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US and China reach ‘phase-one’ deal easing trade tensions

WASHINGTON: The United States and China have agreed to the first phase of a broader trade agreement that will see the former reduce tariffs, and at least temporarily calm fears of an escalating trade war between the world’s two largest economies.

US$300,000 pilot jobs drying up in China

SYDNEY: Expatriate pilots flying Boeing Co’s most popular plane for Chinese airlines used to be able to take their pick from dozens of jobs paying US$300,000 plus perks thanks to a shortage of experienced aviators there. The grounding of the 737 Max has changed that.