AUBURN — Wealthy Chinese citizens will shuttle in and out of L-A to receive medical treatment unavailable in their homeland and recuperate in a former shoe shop converted to a $30 million to $40 million luxury residence, officials said. The Chinese investors in the project intend to capitalize on China’s growing wealth, aging populace and […]
China
Posted inObituaries, sj-web
Joshua Michael Salois
1984 – 2015 CHINA — Joshua Michael Salois, 31, of China died unexpectedly on Sunday, July 26, in an automobile accident. Joshua was born in Boston, Mass., on June 13, 1984, and grew up in Whitefield. Joshua was a graduate of Cony High School and the Capital Area Technical Center. He attended Central Maine Community […]
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Posted inOp-Eds
What next for China after market crash?
WASHINGTON — China’s spectacular stock crash poses three questions. First, what caused it? Next, will it harm the “real” economy of spending and hiring, inside China and beyond? And, finally, how will it affect China’s Communist Party and its economic strategy? If you haven’t paid attention, here are some basics about the crash. The Shanghai […]
Posted inOp-Eds
Asian naval arms race a cause for alarm
The great East Asian naval arms race has definitely begun. It is and will be quite costly. Last November, StrategyPage.com estimated that over the next two decades China and its frightened neighbors will spend $200 billion on naval weapons acquisition. The bulk of that figure will purchase warships. China, which started the arms race, will […]
Posted inObituaries, sj-web
Sheldon L. Bumps
1944 – 2015 CHINA — Sheldon L. Bumps, 70, died unexpectedly Thursday, June 11, at his home. He was born Dec. 2, 1944, in China, to the late Donald H. and Julia (Cunningham) Bumps. Sheldon was a lifelong resident of China, graduate of Erskine Academy, veteran of the United States Air Force and decades-long member […]
Posted inNation / World, sj-web
Video: Chinese rescuers pull survivors from boat; hundreds still missing
JIANLI, China — Divers pulled three people alive from inside an overturned cruise ship and searched for other survivors Tuesday, state media said, giving some small hope amid an apparently massive tragedy with well over 400 people still missing on the Yangtze River. Fifteen people were brought to safety and at least five people were […]
Posted inBusiness, sj-web
LePage to lead trade mission to Japan, China in October
AUGUSTA — Republican Gov. Paul LePage will lead a trade mission to Japan and China this fall. LePage will travel to Tokyo and Shanghai with a group of Maine businesses and educational institutions in October to attract investments to Maine and highlight the state’s exports. LePage said in a statement that the group will educate […]
Posted inBusiness, sj-web
Lobster on menus means prosperity for Chinese New Year, Maine
Exports of U.S. lobster to China have rocketed in the past few years, largely to satisfy the appetites of the communist country’s growing middle class, to whom a steamed, whole crustacean — flown in live from the United States — is not just a festive delicacy and a good-luck symbol but also a mark of […]
Posted inOp-Eds
Austin Bay: 2015: Will China continue to probe its neighbors?
A nudge by air in 2013. A probe by sea in 2014. Will China take a crack on land in 2015? For the sake of world peace, let’s hope not. However, China’s nudge and probe record, especially over the past two years, should worry diplomats and alert headline writers. In 2013, China tested Japanese and […]
Posted inBusiness
New data shows Maine foreign exports down about 12 percent
LEWISTON — New data from the U.S. Census Bureau show exports of Maine goods to other countries declined by 12 percent from 2012 to 2013. The data, released for all 50 states Thursday, show Maine exported about $2.68 billion worth of goods in 2013, a decline of $370 million from $3.05 billion in 2012. Exports […]