Talks between the Mainland and Taiwan representatives over tariff-free policies on fruit from the island are likely to be canceled due to a likely no-show by Taiwan, state media reported, citing Wang Liaoping, standing vice-chairman with the Cross-Srait Association for Economic and Trade Communication. Taiwan President Chen Shui-bian has called the Mainland's tariff-free offer a […]
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China to recruit foreign pilots
The General Administration of Civil Aviation of China (CAAC) will soon announce China's new policy to recruit foreign pilots in an effort to relieve the domestic pilot shortage, China Daily reported, citing a CAAC official. Foreign pilots would have to obtain flight licenses in China, according to Rao Shaowu, director of the CAAC's Flight Standard […]
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Nissan Diesel aims to increase China sales
Japanese truck maker Nissan Diesel Motor Co said it seeks to raise its China sales by nearly tenfold in four years, and would double its stakes from 25% to 50% in its Chinese joint venture, Dongfeng Nissan Diesel Motor Co, to meet that target, according to media reports. Nissan Diesel, about 24%-owned by Nissan Motor […]
The Simon Property Group, one of the biggest real estate developers in the US, said it has partnered with Morgan Stanley and a state-owned Chinese company to build about a dozen shopping centers in China, state media reported. Simon and Morgan Stanley Real Estate Funds will each take 32.5% stakes in the venture, with SZITIC […]
Chinese Vice Foreign Minister Dai Bingguo and US Deputy Secretary of State Robert Zoellick will hold the first China-US strategic dialogue in Beijing on August 1, state media reported, citing a Foreign Ministry official. The scheduled dialogue resulted from an agreement reached between the two heads of state during the Asia-Pacific Economic Cooperation (APEC) Summit […]