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Proposed agreement could bring more commercial flights to Dover [Video]

DOVER — A newly proposed agreement in Kent County is signaling more opportunities for growth in Delaware as leaders begin to explore development options for the Civil Air Terminal in Dover

For years, the Delaware Department of Transportation (DelDOT) and Delaware River & Bay Authority (DRBA) have been negotiating with the U.S. Department of Defense for a joint-use agreement that would open the path forward for commercial flights in central Delaware. Now, Dover officials said that the agreement is waiting for an approval from the federal government.

The drafted agreement would change the pricing structure for the lease, extend the timeframe in the leasing agreement and increase the number of commercial flights allowable through the facility, among other benefits.

“They [DRBA] take care of all of the civilian operations which are take offs and landings that currently happen. That’s been in place for a long time,” DelDOT Director Stephanie Johnson told the Delaware Business Times. “What’s really great …

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How China Is Rewiring Its Faltering Economy [Video]

Xi Jinping has a plan to fix his country’s faltering economy and offset the pain caused by the property crisis. The goal is to move up the value chain. Out with dirty, low-end manufacturing and in with new industries like solar and electric vehicles. The problem, however, is Chinese consumers aren’t spending. Also, Beijing faces a tense trade and geopolitical landscape with the US and Europe.00:00 Introduction 01:05 China’s growth story 01:54 Solar firm GCL 02:50 Hi-tech sectors04:05 Tariffs and weak consumption07:09 Model of success If you want to read more on China’s “great rewiring,” click here: https://trib.al/25srtVZFor more on Xi Jinping’s plans for the Chinese economy, click here: https://trib.al/4zPyDoh Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing: https://trib.al/kX4Zyws--------Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginalsBloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.