China positions C919 airliner to challenge Boeing and Airbus

Washington — China’s state-owned aircraft manufacturer has faced industry skepticism over its claims that its latest passenger plane, the C919, can break the passenger jet duopoly of Boeing and Airbus. COMAC’s promotional tour in fast-growing aviation markets including Singapore, Vietnam, Laos, Cambodia and Indonesia ended in Malaysia on Wednesday, China’s official Xinghua News Agency reported. … Read more

Missing bank tycoon Bao Fan reappears and resigns from all positions at China Renaissance

Bao Fan resigned, citing health reasons and a desire to devote more time to his family. Missing Chinese investment banker Bao Fan has resigned from all his positions at China Renaissance, the company announced on Friday. Bao Fan is known for his role in large technology IPOs such as Didi and Meituan. Prior to this, … Read more