Cargo @ The China Perspective

TCP’s Exclusive Interview with Silk Road Advisors Managing Director William Dodson

June 29,2007

By AMY CHEUNG

In an interview that should be required reading for anyone looking to risk money beyond China’s seaboard, William Dodson, Managing Director of Silk Road Advisors, a China-focused strategic management consultancy, tells The China Perspective about changing foreign investment patterns and government incentives for investment in China’s 2nd- and 3rd-tier cities.

Wartsila to boost propeller production

June 29,2007

By STAFF EDITOR

Finland-based ship power supplier Wartsila Corp said it would double its production capacity of fixed pitch propellers in the city of Zhengjiang, Jiangsu province, the Yangzi Wanbao reported. The propeller is commonly used in container ships. The Finnish company established a joint venture with the China State Shipbuilding Corporation in 2004, called Wartsila-CME Zhenjiang Propeller Co Ltd, to design and build propellers for gigantic vessels such as oil tankers and cargo containers. Chinese companies have built 425 ships in the first five months of this year, 45% of which have been for overseas orders.

Chinese carriers report May profits

June 20,2007

By STAFF EDITOR

The Chinese aviation industry reported a net profit in May on the back of a 19% climb in passengers carried and a 16% surge in air cargo volumes, China Economy reported. According to official statistics, revenues across all Chinese carriers increased 11% to RMB21.1 billion in May, against operating costs of RMB19.9 billion. Carriers flew 15.5 million passengers and 306,000 tons of cargo. Net profits were also boosted by fuel surcharges, which transferred some fuel costs to passengers, and a reduction in taxes on flights over 800 kilometers from RMB100 to RMB80 per ticket, and on shorter flights from RMB60 to RMB50 per ticket.

The China Perspective for June 20

June 20,2007

By STAFF EDITOR

Export rebates to be slashed or scrapped

China Mobile eyes home IPO

Shanghai retail sales surge in May

Shanghai to be crowned world’s busiest port

June 19,2007

By STAFF EDITOR

Singapore will lose its title as the world’s busiest port to Shanghai next year, the Singapore-based Straits Times reported. However, Singapore – which surpassed Hong Kong as the world’s busiest container port in 2005 – will keep its title as the world’s key transshipment hub. Transshipment cargo is unloaded from a ship and then loaded onto another vessel right away, typically destined for a smaller port. Shanghai overtook Hong Kong as the world’s second busiest container port in the first quarter of this year.

The China Perspective for June 19

June 19,2007

By STAFF EDITOR

Minsheng Bank to issue US$20b bonds

WTO chief in China for trade talks

Predicted rate hikes could drive up RMB

Direct trains boost Yangshan Port

June 05,2007

By AMY CHEUNG

New fixed direct trains originating in Shanghai and neighboring areas are changing the relationship between domestic and foreign port operators and transportation companies.

The China Perspective for June 4

June 04,2007

By AMY CHEUNG

Bank loans drive China output to record

Japanese carrier to tie up with Shanghai Airlines

Offshore investment quotas under-used

The China Perspective for May 31

May 31,2007

By AMY CHEUNG

Asian stocks follow China’s slump

World Bank raises China growth estimate

Possible US$930 million offer for China Eastern

The China Perspective for May 17

May 17,2007

By AMY CHEUNG

One-third mainland dairy firms non-profitable

Mainland airlines losing international cargo share

Unified Jilin Bank targets July launch

1 2 3 4 5 6 7 8 9 10

Today’s Daily Briefs E-Mail

	TCP’s Exclusive Interview with Silk Road Advisors Managing Director William Dodson June 29,2007 By AMY CHEUNG In an interview that should be required reading for anyone looking to risk money beyond China’s seaboard, William Dodson, Managing Director of Silk Road Advisors, a China-focused strategic management consultancy, tells The China Perspective about changing foreign investment patterns and government incentives for investment in China’s 2nd- and 3rd-tier cities. Wartsila to boost propeller production June 29,2007 By STAFF EDITOR Finland-based ship power supplier Wartsila Corp said it would double its production capacity of fixed pitch propellers in the city of Zhengjiang, Jiangsu province, the Yangzi Wanbao reported. The propeller is commonly used in container ships. The Finnish company established a joint venture with the China State Shipbuilding Corporation in 2004, called Wartsila-CME Zhenjiang Propeller Co Ltd, to design and build propellers for gigantic vessels such as oil tankers and cargo containers. Chinese companies have built 425 ships in the first five months of this year, 45% of which have been for overseas orders. Chinese carriers report May profits June 20,2007 By STAFF EDITOR The Chinese aviation industry reported a net profit in May on the back of a 19% climb in passengers carried and a 16% surge in air cargo volumes, China Economy reported. According to official statistics, revenues across all Chinese carriers increased 11% to RMB21.1 billion in May, against operating costs of RMB19.9 billion. Carriers flew 15.5 million passengers and 306,000 tons of cargo. Net profits were also boosted by fuel surcharges, which transferred some fuel costs to passengers, and a reduction in taxes on flights over 800 kilometers from RMB100 to RMB80 per ticket, and on shorter flights from RMB60 to RMB50 per ticket. The China Perspective for June 20 June 20,2007 By STAFF EDITOR Export rebates to be slashed or scrapped China Mobile eyes home IPO Shanghai retail sales surge in May Shanghai to be crowned world’s busiest port June 19,2007 By STAFF EDITOR Singapore will lose its title as the world’s busiest port to Shanghai next year, the Singapore-based Straits Times reported. However, Singapore – which surpassed Hong Kong as the world’s busiest container port in 2005 – will keep its title as the world’s key transshipment hub. Transshipment cargo is unloaded from a ship and then loaded onto another vessel right away, typically destined for a smaller port. Shanghai overtook Hong Kong as the world’s second busiest container port in the first quarter of this year. The China Perspective for June 19 June 19,2007 By STAFF EDITOR Minsheng Bank to issue US$20b bonds WTO chief in China for trade talks Predicted rate hikes could drive up RMB Direct trains boost Yangshan Port June 05,2007 By AMY CHEUNG New fixed direct trains originating in Shanghai and neighboring areas are changing the relationship between domestic and foreign port operators and transportation companies. The China Perspective for June 4 June 04,2007 By AMY CHEUNG Bank loans drive China output to record Japanese carrier to tie up with Shanghai Airlines Offshore investment quotas under-used The China Perspective for May 31 May 31,2007 By AMY CHEUNG Asian stocks follow China’s slump World Bank raises China growth estimate Possible US$930 million offer for China Eastern The China Perspective for May 17 May 17,2007 By AMY CHEUNG One-third mainland dairy firms non-profitable Mainland airlines losing international cargo share Unified Jilin Bank targets July launch 1 2 3 4 5 6 7 8 9 10	Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. MOST POPULAR XEMC Windpower inks US$46m deal with Datang Power Generation Haima to build 2 150,000-vehicle plants Paper makers team up on eco-friendly plant Construction set to begin in Guangzhou on world’s largest wholesale base Foreign acquisitions in China worth US$17.6b through August VC funds target IT and healthcare sectors in August 70%+ Chinese software developers not competitive: IDC Chongqing to boost VC fund by US$146m over 3 years Shanghai Industrial Holdings to spin-off non-core business Blackstone, VXL Capital set up mainland property management firm Go to Complete List >

LOGIN AGRICULTURE AND FOOD AUTOMOTIVE AVIATION BANKING, FINANCE AND INSURANCE CHEMICALS CONSUMER AND RETAIL DEMOGRAPHICS EDITOR'S BLOG ENERGY HEAVY INDUSTRY INFRASTRUCTURE AND CONSTRUCTION INVESTMENT LEGAL AND REGULATORY LOGISTICS AND TRANSPORT MACROECONOMICS NATURAL RESOURCES AND COMMODITIES PHARMACEUTICALS POLITICS REAL ESTATE STOCK MARKETS TELECOMMUNICATIONS, MEDIA AND TECHNOLOGY TEXTILES TRADE ABOUT US Affiliates Contact Us HELP Privacy Policy Terms of Use