A few months later from the beginning of the unexpected devaluation of the yuan started to show resistance. Because of this, speculators who bet on a further decline for the currency, resulting in losses. Not paying off during expired options, which would have brought profit to their holders, if the …
Read More »The Chinese built a huge Hornet-transformer in her yard
In the Chinese province of Gansu farmer with his hands gathered a huge model of one of the characters of the epic “transformers” — Bumblebee or Hornet. The man placed the statue, weighing up to two tons, in the courtyard of his house, reports the South China Morning Post. Transformer …
Read More »In the Chinese city of Shenzhen will start to follow the cars
The authorities of China launched in Shenzhen the program for tracking the road in real time, reports Reuters. In the pilot phase of the project involved 200 thousand vehicles — specifically, trucks with hazardous goods and school buses, are equipped with RFID chips. Their movement captures fixed traffic equipment. In …
Read More »Escape from China: what are the problems of the Chinese economy
A combination of factors, including slower economic growth and a gradual easing of restrictions on investments abroad, led to a rapid outflow of capital From the beginning of 2016 over global markets like a sword of Damocles hangs the prospect of a substantial devaluation of the yuan. There is little …
Read More »Dog fighting in Chinese
Why in the PRC to protect the rights of animals easier than people’s rights In China the activities of NGOs are strictly regulated. However, there are dozens of human rights organizations. However, they are fighting for the rights of the person and animals. And it meets the warm approval of …
Read More »A Chinese businessman has made the largest order in the history of Rolls-Royce
CEO of the British company Rolls-Royce Motor Cars Torsten müller-ötvös handed over the keys to the first car out of 30 cars Phantom ordered by a Chinese businessman Stephen Hoon (Stephen Hung). It is the largest order in the history of the brand. The ceremony was held on Tuesday, March …
Read More »The U.S. threatened sanctions Chinese ZTE for working with Iran
The U.S. Department of Commerce (U.S. Commerce Department) plans to impose restrictions on Chinese company ZTE allegedly violating the embargo with Iran. The relevant document is at the disposal of Reuters. These restrictions will impede the company’s purchase of ZTE products of American manufacture. American suppliers ZTE will have to …
Read More »The Chinese government has predicted economic growth in 2016
China’s economy in 2016 is expected to grow by 6.5-7 per cent. As reported Reuters, said on Saturday, March 5, at the annual session of vsekitajsky meeting of national representatives, the Prime Minister of China Li Keqiang. GDP growth in the XIII five year plan (2016-2020) should be below 6.5 …
Read More »How real is the project of the Chinese stealth bomber H-10?
A lover of Chinese military Affairs recently published image project stealth strategic bomber H-10 and accompanied by their brief descriptions: a bomber can make a supersonic cruising flight speed, has air intake S-shaped engines with afterburners, and are equipped with steerable vertical thrust vector. Share Share Share Share Share …
Read More »Chinese banks have frozen the accounts of North Koreans
Several Chinese banks, including a branch of the country’s largest Industrial and commercial Bank of China (ICBC), has frozen the accounts belonging to the North Koreans. On that Sunday, February 22, according to Reuters. As noted Rambler News Service, a staff member of the office of ICBC in the city …
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