Airbus' battle to rule the airways

2011-06-23 15:02:22

Airbus has steadily ramped up its fleet in China with its market share increasing from 7 percent in 1995 to 45 percent by the end of April. Its US rival, The Boeing Company, which had a 13-year head start in the country, still holds the rest of the market.

High-speed technology eyes US patents

2011-06-23 15:01:54

CSR Corporation Limited, one of China's two manufacturers of high-speed trains, is mulling over whether to apply for patents for its CRH380A train in the United States, a senior company technician said.

Problems for phase two of Kyoto Protocol

2011-06-23 14:50:38

China's top climate change official, Xie Zhenhua, said on Wednesday that climate talks should stick to the dual-track approach in Durban, South Africa, at the end of this year.

SUV deliveries in China increase 30% Jan-May

2011-06-23 14:11:21

China surpassed the US as the world's largest car market on sales of sedans. Future growth lies with sport-utility vehicles.

Chinese Ministry of Health and Bayer 'Go West'

2011-06-23 14:00:50

Bayer HealthCare signed an agreement with the Ministry of Health on Tuesday to add 20 million yuan ($3.09 million) in investment to continue its "Go West" medical training project, which was first launched in 2007.

BAIC to expand overseas with new manufacturing plants

2011-06-23 13:59:36

Beijing Automotive Group (BAIC), the Chinese partner of Daimler AG and Hyundai Motor Co, will increase its car sales in the Southeast Asian market in coming years, when a new factory begins operations in South China, said a top company manager.

D&O premiums skyrocket after US lawsuits

2011-06-23 13:40:55

The price of directors and officers liability insurance (D&O) in China has gone up more than 20 percent this year, after a series of class-action lawsuits against US-listed Chinese companies pushed up risk-insurance premiums.

China's central bank suspends bill issue

2011-06-23 13:40:13

The People's Bank of China (PBOC), the central bank, on Thursday suspended its regular issue of bills to inject liquidity into banks to ease tight money supply in the market.

Inner Mongolia closes 200 non-coal mines

2011-06-23 13:35:55

The work-safety watchdog in north Inner Mongolia Autonomous Region has shut down 205 non-coal mines and ordered 136 others to suspend operations in a six-month campaign to boost safety supervision in the resource-rich region, authorities reported Wednesday.

China to subsidize forestry industry

2011-06-23 13:24:28

The Ministry of Finance said on Wednesday that China will continue to subsidize tree planting this year to boost the development of the country's forestry industry.

"Ever-increasing footprint" in China: Airbus

2011-06-23 13:01:06

Airbus would be happy to expand its cooperation with the Chinese aviation industry after 26 years of success, says the president of Airbus China.

ICBC plans bond sale to raise capital

2011-06-23 11:17:22

Industrial and Commercial Bank of China Ltd plans to sell 38 billion yuan ($5.9 billion) of subordinated bonds as soon as next week, according to a person familiar with the matter.