China railways owe 1.8 trillion yuan
The 1.8 trillion yuan debt of China's railway enterprises is still "at a manageable level," said newly appointed railway minister Sheng Guangzu on March 5, according to a Xinhua report. Sheng took office last week to replace Liu Zhijun, who was ousted for "severe violation of discipline." Sheng said China would continue to develop its high-speed rail network despite Liu's fall from grace. "I believe that once the high speed network is fully in service, its market prospects will be excellent," he said.
Chinese jumbo set to fly in 2014
China's first jumbo jet, the C919, will make its maiden flight in 2014 after rolling off the assembly line around the end of 2013, the Commercial Aircraft Corporation of China (COMAC) said Saturday. The jumbo jet is due to go into service in 2016, Xinhua reports.
Interpol issues alert on Gaddafi
The International Criminal Police Organization on Friday issued an Orange Notice against Libyan leader Muammar Gaddafi and 15 others, including his family members and close associates, Xinhua reported. The memo urged Interpol's 188 members to enforce UN sanctions against Libya and support investigations by the Hague-based International Criminal Court into Gaddafi's alleged crimes against humanity.
(China.org.cn March 7, 2011)