The world’s Big Four express namesgradually step into an independentrunning term in China - which hasnodded their activities of operatingwholly owned affiliates in the countryaccording to the commitments to itsWTO entry - coinciding with two acquisitions,China Transportation Watchreported. Holland-based TNT officially announcedthe completion of the HoauLogistics Group acquisition on March14. The Chinese authorities approved ita few days later. However, the companydeclined to unveil the … [Read more...] about TNT and FedEx run business in China alone

China reportedly plans to invest 52billion yuan (6.7 billion dollars) inbuilding 37 new airports and expanding31 others in the west of the countryover the next four years. Citing China’s civil aviation authorities,the People’s Daily said thatwestern areas of the country had only38 percent of the nation’s airports,and the need for more access to aviationwas growing along with economicdevelopment. The remote north western parts ofthe country were particularly deprived,it … [Read more...] about China to build 37 airports in remote west

The Chinese government has confirmedthat it had taken the “importantstrategic decision” to challenge Boeingand Airbus by setting up a state-ownedcompany to build passenger jets, theFinancial Times reported. A statementposted on the government’s web sitesaid the decision to begin researchand development with a view to marketentry reflected “the wish of the entireChinese people for many years”. It said the decision was made onFebruary 26 but gave no reason … [Read more...] about Beijing confirms challenge to Boeing, Airbus