 Airbus, Harbin plane parts maker form joint venture |
| Airbus and Harbin Aircraft Industry Group Co (HAIG) will set up a joint venture early next year to produce aircraft composite material parts and components.The joint venture will be 80 percent controlled by HAIG, a company affiliated to China...... (7/17/2008 9:06:00 AM) |
| Chinese firm seals deal with Bombardier at air show |
| The Canadian company Bombardier Aerospace has sealed a deal with China's Shenyang Aircraft Corporation (SAC) at the on-going Farnborough International Air Show.Under the contract signed on Tuesday, China's SAC, a subsidiary of the state-owned...... (7/16/2008 6:45:11 PM) |
| Acer aims to break into China's top three |
| "No magic, only basic," that's what Gianfranco Lanci, Acer corporate president says when talking about his success in leading Acer into a global brand. Acer's global sales reached $14.07 billion in 2007, up 25 percent from 2006, making it the...... (7/15/2008 11:00:47 PM) |
| Nokia reinvents itself in a new era |
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Few foreign companies have gained the same success in China as Nokia. The Finnish mobile phone vendor recently announced that it sold 70.7 million handsets in China last year, an increase of 38.6 percent year-on-year. Its market share reached over...... (7/13/2008 10:30:38 PM) |
| Government working to raise stocks |
| The Chinese stock market is in the doldrums. Having tumbled 56 percent in 9 months since October, it's fast losing its primary function as a source of funds to finance the growth of the corporate sector. At a time of credit tightening to combat...... (7/13/2008 5:48:51 PM) |
| PICC prepares for listing within year |
| The People's Insurance Company (Group) of China's Huaibei branch in Anhui Province. (newsphoto)
Wu Yan, chairman of the People's Insurance Company (Group) of China (PICC), said that the company was seeking to list on the domestic stock market this...... (7/13/2008 5:33:58 PM) |
| Sinosteel wins control of Midwest |
| A front-end loader operates at one of Midwest Corp's facilities.
China's leading steel company Sinosteel succeeded in its bid to gain control of Australian iron ore miner Midwest. Stock exchange documents show it now has a majority...... (7/12/2008 10:22:00 AM) |
| Inflation may drop to 7.1% |
| China's consumer inflation will reportedly drop to 7.1 percent in June year-on-year, but the decrease will not necessarily result in an easing trend in the second half of 2008, analysts said.
Bank of China economists forecast that China could raise...... (7/11/2008 9:12:00 AM) |
