China Economic ReviewChina Unicom is preparing to expand into international markets, reported China Daily. “Acquisitions with overseas telecoms carriers will enable China Unicom to have precious footholds in the international telecoms market,” company president Wang Jianzhou was quoted as saying. The company has been in talks with foreign operators about forming equity or technological partnerships. Meanwhile, China […]
The take-up of China Unicom’s Code Division Multiple Access (CDMA) network in 2002 is likely to fall well short of the company’s target of 7m-8m new subscribers, said telecoms analysts. UBS Warburg forecast that this year’s subscriber numbers might be as low as 2.4m, following Unicom’s announcement that it had signed up 120,000 users in […]
Cosco is set to offer three more trans-Pacific services in April as slot-swap agreements are initiated with partner lines. With eight separate services linking Asia and the US west coast, Cosco will emerge as one of the largest providers of container slots on the Pacific. Over recent months, the formation of a new alliance between […]
For the first time since Taiwan lifted a ban on direct shipping between its outlying islands and the mainland, a mainland-owned cargo ship has sailed into a Taiwanese harbour. Some passenger ships have made the voyage over the past year, but until this sailing Beijing had not allowed its cargo ships to sail directly to […]
Construction work on the first phase of Shanghai’s new deepwater port will begin in late March or early April, said Zhang Huimin, chief of the city’s construction bureau. Yangshan port will be built on two outlying islands where the sea depths are much deeper than the shallow approaches to Shanghai’s existing ports. The first […]