Property developer China Evergrande’s debt woes are unlikely to cause the same fallout as the collapse of U.S. investment bank Lehman Brothers, analysts said.
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China’s Overseas Coal Power Retreat Could Wipe Out $50 Billion of Investment
China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal …
Why China’s Promise to Stop Funding Coal Plants Around the World Is a Really Big Deal
Chinese President Xi Jinping announced on Tuesday that China will no longer finance overseas coal projects—a move that could have far-reaching implications for the world’s ability to meet climate …
China aims to provide 2 billion Covid-19 vaccine doses to world by year end
China aims to provide the world with 2 billion vaccine doses against Covid-19 by the end of this year amid the ongoing global pandemic, President Xi Jinping said on Tuesday, reported Sputnik …
China sends COVID-19 aid to Myanmar rebels
Delivering vaccines to Myanmar’s junta, but also to rebel groups that are the generals’ sworn enemies, China is playing both sides to fight the coronavirus and strengthen its hand in the messy …
China Reports 16 Cases as Harbin Shuts Schools: Virus Update
China’s northeastern city of Harbin is conducting city-wide Covid-19 tests and suspending schools for a week to control a virus outbreak. Singapore had another day with more than 1,000 infections.
Coronavirus: China seeks to develop next-gen vaccines amid trial complications
A lack of international cooperation to compare vaccines will make it more difficult for China to come up with convincing data for future vaccines using new technologies or targeting new variants of …
Xi says China will stop building new coal-fired power plants abroad
“China was the last man standing. If there’s no public finance of coal from China, there’s little to no global coal expansion,” a climate activist said.
Relief for Fujian as China’s Covid-19 cases fall but fears for Harbin
The Fujian cases were a significant decrease on the 42 infections reported across the province a day earlier. Two of the cases were in Putian, the city where the outbreak was firs …
China leads green development with another practical step China leads green development with another practical step
After pledging to strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060, China has taken another remarkable and practical step in pursuing green development.
‘Big line in the sand’: China promises no new coal-fired power projects abroad
Experts welcome Xi Jinping’s announcement at UN as hugely influential, but concerns remain over domestic emissions …
Evergrande and the end of China’s ‘build, build, build’ model
Valued at $320bn in 2020, the spectacular unravelling of the property group exposes deep flaws in Beijing’s growth strategy …
Northern Chinese city in semi-shutdown after first COVID-19 cases since February
China’s northeastern city of Harbin, population 10 million, went into semi-shutdown after reporting new locally transmitted COVID-19 cases for the first time since early February. Three of 16 new …