Archive for October 13th, 2021

China singling out Australian coal is a sign of their influence on global energy markets

13-Oct-2021 Intellasia | TheGuardian | 5:02 AM

Energy markets are a hot topic now with gas prices going vertical in Europe and coal prices breaking all-time highs. There have been numerous hypotheses lodged online blaming [...] » More

China to liberalise thermal power pricing to tackle energy crisis

13-Oct-2021 Intellasia | Reuters | 5:02 AM

China’s state planner, the National Development and Reform Commission (NDRC), said on Tuesday it will fully liberalise pricing for electricity generated from coal and [...] » More

China flooding: Bus swept away and millions displaced by deadly deluge

13-Oct-2021 Intellasia | Independent | 5:02 AM

A bus fell into a gushing river near the city of Shijiazhuang in northern China on Monday, leaving three people dead and several missing, as a deadly deluge of rain affected [...] » More

Several killed, nearly 2m affected, as China’s Shanxi deluged

13-Oct-2021 Intellasia | Aljazeera | 5:02 AM

At least 15 people have been reported killed, and three others remain missing after continuous and heavy downpours triggered flooding in northern China’s Shanxi [...] » More

Major Chinese tech firms are already working on their metaverse offerings

13-Oct-2021 Intellasia | AFP | 5:02 AM

Chinese company Alibaba has filed several applications to register trademarks related to the development of its own metaverse. The group joins several other Chinese companies [...] » More

China’s Haidou 1 reaches new depths exploring the Pacific Ocean floor

13-Oct-2021 Intellasia | South China Morning Post | 5:02 AM

An unmanned Chinese submersible has bettered its world record by diving one metre deeper into the depths of the western Pacific Ocean, according to the machine’s [...] » More

China’s Xi launches $232 million biodiversity protection fund for developing countries

13-Oct-2021 Intellasia | Reuters | 5:02 AM

Chinese President Xi Jinping announced the launch of a 1.5 billion yuan ($232.47 million) fund on Tuesday to support biodiversity protection in developing countries, as talks [...] » More

China launches crackdown on sales of illegal cosmetics

13-Oct-2021 Intellasia | Reuters | 5:02 AM

China’s National Medical Products Administration said on Monday that it had launched a crackdown on online and offline sales of illegal cosmetics. The regulator said on [...] » More

Evergrande plans to roll out electric cars in 2022, sending shares of its auto unit 6pct higher

13-Oct-2021 Intellasia | CNBC | 5:02 AM

The electric vehicle unit of embattled Chinese property developer Evergrande said its first cars will roll off the production line next year. The debt-laden company said it [...] » More

China to outlaw all news outlets not funded by Communist Party

China to outlaw all news outlets not funded by Communist Party

13-Oct-2021 Intellasia | The Telegraph | 5:02 AM

China could ban all news media not funded directly by the Communist Party under new rules that will likely further limit freedom of speech. Beijing published a draft law [...] » More

15 dead after heavy rain, floods in China coal region

15 dead after heavy rain, floods in China coal region

13-Oct-2021 Intellasia | AFP | 5:02 AM

At least 15 people have died during unseasonably heavy rain and flooding in north China’s Shanxi province earlier this month, local officials said Tuesday, after the [...] » More

WHO group backs third Covid-19 shot for elderly vaccinated with Sinovac or Sinopharm

13-Oct-2021 Intellasia | South China Morning Post | 5:02 AM

An extra Covid-19 vaccine shot should be offered to people aged 60 and above immunised with Sinovac Biotech and Sinopharm doses, a WHO advisory group said on Monday. The [...] » More

Factbox: Chinese developers that missed or are set to miss offshore bond payments since Sept

13-Oct-2021 Intellasia | Reuters | 5:02 AM

Cash-strapped China Evergrande Group (3333.HK) missed its third round of bond coupon payments in three weeks, as the one-time top-selling property developer in China wrestles [...] » More

Thousands evacuated and coal mines shuttered as floods hit north China

Thousands evacuated and coal mines shuttered as floods hit north China

13-Oct-2021 Intellasia | AFP | 5:02 AM

More than 120,000 people have been evacuated, coal mines shut and crops destroyed after unseasonably heavy rainfall flooded north China’s Shanxi province over the [...] » More

EV battery maker CATL plans $5 billion China recycling facility

13-Oct-2021 Intellasia | Reuters | 5:02 AM

Contemporary Amperex Technology Co Ltd (300750.SZ) plans to build a battery material recycling facility in the central Chinese province of Hubei with an investment of up to [...] » More