Russia requires ‘payment in rubles only’ for energy exports to Europe

Russia plans to abandon all “compromised” currencies in gas payment settlements, it was announced on yesterday (23 March 2022). This followed what Russia said was illegitimate decisions by a number of Western countries to freeze Russia’s assets, which had destroyed all confidence in those “compromised” Western currencies. As a consequence, in future “unfriendly countries” will have to pay for Russian gas in Rubles. Russia’s Finance Minister Anton Siluanov said this month that Russia was unable to access around $300 billion worth of its reserves due to Western sanctions. Russian President Vladimir Putin said yesterday that Western sanctions against his country have dealt a … Continue reading Russia requires ‘payment in rubles only’ for energy exports to Europe

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Groundwater levels around Beijing rise 9.64 meters in 6 years

The ecological restoration of Beijing’s rivers and lakes, combined with efforts at water conservation, have resulted in a significant rise in the groundwater level, the Beijing Water Authority said Monday. As of 2021, the groundwater depth in the plain area of Beijing had risen by 9.64 meters over a six-year period, the authority said. Meanwhile, the over-exploitation area in the Chinese capital decreased by 82 percent compared with 2015. Pan Anjun, director of the authority, said that the city’s overall groundwater reserves in the plain areas have increased by 2.94 billion cubic meters since 2021. In previous years, Beijing suffered … Continue reading Groundwater levels around Beijing rise 9.64 meters in 6 years

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China’s High-Speed Rail Network: Unstoppable Growth

CHINA’s railway network now exceeds 150,000km following the opening of several new lines at the end of 2021, including various high-speed lines, taking the length of the high-speed network to more than 40,000km. Two-thirds of the total high speed rail network in the entire world is in China. According to China Railway (CR), China spent Yuan 748.9bn ($US 117.43bn) on investment in railway fixed assets in 2021, putting 4208km of new lines into operation, of which 2168km were high-speed lines. CR carried 1.37 billion passengers during the year.   China’s State Council released on 19 January 2022 the plan for rail … Continue reading China’s High-Speed Rail Network: Unstoppable Growth

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Ukraine war: Where are the peacemakers?

From the Straits Times, March 19, 2022.By Kishore Mahbubani, Professor at the National University of Singapore (NUS) and the author of ‘Has the West Lost It?’ Could we have predicted this war in Ukraine? And could we have prevented it? The simple answer to both these questions is yes. The Russian invasion of Ukraine is illegal and has to be condemned by the international community. And it has been condemned. As a former Ambassador to the United Nations, I fully understand and support the need to protect the principles of the UN Charter. Yet, in geopolitics we must always do two … Continue reading Ukraine war: Where are the peacemakers?

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Phnom Pen: China funds and builds modern hospital for Cambodia

Cambodia inaugurated a China-aided modern medical building on 21 March 2022 at the Cambodia-China Friendship Preah Kossamak Hospital in the capital Phnom Penh. Cambodian Prime Minister Samdech Techo Hun Sen and Chinese Ambassador to Cambodia Wang Wentian presided over the … Continue reading Phnom Pen: China funds and builds modern hospital for Cambodia

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China’s highest-altitude mega hydropower station is fully operational

China’s highest-altitude mega hydropower station, Lianghekou plant, went fully operational on 18 March 2022 in Sichuan Province, contributing significantly to the development of clean energy as well as setting nine world records in hydropower station construction. The project is being developed by Yalong River Basin Hydropower Development Company with a total estimated investment of $10.8 billion USD. Built at an average altitude about 3,000 meters with a total installed capacity of 3 MW (3 million kilowatts), the Lianghekou hydropower plant is a run-of-the-river hydroelectric facility and the seventh largest power station located in the Yalong River basin in Ganzi Tibetan … Continue reading China’s highest-altitude mega hydropower station is fully operational

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The global energy landscape behind the Russia-Ukraine war

Context As the recent Russia-Ukraine conflict continues to heat up, the world energy market is experiencing huge tensions. The author points out the stark reality of the global energy landscape behind the war and the urgency for developing countries to build a united community in order to address the issues of global energy equity and justice and the race for influence in the sector. Key Points Within the previous global framework, capital flowed from rich to poor countries while resources moved in the opposite direction. However, the flow of energy is reversing due to the growth of emerging economies. BP, … Continue reading The global energy landscape behind the Russia-Ukraine war

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How China became the world’s largest contributor to forest growth

Context China’s rapid economic development has been accompanied by environmental problems that have been the subject of much criticism. On March 12, the 44th Arbor Day in China, Liu Min and Hu Angang used detailed data to show the lesser well-known achievements of China’s forestry industry and the reasons that drove them. Key points From 1990 to 2016, the world’s forest area and carbon sink – the ability of forests to absorb and store carbon dioxide – entered a period of sustained decline. During the same period, China increased its forest area by a net 553,000 square kilometers, equivalent to 3.8 … Continue reading How China became the world’s largest contributor to forest growth

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Hungary-Serbia railway section opened: a Balkans Belt and Road Initiative

The Belgrade-Novi Sad section of the 350-km Belgrade-Budapest railway was inaugurated on Saturday in Serbia’s Novi Sad. Once finished, trains will run at a speed up to 200 km/h between Belgrade and Budapest, bringing the Balkans closer to central Europe. China is financing parts of a high-speed train route from Budapest, through Serbia and North Macedonia to the Greek port of Piraeus. A section of the Chinese-built Hungary-Serbia railway opened on Saturday in Serbia, marking a milestone, according to the China State Railway Group, the company that manages and oversees all of the country’s railway projects. The section linking Belgrade, … Continue reading Hungary-Serbia railway section opened: a Balkans Belt and Road Initiative

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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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Wealthy senior citizens in developed countries pose carbon-reduction challenge for ‘world factories’ like China, Middle East, study finds

Wealthy senior citizens in the US and Australia have the highest per capita footprint, twice the average level of western Europe and more than triple that of Japan. … Elderly people consumed about a third more meat and dairy than their middle-aged compatriots, especially in Western European countries. The higher consumption of protein-rich food translates to greater amounts of energy needed to produce it. The growing ranks of wealthy senior citizens leading carbon-intensive lifestyles in developed countries pose a challenge for global efforts to reduce carbon emissions, according to a scientific study. The trend creates obstacles for the emission mitigation efforts of developing economies … Continue reading Wealthy senior citizens in developed countries pose carbon-reduction challenge for ‘world factories’ like China, Middle East, study finds

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China’s BRI an opportunity the world can’t afford to miss

China will work with the international community to continue advancing high-quality Belt and Road cooperation, making the initiative a “belt of development” for the benefit of the world and a “road to happiness” for the people of all countries. This was the key message delivered by Chinese State Councilor and Foreign Minister Wang Yi at a press conference on the sidelines of the country’s 2022 “two sessions.” Over the past years, the Belt and Road Initiative (BRI) has continued to serve as an international public good and a popular cooperation platform. A win-win outc¬¬ome of the BRI highlights its capacity … Continue reading China’s BRI an opportunity the world can’t afford to miss

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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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China outlines major tasks on urbanization, urban-rural development

Shared by China-Environment-News.com on Facebook BEIJING, March 17 (Xinhua) — China’s top economic planner has unveiled major tasks in promoting new urbanization and integrated urban-rural development in 2022, vowing to deepen reform of the household registration system and help migrant workers better integrate into cities. In deepening reform of the household registration system, cities with a permanent resident population under 3 million should remove all limits on household registration, according to the plan released by the National Development and Reform Commission (NDRC). The renovation of old urban communities will be accelerated, as the country aims to improve the basic living … Continue reading China outlines major tasks on urbanization, urban-rural development

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Why is the US neglected in the global origins-tracing of COVID-19?

In late December 2019, Wuhan, capital city of the Hubei Province of China, was the first to report a pneumonia never seen before that spread rapidly locally. Before that, an unexplained pneumonia, which is also rare, broke out swiftly in the US. Over the past two years, there have been many different theories and assumptions on the origins of the COVID-19 pandemic. The connection between the two bizarre outbreaks in China and the US remains a mystery. What is puzzling is that the World Health Organization (WHO), which has always taken a neutral stance, has adopted a completely different attitude … Continue reading Why is the US neglected in the global origins-tracing of COVID-19?

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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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Why Europe needs to take a hard look at itself

The following article is reproduced from the Asia Times, March 15, 2022.[https://asiatimes.com/2022/03/why-europe-needs-to-take-a-hard-look-at-itself/] By Professor Boaventura de Sousa Santos is Emeritus Professor of Sociology, University of Coimbra (Portugal), and Distinguished Legal Scholar at the University of Wisconsin-Madison. Europe’s leaders did not … Continue reading Why Europe needs to take a hard look at itself

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Chinese company helps build Italian offshore wind farm – first in Mediterranean Sea

A Chinese company has supplied the turbines to help build the first offshore wind farm in the Mediterranean Sea. The wind power plant is based in the southern Italian city of Taranto, once known for environmental woes tied to one of Europe’s largest steel smelters. The “Taranto Off-Shore Project,” includes 10 turbines producing 3 megawatts of power each, to be completed in part with Chinese equipment supplier Ming Yang Smart Energy Group Ltd. According to media reports, the participation of Ming Yang Smart Energy Group Ltd is important because previous supplier, German wind turbine manufacturer Senvion, was unable to supply … Continue reading Chinese company helps build Italian offshore wind farm – first in Mediterranean Sea

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China’s Belt and Road fosters faith in economic cooperation

China’s Belt & Road Initiative (BRI), the world’s largest international cooperation platform with an increasing number of members, is expected to make more contributions to global economic recovery. China’s unwavering efforts to promote joint construction of the BRI will convey … Continue reading China’s Belt and Road fosters faith in economic cooperation

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China to boost forest and grass industries

China aims to boost the annual output of its forest and grass industry to 9 trillion yuan ($1.42 trillion) by 2025, according to a five-year plan released recently by the National Forestry and Grassland Administration. In the next four years, China will establish a relatively complete modern forest and grass industry and build itself into a leader in the international trading of forest and grass products, with annual imports and exports reaching a value of $195 billion by 2025. “Related production, trade and consumption will rely more on the domestic market,” the plan said. “The forest and grass industry will … Continue reading China to boost forest and grass industries

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Chinese scientists explain how bats facilitate virus transmission

KUNMING, March 14 Chinese researchers have found that an immunosuppressive protein concentrated in the bat salivary glands could help the animal facilitate virus transmission. Bats are increasingly considered potential reservoirs of many viruses that cause zoonotic diseases through spillovers to other animals and humans. However, scientists have a limited understanding of the factors contributing to virus shedding from bats. According to researchers from the Kunming Institute of Zoology under the Chinese Academy of Sciences and Army Medical University, bats have a unique set of antiviral immune responses that control virus propagation while limiting self-damaging inflammatory responses. Many studies speculated that … Continue reading Chinese scientists explain how bats facilitate virus transmission

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China builds photovoltaic green hydrogen plant in Xinjiang

In Dec 2021, the China Petrochemical Corporation (Sinopec) launched China’s first 10,000-ton photovoltaic green hydrogen plant in northwest China’s Xinjiang Uygur Autonomous Region on Tuesday, which is expected to produce of 20,000 tons of green hydrogen each year. Sinopec, the largest oil refiner of China, will carry out the world-class project in Kuqa City, Aksu Prefecture in Xinjiang with an investment of nearly three billion yuan (about 470 million U.S. dollars). The hydrogen production project contains five parts — photovoltaic power generation, power transformation, electrolytic hydrogen production, hydrogen storage, and hydrogen transportation. To supply enough electric power for the whole … Continue reading China builds photovoltaic green hydrogen plant in Xinjiang

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United States and European Union are heading for the rehabilitation of fascism

March 4, 2022 Appeal of the Presidium of the Central Committee of the Communist Party of the Russian Federation        These days, trying to avoid a complete defeat, Bandera fascists are taking hundreds of thousands of residents of Ukrainian cities … Continue reading United States and European Union are heading for the rehabilitation of fascism

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