Price of air-travel to plummet as passenger numbers grow: Australian expert

CANBERRA, July 2 (Xinhua) — The cost of air travel will continue to plummet as passenger numbers grow, an Australian expert has forecast on Sunday. Lyell Strambi, Chief Executive Officer (CEO) of the Melbourne Airport, said airport investment in infrastructure such as automated terminals was pushing down the cost for airlines. “If you look at […]

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Chinese company signs deal to build Bangladesh’s dual-gauge railway line

DHAKA, June 22 (NsNewsWire) — A leading Chinese company has signed an agreement to lay a dual-gauge track on the capital Dhaka-adjacent Narayanganj district route to increase Bangladesh Railway’s capacity nearly fourfold, reports Xinhua. Power Construction Corporation of China Limited signed the construction contract with the Bangladeshi government on Monday in the capital Dhaka. Commercial […]

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Orders for China’s C919 jumbo jet reach 600

SHANGHAI, June 14 (NsNewsWire) — Orders for China’s first homegrown large passenger jet, the C919, reached 600 aircraft on Tuesday as a new customer signed to book 30 of the jets. The China Everbright Financial Leasing Co. Ltd. on Tuesday placed the order with the Commercial Aircraft Corporation of China (COMAC), the Shanghai-based manufacturer of […]

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Freight train route links Vietnam, southwest China

KUNMING, June 13 (Xinhua) — A cargo train heading for Vietnam left Kunming, capital of southwest China’s Yunnan Province Monday afternoon, an opening of a new route. The train will travel 854 kilometers in four to six days to the port city of Hai Phong, carrying mainly ore and raw materials for the chemical industry […]

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China launches record-breaking drone swarm

BEIJING, June 11 (Xinhua) — China has launched a swarm of 119 fixed-wing unmanned aerial vehicles (UAV), breaking the previous record of a swarm of 67 drones, according to the China Electronics Technology Group Corporation (CETC). The 119 drones performed catapult-assisted take-offs and formations in the sky. According to the CETC, “swarm intelligence” is regarded […]

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Weibo launches online video editing program

BEIJING, June 10 (Xinhua) — Social media giant Weibo rolled out an online video editing program Friday. Jian.weibo.com is a partnership with video platform miaopai.com and video subtitle and translation service provider easub.com. It features video editing tools and release channels. It is currently only available to media organizations and video production companies, according to […]

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ECB revises upwards 2017-2019 euro area economic growth forecast

TALLINN, June 8 (Xinhua) — The euro area economic growth forecast was revised upwards and the risks surrounding the growth outlook are considered to be broadly balanced, the European Central Bank (ECB) president said here on Thursday. “These projections foresee annual real GDP increasing by 1.9 percent in 2017, by 1.8 percent in 2018 and […]

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Malaysia sees more tourist arrivals from China

KUALA LUMPUR, June 8 (Xinhua) — The total Chinese tourist arrivals in Malaysia increased by 7.5 percent year-on-year to 551,000 in the first quarter, and the momentum may continue to pick up following some encouraging measures by China and Malaysia, Maybank Investment Bank research said in a report Thursday. “The number accounted for only 18 […]

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