Two girls doing knitwork in front of their house in Boshekeranmu county, Keshe of XinJiang Province, via www.fengniao.com
Read MoreFrom Bloomberg: Copper futures in Shanghai fell by their daily limit after central banks in Asia and Europe raised interest rates to curb inflation , threatening to slow economic growth and demand for commodities. Aluminum also dropped. The European Central Bank , the Reserve Bank of India , the Bank of Korea and the Reserve […]
Read MoreFrom Bloomberg: Cathay Pacific Airways Ltd., Asia’s fifth-biggest carrier, will pay $1.58 billion to buy Hong Kong Dragon Airlines Ltd . and double its stake in Air China Ltd., adding 21 routes in the world’s second-largest aviation market. Cathay will buy the 82 percent stake it doesn’t own in Dragonair for HK$8.22 billion ($1.1 billion) […]
Read MoreFrom AP: The AFL-CIO and two members of Congress asked the Bush administration Thursday to pursue trade sanctions against China, accusing the Chinese of violating international labor standards and costing 1.24 million American jobs. The group alleged that China’s labor practices violate U.S. trade law , which makes repression of workers’ rights a violation that […]
Read MoreFrom New York Times: Airbus and the Chinese government said today that that Tianjin , a port near Beijing, will be the site of a new plant to assemble Airbus A320 narrow-body jetliners. Airbus cautioned that a final decision to go ahead with the project would not be made until the end of September. But […]
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