China's Geely takes stake in German 'flying taxi' firm Volocopter

[ad_1] German “flying taxi” developer Volocopter said Monday it had raised 50 million euros ($55.1 million) from investors including automaker Geely, risking a revived debate about Chinese investments in EU firms. “The new funds will be used towards bringing the VoloCity aircraft to commercial launch within the next three years,” Volocopter said in a statement. […]

Volkswagen's electric racer conquers China's Tianmen Mountain road

[ad_1] The VW ID R got a new look for its Chinese adventure. Volkswagen Motorsport Tianmen Shan Big Gate Road runs for 6.8 miles and climbs 3,600 feet up the side of the mountain. There are a total of 99 hairpins, some with as tight a radius of just 18 feet. Volkswagen Motorsport On the […]

China's 'barefoot architects' are transforming left-behind rural villages

[ad_1] Chengkan village, Anhui province: this beautifully-crafted and retreating architecture holds an important place in Chinese heritage. Credit: Xiang Ren. , Author provided China is urbanizing at breakneck speed. Hundreds of millions of people have migrated from rural areas to cities in search of jobs or higher wages, even as the government commissions new buildings […]

US formalizes ban on govt contracts to China's Huawei, others

[ad_1] Huawei and other Chinese firms would be banned from US government contracts under rules formalized and published by Washington The United States unveiled rules on Wednesday formally banning technology giant Huawei and other Chinese firms from government contracts in the latest move in the countries’ escalating trade war. The interim rule will preclude any […]