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Roland Garros courts future with roof and renovations

[ 2017-05-27 ]
...e other three slams in terms of covered courts - the Australian Open has a roof over three courts, the US Open will have a second roof by 2018 and Wimbledon will add a second one by 2019. The French Open has none, which has had an adverse effect on revenue from television rights...

More China-made robot parts planned

[ 2017-05-26 ]
...greater accuracy. The company is building a factory that will have an annual output capacity of 60,000 units when completed by the end of 2018. Nantong Zhenkang Machinery Co, another maker of cycloidal speed reducers, is working on production lines that can make 50,000 units a y...

10-year visa is proposed for Chinese visitors to Europe

[ 2017-05-26 ]
...eading organizers of the China-EU Year of Tourism activities. The yearlong event will be kicked off in Venice, Italy, at the beginning of 2018. "We are seeking partnership with organizations and businesses to inject new energy into this bilateral initiative to boost people-to-pe...

Asia to remain 'champion of growth'

[ 2017-05-26 ]
...ent data point to a pickup in momentum. Growth of the Asia-Pacific region is projected to reach 5.5 percent this year and 5.4 percent in 2018, while in 2016 it was 5.3 percent, thanks to continued policy support in China and Japan, which in turn benefits other economies in the r...

Kenya launches Chinese-built fast train

[ 2017-05-26 ]
... shipped. Phase III Beginning of 2017: Integration test and commission started. June 1, 2017: Trial operation of SGR Project. January 2018: Officially opened to traffic.   The Mazeras Super Bridge passes through land in Kenya where communities live and also wher...

Hopes high as key roadway improved

[ 2017-05-26 ]
...ally started on March 8 this year. The 5.3 billion Kenyan shilling (about $53 million) project is scheduled to be completed by the end of 2018.   Concrete blocks are made to help stop landslides along the new road. Photos by Liu Hongjie / China Daily Currently, the...

Asian economy prepares for choppy seas

[ 2017-05-26 ]
...the national accounts this year. In India, growth is projected to rebound to 7.2 percent in the fiscal year 2017-18 and to 7.7 percent in 2018-19. In the Republic of Korea, growth is expected to remain subdued at 2.7 percent this year, owing to geopolitical uncertainty, and incre...

China says measures on sugar imports help maintain trade order

[ 2017-05-26 ]
...year duty on out-of-quota sugar imports to protect the domestic industry. The duty will be set at 45 percent from May 22, 2017 to May 21, 2018, and be reduced to 40 percent and then 35 percent in each subsequent year. The duties do not cover imports within the quota of 1.95 mill...

Boeing welcomes competitors, projects trillion-dollar threshold for China's aviation market

[ 2017-05-26 ]
...mpletion center arrived in the eastern city of Zhoushan; it is scheduled to make the first delivery of Boeing 737MAX to Chinese buyers in 2018. Bruns disclosed that Boeing contributes over $1 billion to the Chinese economy annually. Nine thousand in-service Boeing planes contain ...

Huaxintong to start shipping China-customized server chips in 2018

[ 2017-05-26 ]
... Co, a joint venture between Qualcomm Inc and the Guizhou provincial government, plans to start shipping China-customized server chips in 2018, a senior company executive said. Earlier this year, Qualcomm and the Guizhou government poured another 1 billion yuan ($144 million) i...

Henan to get major gas facility

[ 2017-05-25 ]
...ring peak demand China's largest natural gas storage and logistics center is expected to start operation in Henan province by the end of 2018, as the country pushes on with a drive to ease the gas shortage during peak times, according to China Petrochemical Corp on Wednesday. In...

Li urges action on urban housing

[ 2017-05-25 ]
...heir new lives as early as possible," he said. A follow-up plan will be made to grant stronger support for the redevelopment program from 2018 to 2020, the last step in building new homes for about 100 million people who used to live in shantytowns and urban villas. "China's indu...

Beijing rebuts credit rating downgrade

[ 2017-05-25 ]
...ring a systemic debt crisis, it said. Moody's said China's direct government debt burden could rise gradually toward 40 percent of GDP by 2018 and closer to 45 percent by decade's end. "That is too pessimistic," said Huo Zhihui, deputy director of rating technology at China Bond ...

China says Moody's downgrade overestimates difficulties

[ 2017-05-25 ]
...egate demand." In its response to Moody's estimation that the Chinese government's debt burden would increase toward 40 percent of GDP by 2018 and 45 percent by the end of the decade, the ministry said that the debt risk index for 2018 to 2020 is expected to have no big differenc...

Mediterranean to strengthen its appeal for Chinese tourists: Maltese Minister

[ 2017-05-25 ]
...s World Tourism Organization. He added that it was significant this was taking place within the context of the EU-China Tourism year for 2018. During this event the participants discussed the potential offered by the rapidly developing Chinese outbound tourism market, and what ...

Experts say Moody's downgrading of China's credit rating shows miscalculations

[ 2017-05-25 ]
...nomy-wide debt. Moody's expected Chinese government's direct debt burden to rise to 40 percent of its gross domestic production (GDP) in 2018 and edge closer to 45 percent in 2020. The above assertion, however, failed to recognize China's 36.7-percent increase in government deb...

Beijing rebuts credit rating downgrade

[ 2017-05-25 ]
...ring a systemic debt crisis, it said. Moody's said China's direct government debt burden could rise gradually toward 40 percent of GDP by 2018 and closer to 45 percent by decade's end. "That is too pessimistic," said Huo Zhihui, deputy director of rating technology at China Bond ...

Beidou promoted for use in Arab states

[ 2017-05-25 ]
...aid at the forum that the Beidou system will be able to provide positioning and navigation services to Arab states starting at the end of 2018. He said China has maintained regular contact since 2014 with Arab nations such as Saudi Arabia, Egypt and Algeria, as well as with regio...

Beidou promoted for use in Arab states

[ 2017-05-25 ]
...aid at the forum that the Beidou system will be able to provide positioning and navigation services to Arab states starting at the end of 2018. He said China has maintained regular contact since 2014 with Arab nations such as Saudi Arabia, Egypt and Algeria, as well as with regio...

China to accelerate shantytown redevelopment

[ 2017-05-25 ]
... plan will be made to grant stronger support in fund, financing and adequate supply of land for the shantytown redevelopment program from 2018 to 2020, the last step to build new homes for about 100 million people who used to live in shantytowns and urban villages. Shantytown re...
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