|
|
Article: CHINA RESOURCES (HOLDING) RAISES ANTE IN SHIPPING BUSINESS
- Article from:
- AsiaInfo Services
- Article date:
- November 13, 2009
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
AsiaInfo Services
11-13-2009
China Resources (Holding) Raises Ante in Shipping Business
NANNING, Nov 13, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Resources (Holding) Co., Ltd., a multiple conglomerate headquartered in Hong Kong, has completed its shipping layout in both south and north Mainland China in recent two months, in an attempt to transport its steam coal, cement, and related products more favoringly.
Upon the strategic cooperation agreement inked on November 3, China Resources Cement Holdings Limited, one of the group's subsidiaries, will form a partnership with Guangxi Xijiang Navigation Construction Development Co., Ltd. to spend CNY 100 million on establishment of ...