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HONG KONG: China’s airlines will refuse to pay any carbon costs under the European Union’s (EU) Emissions Trading Scheme, while other Asia-Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers.
HONOLULU, Nov 13 (Reuters) The head of Boeing chose his words carefully as he explained to U.S. President Barack Obama the dilemma that Corporate America faces in trying to do business in China.
SEOUL, South Korea: Leaders of the world's 20 biggest economies faced the urgent task at their summit Friday of resolving a U.S.-China currency dispute that has raised the specter of a global trade war.