Beijing buses will reward passengers who give up their seats for others, in an effort to make the capital’s buses a more courteous experience ahead of the 2008 Olympics.
Chinese banks have piled up a mountain of bad debt after lending money to car buyers who can't afford the payments, a senior researcher told Xinhua on Tuesday.
Greater exposure to the international market of China's home-brand cars has attracted strong interest from Italian automobile design companies.
On a recent 'Car Free Day' in Beijing, the capital was clogged with vehicles and the sky a drab shade of grey. The sheer number of cars on the roads had made a mockery of the city initiative to make dwellers ride their bicycles or use the public transport.
Chinese online auto service receives cash infusion from Goldman Sachs and others.
Automobile Compta/Audit/Administration/Finance
