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China' a priority market' amid European debt crisis: Boeing Co.
Dec 5, 4:45 pm
Beijing, Dec 5(ANI): China has become Boeing Co's priority market amid the European debt crisis, the US-based aircraft manufacturer has said.Boeing kick-started a six-month world tour in Beijing on December 4 for the first time.The Boeing 787 Dreamliner will stop in three Chinese cities - Beijing, Guangzhou and Haikou - before heading to Africa, The China Daily reports."The managers at our headquarters had a heated discussion about the first destination and I insisted on China, because it is our largest single market besides the US," Boeing Sales and Marketing for Greater China and Korea, Senior Vice President Ihssane Mounir said.Mounir said that China has the fastest-growing aviation market and predicted that it would become the world's second-largest market.He pointed out that Boeing's business expanded by 8 to 12 percent in a year in developing countries, especially China and the Middle East.Boeing is the 787 Dreamliner in the country because Chinese carriers need to be more competitive in the global market, Boeing China President Marc Allen said.He said Boeing the three stops of the 787 Dreamliner tour had the highest number of customers. Boeing expects to get new orders for 787 Dreamliners in the next 18 months in
China, Mounir said.The 787 Dreamliner
is a wide-body aircraft with 200 to 300 seats.(ANI)
CII says S and P retains 'negative' outlook on India
May 18, 11:57 am
New Delhi, May 18 (ANI): The negative outlook affirmation by S and P for India's BBB- status is unfortunate, Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), has said.
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Dow, S and P set record highs, log 4-week winning streak
May 18, 10:36 am
Beijing, May 18 (Xinhua-ANI): U.S. stocks bounced back on Friday to end the week for a fourth straight gain, with the Dow Jones Industrial Average and S and P 500 closing at all-time highs.
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Government claims economy on right track, reforms to continue
May 18, 9:24 am
New Delhi, May 18 (ANI): The government has said that the nation's economy is on right track and that reforms will continue.
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India-EU BTIA conclude another round of negotiations
May 18, 9:24 am
New Delhi, May 18 (ANI): Chief negotiators of India and the European Union (EU) met here from May 15 to May 17 and concluded another round of negotiations for the India-EU Broad-based Trade and Investment Agreement (BTIA).
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