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2013-04-18
Solar giant LDK defaults on $24m bond
Solar giant LDK defaults on $24m bond. China's solar giant LDK announced on Tuesday it had partially defaulted on a $24 million bond, almost a month after its rival Suntech defaulted on $541 million bonds. The company said due to cash-flow
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2013-04-16
Canton Fair launches e-commerce service
Canton Fair launches e-commerce service. Organizers of the Canton Fair, China's largest twice-yearly trade event and a barometer of its exports, launched an electronic commerce service on Monday to improve trade efficiency. Liu Jianjun,
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2013-04-15
China, US vow enhanced co-op in clean energy
China, US vow enhanced co-op in clean energy. Chinese State Councilor Yang Jiechi and visiting US Secretary of State John Kerry on Saturday vowed to deepen China-US coo peration in clean energy . Yang and Kerry attended a China-US energy
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2013-04-15
China, Russia vow to scale up trade
China, Russia vow to scale up trade. Senior Chinese and Russian officials have agreed to scale up bilateral trade and economic coo peration. Chinese Vice Premier Zhang Gaoli and Russian First Deputy Prime Minister Igor Shuvalov held talks
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2013-04-12
China was world's second-largest trader in 2012
China was world's second-largest trader in 2012. China was the world's second-largest merchandise trade r in 2012, second only to the United States by just $15 billion, the People's Daily reported on Wednesday citing a report from the World
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2013-04-11
TCL estimates profit surge in Q1
TCL estimates profit surge in Q1. TCL Corp, China's top television maker, on Tuesday said its first-quarter net profit could hit at least 295 million yuan ($48 million), nearly seven times higher than a year ago. Steady sales growth in