trade

With an annual growth rate of "20 to 30 percent", outbound direct investment (ODI) will overtake foreign direct investment (FDI) "within three years", a senior Ministry of Commerce official said. The United States, the European Union and Latin America are set to see "a rapid" ...
Today, the PTA market plunged by US$ 40/ton in Asian market. In China, Zhengzhou PTA futures opened low in today s early trading. PTA contract opened around RMB 10500/ton but before closing it went down to RMB 9890-10050/ton. For decline in the market, experts mainly blamed ...
Unifi Inc celebrated the official opening of its REPREVE Recycling Center on Wednesday, May 4th. This $8 million investment will allow the company to expand production capacities of its REPREVE recycled fiber. REPREVE is a family of first quality recycled polyester and nylon ...
The Ministry of Railways reported huge loss in the first quarter, raising concerns that it may cut high-speed rail investment. [CFP] China's Ministry of Railways incurred a loss of 3.76 billion yuan (US$578 million ) in the first quarter, according to a report released by the ...
A manufacturing facility owned by China South Locomotive & Rolling Stock Corporation Ltd in Nanjing. The company had revenue of 64.9 billion yuan in fiscal 2010, an increase of almost 40 percent year-on-year. [China Daily] China South Locomotive & Rolling Stock Corporation Ltd ...
In advance of its annual meeting of shareholders to be held May 3, 2011, Sears Holdings Corporation announced domestic comparable store sales for the first fiscal quarter ended April 30, 2011 for its Kmart and Sears stores as follows: Quarter ended April 30, 2011 Kmart - 1.6% ...
The British baby care brand, Babyglow, which produces patented baby clothes with a capacity to monitor temperature, officially launched the brand in China, last week. The firm is still remembered for its participation in UK s television show The Apprentice during the end part of ...
After China surpassed Japan in terms of nominal GDP, China will engage more in South-South cooperation, said Haruhiko Kuroda, president of Asian Development Bank (ADB). Kuroda made the statement at a press conference under the 44th annual meeting of the Board of Governors of the ...
Tata Steel Limited - the world's 10th-largest steel company by production and a subsidiary of Tata Steel Group - will increase investment in China by 5 percent in 2012, as it seeks to maintain market share according to the company's managing director.
A Chinese official on Tuesday predicted that China would maintain a trade surplus in the whole year of 2011, though it recorded a small foreign trade deficit in the first quarter of the year. "China's foreign trade is moving in a more balanced and coordinated way, and the ...
For the past 30 years, INVISTA s CORDURA brand team has set the standard for durable fabrics in the outdoor, workwear and military markets. As part of its effort to achieve greater consumer awareness globally, INVISTA has now launched an interactive Chinese Web site. With the ...
The United Clothing and Textile Association (UCTA) has been informed that the Bargaining Council is currently undertaking operations to shut down at least six factories in New Castle. Such action will impact 2000 workers. Our information is that the majority of workers who are ...
Sinopec Shanghai Petrochemical Company Limited announced the unaudited operating results of the Company and its subsidiaries for the three-month period ended March 31, 2011. Under the China Accounting Standards for Business Enterprises, the Group's operating income for the Period ...
As Obscene Jeans Corp readies its debut denim line for worldwide release, company president and CEO Robert Federowicz announced today that OBJE has successfully finalized negotiations with Beijing Beautyfresh International Trade Co. (Beautyfresh) for a global strategic profit ...
China's leading truck manufacturer Beiqi Foton Motor announced Saturday that it has signed a Memorandum of Understanding (MOU) with India's Maharashtra state government to manufacture trucks in India. Beiqi Foton Motor intends to invest at least 16.76 billion rupees through fixed ...
The city of Guangzhou in South China's Guangdong province will increase exports to Japan and support companies that with to invest in the country. Guangzhou will create closer relationships with Japanese commercial institutions and encourage its companies to set up contracts and ...
Export from some northeast China provinces are surging to feed Japan's hunger for food and raw materials as the country is recovering from a quake and nuclear crisis. Wang Jijie, manager of Qingdao Sungree Food Co., Ltd. in east China's Shandong Province, has racked his brain to ...
The Lincoln Center, a world-leading performing arts center based in New York, signed a memorandum of understanding with the Tianjin Innovative Finance Investment Company to provide consulting services for a proposed performing arts complex in Tianjin on April 28. The agreement is ...
The Chinese mainland imported goods worth 684 million U.S. dollars from Taiwan in the first quarter of 2011, which enjoyed tariff preferences totaling 127 million yuan under the Economic Cooperation Framework Agreement (ECFA), according to the General Administration of Customs. ...
China will become the largest market for the long-haul budget airline AirAsia X, if the Malaysia-based carrier's applications to open routes in Beijing and Shanghai are approved by the governments of both countries. "We are ready to go once we've got approval," Azran Osman-Rani, ...
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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 ...
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 ...
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. ...
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 ...