China Wuhan Steel H1 Profit Up 90.4 PctChina’s No.3 steel mill, Wuhan Iron and Steel Company Ltd (600005.SS), posted a 90.43 percent rise in first-half net profit over a year earlier, due to strong domestic demand and higher steel prices, Xinhua reported on Sunday.
Wuhan Steel’s net profit was 963.53 million yuan ($142 million) for the first half of 2010, as its steel [...]
Two China New Energy Firms Eye $2 Billion in HK IPOsChina Huaneng Group Corp and Datang Corp, the country’s top power producers, plan to float shares of their renewable energy units in Hong Kong in offerings that could raise over $2 billion, sources close to the deals said on Tuesday, reported Reuters.
The deals are unfolding as China aggressively develops its renewable energy sector and the [...]
AU Says must Replace Western Partners with ChinaThe African Union said on Saturday Africa must turn ever more to China for its development because conditions and checks often stalled the flow of funds from Western nations and the World Bank, reported Friday’s Reuters.
Maxwell Mkwezalamba, the AU’s economic chief, said Africa must end its reliance on Western money.
« We need to diversify our partners [...]
Refrigerator Van
A refrigerator van is a type of delivery van that has been especially designed with fiberglass and reinforced plastic. These kinds of vans are commonly used in delivering perishable goods such as meat and dairy products. It has been called a refrigerator van since the temperature inside the container where the goods are kept are regulated to a certain temperature to keep the products being transported fresh.
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