The city of Magnitogorsk in the Ural Mountains was designed and built to become a symbol of Soviet industrial power and economic modernization. Today, a Chinese engineering giant and hundreds of Chinese workers are building a new coking plant for 75 billion rubles (19 billion CZK) in this steel city, reports Bloomberg. The contract between … Read more
“Unilumin Group has good relations with Saudi Arabia. And we will further enhance our cooperation in the future,” said Daoren Yuan, Vice President of Unilumin Group. The 3rd Belt and Road Forum for International Cooperation was held in Beijing from October 17-18. At the forum, Unilumin Group, a leading organization in The LED industry has … Read more
Still a long way from real dollar competitionA key driver for the growing use of the yuan internationally is the sharp rise in US interest rates, which makes dollar loans expensive. The US Federal Reserve has increased its key interest rate from close to zero to a range of 5.25 to 5.50 percent since the … Read more
Nineteen-year-old American Coco Gauff defeated Maria Sakkari 6:2, 6:4 in the quarterfinals of the tournament in Beijing after a superb performance, extending her record streak to 16 wins. No tennis player has won more in a row this season on the WTA Tour. After the defeat, the Greek player lost the chance to qualify for … Read more
For three years, China was without the biggest tennis tournaments. Many players did not hide the fact that they do not suffer from longing for Asian clubs due to long travel. After a few weeks of the program, it seems that the restart of the tournaments on this continent has not gained many fans. The … Read more
Markéta Vondroušová’s return after the quarterfinals of the US Open did not go well at all. In Beijing, she was eliminated in the first round, and she also caught it on social networks from angry bettors, just like another Czech tennis player, Linda Nosková, did last week. It looked like a clear match, the tennis … Read more
Xinhua news agency reported that On Monday (September 25) last, Beijing Capital International Airport Daxing in Beijing, China Reports of the number of passengers circulating through the airport over the past 4 years have exceeded 82.48 million. The airport, which completed four years of operation on Monday, has handled approximately 557,300 tonnes of cargo and … Read more
China’s sudden announcement that it will impose export controls on certain gallium and germanium products from August 1st has caused companies to scramble to secure their supplies, resulting in price increases. Analysts have pointed out that this measure was announced on the eve of the American Independence Day and ahead of Yellen’s visit to Beijing … Read more
Coronavirus in China Travelers at the check-in counter for international flights at Beijing Capital International Airport in Beijing: travel to Europe has not yet returned to normal. (Photo: dpa) Berlin The German economy is sounding the alarm in view of the sluggish issue of visas for business travelers from China and India to Germany. Specifically, … Read more
Germany wants to shut down the last coal-fired power plant in 2038. China, on the other hand, is expanding the expansion of coal energy. Environmentalists warn of serious consequences. According to a Greenpeace study, China has again significantly accelerated the construction of new coal-fired power plants this year. The Chinese regional authorities approved coal-fired power … Read more