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Rebound in foreign demand boosts China's auto exports

Thanks in part to the revival of foreign demand, China's export volume and amount of car trade has taken on signs of restorative growth since the start of 2011, according to the China Chamber of Commerce for Import and Export Machinery and Electronic Products. In the first five ...

China's FDI up 18.4 pct in H1

China's foreign direct investment (FDI) rose by 18.4 percent year-on-year to 60.89 billion U.S. dollars in the first half of this year, Yao Jian, spokesman for the Ministry of Commerce (MOC) said on Friday. In June alone, China's FDI rose 2.83 percent from one year earlier to 12...

Jailed tycoon bids for aircraft carrier

Eagle Vantage Asset Management, a Hong Kong-based investment firm controlled by Huang Guangyu, has put a bid for decomissioned British aircraft carrier HMS Ark Royal, planning to turn the warship into a floating showground for hi-tech products. "We put a bid in May and the ...

High-speed train breaks down again

A northbound train on the newly opened Beijing-Shanghai high-speed line broke down on Wednesday, the third such incident since Sunday when services were disrupted by power outages. The Beijing railway bureau said on its official micro blog that the train encountered "a sudden ...

China launches 1st int'l railway standard

An international standard drafted by China South Locomotive and Rolling Stock Industry Group Corp (CSR) on overhead railway contact lines was permitted by the International Electrotechnical Commission (IEC), Beijing Daily reported on Thursday. It is the first time China made an ...

China to be Latin America's 2nd largest trade partner in 2015: UN body

China will become Latin America's second largest trade partner as early as in 2015, the UN Economic Commission for Latin America and the Caribbean (ECLAC) said Wednesday. Osvaldo Kacef, director of ECLAC's Economic Development Division, said the current China-Latin America trade ...

China announces new rare earth export quotas

The Ministry of Commerce (MOC) on Thursday announced the second batch of rare earth export quotas for this year, totaling 15,738 tonnes. The quotas almost doubled the corresponding second batch of rare earth export caps last year, which stood at 7,976 tonnes. Twenty-six rare ...

BMS ups investment in China

China is expected to become the second- or third-largest market for international drugmaker Bristol-Myers Squibb's (BMS) within a decade. The country is currently the eighth-largest market for the company and is expected to become the sixth-largest by next year. The target will ...

Taiwanese delegation will visit Japan to attract investment

In order to attract new investments to the country, Taiwan s Council for Economic Planning and Development (CEPD) will be sending a delegation to Japan on August 28. Christina Y. Liu, CEPD Minister said that after the disastrous earthquake and tsunami that hit north-eastern Japan ...

Retail sales up 49% at Burberry Group

Burberry Group plc, the global luxury company, reports on trading for the three months to 30 June 2011. Highlights Total revenue of 367m, up 34% underlying Double-digit growth in retail and wholesale, all regions and all product categories Retail revenue of 245m, up 49% ...

High-speed rail power failures no threat to passenger safety

China's railway authority said Wednesday that recent power failures that have caused delays on the newly built Beijing-Shanghai high-speed railway pose no threat to its operational safety. The trains travelling on the high-speed railway are all "highly protected" and are designed ...

Jiaxin Silk in JV for mulberry plantations

China-based Zhejiang Jiaxin Silk Corporation has signed a Joint Venture contract with Tongxin New Era Gardening and will be investing 300 million Yuan in mulberry plantations. Jiaxin New Era Sapling, the new JV, will be engaged in business in mulberry plantations, which will ...

Origin Africa to sponsor Africa Fashion Week

Adir e is pleased to announce that Origin Africa is a sponsor of Africa Fashion Week New York. AFWNY will take place at the Broad Street Ballroom on July 14th, 15th, 16th in New York City s Financial District. Origin Africa seeks to demonstrate to international buyers and ...

Power goes out again on new railway

More than 30 bullet trains were brought to a halt by a power failure on the Beijing-Shanghai high-speed railway on Tuesday. That marked the second time a power loss has caused travel delays in the 12 days since the train began operating on June 30. Railway authorities said an ...

China drives booming export of New Zealand logs

The value of New Zealand forestry exports in the first three months of this year leapt by 800 million NZ dollars (655.76 million U.S. dollars) to 4.4 billion NZ dollars, fueled by soaring demand for logs from China, New Zealand's Ministry of Agriculture and Forestry (MAF) ...

China trains petroleum-related workers in South Sudan (2)

While 75 percent of Sudan's oil wells lie in the south before the split of the Africa's largest country, all the pipelines run to the north, where the refineries are located. Few South Sudanese have acquired the knowledge in the oil industry. Undersecretary in the Ministry of ...

Chinese manufacturing company delievers steel for San Francisco Bay Bridge

The main portion of steel for the east span replacement of the San Francisco Bay Bridge was delivered on Monday by Shanghai Zhenhua Heavy Industries Co.,China's biggest heavy machinery maker, said an official with the company. This is the biggest project so far of the state-owned ...

Kerry Logistics wins contract with Marks & Spencer

Kerry Logistics has been appointed by Marks & Spencer(M&S) as its logistics partner in Greater China. The contract incorporates logistics services across the supply chain for M&S, from suppliers pick-up through to direct delivery to retail stores across the region. Under the new ...

Oswal Woolen Mills to set up wind energy project

Oswal Woolen Mills - owned by the Nahar group of companies will set up wind power projects in both, Tamil Nadu and Karnataka. This comes just after the company ventured in to solar energy production. We are going to install 5 MW by September-end in Tamil Nadu at an investment of ...

China to boost support for aviation

China will increase support for the development of its aviation industry with new favorable policies and an expected 1.5 trillion yuan ($231.9 billion) investment during the next five years, Shanghai Securities News reported on Monday. Li Jiaxiang, head of the Civil Aviation ...
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Latest World News

china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
The Political Bureau of the CPC Central Committee has decided that ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
DAVOS, Switzerland, Jan. 25 (Xinhua) -- Emerging economies are ...
China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

Shell companies struggle to stay listed
Shell companies struggle to stay listed
China is planning to clamp down on back door listings. A back door ...
HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
A general view of Toy Story Land at Hong Kong Disneyland is taken ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualified for the 2014 FIFA U-20 women's World Cup following a 4...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
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 ...
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