Russia remained the largest supplier of crude oil to the People’s Republic in June. Chinese importers took advantage of the price discount on Russian oil due to Western sanctions and reduced more expensive imports from Saudi Arabia, Reuters reported. China imported an average of 1.77 million barrels per day from Russia in June. That is […]
Bridges, roads, airports – to boost growth, China once again relies on an old recipe: infrastructure expansion. This new rail bridge over the Lancang River now connects China’s rail network to the city of Baoshan, home to two million people.
Fan Xinhe is the new press contact of the EU Chamber of Commerce in China. She is based in the Chamber’s Beijing office.Li Jian was appointed as the new Chinese ambassador to Algeria, replacing Li Lianhe.Is something changing in your organization? Why not let us know at heads@table.media!
In its annual report on human trafficking, the US State Department has condemned forced labor in China’s “New Silk Road”. Forced labor is the “hidden cost” of the Belt and Road Initiative (BRI), the department said. Some New Silk Road projects involve violations such as:“fraudulent recruiting” with unfulfilled promises, resulting in debt bondage,arbitrary wage garnishing […]
E-cars are increasingly gaining market share. In the near future, a large quantity of retired e-car batteries will be produced to serve as raw material for new batteries. China is way ahead in this respect. Chinese recycling companies are already doing well, while the market in Europe is developing only slowly, reports Leonie Düngefeld. After […]
China has reported 776 new Covid infections for Monday. That is more than 170 cases than the previous day, Reuters reports. It is the highest number of cases in several weeks. Most of the infections occurred in the Guangxi region in the south of the country. There were also more than 230 new infections in […]
According to insiders, Chinese authorities are preparing a fine of more than €1 billion against ride service provider DiDi. The payment is for more than ¥8 billion (equivalent to €1.25 billion), about five percent of DiDi’s annual revenue, people familiar with the matter said on Tuesday. The Wall Street Journal reported on it first. The […]
A Chinese startup has become the first company in the world to begin mass production of large bendable perovskite solar cells. The bendable cells can be built into windows, walls, smartphones, and other tech products. The cells have an efficiency of ten percent, which is half that of standard silicon cells, reports Nikkei Asia. Smaller […]
Just switch off and – when the hot hours are over – dance in the wheat field. That’s what these tourists in the picturesque village of Caijiapo in Xi’an Province apparently thought.
Real estate prices continued to fall in China in June. It is the tenth consecutive month of falling prices, as data from the National Bureau of Statistics show. Bloomberg also reports that home sales fell year-on-year. They have been in the red for twelve months.China’s real estate sector faces a deep crisis. Numerous large real […]