After winning contracts from the U.S. Air Force, a small Wisconsin-based company went bankrupt. Now, a Chinese businessman is poised to take control of its revolutionary engine.
Dick Rutan, a swashbuckling legend in the aviation community, was sitting in his office at the Mojave airport in the Southern California desert when two engineers walked in with a big idea.
It was the spring of 2005, and Steven Weinzierl and Michael Fuchs had just developed a new piston engine that was both highly efficient and surprisingly quiet. While most small plane engines run on aviation gasoline — which is expensive and difficult to access — their innovative use of diesel mad
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
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For much of the past two decades, Europe's luxury market has counted on the ferocious appetite of Chinese consumers to bolster its bottom line. But foreign luxury brands are facing a reckoning in China. Not only is China’s economy entering a more uncertain phase, giving consumers pause, but homegrown designers and labels are also gaining ground. The questions now are which European brands can still rely on China, and how China's domestic designers can capture a share of the pie.
The Treasury’s top international official gives an inside-the-room account of the latest talks between Treasury Secretary Yellen and the Chinese leadership, including the U.S.’s efforts to get Beijing to address overcapacity and economic imbalances, how...
A podcast about how the two nations, once friends, are now foes.
Hear why things are so complicated now. Host Jane Perlez, former New York Times Beijing bureau chief, talks with diplomats, spies, cultural superstars like Yo Yo Ma, and more to understand why the dangers are so high, and why relations went awry.