China Eastern's 2008 first half results saw a loss of US$31.1 million, compared with a loss of $44.7 million in the corresponding period for 2007, International Herald Tribune reported.
Duty threat to China textiles
Trade tension is quietly building between China and the United States, with threats of anti-dumping duties on Chinese textiles becoming more frequent in the run-up to the December 31 scrapping of quotas on textiles.
Bridge to Macau makes no commercial sense
The recent decision by the governments of Hong Kong, Guangdong and Macau to finance the construction of a bridge across the Pearl River Delta is the greatest example yet of how insane the idea is.
It will cost US$5.
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