Numerous aviation authorities and countries moved to ground Boeing 737 MAX planes on Tuesday, following Sunday’s fatal plane crash in Ethiopia.   Turkey and Holland were the latest to join other countries in introducing temporary suspen sions for the aircraft, after Germany, Iceland, France and the UK took similar measures in quick succession.   Earlier on Tuesday, aviation authorities in Singapore, Australia, Malaysia and Oman suspended Boeing 737 MAX services after Sunday’s MAX 8 flight fr om Addis Ababa to Nairobi reported technical problems a nd asked for permission to turn back, before crashing into a field six minutes after ta keoff, killing all 157 people onRead More →

  f their aircraft, Boeing said they have “full confidence” in the safety of the 737 MAX, in a statement tweeted from their official account on Tuesday.   Boeing said they “understand” the decisions made by customers, but reiterated that “safety” remains their “number one” priority.   ”The United States Federal Aviation Administration is not mandating any further action at this ti me, and based on the information currently available, we do not have any basis to issue new guidance to operators,” the statement also said.hile there is no evidence of a link between the incidents in Ethiopia and Indonesia, similarities between the tw o have prompted someRead More →

hina’s market regulator said on Monday that the government will promote stricter regulation and supervision over online comm erce, amid public concerns about false advertising, fake imported goods and monopolistic practices. E-commerce platforms also have to take key responsibilities for promoting credibility and in tegrity, Zhang Mao, minister of State Administration of Market Regulation, said at a news conf erence on the sidelines of the ongoing two sessions, urging them to strengthen internal controls. Zhang stressed that the administration will set the same standard for online and offline sh opping and increase the penalties of selling fake goods for a better development of e-commerce. sameRead More →

hina will substantially increase the cost for breaking the law in the crackdown on intellectual property right i nfringements and counterfeits, Zhang Mao, head of the State Administration for Market Regulation, said on Monday. “We will make the manufacturers and sellers of fake products pay the price until bankruptcy,” he said. They will also be exposed to the public and “have no place to hide under the sunshine,” Zhang said. At the same time, the country will push for the self-discipline of companies and nurture a social credit system, he said. Through the efforts, the administration aims to gradually reduce the number of fake productsRead More →

lt of stricter capital controls and regulations from the mainland. The Chinese govern ment implemented the controls to better “regulate and manage outbound investment flows,” David Bit ner, Cushman & Wakefield’s head of capital market research, said in an interview Thursday. “I think Chinese investments are generally refocusing their interests into other types of i nvestments, such as infrastructure (and) R&D (research-and-development) facilities. However, when it com es to commercial real estate, I think the interest will remain as opportunities arise,” Selma Hepp, vice-president of b usiness intelligence at real estate brokerage Pacific Union International Inc, wrote in an email. Bitner also expects Chinese investmentRead More →

ind out what happens to the girl who eats too many bananas… It sounds like the tagline to a cheesy B- movie. But with the incredible worldwide popularity of bananas – they are grown in 107 cou ntries and represent the fourth most valuable crop globally – it’s smart to take a deeper look at their nutritional make-up. And since there can be too much of any good thing, stick with us to the end to find out just how many bananas are too many. China will continue to propose laws and regulations to further guide and manage research ethics and academic integrity, Minister ofRead More →

  second-deadliest and second-largest in history, topped only by one in West Africa in 2014, when the disease killed more than 11,000 people, according to the WHO.   Last week, the WHO put the number of Ebola cases in DRC at 913 — with 848 cases confirmed and 65 probable. It said 574 people had died.   Ebola first appeared in 1976 and is one of the world’s most virulent diseases.   It is transmitted through direct contact with blood or other bodily fluids of infect ed people, causing fever, severe headaches and in some cases hemorrhaging.   UK Prime Minister Theresa May is braced for what could be herRead More →

sic NBA games will be offered to nearly 700 million consumers acr oss Alibaba’s platforms, including leading B2C marketplace Tmall, social commerce des tination Taobao, video-streaming platform Youku and browser and content platform UC. The original programming will cover a wide range of popular basketball and cultural topics, including game predi ctions, fashion, sneakers, and memorabilia. The content will be available throughout the regular season, NBA All-Star, the NBA Playoffs and The Finals, bringing the latest NBA trends and news through various interactive fo rmats, such as short videos and livestreaming by celebrities and influencers. The NBA and Alibaba will also provide business partners withRead More →

More than 40 years ago China and the United States engaged in “ping pong diplomacy”, ea sing the tensions between the two countries ever since the founding of New China in 1949. With the People’s Republic of China retaining its rightful seat in the Un ited Nations Security Council in 1971 and its international status continuously imp roving, it had become apparent that the US policy to contain New China would be fruitless. The US, on the other hand, was mired in the Vietnam War, which was sapping its national po wer. So the US administration realized it should establish friendly relations with China inRead More →

relations have not only become more interdependent but also changed qualitat ively. To start with, China today exports an increasing volume of high-quality goods to the US. Considered as the “wo rld’s factory” and a country with a very high savings rate, China has built huge foreign exchange reserves and greatl y improved its trade environment. And thanks mainly to China’s manufacturing prowess, Sino-US trade has ri sen from $2.5 billion in 1979 to $633.52 billion in 2018, an increase of 253.4 times which is unprecedented in history. Sino-US trade and economic relations have not been beneficial to Beijing alone, as inexpensive but quality ChineseRead More →