Now for more on the expo and what it means for trade between China and ASEAN.
China and the Association of Southeast Asian Nations, or ASEAN countries are now each other’s fourth largest trading partners. Bilateral trade surpassed 160 billion US dollars in 2006, that’s nearly a 10 percent increase from the previous year.
Nicholas Dammen, ASEAN’s [...]
Yanzhou Coal Mining Co Ltd said net profit in the first nine months rose 1.01 pct year-on-year to 1.83 bln yuan, amid higher operating costs and management expenses, which offset increased coal sales and selling prices.In its financial report filed with the Shanghai Stock Exchange, the company said it produced 26.94 mln tons of crude [...]
China Life Insurance Co. surpassed AT&T Inc. in market value, giving China five of the world’s 10 largest companies, compared to three for the U.S.
China’s stock rally has almost tripled its benchmark index this year, prompting securities regulators to say on Oct. 16 that the market holds “great risks.” The nation’s households are pouring more [...]
China Blue Chemical (Dongfang City, Hainan Province, South China), China’s largest nitrogenous fertilizer producer, has invested $840 million to develop specialized coal chemical projects in central China’s Shanxi Province.
The investment is split into two contracts. One is signed with Jincheng’s municipal government in Shanxi on a $580 million project to produce 600,000 tons of synthetic [...]
Dongfang Electrical Machinery Co Ltd<600875><1072>, a leading manufacturer of power-generation equipment in China, plans to invest US$25.2 million to set up a service center in India in a bid to gain a larger market share in the emerging market.
With a registered capital of US$800 million, the center is to be set up in Calcutta. It [...]
The coal output of Xinjiang Uygur Autonomous Region in northwest China will account for more than 20 percent of the country’s total to reach one billion tons by 2020, according to the State plan on development of Xinjian.
According to the plan, the prospective coal resources in Xinjiang reach 2.19 trillion tons, accounting for 40 percent [...]
