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Bossard increases its holding in Torp Fasteners to 100 percent 2020-02-13

The Bossard Group is increasing its majority stake in Torp Fasteners located in Oslo, Norway, from 60 percent to 100 percent. Bossard has held a stake in the company, a specialist in high-quality engineered fastening solutions, since January 2015. In recent years, Bossard has mad...

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Blockbuster! Support Measures for SMEs 2020-02-12

The central government has unveiled a raft of measures to shore up the job market amid the novel coronavirus pneumonia outbreak, with experts urging stronger support for small and medium-sized enterprises and workers employed on flexible terms.In a notice published on Feb 5, the ...

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Be Confident to fight against coronavirus 2020-02-12

In December 2019, a new coronavirus first broke out in Wuhan, Hubei province, and then spread across the country. In a bid to curb the epidemic, the Chinese government made a decision to quarantine Wuhan on Jan 23, and other provinces and cities including Beijing and Shanghai hav...

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German surplus proves mixed blessing for Merkel 2020-02-11

A report by the influential Ifo economic institute has revealed that Germany has maintained the world's largest current account surplus for the fourth consecutive year.The figure of $293 billion is made up of the flow of goods, investments and services through the country ove...

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China-US trade war: A new beginning 2020-02-10

The national flags of China and the United States [Photo/Xinhua]The global economy seems to have breathed a little calmer. The international community was anxiously awaiting the signing of the first phase of a trade deal between the United States and China. Frankly, the tangle of...

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Is that a bad idea for mould manufacturers ? 2020-01-17

In the point of "strive for perfection", several of fastener mold manufacturers continue to introduce South Korea, Japan, Taiwan and other countries and regions of advanced molding technology, and production of moulds are exported to overseas, even Europe, America, Thai...

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Phase one deal: A first, but significant step 2020-01-16

Signing in Washington signals thaw in relations; world to benefit, experts sayThe United States and China signed the long-awaited phase-one trade deal at the White House on Thursday morning Beijing time, capping a bruising battle that had lasted nearly two years.The signing signa...

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China's civil aviation market hits one-trillion-yuan level in 2019 2020-01-15

China's booming civil aviation industry saw its annual revenue reach 1.06 trillion yuan (about 154.27 billion U.S. dollars) in 2019, according to the civil aviation authorities.China remained the world's second-largest civil aviation market in 2019. The figure represented...

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China's steel industry to focus on high-quality development 2020-01-14

China's steel industry needs to focus on quality and efficiency instead of expanding through scale and price competition, a senior official of the China Iron and Steel Association said.Gao Xiangming, rotating president of the association for 2019, made the remarks at the asso...

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A modest hardware store raked in $108.2 billion a year, or about 740 billion yuan? 2020-01-13

The global retail industry will reach $27.73 trillion by 2020, according to the data. STORES has released its annual list of the "STORES TOP 100 RETAILERS 2019" in terms of retail volume in the fiscal year 2018, and walmart still tops the list. According to Br...

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