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A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu.  Commentary 

EADS jumps on talk of China stake interest: traders

Thu Mar 27, 2008 12:34pm EDT

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LONDON/PARIS (Reuters) - Shares in European aerospace and defense group EADS (EAD.PA) jumped as much 3.9 percent late on Thursday on talk that China was interested in building a stake in the company, traders said.

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EADS was up 3.2 percent at 15.01 euros at 12:28 p.m. EDT to make it the second-biggest gainer on France's CAC 40 .FCHI, which was up 0.9 percent.

No immediate comment was available from EADS.

(Reporting by Sitaraman Shankar, Amanda Cooper and Blaise Robinson)



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