Monday 30 March 2015
 
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China

Qatar firms to buy 49pc of China petchem stake for $5bn

Qatar's Qatra for Investment & Development (QID Group) and Hamad Bin Suhaim Enterprises have signed an initial deal to acquire 49 per cent of China's Shandong Dongming Petrochemical Group worth $5 billion, executives from the firms s

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Solar Impulse departs for challenging 19-hour flight



Solar Impulse, a Swiss long-range solar-powered aircraft, departed from Myanmar’s Mandalay International Airport this morning attempting the most challenging flight since having started the Round-The-World journey, to reach Chongqing (Chin

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Bahrain’s EDB steps up efforts to spur trade with China

Bahrain’s Economic Development Board (EDB) is hosting businessmen and trade officials from Hunan Province in China this week, who will meet officials and private sector counterparts during a two-day visit to the kingdom. The

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Bahrain’s EDB steps up efforts to spur trade with China

Bahrain’s Economic Development Board (EDB) is hosting businessmen and trade officials from Hunan Province in China this week, who will meet officials and private sector counterparts during a two-day visit to the kingdom. The

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China, Kazakhstan sign $23.6 billion in deals

China and Kazakhstan have signed 33 deals worth $23.6 billion covering areas from hydropower to steel, state news agency Xinhua said. The agreements were reached during a visit by Kazakhstan Prime Minister Karim Masimov to China a

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China’s luxury market shows shift in ties to GCC

China’s luxury market is undergoing a fundamental shift, brought on by evolving customer dynamics, an influx of new, emerging luxury labels, an economic slow-down and ties to the GCC. According to Bain & Company’s

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China a big buyer of Yemen oil as export risks rise

Oil prices have surged on growing conflict in Yemen, though trade sources said there was ample crude supply in global markets to replace any drop in exports to buyers such as China as long as the conflict did not cause broader disruption.

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Yemen shuts major sea ports

Yemen shut its major seaports on Thursday, industry and local sources said, after neighbouring Saudi Arabia and Arab allies struck the Iran-allied Houthi forces who have been fighting Yemen's Western-backed president. "Al

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China unlikely to increase oil imports this year

China's commercial and strategic oil storage is almost full, a Sinopec trading executive said at an industry forum on Wednesday, leaving little room for the world's No. 2 oil consumer to increase its crude imports this year.

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EU to impose duties on China, Taiwan stainless steel

The European Union will impose punitive anti-dumping duties from Thursday on imports of stainless steel cold-rolled sheet from China and Taiwan, according to a notice on Wednesday in the EU's Official Journal. The EU will appl

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