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Shanghai Daily,上海日报

Transport


CIC said to have backed local taxi-booking app

China’s sovereign wealth fund has invested an unspecified amount in Didi Kuaidi, China’s dominant taxi-booking app, which is competing against United States firm Uber Technologies, a person with knowledge ...

August 4, 2015, Tuesday


China seeks private rail investors

CHINA yesterday issued a guideline to attract more private investment into its cash-strapped railway sector as it presses ahead with costly high-speed rail projects. Under the guideline, from the National ...

July 31, 2015, Friday


AVIC Capital GM dismissed for breaking share sale rules

THE general manager of Shanghai-listed AVIC Capital has been sacked for his role in the sale of shares in a subsidiary, defying rules banning such deals amid the recent stock market volatility, the company ...

July 30, 2015, Thursday


Air China to raise US$1.9b for jet purchase

AIR China Ltd said yesterday that it aims to raise up to 12 billion yuan (US$1.9 billion) in a private placement of A shares to help fund the purchase of 15 Boeing planes and upgrade its direct sales ...

July 29, 2015, Wednesday


Didi Kuaidi chauffeur service in 100 cities

Didi Kuaidi, which came into being after the merger of two ride-hailing applications, yesterday said its chauffeur service is expected to cover 100 cities by the end of this year. The company is moving ...

July 29, 2015, Wednesday


Delta to buy 3.55% stake in Eastern

DELTA Air Lines will invest US$450 million in China Eastern Airlines for a 3.55 percent stake and expand their cooperation on the China and US routes, China Eastern announced yesterday. Delta, the world’s ...

July 28, 2015, Tuesday


New Suez Canal to boost China trade

THE New Suez Canal will give China more opportunities to invest in Egypt and other countries, Egypt’s former Ambassador to China Mahmoud Allam said. “Egypt has decided to establish an industrial city ...

July 27, 2015, Monday


Shanghai edges up in shipping ranking

SHANGHAI has overtaken Dubai and taken the sixth spot as the world’s primary shipping centers, a ratings report released yesterday showed. Singapore, London and Hong Kong remained the top three destinations ...

July 25, 2015, Saturday


Airbus’ China plant likely to deliver wide-body jet in 2018

AIRBUS’ China plant is expected to deliver its first A330 wide-body passenger jet in 2018, one of the European planemaker’s Chinese partners said yesterday. The company earlier this month signed an agreement ...

July 23, 2015, Thursday


Spring to buy 21 A320 planes for US$2b

CHINESE budget carrier Spring Airlines plans to buy 21 Airbus A320 planes for 12.45 billion yuan (US$2 billion), citing growth in both international and domestic air travel. The Shanghai-listed company ...

July 22, 2015, Wednesday




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