CHINESE BUSINESS

CHINA INDUSTRY EXPO-MYANMAR

It was held on December 6 - 8 ,2012 at Tatmadaw Hall.

50 companies were participated.Vehicles & spare parts,machinery & equipment,electronics & household electrical appliances,hardware & tools,health products & medicines,textiles,chemical products and domestic articles, nondurable consumer goods.Organized by Trade Development Bureau of Ministry of Commerce of P.R.China,Department of Commerce of Yunan Province and China Economic & Trade Consultants Corp.

The supporters are Economic and Commercial Counsellor's office of Chinese Embassy in Myanmar and Union of Myanmar Federation of Chambers of Commerce and Industry.

Exhibition Service was given by china Exhibition & Forum Co.,Ltd. and Myanmar Tourism Resources Co. Ltd.

China Hi-tech group corporation is popular for its products.Hunan Nongyou Machinery group co.,ltd. was liked by visitors.One visitor bought mini rice mill.

12th Myanmar-China Border Economic and Trade Fair 

The three-day 12th Myanmar-China Border Trade Fair was opened at Muse 105th Mile Border Trade Zone in Northern Shan State on 9th December.With about 218 standard booths,including 123 booths from the Chinese side,93 booths from Myanmar side,and two booths from Thailand,which is wonderful.From January to October 2012,two-way trade stood at 1.722 billion US Dollars,up 2,2 percent year on year,and the trade volume this year is expected to exceed last year.

Cuba-China tie

Cuban leader Raul Castro met with visiting Li Yuanchao,member of the Political Bureau of the Communist Party of China(CPC) Central Committee,in Havana,capital of Cuba,on Dec 8,2012.Cuba is willing to elevate the Cuba-China ties to a higher level.Both side signed an agreement on exchanges and cooperation between the two parties.

China-Argentina tie

Chinese Political Adviser Jia Qinglin and Argentina President Cristina Fernandez have lauded bilateral relations and pledged to further enhance cooperation.The two countries actively promote the mutually beneficial cooperation in such key areas as energy,power,infrastructure construction,finance and agriculture.

Chinese to buy AIG air lease arm.

A group of Chinese companies,including famous Industrial and Commercial Bank of China (ICBC),is in talks to buy nearly all American International Group Inc.'s aircraft leasing unit for about $5.5.billion.