• New Suez Canal to advance Chinese trade

    The construction of the new Suez Canal will present mainland China extra investment opportunities in Egypt and other countries, said Mahmoud Allam, the ex-Egyptian ambassador to China. Allam added that Egypt will put up a logistics area and industrial city along the 72-kilometre-long Suez Canal. The area will draw in many investors from other countries, most especially China, Allam said. The New ...
    27-Jul-15More »
  • China's June industrial profits fall 0.3%

    The profits of China's biggest industrial companies declined 0.3% year-on-year in the month of June. This is down from the 0.6% growth for May, according to data that China's National Bureau of Statistics released on 27 July. Industrial firms with yearly revenues of over Rmb20m (USD3.27m) reached profits of Rmb589bn (USD94.8bn) in June. The total industrial profits hit Rmb2.84tr (USD458bn) in Jan...
    27-Jul-15More »
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