Nico Beckert

Wanderlust? Someday, the Covid pandemic will end. Then, the Zhangjiajie Stone Pillars near Wulingyuan in Hunan Province could be a worthwhile visit. It has been a Unesco World Natural Heritage Site since 1992.

David Chin resigns as head of UBS China. He is the third executive of a global bank in China to step down this month, Bloomberg reports. Chin will be succeeded by Eugene Qian, Chairman of UBS Securities, after two years in the post.

China will fully cut tariffs on coal imports. This was announced by the Ministry of Finance on Thursday. The tariff cuts will be effective from the beginning of May until the end of March 2023. The measure is intended to ensure the country’s energy security. Previously, tariffs against some trading partners were three to six […]

Pony.ai and Baidu are allowed to operate additional self-driving cabs in Beijing since Thursday. Authorities have given the green light for this, as reported by the Financial Times. However, there has to be a driver present in the car who can take action in case of an emergency. The 14 newly registered cars will be […]

Spending on infrastructure is expected to boost growth in China. This was revealed at a meeting of the Central Committee for Financial and Economic Affairs. President Xi Jinping had stressed at the meeting that the People’s Republic must make every effort to boost infrastructure spending, Bloomberg reports. Xi had reportedly urged local authorities to improve […]

New Covid infections in Shanghai have fallen to their lowest level in three weeks. As of Wednesday, there were just over 13,500 positive tests and 48 deaths, according to local authorities. In Beijing, the number of newly identified cases was 46, Bloomberg reports. According to the report, a representative of the Shanghai Municipal Health Commission […]

A freight train crosses the newly constructed Nizhneleninskoye-Tongjiang railroad bridge, which is scheduled to open in a month. The first Russian-Chinese bridge over the Amur River is more than 2.2 kilometers long.

The first human infection with the H3N8 bird flu virus has been detected in China. This was announced by health authorities. However, large-scale transmission among humans is not expected. According to AFP, the National Health Commission of China stated that the risk was low. The infection was found in a four-year-old boy from Henan province. […]

There are figures that defy imagination. China’s steel production is one of them. The People’s Republic produces over one billion tons of crude steel annually. That is the weight of over six million blue whales. But can you imagine so many animals? China’s steel sector is one of the country’s biggest climate polluters. To reduce […]

China’s massive program to expand renewable energy in the country’s deserts continues to take shape. According to an industry representative, its desert projects will have a capacity of 200 gigawatts by 2025, as reported by Bloomberg. Another 255 gigawatts are expected to be installed between 2026 and 2030. More than 300 gigawatts of the planned […]