According to a report by the National Coal Association of China, China’s coal consumption will increase by six percent in the next five years. According to the report, coal production will also increase by five percent to 4.2 billion tons by 2025. Demand for coal will remain high due to economic growth, a spokesman for […]
The US think tank Heritage Foundation has removed Hong Kong from its ranking of the world’s freest business locations. The Chinese special administrative region will now be added to China, dpa reported on Thursday. From 1995 to 2019, Hong Kong was consistently at the top of the ranking. In 2020, it had been replaced by […]
WHO experts have expressed strong doubts about the Chinese theory on the origin of the coronavirus. Scientists Fabian Leendertz of the Robert Koch Institute and Vladimir Dedkov of the Pasteur Institute in St. Petersburg told the Financial Times it was highly unlikely that Covid-19 had come to Wuhan through frozen food. The Chinese government and […]
China and the US will co-chair the G20 Sustainable Finance Study Group. The group was re-launched at the first meeting of G20 finance ministers and central bank governors under the Italian G20 presidency after a two-year hiatus. It will analyze measures and plans to minimize the risks of climate change to the financial system. The […]
The Chinese 14th Five-Year Plan is not, in principle, an enshrined five-year planning document. It merely sets out the framework of the party’s policy. The goals are then interpreted, fleshed out and adapted to reality at the provincial level and for individual policy areas and sectors. The 14th Five-Year Plan (the English translation and the […]
US President Joe Biden wants to reduce the US’s dependence on external suppliers in the areas of semiconductors, pharmaceuticals and drug ingredients, high-performance batteries and rare earths. In an executive order signed yesterday, Biden directed federal agencies to examine how dependent the US is on individual countries in the four areas. There should also be […]
