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OneSpace launches China's first private rocket

OneSpace launches China's first private rocket

SpaceX launches rocket capable of carrying humansOneSpace, a startup based in Beijing, on Thursday became the country's first private company to launch its own rocket. It said its 9-meter-tall OS-X rocket successfully blasted off from a base in northwestern China. The aim of the mission is to collect data for a research project the startup is working on with the Aviation Industry Corporation of China, a state-owned company. Founded in 2015, OneSpace is often likened to Elon Musk's rocket company, SpaceX, a comparison that founder and CEO Shu Chang doesn't shy away from. "OneSpace's...

May 16, 2018
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China's army of small investors want in on the GameStop mania | CNN Business

China's army of small investors want in on the GameStop mania | CNN Business

MarketsFeaturedFear & Greed IndexLatestBy and , CNN BusinessLink Copied!Ad Feedback — The has inspired amateurs everywhere to shake up stock markets. Now China’s massive army of retail investors wants to get in on the action.Talk of the video game retailer’s has taken over Chinese social media and the eye-popping gains in that stock and others have become the envy of the country’s young day traders. They’re now calling on each other to band together to emulate their American counterparts in driving up the share prices of struggling companies.“Market makers are trembling in...

January 29, 2021
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A 5-story building in Shanghai 'walks' to a new location

A 5-story building in Shanghai 'walks' to a new location

Updated 4th November 2020A 5-story building in Shanghai 'walks' to a new locationShanghai residents passing through the city's eastern Huangpu district in October might have stumbled upon an unusual sight: a "walking" building.An 85-year-old primary school has been lifted off the ground -- in its entirety -- and relocated using new technology dubbed the "walking machine." In the city's latest effort to preserve historic structures, engineers attached nearly 200 mobile supports under the five-story building, according to Lan Wuji, chief technical supervisor of the project.The supports act...

October 30, 2020
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A multibillion-dollar shopping obsession goes mainstream in China

A multibillion-dollar shopping obsession goes mainstream in China

Eight months ago, Meng Hu quit her job as a flight attendant in Guangzhou, China to pursue her dream of becoming an online star.She gave notice to the airline just before slammed aviation, created a makeshift home studio in her one-bedroom apartment, and started filming herself talking — a lot.Hu, 27, is an influencer, with a twist. Since January, she's been working full-time as a live-streaming host on Taobao, eBay-like online marketplace. There, she has built up a following of more than 400,000 fans."I've been talking nonstop," Hu said, laughing. "My throat gets really hoarse. [In this...

September 7, 2020
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