China’s Social Credit System

China's central bank sold cash deposits at 2%, the lowest on record, pressured by reductions in deposit rates at commercial lenders and market expectations of more monetary easing. The People's Bank of China (PBOC) sold 60 billion yuan ($8.35 billion) worth of finance ministry one-month deposits 75 basis points lower…

China's top economic planner released a set of new policy guidelines on Monday to support private investment, as part of a drive to rekindle entrepreneurial spirit amid faltering growth. Beijing will look to revitalize private investment and encourage private capital to participate in major national projects, the National Development and…

Despite possessing 60% of the world's highest quality solar resources, Africa only has 1% of global solar power capacity, with about 600 million people lacking access to energy as of 2021. Numerous obstacles, including limited finance, inadequate policies, infrastructural issues, and a lack of technical expertise, impede the development of…

By ZeroHedge - Jul 21, 2023, 1:00 PM CDT Bloomberg: China and Russia are "testing their joint combat capability via the exercise” China and Russia are 'answering' recent US-Japan drills with provocative military exercises of their own. Last month both countries conducted joint air patrol over the Seas of Japan…

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry. July 21, 2023 OPIS The Chinese Module Marker (CMM), the OPIS benchmark assessment for modules from China, rose to $0.168/W, in a week…

Chinese President Xi Jinping meets with former U.S. Secretary of State Henry Kissinger at the Diaoyutai State Guesthouse in Beijing, capital of China, July 20, 2023. (Xinhua/Huang Jingwen) BEIJING, July 20 (Xinhua) -- Chinese President Xi Jinping met with former U.S. Secretary of State Henry Kissinger at the Diaoyutai State…

A new China strategy was originally promised in the power-sharing agreement adopted by Germany’s new coalition government in December 2021. Since then, defining Germany’s approach to China has become a major point of friction for the coalition, which consists of three parties — the SPD, the FDP, and the Greens.…

Former secretary of state Henry Kissinger, the 100-year-old who was at the heart of the United States’ rapprochement with China half a century ago, said during a surprise visit to Beijing that the two countries must learn to coexist peacefully and avoid confrontation. Kissinger met Chinese Defense Minister Li Shangfu…

China dominates the global green energy market as the largest producer of renewable energy. It has a strong presence in sectors like electric vehicles (EVs), energy storage, and smart grids. China’s control over supply chains, including processing capacity and critical technologies, is vital for the green transition. The country’s commitment…

This photo taken on June 6, 2023 shows China's first domestically-built large cruise ship "Adora Magic City" in east China's Shanghai. (Xinhua/Ding Ting) SHANGHAI, July 17 (Xinhua) -- China's first domestically-built large cruise ship, the "Adora Magic City," left port in Shanghai on Monday for the start of its trial…