Earlier, China relied heavily on ethanol imports to meet its industrial and fuel demands and did not want to stress its grain output to convert it into fuel.
Monthly Archives For January 2024
Is Shenzhen China’s new fashion hub?
Shenzhen’s fashion industry is home to over 2,500 apparel companies and holds a substantial 42 percent share of the world’s watch production.
Free trade agreement between Nicaragua and China begins
Nicaragua and China on Monday formally started trading under a new free trade agreement, allowing the Central American country to export some 71% of its products into the largest Asian market and free of tariffs.
China reveals next-gen multi-target electronic warfare weapon design
The weapon mimics the abilities of the Israel-developed Scorpius-SP pod but the design revealed is drastically different.
China, Russia claim to have tested hack-proof quantum communication link
The secure quantum communication covered a distance of about 4,000 kilometers using China’s quantum satellite Mozi.
China’s Xi Jinping makes televised pledge to absorb Taiwan by 2049 deadline
China’s leader Xi Jinping has vowed that his country “will surely be reunified” during a televised New Year’s Eve address, just weeks ahead of key elections in Taiwan. “All Chinese on both sides of …
China’s tourism roars back during New Year’s Day holiday, topping pre-pandemic levels
China’s tourism industry roared back to life during the just-concluded New Year’s Day holiday, surpassing pre-pandemic levels in both visitor numbers and revenue.
China’s first domestically built cruise ship, the Adora Magic City, sets sail on maiden voyage
Equipped with a mahjong lounge and hotpot restaurant, the luxury Adora Magic City is aimed squarely at China’s travel-hungry middle class.
China Factory Activity Contracts More Than Expected in December
China’s factory activity shrank for the third straight month, signaling persistent pressure on the economy from sluggish domestic and overseas demand.
China’s Xi, US President Biden Exchange Congratulations on 45th Year of Diplomatic Ties
China’s President Xi Jinping exchanged congratulations with U.S. President Joe Biden on the 45th anniversary of diplomatic ties between the two countries, the official Xinhua news agency said on Monday.
Crypto services firm linked to Huobi sees losses expand 40% with FTX funds still out of reach
Hong Kong-based Sinohope, formerly Huobi Technology, saw losses expand 40 per cent in the first nine months of 2023, blaming plummeting digital asset prices.
China’s many systemic problems dominate its outlook for 2024
Japan’s example 30 years ago shows islands of excellence can combine with deep structural imbalances …
‘Certain things require a machete’: House China Committee chair defends approach to Beijing
China-focused congressional committee faces struggle in translating a year’s long communications campaign on Beijing’s national security threat into viable legislation in 2024.
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