Sun noted as all administrative villages have access to asphalt roads, the ministry will ramp up support to make sure all townships and administrative villages have access to bus services to facilitate the country's goal of building a moderately prosperous society in all respects. … [Read more...] about Western China to see boost to transport infrastructure, ministry says
China efforts to reduce pollution
China has sought to use green financing to pay for its transition to cleaner modes of growth, but the previous catalogue allowed it to be raised for the “clean use of coal”, including coal washing plants that remove impurities, and technologies that cut pollution during combustion. … [Read more...] about China excludes clean coal projects from list eligible for green bonds
The daily levels of carbon dioxide emissions in the world have reduced by 17% during the COVID-19 pandemic. A study based on this was carried out by the Global Carbon Project. An international team of scientists said the annual estimate of carbon dioxide emissions is estimated to end up between 4% and 7% lower than 2019 levels.biggest annual drop in such emissions since World War II. It is expected to be at 7% if strict lockdown measures continue. Whereas, it will be 4% if the lockdown is lifted. … [Read more...] about Watch | Global carbon pollution falls by 17%
Sales were down 7.5% in April - better than March - but nowhere near where they need to be for the economy to be running on full cylinders. Many Chinese people are still worried about a second wave of infection, and they're not spending as much as they used to. … [Read more...] about How bad are China’s economic woes?
Strack’s committee helped shape an influential paper by the German BDI industry lobby last year that caused ripples across Europe and in Beijing by arguing for a more clear-eyed stance toward China. Two months later, the EU labeled China a systemic rival. He now sees an opportunity for Europe as “a strong middle partner,” sharing US values while cooperating with China on multilateral solutions. “There is a huge potential in positioning the EU as a stronger global player,” he said. … [Read more...] about Europe reaches a tipping point over China’s Hong Kong gamble