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Direct investment from China benefiting America: U.S. media

Foreign direct investment from Chinese firms in the United States can create win-win situation, according to an article published by the Wall Street Journal on Thursday. "China's gain could also be America's gain," said Daniel Rosen and Thilo Hanemann, co-authors of the article ...

Shanghai's service trade volume exceeds 100 billion U.S. dollars

According to the latest data released by the Commerce Department of China, Shanghai's total export-import volume of service trade in 2010 is 104.67 billion dollars, a 40 percent year-on-year growth, with exports totaling 40.6 billion U.S. dollars and the imports, 64.03 billion U...

Home sales in Beijing decrease under gov't tightening policies

Home sales in Beijing plummeted over 30 percent in the first four months of 2011, partially as a result of the government's actions to cool down the city's red-hot property market. New residential apartment units sold in Beijing over the January-April period totaled 2.59 million ...

Hong Kong's exports volume up 17.7% in Q1

Hong Kong's total exports volume increased by 17.7 percent year on year in the first quarter in 2011, said the Census and Statistics Department (C&SD) of the city government on Thursday. During the first three months, the volume of Hong Kong's re- exports of goods increased by 18...

New Zealand companies urged to explore opportunities in China

New Zealand Prime Minister John Key said New Zealand companies and trade organizations could do more to explore opportunities in the China market. In an exclusive interview with Xinhua at the biennial New Zealand Chine Trade Association (NZCTA) awards in Auckland Thursday, Key ...

Firms warn against bad debts in overseas trade

Chinese enterprises should adopt stringent measures to safeguard against bad debts, as the proportion of non-performing assets is rising among companies involved in overseas trading, experts said on Wednesday. "Due to fierce competition in the exports business, many domestic ...

New cargo air service available between Chongqing and Europe

A new cargo air route has become operational between southwest China's Chongqing Municipality and Europe, facilitating increasing international cargo transportation of this southwest China city, according to local aviation authorities. The route is Shanghai -- Chongqing -- Moscow ...

Lu Feng to double dyed fabric capacity

Lu Feng Weaving and Dyeing, a subsidiary of Lu Thai Textile, will increase its production capacity of high-end dyed fabric by 50 million sq. metres. The expansion will involve an investment of 660 million Yuan and will be completed in two phases. The Zibo-based company will ...

Motherhood presents enchanted fall collection

The new fall collection from Motherhood Maternity features contemporary maternity fashions inspired by the color and beauty of the forest and surrounding countryside. The first delivery explores a range of greens from emerald and dark olive to soft sage, with accents of lime. ...

China's economic reform creates golden opportunities for foreign businesses

The next five years will be a critical period for China to deepen the economic reform and to accelerate the transformation of its economic development pattern, according to the country's 12th Five-Year Plan. "Transformation" and "opportunity" were the two words reporters heard ...

HNA buys stake

HNA Group, parent of Hainan Airlines, has bought a 20 percent stake in Spanish hotel chain NH Hoteles for 431.6 million euros (US$617 million) to become its second-largest shareholder. China's fourth-largest aviation group also planned to set up a joint venture with NH Hoteles to ...

Italian textile machinery manufacturers eye Uzbekistan

Following the institutional mission in Uzbekistan, organized by ACIMIT (the Association of Italian Textile Machinery Manufacturers), in October 2010 in partnership with the Italian Trade Commission, an Uzbek delegation comprising Government authorities and textile manufacturers ...

Zara admits to mislabeling in mens trousers

Responding to the results of quality tests carried out on its garments by Beijing Consumer Association (BCA), China in April 2011, Inditex has admitted that the Zara men s trousers were incorrectly labeled. The labels on the trousers did not mention the acrylic and viscose ...

China reports bigger trade surplus

China's trade surplus for April widened to $11.42 billion from $139 million in March The advance came as the nation's exports soared because of robust growth, while commodity imports slowed, according to the General Administration of Customs. The authorities announced on Tuesday ...

Freight rail across Eurasia cuts travel time for trading goods between China, Europe

A new freight rail has started operating across Eurasia, linking the southwest Chinese economic hub of Chongqing with the Port of Antwerp in Belgium and cutting the travel time for goods traded between China and Europe in half, officials said Tuesday. The 11,179 kilometers of ...

China's Xinjiang to boost yuan settlement in cross-border trade

China's northwestern Xinjiang Uygur Autonomous Region aims to have five percent of its foreign trade settled in yuan, China's official currency, in 2011 as the country continues to push for the use of the yuan in international trade. Officials with the region's financial ...

China trade surplus hits highest in four months

China posted its biggest trade surplus in four months in April, swinging from a trade deficit in the first quarter as strong global demand boosted exports despite initial signs of a pinch from Japan's earthquake and nuclear crisis. The US$11.4 billion surplus compared with a ...

Export control against China hurting US firms

The American companies are losing business opportunities and market share in China because of the export control policy against China, said Chinese Commerce Minister Chen Deming on Monday in Washington. "Because the US restricts its export of high technology to China, American ...

China's April trade surplus stands at 11.43 bln U.S. dollars

China's trade surplus rose to 11.43 billion U.S. dollars in April this year, according to figures released Tuesday by the General Administration of Customs (GAC). The country reported a small trade surplus of 140 million dollars in March, on the basis of a deficit of 7.3 billion ...

Trial runs of Beijing-Shanghai high-speed railway to begin

The long anticipated Beijing-Shanghai high-speed railway will start a one-month trial operation on Wednesday, before its formal launch in late June, a railway official said. The railway authority has also decided that the fastest train service between the two mega-cities will ...
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world

market

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finance

company

Shell companies struggle to stay listed
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HK Disneyland Gets Toy Story Land
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industry

sports

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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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