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Auto firms headed for tougher times
By Zheng Lifei (China Daily)
Escalating competition and the specter of deflation are threatening to cut deeply into the profit margins of Chinese automakers, particularly those that specialize in small cars that r...
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Shipbuilding industry to see blue in three years
By Tu Lei (chinadaily.com.cn)
After two or three years' blowout, the Chinese shipbuilding industry will face a real test in 2011-2012, and the situation will be worse during the financial crisis, said a report fro...
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Blueprint of railways development
By Xin Dingding (China Daily)
China has long had plans for laying 120,000 km worth of railways by 2020, but as the global economic slowdown begins to bite, it looks as though the money will be spent faster than pl...
Business News
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GM's China sales up 51% in February
(Agencies)
General Motors said its February vehicle sales in China rose 51 percent from a year earlier on strong demand for Chevrolet and Cadillac models as well as its popular minivans.
The 174,306 vehic...
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Boeing sees no order cut from China: exec
(Agencies)
Boeing Co has received no cancellations of aircraft orders from Chinese airlines, a senior executive said on Thursday, although deliveries have been adjusted as carriers trim costs to cope with weak dem...
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Record sales month for GM across China
By Gong Zhengzheng (China Daily)
US carmaker General Motors (GM) achieved an all-time monthly sales record in China in September, boosted by robust demand in many of the country's small and medium-sized cities.
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