China’s most obvious target in EV tit-for-tat is Tesla. America’s EV pioneer has a huge presence in China and is constantly vying with BYD, a local rival, to be the world’s top maker of battery-powered…
Monthly Archives For July 2024
Man caught attempting to smuggle 104 live snakes in his pants at China border
The man carried six large plastic bags full of snakes, according to China’s customs authority. China is widely known as the world’s largest destination for illegal wildlife trafficking, with Hong Kong acting as a major…
China is building two-thirds of new wind and solar globally, report says
China generated 53% of its electricity from coal in May, a record low, while a record high of 44% came from non-fossil fuel sources, indicating its carbon emissions may have peaked last year if the…
China approves establishment of international communications gateway exchanges in 4 cities
China Telecom, China Mobile and China Unicom are approved to set up the gateway exchanges in the cities of Nanning, Qingdao, Kunming and Haikou, according to a statement from the ministry. The gateway …
i-Space’s Rocket Launch Failure: A Setback for China’s Private Aerospace
China’s private aerospace company i-Space experienced a setback with the failed launch of its Hyperbola-1 rocket. The incident occurred at the Jiuquan satellite launch center and is currently under investigation.
China’s Benchmark Rate Becomes Endangered Species in Central Bank Shift
The People’s Bank of China’s Governor Pan Gongsheng last month said Beijing is studying shifting to a short-term rate to guide markets, spurring traders and economists to slap an endangered species tag on the existing…
China’s Benchmark Rate Becomes Endangered Species in Central Bank Shift
The People’s Bank of China’s Governor Pan Gongsheng last month said Beijing is studying shifting to a short-term rate to guide markets, spurring traders and economists to slap an endangered species tag on the existing…
China’s losses in Kenya are America’s opportunities in Africa
This is a moment when America can make headway on the continent because African leaders are also upset about China’s unfulfilled pledges.
Chinese social media sensation Xiaohongshu wins major foreign VC backing
Yuri Milner’s DST Global takes stake at $17bn valuation in rare investment from overseas after China’s tech crackdown …
Over $80B deals inked at China trade fair
The 30th China Lanzhou Investment and Trade Fair (CLZITF) concluded on Wednesday in northwest China’s Gansu Province, with deals worth about 604 billion yuan (about 84.7 billion U.S. dollars) inked.
China coal generation share at record low in May as renewables hit highs
Increased renewable generation led carbon dioxide emissions from the power sector, which make up some 40 per cent of China’s overall emissions, to fall by 3.6 per cent in May …
US needs stronger defenses against China’s overcapacity, Treasury official says
The U.S. may need to take further and “more creative” actions beyond tariffs to protect U.S. industries and workers against China’s growing excess industrial capacity, the U.S. Treasury’s top economic …
NATO allies call China a ‘decisive enabler’ of Russia’s war in Ukraine
In their most serious rebuke against Beijing, NATO allies have called China a “decisive enabler” of Russia’s war against Ukraine and expressed concerns over China’s nuclear arsenal and its …
