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Metro suspends future funding of electronics unit, directs focus on wholesale arm

Media Markt China, the electronic products chain owned by Germany's Media-Saturn Holdings and Foxconn Technology Group, may have to close unless a buyer is found for the money-losing business, according to retail experts.

Media-Saturn's parent company, Metro Group, said on Wednesday it was withdrawing any furt
SHANGHAI will add another 175 kilometers of subway track in the next three years.

By 2015, the city's subway network will reach 600 kilometers, a traffic official said yesterday.

Sun Jianping, director of the Shanghai Transport and Port Administration, said the city will "continue to increase subway coverage downtown and improve public transport capacity."

More than 34 percent of commute
CHINA has approved 25 new subway projects with an investment of 800 billion yuan (US$126.98 billion), including five projects in Shanghai worth more than 16.79 billion yuan.

Second-tier cities such as Xiamen in Fujian Province and Taiyuan in Shanxi Province are to build metro lines while Shanghai and Harbin in Heilongjiang Province will see extensions to their existing urban rail systems, the
METRO operator Shanghai Shentong yesterday launched a free cellphone app, allowing travelers to access Metro information, including maps, stations, transit routes and the location of toilets on the city's 11 Metro lines.


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