Reuters news agency reported. Japan’s defence ministry said it spotted the Liaoning as part of a fleet of eight Chinese warships that included destroyers and frigates, in the central part of the East China Sea.…
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China successfully tests EmDrive technology
China has successfully tested the potentially revolutionary spacecraft technology EMDrive in its labs, Dr. Chen Yue, the Director of Commercial Satellite Technology for the China Academy of Space Technology (CAST), announced. While traditional spacecraft ……
'China could overtake US air superiority using hacked American technology'
The technology that went into China’s new J-20 jet fighter was stolen and diverted from export licenses the Commerce Department issued over a decade ago despite Defense Department objections, former Pentagon official Michael Maloof told…
China needs to regulate 'money gates' but guard against financial stress: state media
BEIJING (Reuters) – China needs to keep financial market liquidity stable and regulate its “money gates” to prevent asset bubbles, but it also needs to ensure a lack of liquidity doesn’t cause financial stress, according…
China's 1st Aircraft Carrier Heads for Western Pacific
China’s first aircraft carrier has set off for the Western Pacific for an open-sea training exercise, the Defense Ministry said. State media said it is the first time that the Liaoning, which was commissioned by…
Beijing to take more steps to cool residential property market: Xinhua
BEIJING Beijing, one of China’s hottest residential real estate markets, will step up property controls to keep home prices stable next year, the official Xinhua news agency reported on Sunday. Stoked by speculators, home prices…
The Cancer In The China Banking System Will Metastasize Globally
What is the problem and how big can it be? The size of nonperforming loans relative to capital is many times worse than the U.S. banking problem in 2008. There is only one solution that…
China's money rates decline as liquidity pressure eases
SHANGHAI, Dec 23 China’s primary money rates, which rose at the start of this week, were largely lower on Friday as liquidity tightness eased after fund injections by the central bank and progress resolving a…
‘Made in China’ label no longer cheap and nasty
Meanwhile, China’s booming middle class is demanding quality and sophistication, and that could mean a $140 billion payday for the Australian economy, experts predict. Rich Chinese are now the target customer for any Aussie business,…
China’s Fluctuating Mobile Market And Future Trends
China’s mobile market is by a comfortable margin the largest in the world, with over 1.3 billion monthly mobile subscribers across the three carriers. It is understandable then that short term trends and fashions can…
Deutsche Bank to pay $7.2b to settle US probe
Deutsche Bank AG said it has reached a $7.2 billion agreement to resolve a years-long US investigation into its dealings in mortgage-backed securities, removing a legal hurdle that fueled investor angst. Deutsche Bank will pay…
China Central Bank Extends Emergency Loans to Financial Firms
China’s central bank extended hundreds of billions of yuan in emergency loans to financial firms on Friday and ordered some of the country’s biggest lenders to extend credit as well, as it moved to ease…
Global green bond market tipped to reach US$100bn in 2017, with China seen maintaining its lead
“China has grown from almost no issuance two years ago to the world’s largest green bond issuer this year,” Laurent Morel, Asia Pacific head of debt capital markets at French bank Societe Generale, told the…
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