China retained its crown as the world's biggest shipbuilding nation in 2015, but with a 26% decline on year in newbuilding orders, chiefly due to "the abysmal state of the dry bulk market," Italian shipbroker Banchero Costa (Bancosta) said ...
Tags: Shipbuilding Sector, shipyards
A Chinese court has penalised two units of US-based food processing company OSI Group with up to $364,875 and sentenced imprisonment to 10 of its employees claiming that it sold outdated products to fast-food chains such as KFC and ...
Tags: Food Safety, McDonald's
The Department of Environment, Food and Rural Affairs (Defra) has established Great British Food Unit intended to boost exports and create 5,000 jobs in food and drinks manufacturing sectors. The partnership between the sector ...
Tags: Defra, Food Products
Adidas will emerge from 2015 with one of China's best reputations for corporate social responsibility thanks to recognition from a variety of domestic non-profits and the Chinese Communist Party. On Nov. 1, the Chinese Academy of Social ...
Tags: CSR Awards, Adidas China
China's apparent oil demand in 2015 grew 5.8% year on year to 11.11 million b/d, the fastest pace since 2011, despite the country's economy growing at the slowest rate since 1990, Platts calculations based on recently released official data ...
Tags: oil demand, fuel oil
China is the world's largest producer and exporter of rare-earths. These are elements which are critical to the manufacturing of high-tech products, including smartphones, wind turbines and car batteries, among other things. However, ...
Tags: Rare Earth, smartphones
The market of heavy-duty truck is the “vane” of Chinese micro political and economic laws and regulations; the “barometer” of Chinese economy and the “thermometer” of people’s livelihood. The ...
Tags: Heavy-Duty Truck, Truck
A slew of factors is persuading companies to expand abroad to access the global market Rising costs and steep anti-dumping duties in the United States and Europe, coupled with a desire to expand overseas, are increasingly driving major ...
Tags: Solar Panel, Solar Energy Products
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
The sixth festival celebrating Chinese New Year was held on Jan 17 at the Bergara Theater in Viniar Delmar, a famous tourist destination in Chile. At the event, China's Jilin Art Troupe entertained audiences with ethnic dance, featuring ...
China's economy is going through a series of historic transitions, and recent short-term market volatility will prove temporary, experts attending the World Economic Forum (WEF) Annual Meeting 2016 said on Thursday. The Chinese government ...
Tags: Economy Transitioning, Economy
Breakthroughs will be made in steel and coal sectors in reforms of traditional industries, along with China's efforts to cultivate new growth engines, the Chinese premier said on Wednesday. It is crucial to make a good start for the 13th ...
Chinese New Year celebrations in South Korea kicked off on Jun 17 in Seoul with a variety show. The event, themed Culture of China, Festival of Spring, featured Chinese ethnic charms such as dance, Peking opera, acrobatics, cross talk, ...
Tags: New Year Celebrations
The general outlook for the 2016 PV market has become more certain as China, the U.S. and the U.K. finalize their respective subsidy policies. “China plans to connect the country’s PV power plants onto the grid before the middle ...
Tags: PV market, multi-Si wafers
Two days after unveiling the first new vehicle from Detroit's Big 3 imported from China, General Motors Co said it also will import the plug-in hybrid version of the Cadillac CT6 luxury sedan to the US from the Chinese mainland. The ...