[photopress:air_China_Southern.jpg,full,alignright]If the airlines of China are going to compete successfully with the American and other airlines streaming in to their country, they need to lift their game. A good sign is that China Southern Airlines will be launching an all-new First Class and Business Class travel experience with all-new Airbus A330 – available from November […]
Category: Economics & Trade
The EU and China have agreed to monitor Chinese clothing exports to Europe until the end of next year, AP reported. The monitoring agreement replaced a plan to lift all quotas on Chinese textiles at the start of 2008. The new intitiative is expected to ease trade tensions. The monitoring system will allow European governments […]
European finance ministers called for a free-floating yuan, the Wall Street Journal reported. The ministers were meeting in Luxembourg to prepare a European stance ahead of the Group of Seven meeting in the US later this month. Jean-Clade Juncker, Luxembourg's prime minister and finance minister, said he plans to visit China to discuss the yuan's […]
ING is in talks with China Post over providing insurance through a tie-up with the postal service. Hans van der Noordaa, chairman of ING's Asian insurance and investment division, told Shanghai Securities News (in Chinese) that the insurer is interested in using China Post's nationwide distribution to sell its products. ING has expertise in collaborating […]
China's business climate index, a key gauge of business performance, remained high in the third quarter of this year despite a slight decline following a series of government measures to cool the economy, according to a regular survey conducted by the National Bureau of Statistics (NBS). The index, based on a survey of 19,500 Chinese […]