Group items tagged

China is planning a considerable expansion of its foreign aid programs with a particular focus on infrastructure projects in countries along the land and maritime Silk Road trading routes, government officials said on Monday. The country is planning to initiate a number of strategically important aid projects to help improve transportation, energy and telecommunications in those countries, according to the Ministry of Commerce, which is responsible for administrating the country's foreign aid programs. Projects involving construction and improvement of roads, railways, ports and airports are already being implemented in countries including Laos, Myanmar, Nepal and in Central Asia, Yu Zirong, deputy director-general of the foreign aid department at the ministry, told a news conference in Beijing. "China's growing future foreign aid program will be tilted toward neighboring countries and those in the Silk Road region," Yu said. The planned shift in direction for Chinese foreign aid is a direct result of President Xi Jinping's proposed national strategy to revive the centuries-old trading routes connecting Asia and Europe, experts said. The newly created 40 billion yuan ($6.5 billion) Silk Road fund and the Beijing-initiated Asian Infrastructure Investment Bank are expected to facilitate China's foreign aid programs in the future, they said. "Such a shift indicates that China will be more inclined to offer assistance to Asia and neighboring countries," said Wang Luo, a researcher at the Chinese Academy of International Trade and Economic Cooperation. "It does not mean that the percentage of China's foreign aid to Africa will drop. It just means that Asia and countries along the Silk Road will get a greater share as China grows its aid spending," she said. Africa has been the largest recipient of China's foreign aid with more than half of spending directed at the continent between 2010 and 2012, according to a policy paper issued in June. China spent 89.34 bill

hina has earned highest scores in providing the most favorable market environment especially for foreign investors. It has a huge market place due to its vast population count. A major section of the population falls under the middle class with a considerable amount of disposable income. History says that people of China have whole heartedly accepted the foreign products and services as per the demand and usefulness. Apart from the wide hearted customers, foreign brands are also fetching the benefits from the totalitarian nature of Chinese governance. The political disturbances are the major hindrance while setting up a new venture. Foreign companies fetch benefits from this politically stable environment.

Know about Foreign Trade & Investment and distinguish between foreign trade and foreign investment. on basis of Meaning, types, movements & benefits

The Goods and Services Network(GSTN) has signed a Memorandum of Understanding (MoU) with Directorate General of Foreign Trade (DGFT) for sharing of foreign exchange realisation and Import Export code data, a move that is expected to strengthen processing of export transactions of taxpayers under GST, increase transparency and reduce human interface.

China will offer discounted loans and other incentives to companies to boost foreign investment in the country's inland regions, the commerce ministry has said.

Former foreign secretary and the prime minister's envoy on climate change Shyam Saran will July 1 join the board of global software major Wipro Ltd as an independent director, the IT bellwether said on Friday.

The government on Monday approved 23 foreign direct investment (FDI) proposals worth Rs.2,325.21 crore, rejected six and deferred decision on eight.

The Government has not issued any specific guidelines in regard to obtaining foreign assistance and collaboration by the fertilizers companies, says minister in Lok Sabha today.

The government on Monday said that it will come out with six discussion papers by mid May on the country's foreign direct investment policy.

Commodity markets are markets where raw or primary products are exchanged and Commodity Tips . These raw commodities are traded on regulated commodities http://liveshareindia.blogspot.com/2011/06/foreign-commodity-stocks.html

The foreign exchange market (forex, FX, or currency market) is a global, worldwide decentralized over-the-counter financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends.

Canada Immigration News - As Of August 28th The Employers Who Hire Under Temporary Foreign Worker Program (TFWP) Are Required To Use This Freshly Introduced System.

Job Match Service For Temporary Foreign Workers In Place For Employers

It’s possible to make a fortune in the foreign exchange and forex markets, but it is imperative that you learn all you can first so … #ForeignExchangeTrading, #ForexMarket, #StayAhead #makemoney

Tata Steel is trying to attract foreign investments in heavy industries over the next five years at the Special Economic Zone project

India's foreign exchange reserves declined by $56.8 million to $362.73 billion in the week to February 17, on account of dip in foreign currency assets (FC