December 2, 2022
A worsening spread of Covid in China could flip food and energy markets this winter, curtailing demand at a time when consumption is normally rising. The use of coal and gas is largely dependent on industrial demand for electricity, which will slow if the government continues to impose tighter restrictions on businesses. Oil markets will
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Air Force of Russia and China took part in joint military exercises in the Asia-Pacific region, the Russian Defense Ministry said on Wednesday. “The Russian Air Force and the Air Force of the People’s Liberation Army of China conducted another joint air patrol in the Asia-Pacific region,” the ministry said in a statement. According to
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The Philippines must find a way to explore for oil and gas in the South China Sea even without a deal with ChinaPresident Ferdinand Marcos Jr. said on Thursday, emphasizing his country’s right to develop energy reserves in disputed waterway “For us, this is important, so we need to fight (for what is ours) and
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COMMENT: Hi Marty!!It looks like “China as a parking lot for cash” has already begun. FXI is going to the moon lately despite C&Co. cutting off his economic leg to hide behind his troubles and accuse the damned protesters of recklessness, by golly. One thing I’ve learned from you over the years is that when
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But soured relations with an increasingly unpredictable Beijing, regret over the price Europe has paid for getting too close to Russia, and rising geopolitical tensions have left some EU officials wondering if the bloc should start to reduce its influence. A lot has happened since the EU president, appointed by the leaders of the 27
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UK on Tuesday ousted China General Nuclear from building its new Sizewell C power plant, further severing contentious economic ties with the world’s second-largest economy. The CGN announcement came a day after Prime Minister Rishi Sunak warned that the “golden era” of UK-China relations was “over”, adding that Beijing posed a “systemic challenge” to Britain’s
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China is completing the world’s largest array of solar telescopes with a 1.9-mile-wide ring of 313 dishes that will look DIRECTLY at the sun and study how its behavior affects the Earth. China has completed construction of the world’s largest array of solar telescopes in southwest China’s Sichuan province. The Daocheng Solar Radio Telescope (DSRT)
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The author is a fellow at the American Enterprise Institute and an advisor to Gallos Technologies. Now that 5G, or fifth generation mobile telephony, is rolling out around the world, the race for 6G is on. This competition is not only for technology, but also for geopolitical influence. China’s economic and political power has grown
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While Chinese authorities may gradually lift restrictions in March, the zero-Covid policy is starting to undermine global confidence in the country’s industrial supply chains, said Li Daokui, Mansfield Freeman professor of economics at China’s Tsinghua University. In the short term, supply chains will be largely unaffected as factories are still operating even if consumption is
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Good morning. This article is a local version of our FirstFT Newsletter. Subscribe to our Asia, Europe/Africa P America edition to receive it straight to your inbox every weekday morning Chinese health authorities yesterday blamed local authorities for how they handled the coronavirus outbreaks as Beijing distanced itself from the crisis following unprecedented protests against
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