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Survey: Most European firms benefit from China's economic recovery

European companies saw strong overall growth in China in 2010. According to a survey released by the European Union Chamber of Commerce in China (EUCCC) on May 25, 79 percent of European companies surveyed said that they are optimistic about further growth within their sector in ...

Myanmar's trade with Hong Kong rises sharply

Myanmar's trade with China's Hong Kong hit 1.7 billion U.S. dollars in the fiscal year of 2010-11 ending in March, a sharp increase of 79 percent year on year, according to Myanmar's monthly economic indicators Friday. Of the total, Myanmar's exports to the Hong Kong Special ...

New Zealand's F&P returns to profit, expects boost from Chinese partnership

New Zealand home appliance manufacturer Fisher & Paykel Appliances, which is 20-percent owned by China's Haier white ware maker, has bounced back to a profit after reporting a loss of 83.3 million NZ dollars (67.49 million U. S. dollars) last year. The company Friday reported an ...

China Southern to receive 1st Boeing 787

China Southern, one of China's leading airlines, will receive its first 787 Dreamliner aircraft from the Boeing company in the fourth quarter of this year, Boeing chairman and CEO W. James McNerney said on Thursday in Beijing. The aircraft will be the first of its kind to be used ...

Vietnam to promote trade with China: official

Vietnam attracts great attention from Chinese businesses, and in return, China sees Vietnam as potential market in the future, said Dao Ngoc Chuong, Deputy Head of the Asia-Pacific Market Division, under the Vietnamese Ministry of Industry and Trade (MIT). Vietnam News Agency on ...

Gerber China now have automated material spreading systems unit

Beginning in July, Gerber Technology, a business unit of Gerber Scientific Inc, will relocate the manufacture of its computer-automated material spreading systems from Ikast, Denmark to Shanghai, China. The move supports Gerber s ongoing commitment to deliver in-country support ...

Lectra presents Versalis Fashion at Texprocess

Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials textiles, leather, industrial fabrics, and composite materials is pleased to announce the release of Versalis Fashion, its new leather cutting solution aimed at manufacturers ...

China reviews anti-dumping measures on imported catechol from U.S., Japan

China has started reviewing the anti-dumping measures it imposed in 2006 on catechol imported from Japan and the United States, the Ministry of Commerce (MOC) said Wednesday. The MOC will examine the possibility of continuing the anti-dumping measures and evaluate any possible ...

EU firms say China increasingly becoming "strategic market": survey

European companies said China is an increasingly important "strategic market," according to an annual business confidence survey released by the European Union Chamber of Commerce in China on Wednesday. More European companies are planning for increased long-term investment in ...

Nestle raises production capacity, plans expansion

The Swiss food and beverage giant Nestle SA expects to announce expansion plans in China in the coming months, after boosting its seasoning production capacity in Dongguan, Guangdong province. On Tuesday, the company unveiled its plan to invest 320 million yuan ($49.2 million) to ...

HNA helps Chongqing develop airline

HNA Group has agreed to set up a 3 billion yuan (US$438 million) joint venture in Chongqing to build a carrier in the municipality in southwest China. HNA, China's fourth-largest aviation group, and the state-run Chongqing Yufu Asset Management Co on Monday signed a deal to ...

Thorough audit before buying Beautyfresh, OBJE

Obscene Jeans Corp announced that the company has begun its due diligence toward the purchase of Beijing Beautyfresh International Trade Co. (Beautyfresh), a Chinese government-licensed importer/exporter. OBJE signed a Letter of Intent to purchase Beautyfresh last week. The ...

Call for a global ban on apparel sandblasting

The International Textile, Garment and Leather Workers Federation (ITGLWF) and global apparel buyers and manufacturers issue this joint Call to Action urging an industry-wide ban on the practice of sandblasting in the garment industry Apparel sandblasting involves projecting fine ...

Cambodia, China sign trade promotion cooperation

Cambodian Ministry of Commerce and China Council for the Promotion of International Trade (CCPIT) on Tuesday signed a Memorandum of Understanding (MoU) on the development of bilateral trade. The MoU was inked between Cambodian Minister of Commerce Cham Prasidh and Wan Jifei, ...

Chinese aircraft maker to sell four MA60 to Peruvian airline

AVIC Xi'an Aircraft Industry (Group) Co., maker of Modern Ark 60 (MA60) passenger planes, confirmed Tuesday that it had signed a contract to sell four MA60s to a Peruvian airline express company. The MA60, which was introduced in the year 2000, is China's only domestically...

New guidelines to attract foreign investment

Senior overseas executives and high-tech personnel in Guangdong's provincial capital will be able to apply for multi-journey visas valid for 2 to 5 years after a new regulation comes into effect later this year. Legal representatives, general managers, deputy general managers and ...

China reports surpluses under current, capital accounts in first quarter

China posted surpluses under both the current account and capital and financial account in the first quarter, according to data released by the State Administration of Foreign Exchange (SAFE) on Tuesday. The surplus under the current account, which measures China's foreign trade, ...

Italy's economy stir concern across China

The lower outlook for Italy's sovereign debt triggered wide concern across China as it could add uncertainty to the bumpy recovery of Europe, the country's largest trading partner. However., some analysts said the concerns are unnecessary. Zhuang Jian, senior economist at the ...

Fashion Day to showcase benefits of RFID & Labeling @ Source

Radio Frequency Identification (RFID) is becoming increasingly popular across Europe with a number of manufacturers and businesses starting to implement the technology to improve their business operations. One of the benefits to retailers and brands is that it can streamline the ...

Textile sector in 2010 sees most potent growth in 25 years

The Fiber Year Consulting and Oerlikon Textile take pride in announcing that the new Fiber Year 2011 report has been published. It continues a series of issues covering the world textile and nonwovens industry that has started beginning of the 2000 s after Akzo had decided to ...
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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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