Archive for May, 2007

Chinese, Vietnamese companies deals worth more than $2 bln

Chinese and Vietnamese companies signed nine deals worth more than two billion U.S. dollars at the China-Vietnam Business Forum in Beijing on Friday.
Among the deals, the China Merchants Group signed a letter of intent on investment in Ho Chi Minh City, with a contract value of about one billion U.S. dollars.
The China Huadian Corporation signed [...]

BASF opens new engineering plastics compounding plant in Shanghai

BASF, a leading international chemical company, celebrated the inauguration of its engineering plastics compounding plant at its Pudong site in Shanghai on Friday.
The new facility is a world-scale plant with annual capacity of 45,000 tons. It is one of the most modern compounding plants in the world today, with “the highest environmental standards and the [...]

Wu Yi urges U.S. to ease export curbs

Vice-Premier Wu Yi yesterday called upon the United States to ease its restrictions on exports of some hi-tech products to China to help narrow the trade gap.
The remarks came in an opinion piece on the Asian edition of the Wall Street Journal, days before she leads a delegation to Washington for the second round of [...]

ROK exchange to see first overseas debut from China

Hong Kong-listed fabric maker Huafeng Textile International Group is expected to become the first non-Korean company to list on the exchange of Republic of Korea (ROK) in June this year.
Huafeng is the first “overseas” company to apply for a listing on the Korea Exchange, said Ma Linjiang, principal of the Beijing law firm which is [...]

Some 15 companies to bid for Kuwait’s 4th refinery

At least 15 companies are expected to tender bids for the fourth refinery that Kuwait National Petroleum Company (KNPC) intends to construct in al-Zour, southern Kuwait, the official KUNA news agency reported on Sunday.
KNPC’s Deputy Managing Director Asaad al-Saad was quoted as noting that the construction budget has been brought up from six billion U.S. [...]

Emerging opportunity in China’s power industry

To fuel China’s rapid economic development, the country’s demand for power is seeing an astonishing surge. However, the industry is facing a dilemma brought on by fast development and higher efficiency requirements.
What is the future development strategy of China’s power industry? And what opportunities can global investors find in the blooming market?
Francois Nguyen, senior policy [...]

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