BEIJING – China is in the midst of what proponents are heralding as its harshest crackdown on financial risks in history: a campaign that is by no means a fleeting gesture. This is not the…
Monthly Archives For May 2017
China takes on aviation giants as first passenger jet completes maiden flight
The C919 passenger jet has been billed as China’s answer to Boeing’s 737 and the Airbus A320 and the country’s first step in challenging western domination of the lucrative aviation market. State television screened a…
China's first home-made passenger plane takes to the skies for its maiden flight: Beijing begins its $1 trillion plan to take on western airlines
China’s first domestically built passenger plane completed its … Chinese media, including state broadcaster CCTV and news portal Sina, broadcast C919’s first flight live online. The aircraft had no passenger seats installed. Instead, it carried…
China's First Bike Rental Firm Hits Legal Bump on Ride to IPO
Before the halt on its IPO process, Youon said that the claimed patent infringement … been infringing the IP rights of a cellphone-lock technology, and has asked the Beijing Intellectual Property Court for damages. The…
Japan, ASEAN countries mull ways to counter financial crises
YOKOHAMA, Japan – Top financial leaders of the Association of Southeast Asian Nations met with their counterparts from Japan, China and South Korea on Friday to discuss ways to improve cooperation to cope with financial…
China's first big passenger plane takes off for maiden flight
China’s first large domestically made passenger aircraft has completed its maiden flight, mounting a major challenge to Boeing and Airbus. After about 90 minutes in the air the plane landed safely back at Pudong airport…
It’s serious: China central bank squeezes credit again in money market
The tapering of monetary easing by the People’s Bank of China, along with Beijing’s crackdown on financial irregularities, are sending jitters through the country’s financial and commodity markets, fanning fears that China’s monetary authority is…
Tire Imports: The Truth About Chinese Brands
Have tires that are “Made in China” finally arrived? Darrin Bossence can recall a time when Japanese products were not considered the best on the market. “Now, they’re one of the premium global manufacturers,” says…
China Mobile Partners Arm, Cavium and Enea for Open NFV Testlab
China Mobile has partnered with ARM, Cavium and Enea to co-develop an Open NFV Testlab. The collaboration will use Enea’s OPNFV-based commercial, Enea NFV Core platform, and Cavium’s ARM-based ThunderX workload-optimized datacenter server processors. (…
China's New Plane Will Be Helped Aloft by U.S. Technology
Out of more than 1,000 flights scheduled to take off or land at Shanghai’s vast Pudong International Airport on Friday, one marks the beginning of a new era in the aviation business. China is making…
China finance minister skips summit with Japan, Korea to attend emergency meeting
YOKOHAMA, Japan Chinese Finance Minister Xiao Jie skipped a trilateral conference with his Japanese and South Korean counterparts on Friday to attend an emergency domestic meeting, a senior Japanese finance ministry official said. The Japanese…
Japan, China, S.Korea pledge to resist protectionism
YOKOHAMA, Japan Finance leaders of Japan, China and South Korea agreed to resist all forms of protectionism in a trilateral meeting on Friday, taking a stronger stand than G20 major economies against the protectionist policies…
China’s New Jetliner, the Comac C919, Takes Flight for First Time
SHANGHAI — China’s commercial aerospace dreams took wing on Friday, as the first Chinese-built passenger jetliner completed its first public flight test, embodying the country’s ambitions to take on the industry champions, Boeing and Airbus.…
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