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South Korea sends military special forces to release tanker captured by Iran

South Korean Foreign Ministry spokesman Choi Yong-sam said on Tuesday that the government in Seoul is in close contact with colleagues in Tehran and...

China urges US to be "reasonable and rational" on the origin of COVID-19

China believes that the theory that the SARS-COV-2 coronavirus leak from a laboratory in Wuhan was the cause of the pandemic was a lie, made by the...

Iran detains Korean tanker carrying 7,200 tons of ethyl alcohol

South Korean oil tanker Hankook Chimi was stopped this morning due to violation of environmental protocols by the Iranian navy....

Hyundai and Kia expect car sales to grow by 11.5% in 2021

Major automakers are expected to push to ramp up EV production to meet government environmental requirements and catch up with Tesla....

Kiay cuts subsidies to electric vehicle manufacturers

In April 2020, Beijing announced that China would extend its subsidy scheme until the end of 2022 to stimulate production of electric vehicles after...

Japan may declare state of emergency due to explosive growth of coronavirus infections

According to Fumi Sakamoto, infection control manager at St. Luke International Hospital in Tokyo, the rise in COVID-19 cases exacerbates the...

Production of industrial robots in China increased by 31.7% in November

China produced about 90,000 robots in 2019, more than South Korea and North America combined, and surpassed that number in October 2020....

HPP Sanxia in China sets world record for electricity generation

Three Gorges is a gravity dam hydroelectric power plant located on the Yangtze River in Hubei Province, China. It is the world's largest power...

Tesla starts shipping Chinese versions of the Model Y SUV

China's Tesla Model Y electric SUV starts at $ 52,000 in base trim....

China Manufacturing PMI Falls In December But Stays Above 50

Manufacturing activity in China remains strong in December with a PMI above 50, indicating economic growth....

China will need another 7,576 new passenger aircraft over the next 20 years

By the end of 2019, China's civil aviation fleet numbered 3,818 aircraft, including 3,645 passenger aircraft and 173 cargo aircraft....

China to continue “drastic cuts” in steel production in 2021

Overproduction of steel in China caused a serious drop in steel prices in 2018, causing the closure of steel mills and job losses worldwide....

In 2020, Ukraine received 22 container trains from China

Direct container shipments from China to Ukraine began on June 8, 2020. Trains brought fertilizers, equipment, non-ferrous metal products, medical...

China plans to build 600,000 more 5G base stations in 2021

5G mobile communications technology is recognized as an industry in China with preferential investment and tax treatment....

Mitsubishi Heavy to build largest zero-carbon steel plant

When launched next year, the Austrian Steel Test Center will operate on hydrogen....

Central Asian Exports Decrease By 24 Percent In 2020

In 2020, mainly due to the pandemic, the volume of international trade in the Asia-Pacific region will decline by 1.9 percent compared to last year....

Profits of China's industrial enterprises rise 15.5% in November

Chinese industry is increasing its profits in double digits, demonstrating strong growth in the mining sector....

China plans to become carbon neutral through science

A research center has been set up in China with the goal of achieving carbon neutrality by 2060....

Japan aims to phase out petrol cars by mid-2030s

Japan's new green growth strategy envisions replacing the sale of new gasoline-powered vehicles with electric vehicles, including hybrid and...

China has created a freight train with speeds up to 350 km /h

China became the first country in the world to implement such high-speed transportation, which marks a significant improvement in China's...

China and Ukraine held the fourth meeting of the Intergovernmental Commission on Cooperation

Deputy Prime Minister Olga Stefanishina said that Ukraine is ready to work with China to overcome the negative impact of the pandemic, expand...

New Nissan Note received four-wheel drive with two electric motors

Japanese manufacturers have presented an all-wheel drive modification of the new Note, which received a hybrid setup with two electric motors....

Steel production in China to surpass one billion tons this year

It is now quite clear that by the end of 2020, the production of steel in China will be more than 1 billion tons. The market says it will grow even...

China and Ukraine to hold intergovernmental meeting on December 23

At the end of September, Minister of the Cabinet of Ministers of Ukraine Oleg Nemchinov announced that the next meeting of the Intergovernmental...

South Korean auto maker SsangYong Motor files for bankruptcy

The debt of the South Korean corporation SsangYong Motor exceeded 42% of its value....

Three Chinese provinces freeze due to power shortages

Millions of people face winter power shortages in China due to reduced coal production and supply....

China successfully launched prototype reusable space launch vehicle

As of today, "Long March 8" remains a single-use carrier, but in future modifications it will be equipped with a reentry module....

Ukraine launches anti-dumping investigation against Chinese coated steel products

The decision to initiate an investigation was made by the MCMT on the basis of the complaint of "Module - Ukraine " LLC, as well as the...

Congo authorities seized an iron ore deposit from an Australian company and gave it to the Chinese

The Congo government will now have to face a $ 8.76 billion claim in international arbitration....

Chengdu launches first fully automatic subway line in western China

This is the third fully automatic subway line in China and the first fully automatic subway line without a driver in Western China....

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