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Archive for March, 2008

China Minmetals Development reports 88% profit rise

China Minmetals Development Co., a listed subsidiary of the state-owned metal trader China Minmetals Corp., said that its net profits rose 88 percent in 2007, driven by domestic business. Net profits were 1.06 billion yuan ... Read More

BHP ready to mine projects with Chinese

BHP Billiton Ltd is considering partnering Chinese miners to seek and invest in mineral ore mines overseas to meet increasing demand for raw materials. The world’s biggest mining company can work with current ... Read More

Shougang Corp Peruvian iron output to double

China’s Shougang Corp aims to double iron production at its Peruvian unit as demand from Chinese steel makers surged, Peru Energy & Mines Minister Juan Valdivia said. Shougang, the parent company of Beijing Shougang ... Read More

2 Chinese strikers die in Equatorial Guinea clash

Two Chinese nationals were killed and four were injured in a face-off pitting striking Chinese workers against police in Equatorial Guinea, according to a message posted last Friday on the Foreign Ministry’s website. It ... Read More

Full Text of Joint Summit Declaration on 3rd GMS summit

Leaders from the six Greater Mekong Subregion (GMS) nations – Laos, China, Vietnam, Myanmar, Cambodia and Thailand — concluded their two-day summit and issued a Joint Summit Declaration on the third GMS ... Read More

163 nations meet on climate change

Governments from 163 countries will launch discussions today on forging a global warming agreement, a process expected to be fraught with disagreements over which countries should take the lead to reduce greenhouse gases by as ... Read More

Gas up

For China National Petroleum Corporation (CNPC), the country’s largest oil and gas producer, ensuring stable and safe energy supply to fuel the growth of the Chinese economy is its core social responsibility. The company ... Read More

BHP ready to mine projects with Chinese

BHP Billiton Ltd is considering partnering Chinese miners to seek and invest in mineral ore mines overseas to meet increasing demand for raw materials. The world’s biggest mining company can work with current ... Read More

BHP ready to mine projects with Chinese

BHP Billiton Ltd is considering partnering Chinese miners to seek and invest in mineral ore mines overseas to meet increasing demand for raw materials. The world’s biggest mining company can work with current ... Read More

Senior CPC official hails China-Africa relations

Gratifying achievements were made in the developments of relations between China and Africa in the past year, a senior Communist Party of China (CPC) official has said. Speaking at a symposium of Chinese and Moroccan ... Read More

Mekong Nations Commit to More Intra-regional Trade

Business leaders from the six countries sharing the Mekong River on Sunday held in Vientiane the GMS Business and Investment Dialogue (BID) aimed at addressing the key challenges in enhancing trade and investment in the Greater ... Read More

Economy expected to grow 10.7% in 2008

China’s economy would moderate but remain robust in 2008 with a growth rate of 10.7 percent, providing a cushion against the expected international downturn, according to a forecast issued by the United Nations commission ... Read More

China hikes minimum grain purchase prices to fight inflation

China has raised its minimum purchase prices for rice and wheat for a second time this year to encourage grain production and curb inflation, the National Development and Reform Commission (NDRC) said on Friday. The increases ... Read More

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