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*>>rn that the lack of insurance services for dom estic firms expanding into developing regions, such as southeast Africa, is adding to the risk of overseas trade and investment. Wei Jianguo, secretary-general of the China Center for International Economic Exchanges, explained that insurers have simply not kept pace with the corporations branching out abroad. "Chinese companies suffered great losses when they withdrew from Libya (during its civil war last year). That sounded an alarm for us," the former deputy commerce minister said at a recent forum in  Shanghai. "However, the problem still exists, and the situ
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*>>ys Chinese clients are eager to learn about the European way of handling, show jumping and dressage. VDL has exported its horses to more than 70 countries and has sold more than 200 horses to individual Chinese riders and riding clubs. "We have many clients but no real business partner (in China) like we have in other countries. VDL is looking for long-term trade partners here," Lubbers says. China's local governments and companies have also created more opportunities for riders this year. "Many local governments, such as the Inner Mongolia autonomous region, are investing in tourism-related equestrian clubs and compet
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*>>ines last week.Participants at the UN climate change conference in Cancun, Mexico, finally took a step forward in the fight against global warming early Saturday after an all-night session.Agreements they reached cover the establishment of a new Green Climate Fund that would provide 100 billion U.S. dollars a year to help developing countries fight global warming, measures to protect tropical forests and a mechanism for clean energy technology transfer to poorer nations.However, there was no major progress on how to extend the Kyoto Protocol, which obliges almost 40 rich countries to cut greenhouse gas emissions.It was
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