flight times available in first – and second-tiercities

are quite tight,” said Li Xiaojin, a professor of aviation economics at the Civil Aviation University of China in Tianjin. “Instead, by launching new flights at smaller cities, airlines may be able to realize net profits after two to three years of operati ons. In the beginning stage, there are usually some favorable policies in price and services. In the next few year s, the flight times available at those smaller airports may become precious, as well,” he said. Shanghai-based Chinese budget carrier Spring Airlines has establis hed three strategic bases since 2017. They are the airports in Yangzhou, Jiangsu …

Continue Reading

hina increases preschool education spendingritten on lanter

The Chinese central government has increased financial input for preschool education, from 15 billio n yuan (2.2 billion US dollars) in 2018 to 16.85 billion yuan in 2019, the Ministry of Education said Thursday. Some 1 billion yuan will be allocated to expand the building of kindergartens in the country’s 11 provincial-level regions in 2019, part of an effort to increase preschool education resources, Lyu Yugang, an official with the ministry, said at a press conference. Meanwhile, local governments have taken effective measures to increase public access to affordable preschool education.  China’s top economic planner approved 50 fixed-asset investment pro …

Continue Reading

Gangsters to face harsher punishments group clarifie

ourts around China will hand down harsher sentences, up to and including the death penalty, for gang-related crimes, under a directive released on Tue sday by the country’s leading group pursuing a national crackdown on gang crime. China has taken a tough stance and stepped up its efforts against gangs. In January last year it launched a three-year campaig n against mafia-style gangs and officials who shelter criminal organizations. Chen Yixin, director of the leading group, said at a news confere nce in Beijing on Tuesday that as of March, more than 79,00 0 people had been prosecuted, and trials are …

Continue Reading

On March 13, CNBC reported that Malta, an island nation i

the Mediterranean that is also a EU member state, has indicated it, too, could join the BRI. The news channel quoted Maltes e Finance Minister Edward Scicluna as saying that “certain prejudices” should not come in the way of good business. I am not sure if Marquis, or his boss, US National Security Advisor John Bolton, plan to lecture, warn or th reaten Malta as they have been doing to Italy these past days. But instead of indulging in such rea ctionary activities, the US should abandon its Cold War mentality and stop looking for non-existent enemies. More important, the …

Continue Reading