Category: Feature
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High-speed trains trigger boom in poops at China’s railway stations
Are high speed trains resulting in a boom in poops at railway stations in China? It sounds bizarre and sheer absurd and may shock those who do not tire of singing paeans of China, particularly its technological advancement. However, according to Railway Standard Design, a prestigious journal of the China State Railway Group Corp, human…
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Sci-tech workers assist farmers in agricultural production in central China
In a vegetable greenhouse, farmer Zhang Xueyun is busy preparing for the pollination of honeydew melons, whose bumper harvest is expected in two months, as per usual. The greenhouse is located in a village of Lankao County, central China’s Henan Province, and covers an area of six mu (0.4 hectares). It was taken over by…
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Evergrande to buy property projects off its EV unit to sweeten US$19 billion debt restructuring plan
Embattled China Evergrande Group will take over residential and property projects of its new energy vehicle (NEV) unit for just 2 yuan (US$0.29) as it seeks to make the carmaker attractive to offshore creditors days before a deadline to accept a restructuring of its US$19 billion offshore debt. The group’s car making arm, China Evergrande…
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China’s NEV purchase tax exemption up 36 pct in Q1
China’s vehicle purchase tax exemption for new-energy vehicles (NEVs) went up 36 percent year on year in the first quarter of 2023, amid the country’s continuous efforts to promote automobile consumption and advance green development, official data shows. A total of 21.24 billion yuan (about 3.09 billion U.S. dollars) of tax was waived off in…
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China’s attempts to advance global growth are represented by Xi’s idea of a society with a common destiny.
A Hungarian expert has said that Chinese President Xi Jinping’s concept of a human society with a common destiny embodies China’s alluring approach to global growth. Levente Horvath, head of the Eurasia Center at the John von Neumann University in Hungary, shared with Xinhua his emotions when he first heard Xi propose the idea, saying…
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China constructs a gargantuan fuel reservoir for an enormous future launch
The innovation represents a step forward in the construction of the Long March 9 missile. China has created a fuel cylinder that is 33 feet broad (10 meters) in an effort to create an extremely heavy-lift launch vehicle. On March 2, the China Academy of Launch Vehicle Technology (CALT) revealed that it had produced the…
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Startups are China’s future, according to Xi, but VCs are still wary of them.
The technology sector in China has recently had a lot to be happy about. The majority of the Covid Zero limitations are now behind us, new video game releases are once again getting authorized (important for Tencent Holdings Ltd. and NetEase Inc.), and Didi Global Inc.’s ride-hailing service has returned to Chinese app stores. President…
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Philippines expresses concern over reclamation activities by China in Spratlys
The South China Sea (SCS) is crucial to the Belt and Road Initiative (BRI) – the dream project of Chinese President Xi Jinping – but ongoing disputes in the SCS have only complicated the matter. China, in pursuit of its hegemonic policy in South East Asia, wants to take control of the SCS because it…
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Behind the label: how the US stitched up the Honduras garment industry
‘It’s like a little Puerto Rico – we’re basically run by the US,” said Allan, as we drove around San Pedro Sula, the second largest city in Honduras and the country’s largest manufacturing centre one day. “Here there is more ‘freedom’,” he added, doing air quotes. Allan had spent most of his adult life working…
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As China’s economy slows, policymakers seek to revive growth
C HINA HAS not enjoyed much success at the sport of curling, which will feature in the Beijing winter Olympics beginning on February 4th. But the country’s economic policymakers could draw inspiration from the obscure event. Like curlers, they have a difficult target to hit. They are thought to be aiming for growth of 5%…