Both China and the United States are starting new financial attacks on climate change The two biggest economies and largest carbon polluters in the world announced separate financial attacks on …
Monthly Archives For September 2021
China tells U.N. it will no longer finance coal power plants around the world
Chinese President Xi Jinping vowed to the United Nations on Tuesday that China will no longer build coal power plants in other countries, making a broader appeal for multilateral cooperation amid …
Bank of China dangles cash reward for going green with mortgages for sustainable housing
The local unit of China’s third-largest lender is teaming up with developers to reward homebuyers for choosing residential projects with green credentials.
As China Sees Lehman Moment, Bitcoin Is A Godsend
The collapse of Evergrande and Chinese real estate developers underscores the promise of bitcoin, an asset disconnected from the global system.
Asia Stocks Set for Muted Open With Focus on China: Markets Wrap
Asian stocks look set for a steady initial start Wednesday as traders evaluate the debt crisis at China Evergrande Group and gird for a Federal Reserve meeting that is expected to telegraph a …
Soaring Energy Prices Become Major Headache For China
Soaring energy prices are already wreaking havoc on Europe, but the world’s biggest buyer of gas and coal could be next …
HeiQ and The LYCRA Company Launch LYCRA® freshFX® Brand with HeiQ Technology for the China Market
Textile technology innovation leaders, HeiQ and The LYCRA Company, today announced they will be introducing LYCRA ® freshFX ® brand with HeiQ technology for the China market. This press release …
IMF says China has tools to avoid Evergrande’s problems becoming systemic crisis
The International Monetary Fund on Tuesday said it is closely following developments surrounding China Evergrande Group , but believes Beijing has the tools to prevent the situation from turning into …
China pledges to stop building coal-fired power plants overseas
China’s president Xi Jinping has pledged to end the financing of new coal power plants overseas, but stopped short of ending support for the fossil fuel at home. The world’s l …
China’s Xi, like Biden hours earlier, turns to calm language
Choosing calm language as tensions with the United States grow, Chinese leader Xi Jinping reiterated his nation’s longtime policy of multilateralism on Tuesday, tellin …
China Pledges to Stop Building Coal-Burning Power Plants Abroad
It marks a major shift for one of the biggest backers of coal-fired plants globally. Still, China remains heavily reliant on new coal plants at home, and is the world’s top emitter of greenhouse gases…
UN: China promises to halt new coal projects abroad amid climate crisis
The vow marks a shift in policy around its sprawling Belt and Road infrastructure initiative, which had already begun to draw down its coal initiatives.
In climate pledge, Xi says China will not build new coal-fired power projects abroad
Chinese leader Xi Jinping said on Tuesday that China would not build new coal-fired power projects abroad, using his address at the United Nations General Assembly to add to pledges to deal with …
