3-9-21 China and Russia have signed a memorandum of understanding (MOU) on joint construction of an international lunar research station, from the China National Space Administration (CNSA) on Tuesday.
International lunar research station
Greenland poise to develope the second largest rare-earth mine in the world
Not about independence, nor economy nor environment, but about dominance. Whether the prize will go to China or US? The Tuesday, 6 April election will determine the outcome.
China owns US
China-US trade rose 81.3% to $109.8 billion in Jan and Feb in US dollar terms, the Chinese National Bureau of Statistics reports. Chinese exports to the US could jump 20% in 2021. US is now China’s third largest trading partner, behind ASEAN and EU. US is bound to increase imports with the $1.9 trillion bonus.
While Reuter reports:
* Jan-Feb exports +60.6% yr/yr
* Jan-Feb imports +22.2% yr/yr
* Jan-Feb trade surplus $103.25 bln
* Feb exports +154.9% y/y, imports +17.3%
After Jan-Feb exports surge 60.6% in US dollar terms, Chinese exporters weigh price hikes to offset inflated raw material costs.
2021 Government Work Report
Saving US
From March 1, 2020, to February 28, 2021, China has exported 43.85 billion face masks, 1.19 billion surgical gloves, 950 million sets of protective clothing, 54.03 million pairs of goggles and 17,585 sets of respirators to the US.
Mars images
IPR innovations
China authorised 530,000 invention patents in 2020, 17% more than the previous year, and the country applied for 68,720 international patents in 2020, indicating China has become a major nation of IPR innovations.
P.O. with Dutch mask aligner
Chinese chipmaker Semiconductor Manufacturing International Corporation SMIC, announced on Wed a deal for $1.2 bln worth of purchase orders with Dutch mask aligner manufacturing giant, ASML, based on an amended and restated volume purchase agreement.
Thailand and UAE join China’s global digital currency push
China’s central bank said Wednesday it has joined its counterparts in Thailand and the United Arab Emirates to study the use of digital currencies in cross-border payments, a move that puts it closer to setting the global rules for international transactions handled in national virtual currencies.
Fighting back Indian troops
