The United States Commerce Department has announced it will impose preliminary anti-dumping duties on imports of steel gratings from China, increasing the number of trade disputes between the two countries.
Chinese producers were alleged to be selling steel gratings at 14.36 to 145.18 percent below their normal value in the US, the department said on Tuesday.
The [...]
PetroChina has won approval to buy a stake in two Canadian oil-sands projects in its biggest North American acquisition.
China’s largest oil producer will pay US$1.8 billion to buy a 60 percent stake in MacKay River and Dover oil-sands projects of Athabasca Oil Sands Corp, Canadian Industry Minister Tony Clement said in a statement yesterday.
“To successfully [...]
Export credit insurance has helped Shanghai exporters boost their overseas shipments by US$2 billion this year, and the city will increase the insurance coverage to bolster its exports in 2010, said the head of Shanghai Commission of Commerce yesterday.
The insurance, offered by China Export & Credit Insurance Corp which is also known as Sinosure, has [...]
China Eastern Air Group may achieve its target of “largely reducing losses” this year as its net profit is expected to be 600 million yuan (US$87.85 million), and it set seven key tasks, including a merger with Shanghai Airlines, next year to further enhance its performance.
The group, parent of China Eastern Airlines, is expected to [...]
Shanghai would continue to offer home-purchase loan and tax initiatives for end-users and people who buy second houses to improve their living conditions, the city government said yesterday.
At the same time, it said, the commitment to curb speculation and hoarding was firmly entrenched.
From tomorrow, anyone who sells his or her only and self-use house after [...]
Suning Appliance Co yesterday announced it has acquired one of the top three electrical appliance retailers in Hong Kong as it seeks to expand its presence outside the Chinese mainland and use Hong Kong as a platform for its global expansion.
The Nanjing-based company has agreed to buy Citicall Retail Management for HK$35 million (US$4.4 million) [...]
