Archive for June, 2008
Merger creates new Chinese steel producing giant
China’s largest steel maker came into being on Monday as two leading companies formally merged in the northern province of Hebei, which encircles Beijing. The new group, Hebei Iron and Steel Group Co, was created from the ... Read More
Fan Jixiang Meets Delegation led by Assistant Minister of Angolan Prime Minister and Leaders from Development Bank of China
On the afternoon of June 27 , Fan Jixiang , General Manager of Sinohydro met ,in the Sinohydro headquarter ,visiting delegation led by Assistant Minister of Angolan Prime Minister , Mr Aginaldo Yayimi , and Leaders from ... Read More
DHL Introduces GoGreen Service to China
DHL, the German express and logistics company, will introduce its GoGreen Express service in 17 countries across the Asia-Pacific region this year. The service is created for customers who are looking for an eco-friendly ... Read More
Meeting with UNDP & the Embassy of Cameroon in Beijing
A meeting was held at UNDP Representative office in China with UNDP Resident Representative in China, Khalid Malik; Cameroon Ambassador of China, Etienne; and Vice Secretary General and Director of Secretariat, Zhangli. With ... Read More
National pension fund reports 43% return in 2007
China’s national government pension fund, the Social Security Fund (SSF), has reported operating income of 145.35 billion yuan ($21.2 billion) for 2007, with a return rate of 43.19 percent. The performance was achieved ... Read More
Macro Economy: China, Brazil vow to boost economic co-op
China and Brazil have pledged to promote economic cooperation during a meeting on Friday between visiting Chinese senior official of the Communist Party of China (CPC) He Guoqiang and acting Amazonas state Governor Belarmino ... Read More
Iraq opens six oil fields for foreign firms bidding
BAGHDAD — Iraqi oil ministry Monday announced a list of six oil fields for bidding from foreign oil companies to boost oil production in the war-torn country. Oil Minister Hussein al-Shahristani told a press conference ... Read More
African Organization Join Forces to Help Fight Poverty, Hunger in Africa
A U.S. aid agency and an African organization on Wednesday joined forces in a plan to help African countries tackle poverty and food crisis. The plan launched by the U.S. government’s Millennium Challenge Corporation ... Read More
China to promote ties with Trinidad and Tobago: official
PORT OF SPAIN — A visiting senior official of the Communist Party of China (CPC) said here Wednesday that China is ready to boost its relations with Trinidad and Tobago to a new level. He Guoqiang, a member of the ... Read More
China Calls for Settlement of Darfur Issue
China has again stressed the importance of multinational joint efforts in solving the Darfur issue. At an international seminar recently held in Beijing, Chinese officials say they are actively working for a diplomatic solution ... Read More
China to send more peacekeepers to Darfur
China will send more peacekeepers to the Darfur region in Sudan, at the request of the United Nations. The Assistant Foreign Minister, Zhai Jun, also reiterated the country’s position on Darfur during a seminar in Beijing ... Read More
CSRC issues deadline on corporate governance
BEIJING, June 27 — If listed companies fail to meet corporate governance standards by Nov. 30, the China Securities Regulatory Commission will refuse their proposals for share incentive schemes or new fund raising, it ... Read More
Sinosteel seeks Australian approval
Sinosteel Corp, China’s second largest iron ore trader, is seeking Australian approval to take a “substantial” stake in Murchison Metals Ltd, which may allow it to control a A$3 billion ($2.9 billion) mining ... Read More