China has reached its renewables expansion target almost six years ahead of schedule. According to Bloomberg, citing the National Energy Administration, the country installed 25 gigawatts (GW) of wind and solar energy in July, bringing China’s total renewable energy capacity to 1,206 gigawatts. In late 2020, President Xi Jinping announced the goal of generating at […]
Taijiquan (太极拳) is an ancient Chinese martial art known for its slow, flowing movements – and an integral part of traditional Chinese medicine. Many people practice taiji more for inner contemplation and meditation than for fighting an imaginary opponent. However, “shadow-boxing,” as Taiji was often translated in the past, also exists as a competition to […]
China’s cleantech industries are pushing onto the global markets. The companies are exporting – and also want to set up their own production sites in many countries. Many countries increasingly depend on China’s solar systems, wind turbines and batteries – and so there are more and more studies analyzing the risk of these dependencies. Not […]
More than half of Chinese car dealerships were in the red in the first half of the year. According to a report by the specialist portal Yicai.com, 50.8 percent of car dealers reported losses between January and June, which, according to data from the China Automobile Dealers Association CADA, is 7.3 percent more than in […]
The EU Commission has spoken the last word in the anti-subsidy investigation into Chinese EV imports for the time being. In its draft final report, the Brussels authority revised its extra tariffs again. The average rate increases slightly, and the maximum rate for uncooperative EV companies in the People’s Republic decreases slightly after feedback from […]
Chinese Premier Li Qiang has arrived in Moscow for talks with his counterpart Mikhail Mishustin. Beijing announced on Tuesday that the talks were part of the annual consultations between the Chinese and Russian governments launched in 1996. Li and Mishustin will meet “to exchange in-depth views on bilateral relations, practical cooperation and key issues of […]
China has approved five new nuclear energy projects with a total investment of around 200 billion yuan (just over 25 billion euros). As reported by the South China Morning Post on Tuesday, the projects approved by the State Council include eleven new nuclear reactors in the coastal provinces of Shandong, Zhejiang, Jiangsu and Guangdong, as […]
China’s car trade-in scheme could increase total EV sales to over ten million units this year. This is according to Bloomberg New Energy Finance (BNEF) after Beijing announced plans in July to double the subsidies for the trade-in program announced in April. The original estimate for the trade-in scheme was 11.2 billion yuan (around 1.4 […]
China is rapidly increasing its renewable energy capacities. The challenge, similar to Germany and other countries, lies with the power grid. The government is aware that it urgently needs to modernize and expand the grids to make the explosive growth of renewable energy usable as electricity. Since February, Beijing has hinted at substantial increases in […]
China’s carbon emissions fell by one percent in the second quarter. According to China expert Lauri Myllyvirta from the Centre for Research on Energy and Clean Air, this is the first quarterly decline since the end of zero-Covid. This policy had significantly curbed China’s production activities for a long time; since then, the economy has […]