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    Mixed views on proposed London and Shanghai steel futures markets

    Shanghai left standing as London takes the lead Mar. 21 – Targeting China’s producers and traders, the London Metals Exchange (LME), the world’s largest trading house of non-ferrous metals, has announced it will go live next month to sell futures contracts in steel The announcement has confounded plans by the Shanghai futures exchange to sell[…..]

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    Ningbo Port set to join global heavyweights

    Port invests US$3.5 billion for international expansion over next three years Mar. 20 – The Ningbo Port Group, based in the eastern city of Ningbo, just 90 minutes from Shanghai, has announced aggressive expansion plans including a US$600 million investment into an unspecified European port complex, its chairman Li Linghong stated. The group, which has[…..]

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    Shanghai port trade up 20 percent

      SHANGHAI, Mar. 17 – Foreign trade in East China’s Shanghai port rose 20.3 percent year-on-year to US$91.06 billion in the first two months of 2008, according to Customs statistics. The figure accounted for 24.9 percent of the country’s total trade value of US$365.93 billion from January to February. Exports climbed 17.2 percent, 20.7 percentage[…..]

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    China retail sales jump 20 percent

    Mar. 13 – Domestic retail sales leaped 20.2 percent to US$245.5 billion in the first two months of 2008, boosted by Chinese New Years sales and rising food prices, the National Bureau of Statistics said on Wednesday. The figure was 5.5 percentage points higher than the same period last year. Food prices have risen steeply[…..]

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    NPC: Private investors encouraged to invest in China’s railways

      BEIJING, Mar. 10 – As we alluded to February 26, the Minister of Railways Liu Zhijun has encouraged overseas and domestic private investors to invest in China’s rail infrastructure as country steps up construction of its railway network. “We welcome overseas and domestic private investors to get part ownership of the railway lines, except[…..]

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    China’s shipbuilding tonnage up 30 percent

    Mar. 4 – China’s shipbuilding tonnage jumped 30 percent to 18.93 million tons in 2007, the country’s top economic planning agency said Saturday. China, the world’s third-largest shipbuilder after Korea and Japan, accounted for 23 percent of the world’s market share, an increase of four percent over 2006. A total of 14.9 million tons of[…..]

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    Shanghai-Nanjing high-speed rail link approved

      SHANGHAI, Feb. 26 – The National Development and Reform Commission approved a plan to build a high-speed rail passenger rail link between Shanghai and Nanjing. The US$5.52 billion line will take four years to complete and shorten travel time on the 300 kilometer route from two hours to 72 minutes Xinhua reported. Once completed,[…..]

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    Direct sky casino flights planned between Hong Kong and Las Vegas

    In-flight gambling proposed for Venetian Las Vegas – Venetian Macao-linked route Feb. 13 – Plans have been announced in the Las Vegas Review Journal to launch VIP flights between Hong Kong and Las Vegas to capture some of the high roller market operating in Macau and its American counterpart. Las Vegas Sands Corp, the U.S./Macau[…..]

Showing 8 of 866 articles