Edition:
United States

Fang Yan

Call the air ambulance: Medical helicopters tipped for future China boom

Jun 08 2016

SINGAPORE/BEIJING As China opens up its low-level airspace to civilian aircraft, the global aviation industry is laying the groundwork for a boom beyond private business jets and pilot training schools - with the purchase of fleets of air ambulance helicopters.

Digging for growth in China? Not quite yet, say excavator makers

May 06 2016

BEIJING/HONG KONG The makers of China's excavators and bulldozers should be rejoicing: after two years of consecutive monthly declines, overall sales were up in the first three months of the year, while property sales and construction activity revived. | Video

Not the bottom yet, but Caterpillar raises hope of China rebound

Apr 25 2016

BEIJING/SINGAPORE Caterpillar Inc , the world's largest maker of heavy equipment, has raised hopes that China's battered construction sector may be showing signs of life, pointing to its strongest post-holiday period in three years after a government boost.

Utility trumps luxury as China private jet buyers fly economy

Apr 13 2016

SHANGHAI/SINGAPORE Makers of private jets for China's elite are shifting their focus from luxury to convenience, as a cooling economy and long-running crackdown on corruption prompt customers to demand smaller planes and even consider second-hand deals.

Avolon owner Bohai Capital to nearly double aircraft fleet - COO

Apr 01 2016

BEIJING Chinese aircraft lessor Bohai Capital , known for its September purchase of Irish peer Avolon Holdings Ltd, aims to nearly double its fleet in coming years to take advantage of a boom in Chinese travel demand, a top executive told Reuters.

Air China 2015 profit jumps 77.5 percent on lower fuel costs

Mar 30 2016

BEIJING Air China Ltd , China's flagship airline, said on Wednesday its 2015 net profit jumped 77.5 percent, boosted by record low fuel prices and robust leisure and business travel demand.

Juneyao Air expects to triple fleet by 2020 -chairman

Mar 13 2016

BEIJING, March 13 Juneyao Airlines expects to nearly triple its fleet size by 2020 and orders for the new planes have already been placed, its chairman said on Sunday.

Chinese firms step up dollar debt redemptions as yuan weakens

Jan 08 2016

HONG KONG Chinese companies that have borrowed heavily in global dollar debt markets are increasingly planning early repayments of their dollar-denominated loans and bonds as the Chinese yuan's weakness extends into the new year.

Chinese drones prove mettle in Tianjin disaster

Dec 18 2015

BEIJING When an explosion devastated parts of China's Tianjin port in August, one insurance company turned to Chinese-made drones to help analyse the rubble and estimate the damages.

Chinese drones prove mettle in Tianjin disaster

Dec 17 2015

BEIJING When an explosion devastated parts of China's Tianjin port in August, one insurance company turned to Chinese-made drones to help analyse the rubble and estimate the damages.

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