
China auto sales down 2.98% in August: industry group
Car sales in China fell 2.98 percent in August from a year ago, an industry group said Thursday, as concerns rise over slowing growth in the Chinese economy.
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Car sales in China fell 2.98 percent in August from a year ago, an industry group said Thursday, as concerns rise over slowing growth in the Chinese economy.
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China's auto sales jumped 55.7 percent year on year in August, boosted by Beijing's new subsidies scheme for energy-saving vehicles, state media said Thursday.
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Cathay Pacific announced Wednesday its chairman John Slosar is stepping down to retire, the latest high-profile executive to leave the troubled airline after it drew Beijing's ire over pro-democracy protests in Hong Kong.
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Cathay Pacific plans to resume full operations by Saturday after replacing defective engine fuel lines on its Airbus A350 planes, the airline said Wednesday, a problem that forced it to cancel dozens of flights this week.
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Hong Kong carrier Cathay Pacific has temporarily grounded its fleet of A350 aircraft for inspections after a "first of its type" engine component failure forced a flight to Zurich to turn back on Monday.
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