A China Telecommunications Corp. sim card is displayed in Beijing. In the U.K., China Telecom will target the more than half a million Chinese citizens living in the country, and the tourists that are set to flock to the Olympic Games in London. Photographer: Nelson Ching/Bloomberg China Telecommunications Corp. (728), the nation’s largest fixed-line...
China’s airlines will refuse to pay any carbon costs under the European Union’s emissions trading scheme, while other Asia Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers. The EU’s scheme was launched in 2005 as one of the pillars of the bloc’s efforts to...
“We also urge China to make clear the importance of restraint by the new North Korean leadership,” Assistant Secretary of State M. Kurt Campbell told reporters in Seoul after meeting Foreign Minister Kim Sung-hwan of South Korea. Mr. Campbell discussed developments in North Korea following Kim Jong-il’s death with Mr. Kim and other senior...
BEIJING, Jan. 5 (Xinhua) — China’s largest-ever helicopter for civilian use was certified on Thursday by the Civil Aviation Administration of China, the country’s civil aviation authority. The move means that the 13-tonne AC313, Asia’s largest helicopter, is officially approved to enter the market, according to the Aviation Industry Corporation of China (AVIC), which...
Iran’s other big Asian customers have cut back oil imports or are in payment disputes with Tehran. But China’s slowdown in investment and work at Iran’s fields have not been accompanied by any slowdown in the flow of crude. Instead, it has bought more. The volume of imports in the first seven months of...
BYD Co., which counts Warren Buffett as an investor, has completed the world’s largest lithium-ion battery project to bottle wind and solar electricity in China, which will likely see more large energy storage projects as a result of its ambition to add lots of renewable energy. The Chinese electric car and battery maker finished...
BEIJING — In the days after Kim Jong-Il’s death, China’s most powerful leaders hurried to the North Korean Embassy in Beijing, where they fanned across its parquet floor and bowed three times to Kim’s portrait. One Chinese state councilor was “hardly” able to keep back tears, North Korea’s state-run news agency later said. The...
Computerworld - After winning the approval of regulators in Europe, Australia, and Japan, Western Digital may have hit a snag in its bid to acquire Hitachi’s disk drive arm. Chinese regulators are concerned that the deal could hurt hard drive competition. In March, Western Digital announced its proposed takeover of Hitachi Global Storage Technologies...
BEIJING, China – China called on the European Union on Thursday to heed objections to its plans to charge airlines for carbon emissions and to hold talks with opponents. The charges, which took effect Sunday, are aimed at curbing emissions of climate-changing gases but airlines oppose them as an improper tax. The ratings agency...
AFP – China’s trade surplus narrowed to around $160 billion in 2011, the commerce minister said Thursday, as the world’s number two economy faced weaker demand from key export markets. The drop from a 2010 trade surplus of $183 billion came after a year of economic turmoil in key export markets including the United...
