The long-closed wholesale sector in China appears set to open at least a crack to overseas investors, who also will gain more latitude in the retail business.Overseas investors will at an unspecified time be permitted to do wholesale business in general merchandise, farm and sideline products, except grain, cotton and edible oil. They may also produce materials other than those controlled by the state, like rolled steel and chemical fertilizer, the Ministry of Internal Trade said Monday,...

China World Trade Corporation to Launch Wholesale Online Air Ticketing Storefront in Third Quarter of 2006
Xinhua-PRNewswire -- China World Trade Corporation (OTC Bulletin Board: CWTD) ("CWTC") today announced a plan to launch an online store offering wholesale international air ticketing through its subsidiary New Generation Commercial Management Company, Limited ("NG") in the third quarter of fiscal year 2006.


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