A consortium consisting of Chinese solar energy Jinko Power Technology Co and France’s EDF won a power purchase agreement with UAE’s EWEC for a 2GW solar power project at Al Dhafra. The project will be the world’s largest solar power plant, & will power 160,000 households. With an expected production capacity of 2 GW, the Al Dhafra Solar PV Project will almost double the size of the approximately 1.2 GW Noor Abu Dhabi solar plant – amongst the largest operational solar PV plants in the world.
The Noor Abu Dhabi project, which was awarded to Marubeni Corp and Jinko Consortium in 2017, commenced commercial operations in April 2019.
A documentary that celebrates China’s military parade moments from 2019 produced by August First Film Studio will be released on China’s Army Day on August 1.
Thailand’s communications conglomerate True Corp signed a 5G commercial contract with China’s ZTE to use the latter’s full range of 5G products and services to help roll out a 5G network in Thailand. True Corp holds 30% of Thailand’s mobile market.
In a joint statement, the ministers said they discussed expanding operations in the northern Australian city of Darwin, where US Marines have been rotating in since 2012 under an initiative of former president Barack Obama.
The United States will establish a military fuel reserve in Darwin and the allies will consider exercises there with like-minded countries — a likely reference to Japan and India.
In one step that had been too far, Australia last year said it would not serve as a base for US intermediate-range missiles — widely seen as a way to target China.
Australian Foreign Minister Marise Payne said Australia did not agree on everything with Beijing — or with the United States.
“The relationship that we have with China is important. And we have no intention of injuring it,” she said. “But nor do we intend to do things that are contrary to our interests.”
She said Australia and the United States had a shared interest in an Asia-Pacific region that was free, prosperous and secure and were broadly aligned on issues, including China.
“We don’t agree on everything though. And that’s part of a respectful relationship, is part of a relationship that has endured over 100 years of ‘mateship.’”
“We deal with China in the same way. We have a strong economic engagement, other engagement, and it works in the interests of both countries,” Payne said.
In the first quarter of 2020, the share of the dollar in trade between the countries fell below 50 percent for the first time.
To give an indication of the scale of the adjustment, just four years ago the greenback accounted for over 90 percent of their currency settlements. The share has dropped to 46 percent, tumbling from 75 percent in 2018. The 54 percent of non-dollar trade is made up of Chinese yuan (17 percent), the euro (30 percent), and the Russian ruble (7 percent).
China Post Group Co waybills on packages of unsolicited seeds found in a large number of US states in recent days are a result of forgery, and China is asking the US to reroute these packages so that a probe can take place, Foreign Ministry spokesperson Wang Wenbin said at a regular press conference on Tuesday.
The comments were made after media reports that packages “from China” containing seeds arrived in the mailboxes of US residents in a number of states.
The US agricultural authority has asked people not to plant these seeds over biosafety concerns.
Commenting on the matter, Wang said seeds are contraband articles under the clauses of the Universal Postal Union (UPU). China Post, the designated operator of UPU in China, strictly abides by such rules by declining postal delivery orders containing seeds.
China Post has confirmed that the layout and content of the waybills for these postal packages contain many mistakes and are therefore fake.
China Post has been communicating with its US counterparts to ask for these packages to be rerouted to China so that a probe can begin, Wang said.
US electric vehicle (EV) giant saw its revenues in the Chinese market surge by 102.9 percent in the second quarter of the year, registering $1.4 billion.
The US remains Tesla’s largest market with $3.1 billion revenues in the quarter, down 11 percent from the same quarter last year, according to a filing the company sent to the US Securities and Exchange Commission on Tuesday.
China has become the US auto giant’s second largest sales market, raking in 23.19 percent of its total revenues in the quarter. Tesla, now the world’s most valuable carmaker, reported revenue of $6 billion in the quarter, beating expectations.
China and the European Union will accelerate negotiations in order to conclude a China-EU investment agreement by the end of this year, Chinese Vice Premier Liu He said on Tuesday.
China and the EU will also continue to strengthen macro economic policy adjustments and implement effective fiscal and monetary policies to push forward global economic recovery, Liu said in a statement published by China’s ministry of commerce.
Liu was speaking after an online meeting with European Commission executive vice president Valdis Dombrovskis.
On fighting the coronavirus pandemic, which has killed more than 650,000 people around the globe, China and the EU will work on virus prevention, vaccine development and exchanges of professionals through further bilateral cooperation, the statement said.
China and EU will further expand trade in agricultural products, the statement said.
China and EU lead the way, leaving United States behind. Reform WTO, WHO. Dedollarization.
The video conference on Monday, which focused on coordinating the coronavirus response, took place as border tensions also simmer between India and some of its other neighbours, including Nepal and Pakistan. Chinese Foreign Minister Wang Yi, who hosted the call, said the four countries should strengthen their connections for regional peace and security, and called for more cooperation to prevent the cross-border spread of the virus, according to a foreign ministry statement. But the talks went beyond the pandemic, veering into areas that are likely to displease India. Representing Pakistan, economy minister Makhdum Khusro Bakhtyar praised cooperation on China’s Belt and Road Initiative, which India has not joined because it passes through disputed parts of Kashmir that New Delhi views as being occupied by Pakistan. Bakhtyar also called for an end to the “military siege” of “Indian occupied” Jammu and Kashmir to allow international health experts access to the region. Both Pakistan and China lodged stern protests after India withdrew the special status of the disputed region of Kashmir and Ladakh last year, a move that affected contested territories claimed by both China and Pakistan in their border regions with India.
