A possible economic recession in the United States is creating anxiety among small and medium-sized enterprises (SMEs) in Asia, a survey by UPS showed yesterday.
Taking the cue from the plunge in Wall Street on Friday, the mainland and Hong Kong stock markets, along with most other Asian bourses, took a dive yesterday.
Zheng Xiao, a 53-year-old insurance agent with China Life, has been overworking for two weeks, as the number of consultation calls about insurance products jumped by nearly 40 percent since the May 12 earthquake.
China Huaneng Group has signed a 4.5 billion yuan contract with Dongfang Electric for power generation equipment supply in a move to help the earthquake-hit company get back on its feet.
China's trade regime has continued liberalizing since 2006, the World Trade Organization (WTO) said, expressing concerns about imbalances in and adjustments to the country's export policies.
China Eastern Airlines Corp, the nation's third-largest carrier, is hedging more fuel purchases and raising surcharges to offset record jet-kerosene prices.
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