China’s Power Storage Fitch Ratings-Hong Kong/Shanghai-15 June 2021: China’s regulatory incentives as well as a rapid increase in intermittent renewable power will drive up power storage investments …
Monthly Archives For June 2021
Spotlight: China’s Power Storage
China’s increasing power output from intermittent energy, in line with its carbon-neutral mandate, may create stronger demand and lead to mandatory requirement …
China to send three astronauts to space, including its oldest
China will send three men into orbit on Thursday in its first crewed mission in nearly five years, part of an ambitious plan to complete a space station by the end of next year. China…
More China coal investments overseas cancelled than commissioned since 2017 – research
More China-invested overseas coal-fired power capacity was cancelled than commissioned since 2017, research showed on Wednesday, highlighting the obstacles facing the industry as countries work to …
China’s Uber, DiDi, files its US IPO
DiDi — the ride-sharing company that holds 90% of China’s market share — filed for its US IPO last week. Its valuation could hit $70B+, per The Wall Street Journal. Known as …
China reports 21 new COVID-19 cases on June 15 vs 20 a day earlier
China reported 21 new COVID-19 cases in the mainland for June 15, up from 20 cases a day earlier, the country’s national health authority said on Wednesday.
Chinese mainland reports 21 new COVID-19 cases
A medical worker in protective suit collects a swab sample from a woman for COVID-19 nucleic acid testing in the subdistrict of Baihedong in Liwan District of Guangzhou, south China’s Guangdong …
Beijing sends warplanes to taunt Taiwan
China has flown dozens of aircraft into Taiwan’s air defence identification zone in an unprecedented show of military power around the independently governed island it claims as its own.At least 20 …
China set to send first crew to new space station Thursday
JIUQUAN, China — China is set to send the first three crew members to its new space station Thursday morning, China’s space agency said. Two of the astronauts flew in previous missions while the third…
China Exports Surveillance Systems for “Smart/Safe Cities”, Imports DNA Equipment Despite Export Controls
China’s tech companies have become major vendors of surveillance technology, and are increasingly exporting their products for the construction of “smart” and “safe” cities around the world. New …
Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO
Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese…
BizBeat Ep.153: China’s central bank raises foreign exchange reserve ratio – what does it mean?
China’s central bank is raising the foreign exchange reserve requirement for banks to 7% from 5%, effective Tuesday. It is the first such hike in 14 years since the previous change in May 2007 —…
China’s Full Truck Alliance says it is aiming for over $20b valuation in US IPO
FTA could raise as much as $1.57 billion from the IPO, which would make it the largest US listing for a Chinese company this year.
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