German car manufacturers in China: fight for market share
SHANGHAI – The once thriving relationship between German car manufacturers and the Chinese market is showing cracks. For decades, China was synonymous with growth and success for brands like Volkswagen, Audi, BMW, and Daimler-Benz. But times are changing. Volkswagen, once … Continue reading German car manufacturers in China: fight for market share
China-Bound Flights decreased by over 60 percent
NEW YORK – In the wake of the global pandemic and geopolitical tensions, the aviation industry has faced unprecedented challenges. Among the most significant shifts has been the dramatic reduction in flights to China, once a burgeoning market for Western … Continue reading China-Bound Flights decreased by over 60 percent
Nezha-SeaDart: The Future of Amphibious Vehicles
SHANGHAI – Shanghai Jiao Tong University (SJTU) has made a groundbreaking leap in amphibious vehicle technology with the introduction of the Nezha-SeaDart, a versatile drone that redefines the boundaries between air and water. Named after the swift and powerful deity … Continue reading Nezha-SeaDart: The Future of Amphibious Vehicles
Global Markets in Turmoil: Effects on Asian economy
TOKYO/WASHINGTON – The global financial landscape has been rocked by a series of unexpected events that have sent shockwaves through stock markets around the world. The United States, long considered a bastion of economic stability, is now grappling with the … Continue reading Global Markets in Turmoil: Effects on Asian economy
Mitsubishi Motors to join Honda-Nissan alliance
TOKYO – Japan’s Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper reports. Mitsubishi Motors, which is 34% … Continue reading Mitsubishi Motors to join Honda-Nissan alliance