Chinese envoy stresses Beijing’s role in Australia’s prosperity amid interference fears

China’s ambassador to Australia has sought to alleviate concerns about allegations of Beijing’s political interference by emphasising the importance of economic and trade ties in underwriting Australia’s long-term prosperity.In an interview published on the front page of The Australian newspaper on Tuesday, the 70th anniversary of China’s founding, Cheng ­Jingye said Australia’s 28-year run of uninterrupted economic growth and expectations of a budget surplus this year proved Beijing and…

German start-up looks to Singapore to launch electric helicopter ‘air taxi’ rides

German start-up Volocopter said Singapore is emerging as one of the most likely destinations for the commercial launch of its electric helicopters, where it hopes to offer short-hop flights for the price of a limousine ride.The co-founder of the company, which is working with Singapore regulators to conduct a public test flight in coming months, said the city state, Dubai and Germany were the markets most open to its air taxis.A number of firms are trying to bring so-called air taxis to mass…