Wen Jiabao’s visit to India next week, shrouded in diplomatic secrecy is seen to be extremely important to future sino-India relations. The landmark visit by the Chinese Prime Minister to Delhi is expected to lay the foundation of strong cultural and economic...
Competing for a share of the US$70 billion-a-year global aircraft market, against stalwarts like Boeing and Airbus, Commercial Aircraft Corp. of China announced its first 100 orders for the 166-seat yet-in-development C919 plane, the country’s first made in...
After ruling the roads, China is going to dominate its airspace. Opening up one of the world’s largest untapped markets for corporate and civilian aviation, a circular jointly issued by the State Council and the Central Military Commission said China will...
Indian and Chinese exporters will be severely hit as new orders cannot be booked at old exchange rates, squeezing margins, Asian banks are expected to raise interest rates and nations will erect trade barriers, bracing themselves against an onslaught of hot money from...
After throwing Google out of the country, creating its own successful versions of e-bay, youtube and B2B platforms, China has launched its very own Google Earth. Entitled, Map World, or Tianditu, literally meaning heaven map in Mandarin. Launched by China’s State...
Raising interest rates after three years, to mop up excess liquidity, control inflation and systematically lower growth, the People’s Bank of China on Tuesday announced that the one-year lending rate in renminbi would rise from 5.31 percent to 5.56 percent and the...
