Posted inAT Finance, Beijing, Chengdu, China, Hong Kong, India, Myanmar, South Asia, World

Chinese military waging a cold war at the roof of the world

In 2011, Beijing shelled out some 1.5 billion yuan (US$236 million) for the construction of an airport to serve the frigid wilderness of the Tibetan Plateau, saying it wanted to boost the local tourism industry.     Completed in 2013, Yading Airport has since handled no more than 150,000 passengers a year, equivalent to three or four daily flights carrying […]

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