British government is in talks with China Railway Construction Corporation company (CRCC, 中国铁建) about putting its HS2 project back on track, reported British newspaper Financial Times. HS2, the UK’s over budget and long delayed high-speed rail line, which will speed from London to the Midlands and the north of England, this month received the go-ahead for the first phase of construction.
All sides speculate whether other Chinese companies are likely to land on the U.S. Commerce Department trade blacklist, in the wake of China’s telecom giant Huawei. « Are the Chinese companies ready for this? », asks columnist Liu Qiudi (刘裘蒂) in the Chinese edition of the Financial Times.
The online magazine Business of Fashion launches a competition among a selection of young Chinese fashion designers with high potential. It is unprecedented in a fashion industry that has always had a complex relationship with China.