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Amazon to launch over 3,000 satellites to provide global internet service

Amazon plans to launch a constellation of low Earth orbit satellites to provide low-latency, high-speed broadband connectivity.
Source: Xinhua | 2019/4/6 10:11:01

Boeing to cut monthly production of 737 jets in wake of deadly air crashes

Boeing CEO Dennis Muilenburg said Friday that his company is planning to cut the monthly production of 737 airplanes beginning this month to divert more resources to work to bring 737 Max aircraft currently grounded worldwide back to sky.
Source: Xinhua | 2019/4/6 10:06:22

China's BYD successful model of U.S.-China cooperation

China's leading electric vehicle maker BYD held a ceremony on Wednesday to mark the completion of the 300th electric bus at its Lancaster manufacturing plant in the U.S. state of California.
Source: Xinhua | 2019/4/6 9:05:23

China's heavy construction machinery company aspires for vigorous growth in US market

For SANY America, the US subsidiary of China's heavy construction equipment manufacturer SANY Group, it sounds quite ambitious to grow from an 80-million to 1-billion-US-dollar company in five years in a market that is "particularly mature" for excavators.
Source: Xinhua | 2019/4/5 17:13:53

Ex-Nissan chief Ghosn suspected of channeling Nissan funds through Oman to himself

Former Nissan Motor Co. Chairman Carlos Ghosn is suspected by prosecutors of authorizing payments to a Nissan dealership in Oman, with reasons for the transfers of funds being created after the fact, sources close to the matter said Friday.
Source: Xinhua | 2019/4/5 17:08:05

Huawei launches new generation of smartphones in Kuwait

Chinese technology and smartphone giant Huawei launched on Thursday the HUAWEI P30 Series, a new generation of smartphones, to Kuwaiti consumers.
Source: Xinhua | 2019/4/5 15:46:12

Chinese firm signs contract for road improvement with Bangladesh

A state-owned Chinese company on Thursday signed an agreement for improvement of Elenga-Hatikamrul-Rangpur Road to a 4-Lane highway in Dhaka, Bangladesh.
Source: Xinhua | 2019/4/5 15:41:01

Boeing CEO admits bad data plays role in 737 MAX air crashes, saying "sorry" for loss of lives

Boeing CEO Dennis Muilenburg Thursday said the company was "sorry for the lives lost" in the two crashes involving its 737 MAX planes while acknowledging for the first time that bad data played a role in the accidents.
Source: Xinhua | 2019/4/5 14:45:32

Ant Financial CEO shares digital technology at ASEAN Finance Ministers' Retreat

Alipay is committed to working with ASEAN countries to leverage technology and innovation to boost economic growth and improve lives of more people, Ant Financial's CEO said here on Thursday while invited to share the company expertise with ASEAN finance ministers.
Source: Xinhua | 2019/4/5 10:41:35

China invited to review safety of Boeing 737 MAX: FAA

The U.S. Federal Aviation Administration (FAA) said Thursday it had invited China to take part in an international effort to review the safety of the Boeing 737 MAX aircraft.
Source: Xinhua | 2019/4/5 1:59:25

BMW, Microsoft announce introduction of Open Manufacturing Platform

German automaker BMW Group and Microsoft on Tuesday announced the introduction of their new community initiative, the Open Manufacturing Platform (OMP), to enable faster and more cost-effective innovations in the manufacturing industry.
Source: Xinhua | 2019/4/4 22:02:31

Ethiopian Airlines plans to add three more Chinese flight destinations

Ethiopia's national air carrier, Ethiopian Airlines (ET) plans to add three more Chinese flight destinations, an Ethiopian official said on Tuesday.
Source: Xinhua | 2019/4/4 21:03:03

China's Wuling cars witness growing popularity in Indonesia

Vehicles produced by Chinese joint venture carmaker SAIC-GM-Wuling Automobile (SGMW) has been gaining popularity since its first plant in Indonesia opened in 2017.
Source: Xinhua | 2019/4/4 20:40:52

Number of Chinese central SOEs rise as Anneng Construction Group joins in

China's family of centrally administered state-owned enterprises was extended on Thursday as it welcomed the China Anneng Construction Group into its ranks, the country's state-asset watchdog said on Thursday.
Source: Global Times | 2019/4/4 20:22:33

Ex-Nissan chief Ghosn rearrested in Tokyo less than a month after release

Tokyo prosecutors on Thursday arrested former Nissan Motor Co. Chairman Carlos Ghosn, less than a month after he was released on bail after serving more than 100 days in custody.
Source: Xinhua | 2019/4/4 13:42:35

More Chinese firms flocking into industrial hemp

Huaren Pharmaceutical, based in Qingdao, East China's Shandong Province, said Wednesday that it has teamed up with a biotechnology company in Southwest China's Yunnan Province to produce industrial cannabis in greenhouses, which could be the first such base in China for cannabis cultivation.
Source: Global Times | 2019/4/3 20:43:41

Gaming shares see big rally as China gives go-ahead to 30 imported online games

Gaming shares soared on Wednesday following the Chinese government's move to approve 30 imported online video games, the first batch of imported online games approved in more than one year.
Source: Global Times | 2019/4/3 20:43:41

Bilibili offering raises $824 million as Chinese tech companies tap market after IPOs

Chinese video platform Bilibili's convertible bond sale and follow-on share offering raised $824 million, three people with direct knowledge of the matter said Wednesday.
Source: Reuters | 2019/4/3 20:38:42