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| Friday, September 05, 2008 23:42:21 |
Air China moves to block China Eastern's Singapore deal
Air China may try to block Singapore Airline’s plan to buy a stake in China Eastern Airlines to protect its market position, the 21st Century Business Herald reported. China Eastern controls a 50% share of the lucrative Shanghai air market. Air China, which holds 11% of China Eastern’s Hong Kong-traded shares, may try to rally support from ...
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