Search Results for 'China'

China's East Star Airlines suspends flights

Another privately owned airline in China has hit turbulence amid the current slowdown. According to the Civil Aviation Administration, East Star Airlines has suspended its flights with effect from Sunday. No reason was given, but repor [...]

Posted On : Mar, 16 2009 | Comments : 0

China Eastern Airlines to post 'significant loss' for 2008

China Eastern Airlines, the country's third largest carrier, on Monday warned it expected to post a "significant loss" for 2008 due to fewer passengers and bad bets on fuel hedging contracts. The company said it faced an unaudite [...]

Posted On : Jan, 12 2009 | Comments : 0

China's Economy Grows 9%, Slowest Pace in Five Years

China's economy, the biggest contributor to global growth, expanded at the slowest pace in five years as the financial crisis cut demand for exports. Gross domestic product rose 9 percent in the third quarter from a year earlier, the stat [...]

Posted On : Oct, 20 2008 | Comments : 0

India-China trade reaches $ 37.8 billion in 2007-08

India's Union Minister of Commerce and Industry, Kamal Nath, has informed that India-China trade in 2007-08 reached $ 37.8 billion, an increase of 47 per cent over 2006-07. Interacting with the visiting Chinese Vice Minister, Gao Huc [...]

Posted On : Oct, 13 2008 | Comments : 0

2008 Beijing Olympics: China aim to end the American dream a...

Former Chinese Premier Zhou Enlai was famously asked if he considered the French Revolution to have been a success: he paused briefly before venturing the opinion that it was really much too early to judge. Old China used to take its time [...]

Posted On : Aug, 08 2008 | Comments : 0

China to accomplish Telecommunication overhaul in six months

China, which is undergoing a colossal restructuring of its telecommunication sector will complete its restructuring process within six months, said Xi Guohua, the vice-minister of industry and information. While addressing a press co [...]

Posted On : Jul, 19 2008 | Comments : 0

ICBC, China Banks Drop on Reserve Requirement Boost

Industrial & Commercial Bank of China Ltd. fell to an 11-month low in Shanghai trading, leading banks lower after they were told to set aside more deposits as reserves for a fifth time this year, reducing funds available for lending. [...]

Posted On : Jun, 10 2008 | Comments : 0

China's new jumbo-jet firm no threat to Airbus, Boeing: stat...

China's new aerospace firm charged with building jumbo-jets will pose no threat to Airbus and Boeing for 20 years and will require the help of foreign technology, state press reported Monday. The launch of the Commercial Aircraft Corporati [...]

Posted On : May, 12 2008 | Comments : 0

In China, Hybrids Are Tough Sell

At the Beijing auto show this week, companies are showing off their latest environmentally friendly technologies, including hybrid engines, electric cars and fuel-cell vehicles. But there is little chance such innovations will help reduce [...]

Posted On : Apr, 21 2008 | Comments : 0

Air China Falls as China Eastern Opposes Stake Sale

Air China Ltd., seeking a combination with China Eastern Airlines Corp., fell the most in four months in Hong Kong trading after the smaller carrier snubbed an initial approach. Air China dropped 10 percent to HK$8.86 at the 12:30 p.m. tra [...]

Posted On : Jan, 21 2008 | Comments : 0

GM China Sales Growth Slows on Volkswagen, Ford Competition

General Motors Corp., banking on emerging markets to counter falling U.S. sales, posted its slowest growth in China in at least five years as Volkswagen AG and Ford Motor Co. lured customers with newer models. China vehicle sales rose 19 p [...]

Posted On : Jan, 10 2008 | Comments : 0

China talks introduce world of import controls

A toy dog, an electric train and a blond doll would bring smiles to most American homes this Christmas. When the giver is the Chinese government, and the recipients are visiting U.S. trade officials, the smiles seem a little forced."It [...]

Posted On : Dec, 12 2007 | Comments : 0

Rising Food and Fuel Costs Spur Inflation in China

Inflation accelerated further in China last month, government statisticians announced on Tuesday, as rising costs for food and fuel are now sending prices up briskly across Asia.Governments across most of Asia have been issuing more of thei [...]

Posted On : Dec, 11 2007 | Comments : 0

Delta, US Airways, United Airlines Win China Flights

Delta Air Lines Inc. and US Airways Group Inc., the only major U.S. carriers that operate internationally without China flights, won U.S. permission to fly to the Asian nation.Delta may start service immediately and US Airways in 2009, the [...]