Archive for the 'North America' Category
CIC speeds up investment in North America
Focusing on financial and energy companies, the China Investment Corporation (CIC) is expanding its holdings in North America. Earlier this month, the United States Securities and Exchange Commission (SEC) revealed that CIC ... Read More
PetroChina’s acquisition of Canadian oil sands approved
PetroChina’s bid to purchase two oil sands projects of Athabasca Oil Sands Corporation in northeastern Alberta, Canada for C$1.9 billion ($1.8 billion) was approved by the Canadian government Tuesday. It is ... Read More
Can Chinese model be replicated?
The Chinese model has been a hot topic in recent years. Although there is no clear definition for it, generally, it refers to a development model which based on specific national condition, sticks to socialist system, absorbs ... Read More
China and US rule out ‘trade war’
China and the United States have continued to exchange words defending their retaliatory measures in their latest trade row, while offering assurance that neither want to see a trade war. At a press conference Tuesday, the ... Read More
Canada’s Athabasca to sell oilsand stake to PetroChina
Canada’s Athabasca Oil Sands Corp announced on Monday that it plans to sell a 60-percent working interest in its two oilsand projects to PetroChina, a Chinese energy giant. PetroChina will pay C$1.9 billion ($1.7 billion) ... Read More
China’s model or the US’, which is more effective in coping with the financial crisis?
Since the out break of the financial crisis, governments around the world have launched various measures to either relieve the issue or try to recover from it as early as possible. Although the entire world remains in crisis, ... Read More
Overseas investment norms released
The Ministry of Commerce (MOFCOM) on Friday released the guidelines for overseas investment and cooperation with 20 countries as part of its strategy to help Chinese enterprises seek overseas opportunities. “Most of the ... Read More
Shopping team headed for US tour
The Ministry of Commerce is sending a delegation to the United States this month to explore trade and investment opportunities - close on the heels of a similar mission to Europe - according to sources. The team will visit ... Read More
Confucius Institute becomes “brand” for disseminating Chinese culture
Since the world’s first Confucius Institute was opened in Korea in November 2004, the Confucius Institute has already become a global brand and a platform for disseminating Chinese culture and promoting Chinese language ... Read More
China blasts US ban on its poultry
China on Thursday blasted a US measure blocking Chinese poultry imports, saying the “clearly discriminative measure” can serve as a good example for the WTO’s training courses. A chicken is seen at a poultry ... Read More
Official: China’s attendance to IDB’s yearly meeting to be “historical”
China’s first attendance to the yearly meeting of the Inter-American Development Bank (IDB) is “historical,” IDB President Luis Alberto Moreno said Wednesday. “This year is a very important moment in the ... Read More
China, U.S. to integrate dialogues, work on economy, climate change
China and the United States on Saturday agreed to establish a dialogue on strategic and economic issues and pledged to work together to tackle the global financial crisis and climate change. The agreement came out of a flurry ... Read More
Clinton to China: Avoid our mistakes in climate
Visiting US Secretary of State Hillary Clinton pushed forward a US-China partnership on fighting the global warming here on Saturday, as environmental deterioration has become a security issue for the world. “The United ... Read More