While alarming and fascinating in equal measure, these headlines conceal another tale — one of a country undergoing a breakneck expansion into the world of flying as its people take to the sky in ……
Monthly Archives For May 2019
Beijing building new airports as millions of Chinese take to skies
When China’s air industry hits the news, stories are typically centered on passengers going rogue, punching each other, trying to wrestle open emergency doors mid-takeoff or dangerously tossing coins … ( read original story …)
China says U.S. demand on its state-owned enterprises is ‘invasion’ on economic sovereignty
… of its state-owned enterprises (SOEs), a demand that China sees as an “invasion” on its economic sovereignty, Chinese state news agency Xinhua said on Saturday. Trade tensions between … ( read original story …)
Chinese regulators announce takeover of Baoshang Bank, cite credit risks
China’s financial regulators announced today China Construction Bank will take over business operations of Inner Mongolia-based Baoshang Bank, Reuters writes. The takeover will last a year. … ( read original story …)
US envoy calls for Beijing ‘dialogue’ with Dalai Lama
BEIJING: The US ambassador to China has called on Beijing to open a “substantive dialogue” with the Dalai Lama in remarks made this week during a rare visit to Tibet, his embassy said Saturday (May…
Analysis: The US won a trade war against Japan. But China is a whole new ball game
In an editorial last year, China’s Xinhua state news agency warned that “Japan was seriously hurt by its improper response” to the Plaza Accord and US trade pressure. It blamed the US for scapegoating ……
United States’ escalation of trade tensions ‘solves nothing’, China’s financial regulator says
In a written speech delivered by a deputy at the Tsinghua PBCSF Global Finance Forum in Beijing, Guo Shuqing spoke out against the criticism levelled by Washington on issues such as forced technology … (…
JD.com and Alibaba slug it out in blockchain space
Chinese e-commerce giant JD.com has applied for over 200 blockchain patents, according to a report by Securities Daily News. Its rival Alibaba Group has, meanwhile, applied for 262 patents in this … ( read original…
Beijing is committed to trade deal but also ready to retaliate, Chinese envoy says
Beijing is committed to striking a trade deal with the U.S. but it’s ready to respond with more countermeasures, said Chinese envoy Cui Tiankai, as he called the blacklisting of Huawei by the United ……
Finder’s crypto panel bullish on Bitcoin
As for why the price has surged this year, 80% of panellists said it was due to crypto-related announcements made at the recent Consensus event. The next most cited factors were the US-China trade ……
China Unicom Launches 5G Super SIM with Up to 128GB of Onboard Storage
The SIM cards we now use in our smartphones came with up to 256KB of storage. With such low storage, we can only store contacts and a few messages. However, the Chinese state-owned … (…
Trade War Escalation Won’t Solve Anything, China Regulator Says
(Bloomberg) — The U.S. escalation of trade tensions won’t solve any of its problems but will create volatility in global markets and hurt the world economy, China’s top financial regulator said … ( read original…
China’s top banking regulator says yuan bears will suffer ‘heavy losses’
BEIJING (Reuters) – China’s banking and insurance regulator on Saturday said it did not expect a persistent decline in the yuan and warned speculative short sellers they would suffer “heavy losses” if … ( read…
