Independent journal on economy and transport policy
01:43 GMT+2
Struggling aero giant has new plan
(China Daily)
January 15, 2001
China Aviation Industry Corporation I (AVIC I), a chronic money loser among State-owned enterprises, has pledged to reverse its cash flow this year by prioritizing development of civil aircraft and land-based products, Liu Gaozhuo, president of the company, said at a meeting on Saturday in Beijing.
According to Liu, the colossal aviation enterprise plans ...... Read more on China Daily
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