Saudi Aramco is in talks to join a second major refinery in north China, the Wall Street Journal reported, quoting the state-owned oil producer's chief executive. He made the announcement days after saying Aramco would invest in a refinery and petrochemical project in southern China. Aramco's CEO said in Beijing that his firm and Sinopec […]
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UTStarcom Inc, a global leader in telecommunications, signed a near US$100m infrastructure contract with China Telecom Corp to expand its IP-based PAS (Personal Access System) networks in Jiangsu, Zhejiang, Hubei, Guangdong, Fujian and Yunnan provinces, Shanghai municipality and the Guangxi Zhuang Autonomous Region. Last Thursday, UTStarcom also signed a US$67m contract with China Netcom Group […]
Beijing announced on Monday its opposition to EU's anti-dumping investigation of Chinese shoes, saying the case "lacks a legal basis and factual proof". The European Union has decided recently to conduct investigations on China-made safety shoes and footwear with leather tops.
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State visit to DPRK
Beijing sent State Councillor Tang Jiaxuan as a special representative of President Hu Jintao on an official goodwill visit to the DPRK Tuesday morning. The visit comes less than two weeks ahead of the expected resumption of the six-party talks on the North Korea nuclear issue. After a secret meeting between DPRK and US diplomats […]
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76 die in mine accident
76 died and 7 are still missing after a gas blast Monday in a coalmine in the northwest province of Xinjiang. Of the 87 miners working in the Shenlong Coal Mine, four have survived.