China to Freeze Aircraft Orders in 2005
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China will not approve any new commercial aircraft purchases in 2005 in an effort to curb &quot;over-heated&quot; growth in the sector and uncontrolled capacity expansion by domestic airlines, a government official said.
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China ordered banks to put aside more money as reserves for the seventh time this year to cool lending and investment after inflation accelerated to a 10-year high.
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TORONTO - Bombardier shares came under pressure on Monday after the Chinese government grounded all Canadair Regional Jet 200 aircraft following a weekend crash that killed 54 people.
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OAO Yukos Oil Co., Russia&#39;s biggest oil exporter, will cut deliveries to China&#39;s biggest oil company next month after a government freeze on its bank accounts prevented it from paying railway bills.
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Japan plans to postpone buying  next-generation fighter aircraft to replace part of its ageing  air force fleet because the United States is unwilling to  export its state-of-the-art F-22 stealth fighter, a newspaper  said on Monday.
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China signed a $1.3 billion deal to buy Airbus SAS jetliners on Monday as German Chancellor Gerhard Schroeder began a visit that was expected to include talks on Beijing&#39;s desire for Europe to end a ban on arms sales to China.
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MOSCOW  - Embattled oil giant Yukos' shipments to China have been suspended until at least Oct. 20, company and government officials confirmed Thursday.
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Airbus SAS, the world&#39;s largest maker of airplanes, said it received firm orders from China Eastern Airlines and Air China, two of the country&#39;s main carriers, to buy 26 planes.
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Beijing, Dec. 17 (Jiji Press)--China's Zhejiang Province has ordered Toshiba Corp. , NEC Corp. , Fujitsu Ltd.  of Japan and Hewlett-Packard Co. of the United States to suspend sales of a total of five notebook personal computer models as they failed to qualify product inspections.
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U.S. blue chips stayed firmly lower on  Wednesday hurt by a fall in airplane manufacturer Boeing Co.  BA.N after China said it will not approve new aircraft  purchases next year in an effort to curb overheated growth in  China's airline sector.
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China will not approve any new commercial aircraft purchases in 2005 in an effort to curb "over-heated" growth in the sector and uncontrolled capacity expansion by domestic airlines, a government official said.
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BEIJING China has said that cooling its economy and maintaining a stable currency will be the government&#39;s priorities next year.
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Honeywell, the U.S.  avionics-to-antifreeze conglomerate, will beat its own target  for $1 billion of China sales in 2005 as it expands aerospace  manufacturing there, its country chief said on Thursday.
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China has suspended imports from several major U.S. meat processors, the latest indication the government may be retaliating as its products are turned back from overseas because of safety concerns.
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China said it will tax some textile exports and curtail investment in its domestic industry after the US and European Union threatened restrictions on an expected flood of Chinese clothing when quotas expire Jan. 1.
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Boeing Co  said on Tuesday that  China will require 3,400 new airplanes worth about $340 billion  over the next 20 years, raising its forecast for the country&#39;s  booming aviation arena.
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The move is expected to dampen prospects for a long list of companies that have focused on taking advantage of the Chinese market.