New independent financial and monetary system to bypass $USD transactions?

The Russia-led Eurasia Economic Union has just agreed with China to design the mechanism for an independent financial and monetary system that will by pass US dollar transactions. Say hello to Russian gold and Chinese petroyuan The following article by Pepe Escobar … Continue reading New independent financial and monetary system to bypass $USD transactions?

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Russia finds more evidence US funded bio-program on germ warfare in Ukraine

A Russian Defense Ministry spokesperson said on Sunday (March 6) that evidence of a U.S.-financed military biological program developed in Ukraine has been revealed during Russia’s military operation in Ukraine, according to a report by Russian media agency TASS.  The spokesperson, Igor Konashenkov, said, “In the course of the special military operation, evidence of the Kyiv regime’s hasty measures to conceal any traces of the military biological program, financed by the U.S. Department of Defense in Ukraine, has been revealed.” Konashenkov said employees of Ukrainian bio laboratories had provided information that especially hazardous pathogens, including plague, anthrax, cholera, tularemia and … Continue reading Russia finds more evidence US funded bio-program on germ warfare in Ukraine

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Dual perspectives on interpreting the Ukrainian crisis: geopolitics and a financial game

The crisis in Ukraine objectively promotes the deepening of Sino-Russian cooperation. The cooperation between Russia and China will further orient the center of gravity of the Eurasian continent toward Asia, a trend that is of great significance for curbing global hegemony led by the US and pushing towards a pluralist world order. Professor Wang Xiangsui The following article is reproduced by Dongsheng’s Chinese Voices (No.36) 13.03.2022. Context The crisis in Ukraine has not only caused a shock to the world political landscape but is also having a huge impact on the world economy. According to Wang Xiangshui, the crisis in … Continue reading Dual perspectives on interpreting the Ukrainian crisis: geopolitics and a financial game

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Call for Hong Kong to establish ‘Carbon Trading Center for Asia’

Special: 2022 Two Sessions (ECNS) — A “Carbon Trading Center for Asia” should be established in Hong Kong to help develop green finance, Chen Qingxia member of the Chinese People’s Political Consultative Conference (CPPCC) from the Hong Kong Special Administrative Region, suggested in an interview with China News Service on Saturday. By establishing the “Carbon Trading Center for Asia” in Hong Kong, the region’s high-degree internationalization advantage can be fully utilized, said Chen Qingxia, also honorary president of HKCPPCC Members Association. The carbon economy system in the Great Bay Area needs to be built via in-depth cooperation with China’s Guangdong Province … Continue reading Call for Hong Kong to establish ‘Carbon Trading Center for Asia’

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China questions purpose of US bio-warfare labs in 30 overseas countries

According to data published by the U.S., America has 26 bio-labs in Ukraine, which are under absolute control of the U.S. Department of Defense. The United States should receive multilateral check for its biological militarization activities and make a relevant clarification, a Chinese Foreign Ministry spokesman said on 8 February 2022. Foreign Ministry spokesman Zhao Lijian made the remarks when responding to a query about some reports that the American Embassy in Ukraine has recently removed all documents about U.S.-funded bio-labs in Ukraine from its website. “It is reported that those bio-labs store a large number of dangerous viruses. During … Continue reading China questions purpose of US bio-warfare labs in 30 overseas countries

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Powering China’s energy transition

China is increasingly looking to secure its future energy needs with sustainable alternatives. In accordance with the 2016 Paris Agreement, China committed to make non-fossil fuel energy 20 percent of its energy supply by 2030 and to peak CO2 emissions by 2030. Chinese President Xi Jinping expanded on that commitment in a speech to the United Nations in September 2020 when he announced that China aims to achieve carbon neutrality by 2060. Ahead of the late 2021 UN Climate Change Conference in Glasgow, China pledged to “strictly limit” the increase of domestic coal consumption, increase the share of non-fossil fuels in primary energy consumption to around … Continue reading Powering China’s energy transition

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Debt-for-nature swaps with China could boost Ecuador’s conservation

The following article by two Ecuadorian conservation experts asks whether debt-for-nature swap proposals could be an opportunity for China and Ecuador to reshape the two countries economic relationship, by deepening strategic cooperation with Chinese conservation researchers and supporting the development of sustainable livelihoods in collaboration with indigenous communities? Ecuadorian President Guillermo Lasso attended the opening ceremony of the Beijing Winter Olympics and met with Chinese President Xi Jinping, and had discussions on renegotiating Ecuador’s debt with China. When Ecuador’s president Guillermo Lasso visited China for the opening of the Winter Olympics, the head of state used the occasion to discuss debt renegotiations … Continue reading Debt-for-nature swaps with China could boost Ecuador’s conservation

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In praise of Beijing’s Green Olympics coolest venue, Big Air Shougang

Beijing’s Green Olympics did not pretend to be in a natural wonderland. As the world gets warmer and glaciers continue to disappear, it forces us to confront an uncomfortable truth: Big Air Shougang may be the world’s first permanent Winter Olympics venue of its kind, but it won’t be the last. Haig Balian Lots of snarky comments were directed at the site of the big air competition during the Olympics. But Big Air Shougang, an industrial park built around an abandoned steel factory, is a showcase for urban transformation. Whether it was positive drug tests, strict COVID bubbles, or diplomatic … Continue reading In praise of Beijing’s Green Olympics coolest venue, Big Air Shougang

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Behind the Ukraine crisis: a lesson for China

Context Chinese expert Gao Cheng, at the Institute of Asia-Pacific and Global Strategy, Chinese Academy of Social Sciences, analyzes the geopolitical game between the US, Russia, and the European countries in Ukraine over the past years, its deep-seated reasons, and elaborates on the implications of the Ukrainian crisis for China. On February 21, 2022, Russia recognized the 8-year old breakaway regions of Donetsk and Luhansk in Eastern Ukraine as independent states. On February 24, 2022, Russian military forces launched attacks on Ukraine. Key points Behind the crisis in Ukraine is the historical conflict between the US and Russia in the … Continue reading Behind the Ukraine crisis: a lesson for China

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China’s green transition: A feasible way of quitting coal

In September 2021 China announced that it would stop building coal-fired power projects abroad. The policy change could affect 44 plants costing a projected $50 billion across 20 countries in Asia, Africa, South America and Eastern Europe. Global Energy Monitor (GEM) estimates … Continue reading China’s green transition: A feasible way of quitting coal

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China leads on clean energy transition but still more needed

Shared by China-Environment-News.com on Facebook Dongshen News reports that China is the global leader in installed solar (39% of total) and wind (36%) capacity, but progress in clean energy transition is needed to meet targets Criteria for reducing energy consumption (13.5%) and CO2 emissions (18%) per unit of GDP by 2025 may be insufficient if economic growth accelerates, but China can still help lead global climate governance, promoting green investment and providing low-carbon equipment. Read more: https://www.carbonbrief.org/guest-post-is-china-living-up… Source: Dongshen News, No. 88 | 26.02.2022 CEN on Facebook: https://www.facebook.com/groups/2516109708443374/posts/4926624077391913/ Continue reading China leads on clean energy transition but still more needed

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Enough is enough – is the crisis in Ukraine the beginning of a new world order?

Re-published by China Environment from Friends of Socialist China, February 21, 2022. Introduction by Friends of Socialist China In this important article, originally published in the British left newspaper Morning Star, Belgian political analyst Marc Vandepitte assesses the crucial importance of … Continue reading Enough is enough – is the crisis in Ukraine the beginning of a new world order?

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Mitigating global food waste: does China provide lessons to rest of the world?

The Chinese government has been firm and proactive in addressing the issue of food wastage in the country. The adoption of pertinent measures such as the Clean Plate Campaign spearheaded by President Xi Jinping, an initiative which seeks to mitigate food wastage and promote food security, and the passing of the anti-food waste law in 2021 at the session of the National People’s Congress (NPC) Standing Committee are all germane actions that indicate the Chinese government’s unflinching dedication to curb food waste in the country. But one may ask, why should China’s approach to addressing food waste be of interest to the … Continue reading Mitigating global food waste: does China provide lessons to rest of the world?

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NATO expansion: truths and lies about US pledges made to Russia in 1991

Understanding the historical conditions and present strategic context that have led to the stand-off between Russia and the US regime (and its NATO proxy) over Ukraine is crucial to the broader picture of the development of the multipolar world. Central … Continue reading NATO expansion: truths and lies about US pledges made to Russia in 1991

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New Zealand defies wrath of Anglosphere to sign major new trade deal with China

New Zealand – China Free Trade Agreement updated and ratified China and New Zealand have ratified an upgrade of their long-standing trade deal. The FTA was first signed with New Zealand in 2008 and it was the first such agreement between China and a Western country. Negotiations to upgrade it started in 2016. On 15 February 2022, the Chinese Ministry of Commerce said the two nations had completed domestic approval procedures and the deal, effective from April, would “further promote trade and investment exchanges” and “jointly promote the development of economic and trade relations to a higher level”. The agreement comes despite … Continue reading New Zealand defies wrath of Anglosphere to sign major new trade deal with China

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Understanding China’s latest guidelines for greening the Belt and Road

The latest guidelines are another important milestone towards greening China’s overseas projects and investments. They are – to our knowledge – the most comprehensive document by any country regulator to guide environmental management of overseas projects by either public or private companies. This January, less than six months after publishing the “Green development guidelines for overseas investment and cooperation”, China’s ministries of commerce and of ecology and environment issued another set of recommendations with a similar name: “Guidelines for ecological and environmental protection of foreign investment cooperation and construction projects”. How is this document different to last year’s? And how does it add value? … Continue reading Understanding China’s latest guidelines for greening the Belt and Road

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Along the Belt and Road: Breaking the Cycle of Underdevelopment in Latin America

By Carlos Martinez – Feb 10, 2022 The last few months have seen a significant expansion of the Belt and Road Initiative in Latin America and the Caribbean. Although this region of the world is not the most obvious fit for an undertaking that was originally modelled on the Silk Road – a network of trade routes linking East Asia with the Middle East, Africa and Europe – the reality is that the countries of South America, Central America and the Caribbean share many of the same needs as their counterparts in Central Asia, Southeast Asia, the Middle East and … Continue reading Along the Belt and Road: Breaking the Cycle of Underdevelopment in Latin America

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$117.5 billion China-Russia energy deal dumps US Dollar for the Euro

On 6 Feb 2022 China Environment reported about China and Russia announcing significant strengthening of cooperation between the two nations in the energy sector, with major long term oil and gas deals between the two nations being signed. The Chinese President said that China and Russia should strengthen joint innovations in major energy technologies, as a way for both countries to ensure energy security. This was a clear reference to the need for both to protect themselves from US attempts to undermine energy security as a strategic weapon against the two nations. A key element in strengthening security from US economic aggression is … Continue reading $117.5 billion China-Russia energy deal dumps US Dollar for the Euro

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Forget ‘BRI debt trap’ – US controlled World Bank / IMF is the REAL debt trap

Forget the fake Western claims about China’s Belt & Road Initiative: the US controlled World Bank and International Monetary Fund have been bankrupting and enslaving developing nations with crippling debt, “austerity” and financial colonialism for 70 years. While supposedly an … Continue reading Forget ‘BRI debt trap’ – US controlled World Bank / IMF is the REAL debt trap

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The end of US neo-liberalism – the meaning of Biden’s change in US economic policy

In the US President Biden is carrying out a revolution in economic policy which, without openly acknowledging it, in fact admits the failure of US the neo-liberal economic policies pursued during the last 40 years. Entirely abandoning the neo-liberal goal … Continue reading The end of US neo-liberalism – the meaning of Biden’s change in US economic policy

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China’s response to climate change encourages others

Climate change is a real challenge facing all nations alike now. The temperature is rising in cities and various adverse effects including untimely rainfall, heatwaves, droughts, storms, floods, wildfires, and crop failures are being observed across the world. It is really distressing that during the 26th session of the Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change from October 31 to November 13, 2021, held in Glasgow, Scotland, rich nations namely the United States and the European Union failed to live up to their pledge of providing $100 billion a year to help poor nations that … Continue reading China’s response to climate change encourages others

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Xi Jinping and Valdimir Putin meeting – world order enters a new era

The authoritative Chinese newpaper, The Global Times, on Feb 05, 2022, commented on the significance of the meeting in Beijing between Chinese President Xi Jinping and his Russian counterpart, President Vladimir Putin. The Global Times noted that after their meeting, the two world leaders “issued a lengthy joint statement that elaborated on shared views and consensuses on major global and regional issues and delivered a scathing rejection of the US-led West’s hegemony that increasingly threatens global security and stability, a move that experts say ushers in a new era of international relations.” The joint statement, which focuses on international relations … Continue reading Xi Jinping and Valdimir Putin meeting – world order enters a new era

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China leads world investment in low-carbon energy transition

More than 130 countries have set or are considering a goal of net-zero emissions by 2050. Achieving net-zero on a global scale, however, requires $125 trillion in climate investment by 2050, according to research commissioned by the United Nations Framework Convention on Climate Change (UNFCCC). While that level of investment hasn’t been achieved yet, it’s ramping up. In 2021, the world spent $755 billion on deploying low-carbon energy technologies, up 27% from the year prior. China invests more in energy transition than US or Europe The top 10 countries together invested $561 billion in the energy transition, nearly three-fourths of the world total. China increased its overall energy transition investment … Continue reading China leads world investment in low-carbon energy transition

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China and Russia sign new deals on energy cooperation

China and Russia announced a significant strengthening of cooperation in energy sector, with major oil and gas corporations from two nations signing new deals this week. While China is massively expanding its renewable energy capacity to meet its 2030 and 2060 climate goals, natural gas is likely to remain a significant energy transition fuel for China. In 2021 China became the world’s largest importer of Liquified Natural Gas (LNG), overtaking Japan. The country aims for a growing portion of its power and heating needs in the intermediate term to shift from coal to natural gas, as a cleaner-burning fuel. China’s President … Continue reading China and Russia sign new deals on energy cooperation

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