China's ship-recycling industry is under mounting pressure from ongoing low steel prices and the increasing costs of adopting "greener" vessel-breaking methods, according to senior industry officials. The latest figures show ship-recycling revenue dropped 15 percent to 3.4 billion yuan ($519 million) in China last year. But labor and environmental protection costs soared, and the pri...
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| News
17 / 03 / 2016
Ship recyclers' revenue slips as scrap-steel prices plunge
Ship recyclers' revenue slips as scrap-steel prices plunge
19 / 02 / 2016
Tianjin to deliver A330s in 2017
Tianjin to deliver A330s in 2017
Airbus SAS expects its new China A330 completion center to deliver a jet per month starting in 2017, rising to two per month in the following two years, the firm's China head said on Tuesday. Airbus China President Eric Chen was speaking to media in Beijing ahead of a groundbreaking ceremony for the center in Tianjin. Airbus said it expects China's aviation market, the world's second-largest, ...
02 / 02 / 2016
China offers guidelines for companies investing overseas
China offers guidelines for companies investing overseas
The China Council for the Promotion of International Trade will release an export market guideline by the end of this month to assist the country's foreign trade, especially in emerging markets such as Latin America and Africa, officials said on Wednesday. "The guideline will help Chinese manufacturers get a better knowledge of global markets from developed economies to developing markets....
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