1/7/2009 2:09:00 PM
Will Pursue Legal and Other Options on Kuwait Deal; Accelerates Discussions around New Partnerships; Reiterates Commitment to Strong Investment Grade RatingThe Dow Chemical Company (NYSE:DOW) today announced a wide range of legal, operational and financial actions that will keep the Company on track …
1/7/2009 10:21:00 AM
The nation plans to adjust tariff rates on some selected products from Jan 1, 2009, the Ministry of Finance said in a statement, adding the country’s general tariff level would be kept at 9.8 percent next year, the same as in 2008, because of the limited scope and margin of lower tariffs. The averag…
1/7/2009 10:14:00 AM
The fiscal income growth is projected to slow further this year, adding further pressure to the State exchequer, the finance minister said Monday."The slowing trend, which began in the second half of 2008, will continue this year," Xie Xuren told a working conference. "The conflict bet…
1/6/2009 4:29:00 PM
China´s township enterprises have been given a growth target of 10 percent for 2009 to create employment and support farmers amid the global economic downtown. Vice Agricultural Minister Gao Hongbin told a work meeting in late December that the industrial output of township enterprises had …
1/5/2009 1:27:00 PM
BEIJING, Jan. 3-- China´s futures trading volume reached a record high of 71.9 trillion yuan (10.5 trillion U.S. dollars) in 2008, up 76 percent year-on-year, the China Futures Association (CFA) said on Saturday. It said 1.36 billion contracts were traded, up 87 percent. The most active con…
1/4/2009 5:31:00 PM
BEIJING, Jan. 2-- Chinese commercial banks face grim challenges in 2009, as external demand weakens, the growth of the domestic economy slows and corporate profitability slackens, warned a Chinese banker. Ma Weihua, president of China Merchants Bank, a leading midsize commercial bank, made the remark…
12/30/2008 2:21:00 PM
Profits of China´s state-owned enterprises declined for four consecutive months since August, due largely to high stockpiles and weaker demand during the global financial crisis, sources with the Ministry of Finance said on Sunday. State-owned enterprises nationwide saw 19.09 trillion yuan …
12/25/2008 11:02:00 AM
SPINEXPO takes its place as the most international of the specialist trade fairs in the textile fibre and spinning sector. SPINEXPO is the indispensable platform for all visitors seeking the highest quality and innovative products comprising the most complete international offer for flat bed and circ…
12/24/2008 2:24:00 PM
GENEVA, Dec. 22 -- China on Monday asked the World Trade Organization (WTO) to establish an expert panel to investigate U.S. anti-dumping and countervailing duties on Chinese products which may violate WTO trade rules. The U.S. measures at issue "appear to raise a number of WTO concerns," a…
12/23/2008 1:19:00 PM
BEIJING – China´s foreign exchange reserves, the world´s largest, have fallen for the first time in five years, according to the comments of a senior forex official reported in the local media.US dollar notes are exchanged at a local bank in Beijing. China´s foreign …
