Jet producer Bombardier Thursday told the Global Times that the Huaxia Airlines accident in Guiyang, Guizhou Province Saturday will not hamper the future of jet sales in China.
The European Chamber of Commerce in China (EUCCC) lodged complaints about market access and China's indigenous innovation policy Thursday at a press conference.
China's economic growth in the next decade is likely to fall to 7 percent from the current rapid pace, Deutsche Bank was quoted as saying Thursday. The Chinese government has set the target of 8 percent GDP growth.
Sinosteel, the country's largest iron ore trader, said Thursday that its financial management is under control after reports spread Monday that the company was suffering from major problems.
Jet producer Bombardier told the Global Times that the Huaxia Airlines accident in Guiyang, Guizhou Province Saturday will not hamper the future of jet sales in China.
China's key stock index closed up 1.3 percent Thursday, taking its cue from a rally on Wall Street, which was fuelled by strong US manufactur-ing data.
The global economic crisis has driven investors to forex markets where turnover has soared to a staggering $4 trillion a day - equal to what Germany produces in a year.
The pipeline explosion six weeks ago didn't cause an international catastrophe, but it revealed that China is dangerously unprepared for even a minor oil disaster.
China's gross domestic product (GDP) in the first half of this year reached 17.28 trillion yuan ($2.55 trillion), up 11.1 percent compared with the same period last year.