Chinese Vice Minister of Commerce Qian Keming said in Xi’an on September 16 that Chinese foreign trade has topped the world list since this year and is benefiting the countries along the line of “the Belt and Road”. Qian ...
New Zealand-based milk marketing company a2 Milk has rejected a joint takeover proposal from Australia's Freedom Foods and US food giant Dean Foods. The company's board did not consider the proposal, which was made in June, as compelling. ...
Tags: healthy food, animal husbandry, milk
The overseas investment returns of the nation's sovereign wealth fund sank last year amid a fragile world economy and soft commodity prices, according to figures released on Friday. China Investment Corp said that net annual returns on ...
Trade with countries along the Belt and Road, a China-proposed initiative to enhance international connections, amounted to $236 billion in the first quarter of 2015. This translates to 26 percent of China's total exports and imports ...
Tags: Belt and Road, China's Trade
Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon. Hot money is speculative money that flows ...
China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
China will focus on boosting economic growth quality and efficiency in 2015 and stick to the theme of seeking progress while maintaining stability, according to a high-level meeting of the Communist Party of China (CPC) on Friday. China ...
Tags: economic growth, CPC
The profits of Chinese industrial businesses recorded a drop of 2.1 percent year on year, hitting 575.47 billion yuan (94.34 billion U.S. dollars) in October, the National Bureau of Statistics said on Thursday. Profits rose 0.4 percent in ...
Tags: Industrial Profits, product prices
The Export Finance and Insurance Corporation’s (EFIC) Export Monitor newsletter considers the outlook for exports to Asia beyond commodities. "Tourism and education exports will continue their rapid expansion, driven by especially ...
South Korea's state-owned Korea Gas Corp said Friday it had sold 5% of its stake in LNG Canada to Shell as part of efforts to reduce its debts. "Kogas' subsidiary Kogas Canada LNG Ltd. has transferred 5% of its stake in LNG Canada to ...
Tags: Gas, LNG Canada
New Zealand-based Turners & Growers has agreed to take over Apollo Apples, a Hawkes Bay-based apples grower and exporter with an initial payment of NZ$36.05m. Apollo, which exports about 1.4m cartons of apples every year, owns or leases ...
Tags: Turners&Growers, Apollo Apples
Vinamilk, a Vietnam-based dairy company, has secured an overseas investment certificate from the Vietnamese government to construct a milk factory in the capital of Phnom Penh, Cambodia, with an investment of $23m. The company will hold ...
Tags: dairy, Milk Facility
Although oil demand will continue to increase globally, it will become the fuel with the slowest consumption growth because of structural changes in the energy sector, experts said. China will surpass the United States, becoming the ...
Chinese companies will face challenges in importing a key raw material for the electrolytic aluminum industry when the Indonesian government introduces new export policies, experts said. Wan Ling, manager of China nonferrous metals at ...
Tags: nonferrous metals, bauxite
China's overseas real estate investment continued to grow. According to the latest data show that by the end of the third quarter of 2013, China's overseas real estate investment rose 25%, turnover topped $5 billion, surpassing the ...