The second aircraft carrier is expected to have a displacement of 50,000 tonnes. China is looking into catapult technology for the third Type 002 carrier being built in Shanghai, the daily quoted Li Jie, a…
Monthly Archives For February 2017
China's Ant to invest $200 mln in Korea's Kakao Pay amid global push
SHANGHAI (Reuters) – China’s Ant Financial will invest $200 million in Kakao Pay, the mobile payment subsidiary of South Korean messaging platform giant Kakao Corp, extending a major push by the Chinese firm to create…
China as leveraged as ever
Beijing – At the dawn of the year of the rooster, China’s economy is as leveraged as ever, with credit still outpacing growth. Yet there’s a difference from past years: an absence of turmoil in…
Guangdong banking regulator widens core debt for lenders to ease burden – sources
SHANGHAI Feb 21 China’s banking regulator is allowing banks in the southern Chinese province of Guangdong to count negotiable certificates of deposit with a tenor of more than 90 days as part of their minimum…
‘Threatening & damaging’: Beijing hits out at US patrols in South China Sea
“China always respects the freedom of navigation and overflight all countries enjoy under international law,” Chinese Foreign Ministry spokesman Geng Shuang said at a daily news briefing on Monday, as cited by Reuters. “But we…
China opposes U.S. naval patrols in South China Sea
“China always respects the freedom of navigation and overflight all countries enjoy under international law,” Chinese foreign ministry spokesman Geng Shuang said at a daily news briefing. “But we are consistently opposed to relevant countries…
Jeff Corwin explains Bao Bao's trip to China
February 21, 2017, 11:51 AM | The National Zoo’s giant panda Bao Bao is moving to China. Wildlife biologist Jeff Corwin discusses Bao Bao’s big trip on CBSN. ( read original story …)
China says Northern Korean coal ban shows its sincerity on U.N. resolutions
“This move reflects China’s responsible attitude on the Korean nuclear issue and its sincerity in implementing U.N. Security Council resolutions,” Geng said, referring to the ban. South Korea’s Yonhap news agency reported last week that…
China: Top Party Official Jailed for Corruption
A Chinese court sentenced Beijing’s former deputy Communist Party Secretary to 13 years in prison for corruption and made her pay a two million yuan (US$ 290,000) fine, state media said on Monday. Lu Xiwen…
China’s warships conduct training in Indian Ocean: State media
The official news agency did not provide any details of the exercise held in the Indian Ocean, considered India’s backyard, where the People’s Liberation Army Navy has been increasingly active. Chinese navy’s increasing presence in…
Beijing opposes US naval patrols in South China Sea
“China always respects the freedom of navigation and overflight all countries enjoy under international law,” Chinese foreign ministry spokesman Geng Shuang said at a daily news briefing. “But we are consistently opposed to relevant countries…
Special delivery: US-born panda cub Bao Bao bound for China
The National Zoo in Washington is packing up its American-born panda cub Bao Bao for a one-way flight to China where the three-year-old will eventually join a panda breeding programme. The cub won’t have to…
China Mobile : Cobham partners with China Mobile for dual connectivity demo
The LTE-Advanced dual connectivity trial marks major milestone in 5G roadmap, supporting operators and improving customer experience The system demonstrates how throughput and capacity can be improved across a network, by utilising radio resources from…