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Top related persons:
Xi Jinping - 1 Ryan Woo - 1 Jacqueline Wong - 1
Top related locs:
BEIJING Yangjiang Guangdong Guangzhou Lijian Ceres Beijing Shandong
Top related orgs:
China - 1 Co - 1 Geely Holding - 1 CAS Space - 1 Chinese Academy of Sciences - 1 Galactic Energy - 1

Search resuls for: "Yangjiang"


5 mentions found


☆ China Launches Powerful Jielong-3 Rocket, Paves Way for More Commercial Missions
  + stars: | 2024-02-03 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +3 min
BEIJING (Reuters) - A small but powerful Chinese rocket capable of sending payloads at competitive costs delivered nine satellites into orbit on Saturday, Chinese state media reported, in what is gearing up to be another busy year for Chinese commercial launches. It was the third launch of the rocket, developed by China Rocket Co, a commercial offshoot of a state-owned launch vehicle manufacturer, since December 2022. The cost is similar to the launches of other Chinese small-lift rockets including the Long March 11, but their payload sizes are significantly smaller. Other commercial companies in the Chinese vehicle launch sector includes Galactic Energy, whose Ceres-1 rocket made its debut flight in November 2020. Ceres-1 is capable of delivering a 300 kg payload to a 500 km sun-synchronous orbit.
Persons: Xi Jinping, Ryan Woo, Jacqueline Wong Organizations: China, Co, Geely Holding, CAS Space, Chinese Academy of Sciences, Galactic Energy Locations: BEIJING, Yangjiang, Guangdong, Guangzhou, Lijian, Ceres, Beijing, Shandong
☆ Malaysia prime minister says Petronas project in South China Sea is in Malaysian territory
  + stars: | 2023-04-04 | by ( ) www.cnbc.com   time to read: +1 min
Aerial view of fishing boats setting sail to South China Sea for fishing on August 16, 2022 in Yangjiang, Guangdong Province of China. Malaysia Prime Minister Anwar Ibrahim on Tuesday said he had told China that an exploration project by state energy firm Petronas in the South China Sea was within Malaysian waters, in a reference to an overlapping claim in the area by Beijing. China was worried that "Petronas has carried out a major activity at an area that is also claimed by China," Anwar said in response to a parliamentary question about his discussions on the South China Sea during his visit to China last week. "I stressed ... that Malaysia sees the area as Malaysian territory therefore Petronas will continue its exploration activities there," Anwar said, without specifying an offshore project or a location. But if China feels this is their right, Malaysia is open for negotiations, Anwar said, reiterating comments made earlier this week.
☆ China's cities are struggling to pay their bills from three years of Covid and a real estate crash
  + stars: | 2023-01-31 | by ( Laura He | ) edition.cnn.com   time to read: +9 min
Rolling lockdowns seriously dented household incomes, leading many to reduce spending, which in turn resulted in less tax revenue for local governments. “China’s runaway local debt poses a serious threat to the country’s overall economic health and will weigh heavily on China’s still-nascent recovery,” said Singleton. Debt that is backed by local governments but which doesn’t show up on their balance sheets could be much bigger. That’s more than 20% higher than the estimate of 53 trillion yuan made by Goldman Sachs in 2021. Their debt squeeze could pose a serious threat to China’s financial system, particularly to small regional banks.
☆ Five countries, other than China, most dependent on the South China Sea
  + stars: | 2022-11-18 | by ( Sean M. Holt | ) www.cnbc.com   time to read: +11 min
Territorially, there are seven claimants to the South China Sea: China, Brunei, Indonesia, Malaysia, the Philippines, Taiwan and Vietnam. Analysts name the top five countries, other than China, that are most dependent on the South China Sea. Aerial view of fishing boats setting sail to South China Sea for fishing on August 16, 2022 in Yangjiang, Guangdong Province of China. "Although they claim more than half of the South China Sea, China has pushed claimant states such as Vietnam out of traditional fishing waters and more into the South China Sea, causing excessive overfishing." South KoreaSouth Korea is "intentionally quiet about the South China Sea" as it wants to "maintain favor with China," Graham said, citing Seoul's primary focus on the North Korean issue.
☆ China is using civilian ships to enhance navy capability and reach
  + stars: | 2022-09-26 | by ( ) www.cnbc.com   time to read: +8 min
Aerial view of fishing boats setting sail to South China Sea for fishing on August 16, 2022 in Yangjiang, Guangdong Province of China. Hundreds of fishing boats anchored for months at a time among disputed islands in the South China Sea. The civilian vessels do more than just augment the raw numbers of ships, performing tasks that would be difficult for the military to carry out. "Because they are ostensibly civilian fishing vessels, navies' ships are unable to deal with them lest China accuse the Philippines of provoking an incident and using force against civilians," he said. In the event of a conflict, China's use of civilian vessels would complicate the rules of engagement, he said.
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