Trade

Famine and abundance rub shoulders in Ethiopia

by Philipp Hedemann in Addis Ababa, Ethiopia, Infosud/swissinfo.ch While millions of people in the Horn of Africa suffer a terrible drought, foreign investors are harvesting tonnes of cereals to be exported to Asia and the Gulf states. swissinfo.ch reports from western Ethiopia on farmland leased by an Indian entrepreneur, where […]

Wen’s Europe tour to foster closer ties

BEIJING/BRUSSELS – Kicking off his European tour at a crucial time in the eurozone debt crisis, Premier Wen Jiabao might find the coincidence a good opportunity to draw Beijing closer to its largest trading partner. Observers from both sides said China, which has been buying European debt during the crisis, […]

Saudi Arabia Signs $1.7 Billion Defense Deal

Saudi Arabia has signed a $1.7 billion direct commercial sales contract with Raytheon Company to upgrade the Kingdom’s Patriot Air and Missile Defense System to the latest Configuration-3. The award includes ground-system hardware, a full training package and support equipment upgrades. The announcement came last night at the Paris Air […]

Bees and the Hidden Miracles of Honey

by Dr. Monzur Ahmed The honey bee exhibits a combination of individual traits and social co-operation which is unparalleled in the animal kingdom. A glimpse into the nest makes it apparent why honey bees have fascinated us from the earliest days of scientific observations. The infrastructure of the nest, the […]

Hu Stresses All-Round China-Russia Cooperation

Visiting Chinese President Hu Jintao said in Moscow on Thursday that China and Russia have agreed to further advance their bilateral pragmatic cooperation in the fields of trade, culture and international affairs. The agreement came as the two countries established a comprehensive strategic cooperative partnership based on equality, mutual trust, […]

Mainland Suspends Imports of Food from Taiwan

The Chinese mainland announced on Wednesday that as of June 1, it will suspend imports of beverages, food products and food additives from Taiwan that are produced by companies suspected of using a cancer-causing plastic additive. The General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ) said the mainland has […]

Europe remains key for exporters

BEIJING – The European Union (EU) will continue to be given top priority by Chinese exporters, but they are “much less confident” about selling products to developed customers such as North America, Japan and South Korea, according to a foreign trade report released on Tuesday. It concluded that the nation’s […]