Search Results for: China

BY MARK GODFREY, in Beijing

A YEAR after China began enforcing its Law of the People’s Republic of China on Anti-Money Laundering – effective from January 2007 – observers are wary about the ability of the country’s understaffed enforcement agencies to keep pace with huge inflows of questionable funds into China’s booming economy.…

BY MARK GODFREY, in Beijing

LONGYAN Cigarette Factory reflects the kind of good fortune and ambition which characterised China’s tobacco industry in 2007. Located in the city of the same name in southeastern Fujian province, the factory’s almost US$1 billion revenues for 2007 are a 24.5% increase on figures for the previous year.…

BY MARK GODFREY, in Beijing

A WALK down the supermarket aisles in a Beijing residential area reveals much about the state of China’s cosmetics scene. Pick up a bottle of shampoo at the Jingkelong (NOTE – SPELLING IS CORRECT) store on Gongti Bei Lu street (NOTE – SPELLING IS CORRECT) and chances are the blue-aproned assistants will shuffle over to recommend another.…

BY MARK ROWE

SKY high prices for precious metals have prompted a rise in thefts of catalytic converters from a wide range of motor vehicles; the problem is so serious that the British Metals Recycling Association (BMRA) has linked up with the Association of Chief Police Officers of England, Wales and Northern Ireland (ACPO) to tackle the issue.…

BY PAUL COCHRANE, in Tripoli and Beirut

THE OPENING up of Libya’s economy could not have come at a better time for international oil companies, which have been beset in recent years by dwindling easily accessible oil reserves, tighter controls over exploration rights and extraction, and heightened security concerns.…

BY MARK ROWE

RUSSIA has engaged in a series of political and economic spats with its former Soviet satellites and the European Union (EU) in the first years of the 21st century. And while stand-offs over Belarus sugar and Moldovan wine might raise eyebrows in the West, disputes over the vast energy resources in Russia and its Central Asian neighbours carry an altogether darker shade, mainly because Russia supplies 25% of the EU’s oil and 25% of its gas.…

BY BILL CORCORAN, in South Africa

SOUTH Africa is in a race against time to ensure the country’s

burgeoning economy is not crippled by fuel shortages, forcing its oil and gas companies to innovate to ensure security of supply, notably from neighbouring countries.…

BY KEITH NUTHALL

DIPLOMATIC grumbles have started to emerge about the European Union’s (EU) REACH chemical control system, with claims being made at the World Trade Organisation (WTO) its complexity could break EU commitments under the WTO’s technical barriers to trade agreement.…

BY KEITH NUTHALL

AS the World Trade Organisation’s (WTO) Doha Development Round moves towards completion, a big push is underway to see a wine and spirits geographical indication register established within final deal. A WTO special group for the issue met yesterday (Mon Dec 3) and supporters of the register pushed for full negotiations on the issue, ending technical discussions that have dragged on for years.…

BY DAVID HAWORTH, in Brussels

EUROPE’S auto industry announced a change of leadership yesterday when Christian Streiff, CEO of PSA Peugeot Citroën, was elected to replace Fiat’s Sergio Marchionne on New Year’s Day as president of the European Automobile Manufacturers’ Association (ACEA).…