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War of words among China ride-share rivals

The controversial boss of ride-sharing app Uber said Monday its biggest Chinese rival is spending as much as $80 million a week or $4 billion a year on subsidies, intensifying a war of words between the bitter competitors.

dateJan 11, 2016 in Business
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China says it is building its second aircraft carrier

China is building its second aircraft carrier, this time entirely with domestic technology, its Defense Ministry said Thursday, in a leap in its naval development that is increasingly tipping the regional balance of power.

dateDec 31, 2015 in Other
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