Long-term Benefits for China and the World Economy
Shanghai– After almost two years of trade tensions and negotiations, the US and China have finally signed on the Phase One trade agreement. A key US demand is that China will increase imports from the US by at least USD … Continue reading Long-term Benefits for China and the World Economy
Norway: EHang 216 Obtained Operational Flight Permit
Guangzhou/Oslo – EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (AAV) technology platform company, today announced that the company obtained operational flight permit for its two-seater passenger-grade AAV, the EHang 216, from the Civil Aviation Authority of Norway (CAA … Continue reading Norway: EHang 216 Obtained Operational Flight Permit
Virus: China urges overseas Chinese to postpone travel plans
BEIJING – Chinese authorities asked overseas Chinese to reconsider or minimize their travel plans as the corona virus epidemic spreads across the world and prompts an uptick of imported cases arriving in the country. Travelers from countries with severe coronavirus … Continue reading Virus: China urges overseas Chinese to postpone travel plans
CHINA THANKS EUROPEAN CHAMBER FOR CONTRIBUTIONS DURING COVID-19
Beijing – On the afternoon of 28th February, Mr Wang Shouwen, vice minister (VM) of Commerce of the People’s Republic of China (PRC) and deputy China International Trade Representative, held a conference call with Jörg Wuttke, president of the European Union … Continue reading CHINA THANKS EUROPEAN CHAMBER FOR CONTRIBUTIONS DURING COVID-19
BYTON Sales and Charging Solutions in Europe
Munich – Prior to the Geneva Motor Show, BYTON the manufacturer of intelligent electric cars announces more details about the upcoming market launch of the BYTON M-Byte in Europe, including the site of its first flagship store. In addition to … Continue reading BYTON Sales and Charging Solutions in Europe
China and Japan agree to fight corona virus
TOKYO – Japan and China agreed to work together on Friday to battle the coronavirus outbreak in bilateral cooperation helping offset historic frictions over a maritime territorial dispute. The flu-like disease, which originated in China’s central city of Wuhan, has … Continue reading China and Japan agree to fight corona virus
Corona Virus: Chinese manufacturing hits record low
London – Factory activity in China fell at a record rate in February, as manufacturers closed their operations to contain the spread of coronavirus. The country’s official measure of manufacturing activity – the Purchasing Manager’s Index (PMI) – dropped to … Continue reading Corona Virus: Chinese manufacturing hits record low
South Korean concerned about the spread of the virus
SEOUL – Police manned checkpoints in quarantined towns, guests were confined to their rooms in a hotel in the Canary Islands, governments issued travel warnings and more flights were suspended Tuesday as officials desperately sought to stop the seemingly inevitable … Continue reading South Korean concerned about the spread of the virus
China Eastern to operate Chinese-made jets
BEIJING – China Eastern Airlines Corp Ltd launched on Wednesday a fresh subsidiary – OTT Airlines – to push home-grown aircraft to wider markets, the carrier said on its official account on Chinese social media platform Weibo. The Shanghai-based airline … Continue reading China Eastern to operate Chinese-made jets
Chinese Airline Industry Could Take Years to Recover
Alexandria/USA – Passenger traffic at China’s airports will fall by 30% this year due to the COVID-19 coronavirus, according to an analysis by the Colorado-based commercial aviation consulting firm Boyd Group International. The crashing demand, the Boyd Group says, will … Continue reading Chinese Airline Industry Could Take Years to Recover