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Chinese ski hub buried in debt after Olympics building spree

One of the three hubs for the Beijing Winter Olympics is facing severe financial problems after embarking on a debt-fuelled investment splurge. ....

Dan Wang , Liang Baoku , Li Jiang , Reform Bureau , Chongli Development , Hang Seng Bank , Chongli Finance Bureau , After Beijing , Winter Olympics ,

Torpedo decoys purchase being discussed: source

The military has begun discussions with a foreign nation over the purchase of torpedo decoys for the government’s ongoing indigenous submarine project, a military source said yesterday.
Without identifying the nation, the source, who requested anonymity, said both sides are discussing the configurations of the decoy and a possible delivery date.
No further details concerning the potential deal would be disclosed at this time in the event an agreement is not reached, the source said.
Local media last week reported that Taiwan was having trouble purchasing torpedo decoys from Turkey for the domestic submarine program due to pressure from Beijing.
Minister of National Defense ....

National Defense Chiu Kuo Cheng , After Beijing , World War , The Taipei Times ,

Taiwan Tells China, Denied Summit Invite: Get Democratic Yourself

Tang suggests China double down on realizing democracy in order to receive an invite next time - Click the link for more details. ....

T Ai Pei , United States , Audrey Tang , Us State Department , After Beijing , United States Summit , Digital Minister Audrey Tang , Reuters Next , Hsiao Bi Khim ,