July 3 — Xinghe Power Aerospace said its domestically developed Cangqiong-50 reusable LOX/kerosene engine completed its 163rd routine hot-fire on July 1 at the Niutoushan power-system test center. The company said it has completed 57 engine hot-fire

2026-07-03

July 3 — Xinghe Power Aerospace said its domestically developed Cangqiong-50 reusable LOX/kerosene engine completed its 163rd routine hot-fire on July 1 at the Niutoushan power-system test center. The company said it has completed 57 engine hot-fire runs to date, with cumulative test time of 20,088s and a single-unit maximum cumulative run time of 2,757s. The Cangqiong-50 is designed for at least 25 reuses; more than 40 engines of this type have been assembled and delivered. The Zhishenxing-1 mid-to-large reusable liquid launch vehicle, powered by Cangqiong-50, is scheduled for a near-term maiden flight and will begin staged recovery validation thereafter.

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1. Pressuring the Fed Chairman and Governors —Following the release of the latest US jobs report, US President Trump refused to advise Federal Reserve Chairman Warsh in an interview, stating that the new chairman "must do what he has to do." Trump s

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