The signing of a free trade agreement (FTA) between China and New Zealand on April 7 could give the soon-to-air cartoon Jane and the Dragon a Chinese touch.
China COSCO Holdings Co, Asia's largest shipping company by market value, rose for a fifth day in Hong Kong trading, its longest winning streak this year, after annual profit doubled on the purchase of dry-bulk ships.
The Shanghai main stock index tumbled more than 4 percent to a fresh 13-month low yesterday before bouncing sharply to end higher, led by financials.
With its sales volume crossing the 100,000-unit mark last year, a 25 percent increase over 2006, German premier car producer Audi AG has strengthened its leading position in China's luxury sedan segment. The strong sales have also made China Audi's second biggest market, climbing up from the fourth position in 2006.
Shimao Property Holdings Ltd, the Chinese developer controlled by billionaire Xu Rongmao, said 2007 profit rose 80 percent as it sold more apartments amid surging home prices in the world's most populous nation.
Since its inception in 1997, Star Alliance has grown into the world's largest airline alliance. Its 20 members now carry about 30 percent of all air travelers in the world every day.
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