The global electric vehicle (EV) battery market is expected to grow from $17 billion to more than $95 billion between 2019 and 2028. With increasing demand to decarbonize the transportation sector, companies producing the batteries that power EVs have seen substantial momentum. The Elements … Continue reading World’s top 10 EV battery makes are all Asian
September 14, 2022 Middle East Briefing reports: Egypt and Qatar have been granted Dialogue Partner status of the Shanghai Cooperation Organization (SCO) following the admission procedure launched in September 2021 at the Dushanbe summit. “On September 14, 2022, in Tashkent, in preparation for the summit of the Shanghai Cooperation Organization, a ceremony of signing memoranda on granting the status of the SCO dialogue partner to the Arab Republic of Egypt and the State of Qatar was held.” the ministry said. The documents were signed by SCO Secretary General Zhang Ming, Egyptian Deputy Foreign Minister Hamdi Sanad Loza and Qatar’s State … Continue reading Egypt, Saudi Arabia & Qatar join Shanghai Cooperation Organisation as ‘Dialogue Partners’
September 19, 2022 Middle East Briefing reports: Iran is seeking to launch a direct train route to China within the framework of the Shanghai Cooperation Organization (SCO), the Director General of Commercialization and Associations Affairs Bureau at the Iran Ministry of Roads and Urban Development Amin Taraffo has stated. Iran joined the SCO as a full member last week. Taraffo said that the route will contribute to further strengthening of relations among Iran and SCO member countries in the field of cargo transportation and transit. The main terminus of the route from Tehran will be China’s Shanghai, on its east … Continue reading Iran planning direct railway link from Tehran to Shanghai
The EU should have been better prepared for its green energy transition, the Russian president says. The EU’s decision to slash natural gas imports while trying to reach climate goals was a mistake, President Vladimir Putin said on Monday during an environmental forum in Kamchatka in Russia’s Far East. “First, they (EU) jumped ahead, and then, after cutting off Russian gas supplies, returned everything that was reviled,” Putin stated. He emphasized that all nations are in favor of reducing emissions into the atmosphere, noting however that everything should be done in a timely manner. “And if you jump ahead, get … Continue reading Ditching Russian gas no way for EU to reach climate goals – Putin
Investment by Chinese companies in Brazil more than tripled in 2021, returning to pre-Covid pandemic levels and making the country the main destination for Chinese capital last year. After a lukewarm performance in 2020, operations such as Tencent’s investments in fintechs and startups such as Nubank, QuintoAndar and Cora, as well as billionaire investments by Chinese oil companies in the Santos Basin have increased. Also noteworthy was the purchasing of the power transmission company in Rio Grande do Sul by State Grid and of the Mercedes-Benz plant in Iracemápolis (SP) by Great Wall Motors. According to a report by the … Continue reading Brazil Becomes China’s Main Investment Destination
First world countries are the main polluters, but it’s the poor who foot the bill, the Pakistan climate minister said. Pakistan’s minister for climate change described global warming as “the existential crisis,” adding that Pakistan has contributed less than 1% to greenhouse gas emissions. She also accused the first world countries of breaking their promises on fighting climate change. “We all know that the pledges made in multilateral forums have not been fulfilled”, she stressed. Sherry Rehman, climate minister Rich countries, which are responsible for the bulk of greenhouse emissions, should pay reparations to developing economies as the latter bear … Continue reading BRI participant Pakistan issues climate reparations demand
The English-language website of China News Service reports: – China’s special envoy for climate change, Xie Zhenhua, speaking at an official forum on 30 August in Beijing, that China will maintain its climate change strategy and continue to promote carbon … Continue reading China to maintain climate change strategy
In November 2019 the Ministry of Ecology and Environment of the People’s Republic of China published a report titled China’s Policies and Actions for Addressing Climate Change. The stated aim of the report was to help “interested people fully understand … Continue reading China’s Policies and Actions for Addressing Climate Change
VIENTIANE — Thailand’s Transport Ministry is working with its Malaysian partner to develop a high-speed rail (HSR) network that will connect four member countries of the Association of Southeast Asian Nations (Asean) and China, according to a media report. The … Continue reading Thailand and Malaysia plan rail network to connect ASEAN countries with China
The following was originally published by the Global Times on 19 May 2022. GT Editor’s Note: While the global situation has been under the shadow of the pandemic and the geopolitical conflicts, current bilateral relations, trade and investment cooperation between China and Indonesia is bucking the trend, with China consolidating its position as Indonesia’s largest trading partner for nine consecutive years, and bilateral trade volume in 2021 increasing by nearly 60 percent year-on-year. China’s investment in various fields in Indonesia have seen a substantive growth. Major cooperation projects, including the Jakarta-Bandung High-Speed Railway Project, the “Two Countries Twin Parks” program … Continue reading Synergy between China’s BRI and Indonesia’s GMF (Global Maritime Fulcrum) sees 60% trade growth