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MOC could cease M&As threatening national security

The Ministry of Commerce (MOC) announced on Monday its right to cease the foreign mergers and acquisitions (M&As) that have threatened or might significantly threaten national security. It can also adopt other measures such as transferring shares or assets to eliminate the ...

More value-added Chinese exports expected (2)

Weekly review

Reserve system mooted for TCMs

China should establish a reserve system for traditional Chinese medicine (TCM) materials as soon as possible, according to the nation's pharmaceutical businesses and industrial associations. "A reserve system would help to prevent speculation in the raw materials for TCMs on the ...

China plans to increase consumer goods imports in coming years

Feng Kang, a "shopaholic" in southern Guangzhou city, has always hoped that she can buy top brands at the same price in her city as in Hong Kong, which is three hours' drive away. Feng, just like the 10-million other residents of Guangzhou, likes to hunt for cheap top brands in ...

Airlines seal US$10b order

Visitors look at a model of a C919 passenger plane on display at the booth of the Commercial Aircraft Corp of China (COMAC) during the Asian Aerospace Show in Hong Kong yesterday. COMAC, the country's commercial plane maker, aims to sell at least 50 C919 aircraft this year, a ...

China to realize online train ticket booking this year

An official with China's Ministry of Railways said Tuesday that a train ticket booking system on the Internet will be put into operation nationwide this year. The online booking system would relieve the burden on railway stations and provide more conveniences to passengers, said ...

Boeing signs MOU with HK Airlines for 38 Airplanes

Boeing Company has signed a Memorandum of Understanding (MOU) with Hong Kong Airlines for 38 Airplanes, Boeing said in a statement Tuesday. According to the statement, Boeing is delighted with Hong Kong Airlines'intention to expand its fleet with the purchase of 38 Boeing ...

Boeing: China's annual air traffic to rise 7.6% in 20 years

China's annual air traffic is expected to rise 7.6 percent in the next two decades, Boeing Company, China's leading provider of passenger planes, said in the Asian Aerospace Expo and Congress held in Hong Kong Tuesday. Meanwhile, Asia Pacific region's air travel growth would be 6...

Air China to buy 5 Boeing planes

Air China Ltd. announced Tuesday it would buy five B747-8 airplanes from Boeing Company in a bid to further expand its fleet size. The value of the deal is estimated to reach 1.54 billion U.S. dollars, but actual prices might be adjusted, Air China said in a statement filed with ...

Interstoff Asia Essential opens for three days on March 16

Interstoff Asia Essential Spring, Hong Kong s prime sourcing ground for fashion, functional and eco textiles, kicks off next week from 16 18 March 2011. The three day trade fair opens with a series of inspirational and informative value added events together with some 210 ...

GERRY WEBER continues to expand at fast pace

The GERRY WEBER Group continued its impressive success story in the fiscal year 2009/2010. At EUR 621.9 million, Group sales were up by 4.7 percent on the previous year's EUR 594.1 million. The excellent performance of our three brands was preceded by a consistent modernisation ...

Hainan uses offshore duty-free policy to boost economy

Three shops in Hainan, the most southern province of China and an increasingly popular tourist destination, were recently approved by central authorities to offer duty-free goods. This means that Hainan has taken one step further on its way to becoming an international tourist ...

Commerce minister: Trade surplus to shrink in 2011

China's imports is going to rise, while the previously huge trade surplus should shrink in 2011, as the country has moved to re-caliber its economy onto domestic consumption which is considered more sustainable. Commerce Minister Chen Deming told a news conference in Beijing ...

Strong gains made in medium & broader Merino wools

The AWEX Regional Indicators finished 1.6% higher, on average, at sales in Newcastle, Melbourne and Fremantle this week when the US exchange rate rose by 0.8%. The AWEX Eastern Market Indicator is now over 1300 and the season average (1015 ) is above 1000 for the second ...

New drapery woven from groundbreaking natural bamboo fiber

Brentano s newest drapery balances classic sensibility with groundbreaking fibers for a truly innovative addition to the Brentano Green label. Elegant Silhouette comes in two stylish shades and is woven from 100% natural bamboo fiber that in the past has been primarily used in ...

Levis appoints Rebecca Van Dyck as Global CMO

The Levi's brand announced it has appointed Rebecca Van Dyck as its global Chief Marketing Officer. As global CMO of the Levi's brand, Ms. Van Dyck will be responsible for the development and implementation of fully integrated marketing strategies across all of the Levi's brand's ...

China's export limits on rare earth conform with WTO rules: former WTO representative

China's export limits on rare earth conform with the rules of the World Trade Organization (WTO), said China's former WTO representative Sunday. China had imposed regulating measures on the mining, manufacturing, processing and exporting of rare earth, limiting both exports and ...

UHF RFID Clothing Tag for tracking clothes in inventory

DAILY RFID has recently released UHF RFID clothing tag for tracking clothes in retail store. With a sophisticated electronic ID chip inside each RFID tag, it enables the garments to be traced accurately and efficiently. It is a good method to better control inventory and minimize ...

Congressman Robert Aderholt sponsors textile trade bill

Congressman Robert Aderholt (AL-04) submitted a bill in the House of Representatives that would correct trade rules to help the domestic textile manufacturing industry. The legislation, a companion bill to S. 433 introduced by Senator Jeff Sessions (R-AL) would modernize and ...

Aviation firms look to take off in China

The chief designer of China's first commercial jetliner, Wu Guanghui, refuted accusations by Western media that aviation suppliers from developed countries are forced to transfer sophisticated technologies in exchange for access to China's lucrative market. "We are not using our ...
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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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