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Big wheels get ready for the fast lane despite labor bumps
By Li Fangfang (China Daily)
China will retain its competitive edge and remain a favorite manufacturing destination for global automakers, but the recent labor unrests may increase costs for companies, industry so...
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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...
Business News
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FAW-GM to double light commercial vehicle capacity
By Li Fangfang (China Daily)
General Motors said on Friday that its joint venture with FAW Group plans to double production capacity of light commercial vehicles in China.
"We plan to be a major pla...
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China accelerates electric vehicle dream
By Zhao Tingting (chinadaily.com.cn)
China's electric vehicle (EV) market is in pole position to become the first nation in the world to realize the EV era, Tony Chen, China Regional Manager with SUD-Chemie, said ...
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Airlines staff makes apology
By Tian Xuefei and Xin Dingding (China Daily)
Henan Airlines' senior management apologized on Thursday to families of the victims and to the entire country for Tuesday's deadly air crash.
A Brazilian-made...
