China’s P2P Platform Failures Surge as Panic Spreads in Market – Bloomberg


Bloomberg

China's P2P Platform Failures Surge as Panic Spreads in Market
Bloomberg
There's been renewed pressure in recent months after China's credit markets tightened and the regulator warned savers that they should be prepared to lose all their money in high-yield products. China's P2P platforms have about 50 million registered

Read the original article...

Posted in Uncategorized

China Sits on the World’s Biggest Shale Gas Prize. Pumping It Out Is the Hard Part – Bloomberg


Bloomberg

China Sits on the World's Biggest Shale Gas Prize. Pumping It Out Is the Hard Part
Bloomberg
Guo Xusheng, a stout and affable chief geologist at a unit of China Petroleum & Chemical Corp., persuaded his bosses in 2009 to give him about $3 million to drill deeper than anyone had before in southwestern China. For Sinopec, as the company is known

and more »

Read the original article...

Posted in Uncategorized

China’s super-sized space plans may involve help from Russia – Popular Science


Popular Science

China's super-sized space plans may involve help from Russia
Popular Science
With this size and lift, China's Academy of Launch Vehicle Technology (CALT) Chief Designer Long Lehao announced that the Long March 9 will be capable of lifting 140 metric tons to low Earth orbit (LEO), 50 tons to Earth-Moon transfer orbit, and 44

Read the original article...

Posted in Uncategorized