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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (1966)12/14/2003 10:24:18 AM
From: RealMuLan  Read Replies (1) of 6370
 
A Chinese Airport Readies for Takeoff
Designed to handle 30 million passengers, Baiyun could challenge Hong Kong.


By Tyler Marshall, Times Staff Writer

GUANGZHOU, China — With its glitzy American-designed terminal and twin 2.5-mile-long runways, Guangzhou's new multibillion-dollar Baiyun International Airport is merely the latest major transportation project to grace southern China's Pearl River Delta — one of the world's fastest-growing economies.

It will be the area's fifth airport in recent years and will be able to handle the world's largest commercial aircraft — the 550-seat Airbus 380 — and nearly 30 million passengers a year when it opens next fall. Some believe that the new airport, with ambitions to become a hub for the Southeast Asia region, could directly challenge Hong Kong's 5-year-old international airport less than 100 miles away.

"Our biggest competitor is Hong Kong," Rena Huang, a Baiyun airport official, said as she led a group of foreign reporters through the nearly completed main terminal. "Right now, Hong Kong is the transit point between China and the rest of the world, but we've got a lot of things going for us."
latimes.com
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