Monday, July 1, 2024

China

World’s largest hybrid solar-hydro plant becomes operational in China

The Kela photovoltaic power station, located in the Yalong River Basin of the Tibetan Autonomous Prefecture of Garze, has a remarkable installed capacity of 1 million kilowatts, making it the largest hydro-solar power grid on the planet.

Blinken meets China’s Xi Jinping during Beijing visit to ease soaring US-China tensions

Chinese leader Xi Jinping and US Secretary of State Antony Blinken met in Beijing on June 19 in a potentially crucial step toward stabilizing the relationship between the United States and China, the world’s two largest economies.

$10 billion investment deals signed on first day of Arab-China summit

30 investment agreements worth a staggering $10 billion were signed across various sectors, including technology, renewables, agriculture, real estate, minerals, supply chains, tourism, and healthcare.

China’s first domestically built large cruise ship undocks in Shanghai

China’s first domestically built large cruise ship, the Adora Magic City, successfully undocked in Shanghai on Tuesday, marking a significant milestone for the country’s shipbuilding industry.

China’s home-built passenger jet C919 makes first commercial flight

China's aviation industry reached a historic milestone as the country's first domestically-manufactured large passenger jet, the C919, successfully completed its maiden commercial flight.

Xi unveils grand regional development plan at China-Central Asia Summit 2023

Chinese President Xi Jinping and leaders of Central Asian states have signed a pivotal declaration, emphasizing their commitment to supporting each other and strengthening ties.

Tesla opening new factory in Shanghai to produce 10k megapacks a year

Construction work for the new Megapack plant in China is expected to begin later this year, with battery production due to get underway by the summer of 2024.

Xi and Putin sign agreements in Moscow as Russia-China ties enter ‘new era’

China’s President Xi Jinping signed an agreement with his Russian counterpart Vladimir Putin bringing their ties into a “new era” of cooperation during his visit to Moscow.

China increases defense budget by 7.2% to $230 billion

China has increased its defense spending for 2023, allocating a slightly larger share of its budget to military spending, as it seeks to become a regional military power.

US and Chinese officials meet in Munich to address mounting tensions

U.S. Secretary of State Antony Blinken and his Chinese counterpart Wang Yi met in the first face-to-face between senior US and Chinese officials since the US military shot down a suspected Chinese surveillance balloon.

Latest News

South Korea’s KAI signs $1.4 billion deal to launch mass production of homegrown KF-21 fighter jets

Nine years after the development of South Korea’s KF-21 Boramae began, the Korean government finalized a significant deal with Korea Aerospace Industries for the production of 20 fighter jets