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BREAKING AIRBUS AND BOEING DUOPOLY

I remember when I was a little kid, my mom taught me when we were inside the airplane that there were only 2 aircraft manufacturers: Boeing from the US and Airbus from Europe; and she preferred Airbus as she felt that Airbus's aircraft was more spacious than Boeing (oh, dearest mommy *hug*).   Speaking of which, some countries, mentioning 2 "Big Giants", Russia and China, want to break that duopoly market. Russia with its state-owned United Aircraft Corporation (UAC) confident to laun...

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BOEING ENTERS CHINA

Welcome to China, Boeing!   Finally, this American based aircraft maker going to China. This will be Boeing's first overseas airliner assembly plant in China. Based on its business deal, Boeing also will sell 300 new aircrafts to three Chinese companies.     Yet, Boeing has not issued a statement. Nor has the International Association of Machinists and Aerospace Workers, the union that represents more than 33,000 workers at the company’s longtime manufacturing ba...

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TEXTILE TECH TO PRODUCE KONJAC NOODLE

The first time you read the title, what do you think of it? Weird? Innovative? Creative? Interesting? Well, at least those thinkings popped up on my mind! In Japan, hundred years ago, Omikenshi Co. innovated this creative idea using the cloth-making technology to turn trees into healthy noodle. It was started because of the tightening competition for the textiles at that time in Japan. Let's read the full story!   Rayon (a fiber made from tree pulp) is the best selling product of Omikens...

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CHINA’S GAS EMISSIONS

To get a sense of how hard it is to measure greenhouse gas emissions in China, it pays to visit the Deqingyuan poultry farm on the outskirts of Beijing, where streams of chicken manure are piped from wooden sheds to an industrial gas digester that rises above the ground like a tethered balloon.   Turning waste into kilowatts qualifies Deqingyuan for valuable carbon credits under a UN-backed scheme known as the Clean Development Mechanism. The digester turns all that chicken slurry into na...

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11 MOST POWERFUL CHINESE STARTUPS

I would say, it's not only powerful, but also valuable! Check out the countdown below...           11. MoGuJie (蘑菇街) Valued at: $1 billion Total funding: $200 million MoGuJie is the Pinterest's Chinese version, Mogujie lets women create photo collages, but it's figured out how to turn those dreams into actual money for merchants. The WSJ reported in March that the site was looking to raise another $300 million at a $2 billion valuation, so it's still clim...

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LATIN AMERICA LONG TERM GROWTH

Growth in Latin America and the Caribbean countries has weakened very significantly over the last few years. If we go back to the “golden decade” from 2003 to 2011, when rising commodity prices empowered a strong expansion, why did the region was unable to sustain sufficiently high growth rates to catch up with more advanced economies? One of the answers is Latin America’s success in expanding more sophisticated and complex goods.   The 'It' Complex Factor Recent research led ...

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