Harbin, capital of northeast China’s Heilongjiang Province, has been on high alert after new local COVID-19 infections were reported on Tuesday. Heilongjiang Province had reported eight confirmed …
Monthly Archives For September 2021
Keysight’s 5G Test Solutions Enable OPPO to Upgrade 5G Communication Lab in Shenzhen, China
Focused on 5G cutting-edge technology research, building a world-leading 5G innovation base, and working together to upgrade communication lab. SANTA ROSA, Calif., September 22, 2 …
Russian military plane believed to have crashed near border with China
A Russian military plane disappeared Wednesday over the Khabarovsk region and is believed to have crashed in the Bolshekhekhtsirsky Nature Reserve, officials said.
‘Betting on a low carbon future’: why China is ending foreign coal investment
Xi Jinping’s promise reflects growing awareness of the climate crisis in China and falling renewable prices …
Centre may allow foreign investors in LIC’s IPO but Chinese investors will be blocked
The Indian government is likely to allow foreign institutional investors to buy up to 20% of state-owned Life Insurance Corporation’s IPO, but Chinese investors will be blocked from buying shares, …
‘China should install 100GW of green hydrogen by 2030’, says Beijing-supervised body
Beijing may be testing the reaction to a new China Hydrogen Alliance position paper as part of its preparations for a new national H2 strategy, writes Leigh Col …
Ant Group’s micro loan service Huabei begins to share data with China’s central bank
China’s Ant Group has begun to send its consumer credit data to a database run by China’s central bank, a key move for both the company and regulators as Beijing tightens its grip over the…
Investors Are Reading Evergrande All Wrong. China Would Never Allow a Lehman Moment.
The idea of sudden contagion in China’s financial system is misguided. The sector is entirely under state control, write Shehzad Qazi and Derek Scissors of China Beige Book.
China injects $18.6 billion into economy amidst Evergrande crisis
The Chinese central bank, the People’s Bank of China, boosted its gross injection of short-term cash into the financial system …
China’s Evergrande says it will make debt payment
Evergrande’s struggle to comply with financial restrictions imposed by regulators to curb rising debt in the Chinese economy has prompted fears a default might cause global shockwaves.
China’s pledge to end foreign coal finance casts doubt over projects worth $50bn
China’s pledge to end state financing of coal-fired power plants abroad could affect 44 projects with a total value of $50bn, according to US consultant Global Energy Monitor (GEM).
China pledges to stop funding new coal projects overseas
President Xi Jinping told the UN General Assembly that China would focus on helping developing economies embrace low-carbon energy.
‘Writing is on the wall for coal power’: China to ditch overseas coal funding, as US vows to double climate finance
Hopes grow that COP26 Climate Summit could deliver a breakthrough, after two of the world’s biggest emitters deliver key climate pledges …