Author

Nico Beckert

Nico Beckert Published: June 20th, 2022

Solomon Islands: no permanent Chinese military base

The Prime Minister of the Solomon Islands assured Australia on Friday that there would be no permanent military presence of China. In April, the Pacific nation signed a security agreement with China that would also enable the presence of Chinese police and military forces (China.Table reported). China’s military ships would be able to dock in […]

Nico Beckert Published: June 20th, 2022

Fires at chemical plant in Shanghai

Several fires at a chemical plant in Shanghai left one person dead on Saturday. The preceding explosion could still be heard six kilometers away. The sky above the megacity was covered in dark smoke, as a drone video on Twitter showed. There was a large-scale firefighting operation with over 500 firefighters.The chemical complex belongs to […]

Nico Beckert Published: June 20th, 2022

China to invest in LNG projects in Qatar

China’s major state-owned energy companies CNPC and Sinopec are in advanced negotiations with Qatar over liquefied natural gas deals, according to insiders. The talks involve a stake in the expansion of the North Field East project and long-term supply contracts, several people familiar with the talks told Reuters. It would be the first partnership of […]

Nico Beckert Published: June 20th, 2022

China launches third aircraft carrier

China has launched its third aircraft carrier. Amid tensions with the United States over Taiwan and Chinese claims in the South China Sea, the “Fujian” was launched on Friday, according to state media reports. The ship, which was designed by the People’s Republic itself, features an aircraft catapult system (China.Table reported). With its third aircraft […]

Nico Beckert Published: June 20th, 2022

China pushes back heavy industry from some regions

China wants to ban the relocation of companies in the steel, cement and glass sectors as well as oil refineries and coking plants in certain regions. Regions that are already heavily polluted are thus not to be further burdened. This is the result of a new plan published at the end of last week. The […]

Nico Beckert Published: June 17th, 2022

Dominance in offshore wind thanks to subsidies

China has commissioned offshore wind power plants with a capacity of almost 17 gigawatts in 2021. This makes the People’s Republic the world leader. It has installed more than 80 percent of the world’s new offshore capacity of 21 gigawatts. Total global installed capacity is 57 gigawatts, Nikkei Asia reports.According to the report, one reason […]

Nico Beckert Published: June 16th, 2022

App providers to promote ‘socialist values’

China’s authorities have issued new rules for mobile apps. As of August 1, providers of messaging and information apps are only allowed to serve users who have registered themselves with their real names, as the business portal Caixin reports. According to the new regulations, app providers are also responsible for the content presented in the […]

Nico Beckert Published: June 16th, 2022

Shanghai orders weekly testing for entire city

After the Covid outbreak in a popular bar in Beijing, the situation in the Chinese capital is coming to a head. Authorities recently warned of a “race against time” to get the most severe outbreak since the beginning of the pandemic in the metropolis under control. A total of 327 COVID-19 cases linked to the […]

Nico Beckert Published: June 16th, 2022

BASF to produce more battery materials

BASF is expanding its battery materials production capacity in China in response to high demand from the EV industry. The joint venture between BASF and Chinese supplier Shanshan will expand its capacities in Changsha in Hunan province and in Shuizuishan in Ningxia province, the chemical company announced Wednesday. The joint venture would thus achieve an […]

Nico Beckert Published: June 15th, 2022

Edi E&C 29

Despite the sanctions imposed on Russia following the attack on Ukraine, its most important export commodity is still flowing abroad unchecked. Europe also continues to purchase crude oil from Russia. However, while the EU wants to reduce its imports by 90 percent, China has now positioned itself as the most important buyer. In the spring, […]