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Toyota is likely to face a trust crisis in China following a massive recall of several models over problems with sticking accelerators in the United States, Europe and China, industry analysts have said. Tianjin FAW Toyota Motor Co Ltd will recall 75,552 RAV4 sport-utility vehicles from Feb 28 due to a potential flaw in their accelerator pedals, the Si...
Though China is very likely to replace Japan as the second largest economic powerhouse this year after the Unites States, the country's economy cannot rival Japan's in per capita GDP (gross domestic product), a fact that the Chinese should be soberly aware of. And the economic status that China will likely attain is expected to influence the politica...
BEIJING: The Chinese mainland announced on Jan 31 it would extend anti-dumping measures by five years on imports of phenol from Japan, the Republic of Korea, the United States and Taiwan. The Ministry of Commerce (MOC) said in a statement posted on its website that it decided to review the measures a year ago in response to applications from domestic phen...
BEIJING: China on Jan 30 began its annual mass passenger transportation for the traditional Lunar New Year, with an expected 2.54 billion journeys in the coming 40 days. The figure is 7.7 percent up from the corresponding period last year, according to the Ministry of Transport. Passengers would make 2.27 billion journeys by bus, up 7.5 percent yea...
The New Brunswick province of Canada, which has been widely seen as the Atlantic gateway on commerce, is looking for business opportunities with China. The local government has introduced preferential policies to solicit foreign investment, said the visiting commerce minister Victor Boudreau on Friday at the 2010 Sino-Canada Investment Promotion Fair i...
Recruiter Shi Lei sees the 2010 Shanghai Expo as a potential catalyst for companies to embrace greener technologies and reduce their carbon emissions, while also creating tens of thousands of new jobs. "It's wrong to isolate the human resources issue from a company's developing strategies and market supply," Shi, general manager of China Internationa...
NEW YORK: A joint venture partner of Ford Motor Co. said Sunday it has resumed making buses in China after determining that the gas pedal assembly doesn't have the same problem that forced a recall of millions of Toyota vehicles. Jiangling Motors Co. uses the same supplier, CTS Automotive of Elkhart, Indiana, that made pedal assembly parts for some Toyot...
A Chinese bullet train producer said Thursday that it is expanding production capacity to cope with the country's rising demand for high-speed railways. Wang Chenghui, deputy general manager of Tangshan Railway Vehicle Co Ltd, said the company would double its monthly production capacity in the first half of 2010 to eight bullet trains each with eight co...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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