trade barriers ...

U.S. trade association warns gov't of protectionist perils

Protectionism would cause more trade disputes and drag the U.S. economy into peril, a U.S. industry association warned Monday following President Barack Obama' s Friday decision to impose punitive tariffs on tires imported from China. "With the U.S. economy on the verge of ...

Punitive tariff on imports of Chinese tyres sends wrong signal: Australian Minister

Australia's Minister for Trade Simon Crean said on Monday that the U.S. decision to impose a 35 percent punitive tariff on imports of Chinese tyres sends a wrong signal. "The timing of the U.S. decision to impose a 35 percent tariff on imports of Chinese tyres is unfortunate, ...

U.S. consumers to be affected by tariff hike on Chinese tires

The U.S. government decision to impose tariff on Chinese imported tires will definitely affect American consumers, Richard Wottrich, a Chicago-based international business expert told Xinhua in an interview on Wednesday. Wottrich, managing director, International at Dresner ...

PepsiCo on China's blacklist of bad foods

Many foreign companies, including PepsiCo and Mead Johnson, from 25 countries have been blacklisted from a monthly report by a State Council watchdog in charge of product quality. Among the companies blacklisted, the most prominent name was PepsiCo, which has its international ...

HK attracts record investment in 2008 despite global downturn

Foreign direct investment (FDI)in Hong Kong in 2008 increased by 15.9 percent year on year despite the global downturn, according to a reported released Friday by the United Nations Conference on Trade and Development. Hong Kong attracted 63 billion U.S. dollars of inward ...

Express service provider bucks trend to enhance Hong Kong hub capacity

Global express service provider TNT on Friday announced the selection of Hong Kong as its fourth hub in Asia and the launching of a dedicated Boeing 747 freighter to enhance its Asia to Europe capacity. The 110-ton Boeing 747-400 extended range freighter will fly directly between ...

U.S. tariffs on Chinese tires spark concerns over protectionism

U.S. President Barack Obama's decision last weekend to impose punitive tariffs on tires imported from China has triggered concerns about the rise of protectionism in the lead-up to the Pittsburgh G20 meeting later this month. Australian Trade Minister Simon Crean described the ...

China's securities regulator gives green light to first seven GEM applicants

The first seven companies applying for listing on the Growth Enterprise Market (GEM), a Nasdaq-alike market in China, have got green lights from the country's securities regulator on Thursday. They are in the fields of software, medical equipment and medicines. They planned to ...

Riled Chinese tire-makers refuse to roll over

The developing dispute over U.S. tariffs of Chinese-made tires is likely to drive prices higher for Americans as Chinese tire producers appeal for a collective price hike to soften the blow from the recently approved tax. Chinese tire exporters are also urging the government to ...

Macao's manufacturers concerned about export prospect: survey

Most of Macao's manufacturers were still worried about the prospect of local industry exports in coming months, according to the quarterly results of the Industry Exports Survey released on Wednesday by Macao's Economic Services (DSE). The survey, conducted in the second quarter ...

State firms invest $35 bln overseas in 2008

The Ministry of Commerce said Wednesday overseas direct investment (ODI) of China's centrally-administered state-owned enterprises (SOE) in 2008 was 35.74 billion U.S. dollars. In 2008, 117 or 86 percent of the 136 SOEs, made ODI in 127 countries, the ministry said. The ...

Africa ripe for investment opportunities, say Shanghai experts

Inspired by China s economic growth despite the global financial recession, African countries have reached a consensus to learn and benefit more from the robust economy. A delegation with representatives from nearly 40 African countries, and two international organizations - the ...
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