“Common prosperity” will remain one of the highest goals on Beijing’s political agenda in the Year of the Tiger. At the end of the year, Xi wants to be re-elected as president. Everything indicates that he will capitalize on the fight against inequality in China before his re-election – at least verbally – in an […]
China National Nuclear Corp. will build a reactor in Argentina. The Chinese state-owned company has signed a contract with Nucleoeléctrica Argentina S.A. to build the Atucha III nuclear project, Nikkei.Asia reports. According to the report, the project had already been launched under former President Cristina Kirchner. However, the project suffered delays.The entire project is valued […]
According to VW brand chief Ralf Brandstaetter, Volkswagen plans to be able to manufacture up to one million EVs per year in China starting in 2023 – approximately 20 percent of the company’s total production capacity in China. The new plant in Anhui province will contribute to this, the manager told the Japanese newspaper Nikkei. […]
The Winter Olympics in Beijing are a great stage for China to present itself to the world as a progressive nation. Those responsible have also discovered the topic of sustainability. They are advertising with green games. But already with the artificial snow it becomes clear: This sports festival was painted green at best. The electricity […]
One of China’s mRNA vaccines against Covid is expected to achieve 95 percent efficacy in tests. This was shown by data from the first phase of clinical trials, reports business portal Caixin. The vaccine was jointly developed by Walvax Biotechnology and Suzhou Abogen Biosciences, as well as the Academy of Military Sciences of the Chinese […]
China’s ambitious climate goals should not come at the expense of power and food security, or people’s normal daily lives, President Xi Jinping said on Monday in a speech to the Politburo. Reducing greenhouse gas emissions is not aimed at curbing productivity or stopping emissions altogether, news agency Xinhua quoted Xi as saying.The People’s Republic […]
in climate policy, there is not only a dispute about the right climate targets, but also about concrete measures to reduce emissions. The EU wants to introduce a complicated CO2 limit levy as part of its “Fit for 55” program. It is intended to prevent products from countries with lower CO2 prices from entering the […]
Chinese tech giant Huawei is suing Sweden at a World Bank arbitration tribunal (ICSID) over its exclusion from the 5G network rollout. A request for arbitration has been filed, according to a release from the International Centre for Settlement of Investment Disputes (ICSID).Huawei accuses Sweden of excluding the company from the 5G network rollout and […]
China plans to build tens of thousands of kilometers of new highways and high-speed railways over the next few years. This is according to the recently published Five-Year plan on the development of a modern transport system, as reported by the state news agency Xinhua. By 2025, the high-speed train network is to be expanded […]
Beijing and the IOC will celebrate the Winter Olympics with splendor and fanfare. It’s China’s next opportunity to use the big world stage to show the world its best side. Athletes will be mere extras in the big spectacle.That much is already obvious, even before the Games actually begin. One giveaway is the app that […]