Tuesday, April 30, 2024
HomeAsia Pacific

Asia Pacific

A Whopping $900B Debt – China’s Once-Profitable High-Speed Railways Now Heading Towards A Trillion Dollar Disaster

China's long-distance high-speed rail (HSR) is hailed as the fundamental tenet of its initiatives to recover the country's coronavirus-affected economy. The government's goal is...

Hypersonic Again! US Blacklisted Chinese Uni Breaks The Sound Barrier; Completes Test Flight Of Its Brand New Aircraft – Reports

China has been testing hypersonic technology at a breakneck speed for military and civilian use. With an ambition to produce an aircraft that travels...

Setback For India’s Tejas Program? Australia Rejects G2G Tejas-LIFT Trainer Deal Amid Stiff Contest From Boeing & Saab — Reports

Top Australian defense officials have reportedly informally communicated to India that Australia may not accept India's government-to-government (G2G) defense deal offer for the supply...

The First ‘Intelligent Factory’ For Offshore Gas & Oil Extraction Equipment Begins Operations In China

China's first intelligent factory for producing offshore gas and oil extraction equipment started its operations on June 26, marking a huge step forward in...

Thanks USA! China ‘Zooms Ahead’ As Artificial Intelligence Super Power; American Firms Fuel The Growth

China's Artificial Intelligence (AI) capabilities have advanced dramatically over the past decade, and the dragon is now poised to overtake its key competitors as...