Covid-19 was supposed to be China’s Chernobyl. It’s ended up looking more like the West’s Waterloo. That is the argument that John Micklethwait and Adrian Wooldridge make in their new book, “The Wake-Up Call: Why the Pandemic Has Exposed the Weakness of the West, and How to Fix It.”
In only 40 years, Shenzhen has developed from a small fishing village into the 5th largest city in Asia (in terms of GDP) and 9th financial center in the world. What surprises will the city bring in the next 40?
Australia is China’s largest supplier of thermal coal, providing up to 35 per cent of the mineral used for electricity generation. Australian exports of coking coal, which is used to make steel, surged by 67 per cent in the first half of 2020 as China embarked on an infrastructure led recovery from the coronavirus.
Responding to reports saying China has ordered a halt to imports of Australian coal, Chinese Customs said on Tue that it will strengthen import supervision on related products, asking reporters to consult relevant authorities for further information.
Trade between China and Australia in the first three quarters went down 1.1%, with Chinese imports of Australian products down 5.1%: spokesperson of Chinese customs.
Scott Morrison said the government was investigating the reports, but it was “important not to get ahead of ourselves here” because it was “not uncommon” for China to impose domestic quotas to support local coal production and jobs. “That is not uncommon to see that and I can only assume, based on our relationship and based on the discussions we have with the Chinese government, that that is just part of their normal process,” the prime minister said in Brisbane on Tuesday. We’ll see, Scott.
Mongolia’s coal exports to China have been accelerating recently, as evidenced by the fact that coal transportation via truck has reached 1,000 units/day at the Ganqimaodu checkpoint in North China’s Inner Mongolia, the country’s largest import conduit for Mongolian coal, according to Chinese sources. A month ago the volume was only at about 600 trucks/day,
A new trailer for “Jin Gang Chuan,” a film commemorating the heroic Chinese army’s efforts during the War to Resist US Aggression and Aid Korea (1950-53), was released on Monday. The film is scheduled to hit Chinese cinemas on October 25.
At the Xichang Satellite Launch Centre, China successfully launched the Gaofen 13 satellite with the Long March 3B launch vehicle, and the satellite smoothly entered into its predetermined orbit.
Gaofen 13 is a high-orbit optical remote sensing satellite mainly used in such fields as land census, crop estimation, environmental management, meteorological early warning and forecasting, comprehensive disaster prevention and mitigation, and can provide information services for national economic development. Gaofen satellites are ideal for civilian use due to its vast coverage and high resolution observation capability, but they could also be used for military purposes during extreme times, just like satellites from other countries
The mission was the 349th flight of the Long March series of launch vehicles.
The first 25MW dual-fuel gas turbine generator by CNOOC and CSSC has been approved, becoming China’s first with independent intellectual property rights, breaking the monopoly of foreign gas turbines in domestic offshore oil and gas exploitation.
The happiness leader in 2020 is China, where 93% say they are happy (up 11 points from last year and moving from third place), followed by the Netherlands (newly added this year) with 87%, and Saudi Arabia with 80% (up two points).