China intends to liberalize coal-fired electricity pricing to overcome the energy crisis and provide generators with sufficient fuel....
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Energy Crisis Spurs Rush Demand for Diesel and Gasoline Generators in China
Virtually all diesel generator manufacturers in China have sold all of their inventory and are reporting several months ahead....
China's machinery industry posted double-digit growth in January-August 2021
During the reporting period, the total profit of the aforementioned enterprises increased by 16.4% in annual terms and amounted to 980 billion yuan,...
Robots patrol Singapore streets
Singapore is often criticized for restricting civil liberties, and locals are used to tight control by the state, but the latest innovations have...
Industrial robot production in China surged in January-August 2021
According to the International Federation of Robotics (IFR), China has the most industrial robots in the world since 2016....
China raises rare earth mining quotas by 20% to record high
While the border with Myanmar is closed, China will remain in deficit of rare earths - analyst....
Nippon Steel will build the world's first natural gas and electricity tanker
The vessel is scheduled to enter service in February 2024. It will be powered by Japan's first gas engine and lithium-ion battery with a total...
China created over two million jobs in its overseas companies in 2020
Chinese companies ranked first in the world in terms of foreign direct investment abroad last year, having invested USD 153.7 billion in foreign...
Chinese suppliers Apple and Tesla shut down their factories due to power shortages
China's coal-scarcity energy crisis threatens a slowdown in the Chinese economy and threatens global efforts to combat climate change....
Belarus pays serious attention to the joint development of scientific and technical developments and the implementation of innovative start-ups with China
The Iskra program for the search, selection, financing and incubation of innovative projects is being implemented in the Great Stone...
Volkswagen to build new battery plant in China
The German automaker has begun building a plant to produce batteries for electric vehicles in Hefei. Volkswagen also owns a stake in Gotion, a...
The Korea Herald: South Korea raises electricity tariffs for the first time in 8 years due to Nord Stream 2
The increase was only $ 0.0025 per kWh and is associated with higher prices for natural gas and coal, through which South Korea generates 65% of its...
China to continue selling off its reserves to ease supply deficit
This year, Beijing has already sold more than 420 thousand tons of copper, aluminum and zinc from state reserves, struggling with shortages and high...
In 2021, China will not have enough 50 million tons of coal even with the growth of its own coking capacity
Metallic coal is a key raw material used in steel production....
Industrial production in China increased by 5.3% in August 2021
In the first eight months of this year, this indicator increased by 13.1% on an annualized basis....
18th China-ASEAN EXPO ends with record deals
This year, EXPO held 148 events to stimulate trade and economic ties and 26 high-level forums on the topic of industrial chains, cooperation on...
India to install Ukrainian gas turbine engines on frigates of its navy
It is planned to equip new multipurpose frigates with units produced by the Nikolaev Defense Plant, which will soon be built at the Indian shipyard....
Moderna admits her vaccine contains stainless steel particles from a production line
The Japanese authorities, where the defects were found, are now also investigating the deaths of two men who received doses from a stainless...
Sri Lankan President declares emergency to prevent hunger
The island nation's president, Gotabay Rajapaksa, on Monday declared a state of emergency due to the currency crisis, seeking to ensure the...
ArcelorMittal Temirtau places large new order for metallurgical equipment at Danieli
The owner of a Kazakh metallurgical plant has promised to invest $ 3 billion over 10 years to modernize the enterprise. In Kazakhstan, they called...
Asia's largest oil and gas company Sinopec to become largest hydrogen producer
China Petroleum & Chemical Corp plans to spend 30 billion yuan ($ 4.6 billion) on hydrogen energy to become the world's largest hydrogen...
Freight train on China-Europe routes leaves for Belarus from China's free trade zone
International logistics is highly sought after by exporters in the Hunan Free Trade Zone, according to Zoomlion, a Chinese engineering company based...
China will sell another 150 thousand tons of non-ferrous metals from the state reserve
This is the third batch of metals that Beijing is selling on the free market to reduce inflation on commodities....
Siemens has stopped selling wind turbines in China, stating that the company is not interested in this market
The company will continue to manufacture wind turbines in Tianjin, China, but only for export to other markets in the region, including Japan. The...
Lakshmi Mittal congratulated ArcelorMittal Temirtau employees on Miner's Day
ArcelorMittal Temirtau JSC - and the Karaganda region as a whole - has a long and proud mining history dating back to 1857, when the first mine was...
Three workers were killed in an accident at the Taiwanese Formosa steel mill in Ha Tinh, Vietnam. City officials said gas poisoning was a possible cause of death. They added that as a result of the accident, two workers
Employees of Bum Han Industrial Company were performing repairs at the Hung Nghiep Formosa Ha Tinh Steel Company when the carbon monoxide was...
China has created a cross-border financial blockchain platform for servicing China-Europe rail freight
The platform aims to improve the ability of banks to prevent and control credit risks, develop more credit products and reduce financial costs for...
