SAIC Motor, China's largest carmaker by sales volume, reported a 15 percent drop in first-quarter net profit on April 29. Net profit for the January-March was 8.25 billion yuan, compared to 9.71 billion yuan a year earlier. Meanwhile, SAIC Motor generated a total revenue of 200.2 billion yuan, down 16.18 percent year-on-year.
SAN FRANCISCO — US multinational aircraft giant, Boeing Co, has its eyes on more deals in China, which is expected to become the largest aircraft market in the world over the next decade, an official with Boeing said in a written interview with Xinhua Friday.
SAIC employees inspect cars on an assembly line in Shanghai in February. [Photo/Xinhua]
SHANGHAI - Around 100 New Zealand companies will participate in this year's China International Import Expo (CIIE), which will run from Nov 5-10 in Shanghai.
SEOUL - The trial of disgraced former South Korean president Park Geun-hye will proceed without her, a court said on Tuesday, following a hiatus of more than 40 days as she boycotted proceedings.
SEOUL -- A South Korean man in his late 70s died Friday after setting fire to his own car near the Japanese embassy in Seoul and suffering burns, according to local media reports.
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SAN FRANCISCO - Grounded Boeing 737 MAX planes are unlikely to restart carrying passengers until 2020 as it will take time to fix flight-control software and complete other work, government and industry officials have said.
SAN FRANCISCO - Boeing Company announced Wednesday that it has set aside 0 million to address family and community needs of those affected by two deadly air crashes in Indonesia and Ethiopia last October and this March.
SAN FRANCISCO - On a normal day, in a conventional scenario, teenagers are consumers of technology, most likely mobile information devices, being addicted to games or social media.
SAN FRANCISCO - A senior executive officer of Ted Stevens Anchorage International Airport, a major commercial hub in Alaska in the US northwesternmost state, said Wednesday that he is expecting to increase more flights to China.