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China Daily, AP
China Southern, which recently agreed to sell a minority stake to American Airlines, is buying its first A350s as part of a push to expand the fleet to 1,000 planes by 2020 from 700 now, said Wang Changshun, the president.
China Eastern will issue 7.46 billion yuan (.049 billion) worth of directional shares for entities under Juneyao Group to purchase and listed Juneyao Airlines will issue 2.1 billion yuan shares for China Eastern to invest, said a China Eastern Airlines statement on Tuesday.
China and ASEAN members are focusing on the fight against the COVID-19 pandemic and economic recovery, he said, adding what they need is solidarity, cooperation, peace and stability.
China and Russia may have more of their business transactions settled in their own currencies as bilateral trade increases and both face rising hostility from the United States.