Chinese companies rush into battery-swap business

EV Charging Station of Xpeng.

With more cities releasing policies on new energy vehicle battery swapping, the sector is expected to usher in a boom and better support the development of NEVs.

Earlier this month, Chongqing in Southwest China released their NEV battery swapping pilot plan, saying that the city will set up more than 200 battery-swap stations and promote more than 10,000 NEVs capable of battery swapping by 2023.

Read more: Chinese companies rush into battery-swap business

China's policy bank provides 197.3 bln yuan in green loans in Q1

Joint debut of low-carbon bank card in Guangdong province on May 2^nd 2022.

The China Development Bank, one of the country's policy banks, has provided 197.3 billion yuan (29.8 billion U.S. dollars) in green loans in the first quarter of the year.

Read more: China's policy bank provides 197.3 bln yuan in green loans in Q1

China's power consumption likely to rise 5-6 pct in 2022

China's power consumption is expected to rise between 5 percent and 6 percent in 2022, according to a report from the China Electricity Council.

Uncertainties such as the COVID-19 epidemic both at home and abroad, international situations and temperatures in the summer and the winter will affect the country's power consumption, the report said.

Read more: China's power consumption likely to rise 5-6 pct in 2022

Luosifen sales soar demonstrating economic resilience

Luosifen, an iconic dish from the southern Chinese city of Liuzhou and known for its pungent smell, registered remarkable growth in sales and exports despite global economic uncertainties and resurgences of COVID-19 infections.

The smelly yet tasty dish, listed as an intangible cultural heritage of Guangxi in 2008, is made from pickled bamboo shoots, dried white radish, fried peanuts, fried tofu skins and served in a spicy noodle broth flavored with river snails.

Read more: Luosifen sales soar demonstrating economic resilience

Shadeed Abdulmateen Got Death Sentence in China for Killing Ex-Girlfriend

U.S. national Shadeed Abdulmateen has been sentenced to death for the 2021 murder of his former Chinese girlfriend near a bus stop, a court in east China announced on Thursday.

According to the Ningbo Intermediate People’s Court in Zhejiang province, the American citizen met his victim, a 21-year-old woman identified only by her last name Chen, in early 2019. Abdulmateen “falsely claimed to be divorced and single,” before gradually establishing a relationship with Chen.

Read more: Shadeed Abdulmateen Got Death Sentence in China for Killing Ex-Girlfriend

China's passenger car sales up 8% in Nov 2020

The sales volume of China's passenger cars in November reached 2.08 million, up 8 percent year-on-year, yicai.com reported citing data from the China Passenger Car Association on Tuesday.

"The sales showed a low-to-high trend this year," said Cui Dongshu, secretary-general of the CPCA, noting retail sales were mainly impacted by the coronavirus pandemic and an early Spring Festival. But the market had maintained robust growth since July.

Read more: China's passenger car sales up 8% in Nov 2020

China absorbs 38.4% of Namibia's exports in October

China maintained its position as Namibia's main export market, absorbing 38.4 percent of all goods, ahead of South Africa in the second place which absorbed 13.9 percent, according to country's monthly statistics figures released Wednesday.

The composition of goods exported remained the same mainly comprising of minerals such as non-ferrous metals, metalliferous ores and metal scrap, non-metallic mineral manufactures, as well as non-monetary gold, said Namibia Statistician Agency Statistician-General Alex Shimuafeni.

Read more: China absorbs 38.4% of Namibia's exports in October

Huawei 'disappointed' over ruling in Meng Wanzhou case

Huawei Technologies Co expressed disappointment over a Canadian court's ruling over its chief financial officer Meng Wanzhou, and the company said it will continue to stand with Meng in her pursuit of justice and freedom.

The company released a statement saying "Huawei is disappointed in the ruling today by the Supreme Court of British Columbia. We have repeatedly expressed confidence in Meng's innocence."

Read more: Huawei 'disappointed' over ruling in Meng Wanzhou case

Forest fire kills 19 in China

The forest fire had taken place in the same Liangshan Prefecture in 2019, at that time 27 firemen and 3 locals were killed, above is the photo taken on the1st of April 2019.

A forest fire in southwestern China has killed 19 people who were fighting the blaze and hundreds of reinforcements have been sent in as nearby residents are evacuated, officials and state media report.

The area threatened by the fire in Sichuan province is thinly populated, but there was no estimate on how many people were leaving the evacuation zone.

Read more: Forest fire kills 19 in China

China's virus-hit Wuhan gradually revives

A BorgWarner factory in Caidian E-develop Zone of Wuhan city.

Shopkeepers in the city at the centre of the virus outbreak in China are reopening but customers have been scarce after authorities lifted more of the anti-virus controls that kept tens of millions of people at home for two months.

"I'm so excited, I want to cry," said a woman on Monday on the Chuhe Hanjie pedestrian mall who would give only the English name Kat.

Read more: China's virus-hit Wuhan gradually revives

LETTER FROM THE PRESIDENT: Experience of South Africans in Wuhan demonstrates effectiveness and necessity of lockdown

The story of our South African returnees from Wuhan should give us encouragement and hope in the difficult weeks that lie ahead.

Dear Fellow South Africans,

As we begin the first full week of the nationwide lockdown to combat the coronavirus pandemic that is devastating the world, we are grateful for good news that brings us joy and hope at this difficult and uncertain time.

Read more: LETTER FROM THE PRESIDENT: Experience of South Africans in Wuhan demonstrates effectiveness and...

'They are completely intertwined': Tentative signs of recovery in China help some Canadian companies weather COVID-19 storm

The construction site at Jiedaokou Station of the 2nd stage of Wuhan Subway Line 8 March 22, 2020.

One night in late January, Canadian Jacob Cooke found himself in Jiangsu province in China, desperately trying to find seats on a plane leaving the country and promising his brother, Joseph, he’d make it to Vancouver.

For more than a decade, they had run a business called WPIC Marketing + Technologies with an ocean between them, helping brands from Canada and, eventually, all over the globe launch e-commerce operations in China.

Read more: 'They are completely intertwined': Tentative signs of recovery in China help some Canadian...