China Economic ReviewJapanese electronics giant Toshiba said it wants to make and sell home appliances in China. The company's target is revenue of US$495m from sales of locally-made refrigerators and washing machines in 2005, but it would start local production only when foreign makers were allowed to operate in China without a local partner. Nikkei said that […]
A study on the future of Zhuhai's underutilised airport will be published late this month, said South China Morning Post. A source at the airport authority said that more emphasis would be placed on express cargo. The airport hopes that the study will encourage foreign investment to pay off its debts. Zhuhai is one of […]
Two new Boeing 747-400 cargo services have been inaugurated from China to the US and the Middle East. China Southern Airlines has begun a non-stop cargo service between Los Angeles and Shanghai, with a continuing service to Shenzhen. The service operates three times a week. Meanwhile, a weekly service operated by Emirates Sky Cargo has […]
Shanghai is expected to become the world's second largest port, after Singapore, by the end of next year, said Xinhua. It handled 125m tons of cargo in the first six months of 2002, an increase of 17 per cent year-onyear. Container traffic was up 31 per cent to 3.84m teu. Throughput at Shenzhen rose 55 […]
Danish shipping company AP Moller has formed a joint venture container terminal management company with the Port of Shanghai Authority. The new company will manage four berths in phase four of Waigaoqiao Container Terminals. Moller has contributed 49 per cent of the registered capital of Shanghai Hudong Container Terminal Management. Its container carrier subsidiary Maersk […]