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Transportation in Eastern Asia

  • China to buy over $1tn worth of planes by 2036 as economy expands – Boeing

    CHINA, 2017/09/07 Economic increase in China has spurred an increasing request for aircraft, says Boeing. The US airplane maker has updated China's purchasing estimate to $1.1 trillion in the next two decades. Boeing estimates China will buy 7,240 aircraft by 2036, 6.3 % higher than the US company’s previous prediction of 6,810 planes last year.
  • China begins to mass produce regional jetliner ARJ21-700

    CHINA, 2017/07/11 A Chinese aircraft manufacturer has been certified to mass produce the country's home-grown regional jetliner ARJ21-700. The Commercial Aircraft Corp. of China (COMAC) said it obtained the production license from the General Government of Civil Aviation on Sunday. The company plans to deliver five ARJ21-700 jetliners by the end of this year.
  • China to add freight train service to south Asia

    CHINA, 2017/07/11 Lanzhou, capital of northwest China's Gansu Province, is preparing to launch a second freight train service to south Asia. The new line will start from Lanzhou, travelling through Kashgar in Xinjiang Uygur Autonomous Region to the Gwadar Port of Pakistan, Xu Chunhua, director of Lanzhou International Trade and Logistic Park, said at the China Lanzhou Investment and Trade equitable. In May last year, a rail and road cargo service opened between Lanzhou and Kathmandu, Nepal.
  • New heights for ASEAN–China commercial diplomacy in aviation

    ASIA, 2017/06/27 In 2010 ASEAN and China concluded an air transport agreement to establish a liberalised market access regime for both sides’ airlines. From presently on the benefits from the arrangement were unbalanced, with China making much bigger gains in access than the ASEAN states. A closer look at this imbalance makes clear the need for a authentic single market in aviation across ASEAN. The ASEAN states had attempted to negotiate as a bloc to increase their bargaining position against China. Up to this point, market access had been governed by bilateral agreements between the individual ASEAN states and China. These agreements typically imposed strict caps on the number of flights or types of aircraft operated by each party’s airlines in the other’s market.
  • Saudi Aramco-Hyundai in $5.2 billion shipyard deal

    SOUTH KOREA, 2017/06/02 Saudi Aramco is to build the region's biggest shipyard in a $5.2 billion joint venture with South Korea's Hyundai Heavy Industries and others, the partners said on Wednesday. The yard, to be constructed on the kingdom's Gulf coast, will have the capacity to produce four offshore rigs and 40 vessels, inclunding three supertankers, a year, the national-owned oil giant said in a statement. Lamprell, a United Arab Emirates-based provider of services to the energy industry, and Bahri, the National Shipping Company of Saudi Arabia, have as well signed on to the venture.
  • First Chinese-built passenger jet makes maiden flight

    CHINA, 2017/05/08 The initial Chinese-built passenger jet has taken to the skies for a politically charged maiden flight that authorities claimed would propel the country into a new era of aviation. The C919, a twin-engine airliner designed to compete with the Airbus 320 and Boeing 737, took off from Shanghai’s Pudong International airport just next 2pm on Friday and landed back there again 80 minutes later. The symbolic flight, which the government has celebrated as further evidence of China’s rise, was broadcast live on national-controlled television. “Today this is it! We have witnessed the successful takeoff!” said Yang Chengxi, a reporter for national-broadcaster CGTN, as the single-aisle jet powered into the skies over China’s financial capital.
  • Hong Kong Airlines is 'The Best Place to Work in Hong Kong' in 2016

    HONG KONG, 2016/05/15  Hong Kong Airlines, an internationally-acclaimed full-service airline, has once again won recognition for its achievements in talent management. Following the Employer of Choice Award 2015 presented by JobMarket magazine early this year, the Company won at 'The Best Place to Work in Hong Kong Awards' 2016 at the inaugural HR Summit & Expo HK yesterday. The Best Place to Work in Hong Kong Awards is organized by Diversified Communications Hong Kong, and supported by its strategic partner HRM Asia. The prestigious award honors outstanding enterprises' dedication to the well-being of their employees.
  • North Korea detains Russian yacht in neutral waters

    NORTH KOREA, 2016/05/15 A Russian official says North Korea has seized a Russian yacht with five crew members in the Sea of Japan without offering any "explanation." "The North Korean side has communicated that the yacht has been taken to the port of Kimchaek," said Igor Agafonov, a Russian foreign ministry official on Saturday. He added that the crew members aboard Elfin are alive and unharmed and that Russia is attempting to gain access to them.
  • China to allow mainlanders to make transit stops in Taiwan

    TAIWAN AREA, 2016/01/06 China said on Tuesday it would allow transit stops in Taiwan for its citizens traveling from three Chinese cities, allowing people from the mainland to travel on from the island for the initial time. The change is an extra step toward normalizing travel arrangements between the two sides which have enjoyed increasingly close business ties over recent years, and follows the launch last week of their initial telephone hotline. It comes days before Taiwan goes to the polls for elections likely to put into power a political party that Beijing distrusts.
  • China says it respects navigation freedom in South China Sea

    CHINA, 2015/11/15 China said Friday it respects freedom of navigation and overflight in the South China Sea despite reports its ground controllers issued warnings to US strategic bombers flying over the area this week. Foreign Ministry spokesman Hong Lei said Friday that China opposed flights that used such freedoms as mere legal cover, strongly implying that Beijing considered the flights by the B-52 bombers on Sunday and Monday as an excuse to challenge China's territorial claims in the South China Sea. China "firmly opposes violating international law and undermining China's sovereignty and security interests under the pretext of navigation and overflight freedom," Hong told reporters at a regular news conference. Pentagon spokesman Bill Urban said Thursday the pair of B-52s flew routine missions in international airspace in the vicinity of the Spratly islands and received two verbal warnings from a Chinese ground controller.