Russia and China will boost bilateral economic cooperation in the fields of energy, transportation, and development of the Far East, China’s Foreign Minister Wang Yi said on Sunday, TASS news agency reports. The two nations are aiming to increase bilateral trade to $100 billion in 2015, in addition to signing agreements on the Silk Road … Continue reading
Airbus Group, plans to double the annual value of aircraft components it sources from China to $1B by 2020. According to Reuters the news has been announced today by the firm’s China Chief Operating Officer, Rafael Gonzalez-Ripoll-Garzon. The Airbus major competitor Boeing is also trying to increase China component sourcing. Kent Fisher, Boeing Commercial Airplane’s vice-president, confirmed that during … Continue reading