TRADE WARS - SINO DAILY

Ikea reports strong sales: Chinese take to kit furniture

Sep 09, 2014 (AFP)

Swedish furniture giant Ikea reported growth in annual sales Tuesday, boosted mainly by improved performance in China and a recovery in Europe. Ikea Group, a le...

China August trade surplus hits fresh record of $49.8 bn

Sep 08, 2014 (AFP)

China's trade surplus surged to a record $49.8 billion in August, figures showed Monday, as imports saw a surprising fall and export growth slowed in a further ...

Panama, Suez, Nicaragua canal schemes miss trade boat: analysts

Sep 07, 2014 (AFP)

Vast projects to expand the Suez and Panama canals are being talked up as the biggest upheaval for decades in global maritime traffic, but experts say they coul...

China's Alibaba eyes record-breaking IPO

Sep 05, 2014 (AFP)

Chinese online marketplace Alibaba unveiled plans Friday to raise up to $24.3 billion in what could be the biggest stock flotation in history. The company told ...

Russia's Putin follows China's Xi to Mongolia

Sep 03, 2014 (AFP)

Russian President Vladimir Putin oversaw the signing of a series of agreements with Mongolia on a whistle-stop visit Wednesday, just two weeks after a trip by X...

Chinese brewer Tsingtao at lagerheads with competitors

Sep 03, 2014 (AFP)

China's most famous beer and probably its biggest global brand, Tsingtao has survived colonialism, civil war and Communist revolution. Now, it is relying on Jap...

Chile fines British-South African copper mine $4.5 million

Sep 02, 2014 (AFP)

Chilean authorities Tuesday fined mining giant Anglo American Sur $4.5 million dollars for violating environmental rules at its El Soldado copper mine. They sai...

China fines insurance firms $18 mn for price monopoly

Sep 02, 2014 (AFP)

A total of 23 Chinese insurance firms have colluded to fix fees, authorities said Tuesday, slapping them with a total of $18 million in fines in the government'...

Malaysia refuses New Zealand activist entry

Sep 01, 2014 (AFP)

Malaysia on Monday refused entry to a New Zealand anti-mining activist who had previously been arrested for joining a protest against a rare earths processing p...

Samsung denies child labour at Chinese supplier

Aug 29, 2014 (AFP)

South Korea's Samsung Electronics has refuted fresh allegations by a labour protection watchdog that one of its suppliers in China hired child workers. New York...

Alibaba earnings leap on cusp of stock market debut

Aug 27, 2014 (AFP)

Just weeks ahead of its expected debut on the New York Stock Exchange, Chinese Internet colossus Alibaba reported that its quarterly profit nearly tripled on su...

China's Microsoft probe extends to browser, media player

Aug 26, 2014 (AFP)

The head of the Chinese government agency investigating Microsoft for alleged monopoly actions said Tuesday the probe includes the way the US technology giant d...

China and Mongolia target $10bn trade by 2020

Aug 21, 2014 (AFP)

China and Mongolia set out plans to almost double trade to $10 billion by 2020 as Chinese President Xi Jinping began a two-day visit to the neighbouring state, ...

Japan trade deficit narrows on export pick-up

Aug 20, 2014 (AFP)

A rebound in exports helped narrow Japan's trade deficit in July, data showed Wednesday, but the shortfall still came in worse than expected after a marked slow...

Australia tycoon blasts Chinese government 'mongrels'

Aug 19, 2014 (AFP)

Outspoken Australian tycoon Clive Palmer has labelled the Chinese government "mongrels" who "shoot their own people" in a televised tirade that was criticised b...

Standard Chartered fined $300 mn over laundering controls

Aug 19, 2014 (AFP)

New York state's banking regulator hit Standard Chartered Bank with a $300 million fine and restrictions on its dollar-clearing business Tuesday for not detecti...

Foreign investment in China slumps in July: govt

Aug 18, 2014 (AFP)

Foreign direct investment (FDI) into China dropped by more than a sixth year-on-year to a two-year low in July, the government said Monday, but denied any link ...

US dominates Chinese world university rankings

Aug 15, 2014 (AFP)

US universities dominated the top 20 in an annual ranking of global educational institutions released by a Chinese organisation Friday, with Harvard remaining i...

Bald ambition: Chinese county exports human hair to Africa

Aug 14, 2014 (AFP)

Long, black and lucrative: sacks bulging with human hair spill onto the streets of a rural county whose farmers have helped make China the world's biggest expor...

China court jails British, US investigators hired by GSK

Aug 08, 2014 (AFP)

A British investigator once hired by scandal-hit pharmaceutical giant GSK in China was sentenced to two-and-a-half years in jail for breaching privacy laws, a S...