China is expected to lead the global aviation recovery thanks to its dynamic domestic air travel. The country will require 3,770 new airplanes valued at 400 billion USD over the next 20 years and will remain the world's largest commercial airplane market outside the United States, said Randy Tinseth, Boeing Commercial Airplanes' Vice-President for marketing. [caption id="attachment_52" align="alignleft" width="300" caption="Randy Tinseth"][/caption] "China is the world's most dynamic market for commercial airplanes. The strong domestic air travel growth in the country during the first half of this year gives us confidence that the world aviation industry is beginning to recover," said Tinseth, after ...

Ministry of Commerce (MOC) spokesman Yao Jian said China strongly opposes US decision to impose special protectionist tariffs on tire imports from China. Yao said China has held negotiations with the US over the case but the US still sticks to this decision, which is serious trade protectionism, with which China is strongly dissatisfied. The Ministry said the US had violated the WTO rule by this decision, and also its relevant commitments made on the G-20 financial summit. The business situation of the US tire producers has shown no apparent changes after the entry of Chinese products. There exists no direct competition ...