The Government of Kenya is fast-tracking setting up of three special economic zones (SEZs), which would also house apparel factories, Standard Digital reported. About 2,000 sq km are has already been set aside for the three SEZs being ...
Tags: Apparel, Accessories
A fall in the value of China's currency against the dollar has increased the losses incurred by the country's copper importers in May, Chinese industry sources said Thursday. The US dollar was trading at Yuan 6.26 Thursday, compared with ...
Tags: Copper Importers, metals
The Indiana-based group is to buy a 75% stake in Qingdao P&B Co, which is headquartered in the Qingdao free-trade zone. P&B, which has around 550 employees, is partly owned by Chinese drinks business Wuliangye Group, one of the ...
Tags: Plastics Buy-out, P&B
The stable and good momentum of economic growth in recent months will ensure that China is able to fulfill its expected growth target. The question is how long this growth momentum can last. The consensus is that China’s economy is ...
Tags: Economic Growth, China's economy
Tire Group International LLC (TGI) announced it has completed targeted hires for its international and domestic sales teams. The TGI international team welcomes Nelson Garces, as manager – Off Highway Division, where he will lead ...
Tags: TGI, Joaquin Gonzalez Jr, OTR, Off Highway Division
China has lifted ban on selling video game consoles, paving the way for Sony, Microsoft and Nintendo to enter domestic market, which is the world's third largest video game market. China's video game revenues reached nearly 14 billion last ...
Tags: Video Game Consles, Ban
China has formally authorised game consoles made in a new Shanghai free-trade zone (FTZ) to be sold in the country, potentially opening its lucrative market up to the likes of Sony's PlayStation and Microsoft's Xbox. The move effectively ...
Tags: game consoles, China, Shanghai free-trade zone, domestic console sales
Shanghai has gained initial recognition from industry players across the world, reports Wei Tian In many areas, the steps taken in carrying out reforms remain cautious and foreign investors are still waiting for detailed policies, but the ...
After several rounds of meeting with the relevant stakeholders, the Supreme Council for Wages (CSS) has fixed the minimum wage for Category C employees, which include those working in the apparel export sector, at 225 gourdes (about US$ ...
China's yuan has overtaken the euro to become the second most-used currency in international trade finance. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) said the market share of the yuan, also known as the ...
A number of cities across China are applying to be the next free trade zone after Shanghai free trade zone was launched in September, Beijing Business Today reported. Tianjin, Shenzhen and Zhejiang have joined the queuw to submit proposals ...
Tags: Free Trade Zone, economy, China
The just-concluded 18th Congress of Chinese Communist Party explicitly called for implementation of "Biological Civilization" strategy. The move restored confidence into offshore wind power and green energy industry which are still in ...
SIPG regarded as a indicator of port transportation is located in the core area of Shanghai Free Trade Zone and is one of the world’s largest port logistic company. In June 2013, the first batch of Gelyon tractors is put into use. ...
Tags: Hongyan, award, order, Gelyon Trucks, SIPG
In October the CEP-Indicator of Economic Sentiment for China declines to 4.5 points. The CEP-Indicator captures the expectations of financial market experts regarding the economic development in China over the course of the next twelve ...
Tags: CEP, economic, expectation, China, decline
Shanghai’s inflation grew modestly in October, signaling a reasonable inflationary pressure, which may help the city accelerate economic restructuring and reform. The Consumer Price Index, the main gauge of inflation, rose 2.6 ...
Tags: CPI Rise