The global community should work together to build inclusive, reliable and reciprocal supply chain partnerships, so as to promote resilient, unimpeded and efficient GVCs and a more inclusive and sustainable global economic development.
China Is Leading The Global Nuclear-Power Build-Out Authored by Tsvetana Paraskova via OilPrice.com, China is currently constructing a total of 26 nuclear power units with a combined capacity of 30.3 gigawatts (GW), the highest in the world, according to a report by the China Nuclear Energy Association (CNEA) cited by local media. China's nuclear power units Hualong One in Fuqing, Fujian Province, China. /CFP Last year, China approved the development of five new nuclear power...
Treasurer Jim Chalmers is warning of softer revenue growth in the federal budget as China’s downturn persists and conflict in the Middle East casts a shadow over the global economy. The Albanese government’s third budget is due to be delivered on May 14, with a second surplus still the goal in 2023/24. However, Mr Chalmers […]
At least two countries have declared bankruptcy due to an inability to repay foreign interest payments, primarily to China.
China welcomed global companies to share business opportunities as the fourth China International Consumer Products Expo held its opening ceremony in Haikou City, south China's Hainan Province, on Saturday.
The U.S.-China rivalry has a new flashpoint in the battle for technology supremacy: electric cars. So far, the U.S. is losing. Last year, China became the world’s foremost auto exporter, according to the China Passenger Car Assn., surpassing Japan with more than 5 million sales overseas. New energy vehicles accounted for about 25% of those exports, and more than half of those were created by Chinese brands, a shift from the traditional assembly role China has played for foreign automakers. “The...
Congressional Republicans are calling on President Joe Biden to abandon plans for a pandemic treaty that would strengthen the World Health Organization, citing that global Read More
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours
A report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China
By ELAINE KURTENBACH AP Business Writer A report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China. The survey of American companies said inconsistent and unclear policies and enforcement, rising labor costs and data security issues were other
Tensions between Beijing and Washington are the biggest worry for US companies in China, report says
Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday. The survey of U.S. companies said inconsistent and unclear policies and enforcement, rising labor costs and data security issues were other top concerns. It also []