Day: September 3, 2023

The biggest Chinese companies are far out in front of their US and European peers when it comes to generating income from solar, wind, nuclear and other types of renewable energy. Companies that make up the S&P 500 produce just 3.4 per cent of their revenue from clean-energy sources, which is roughly half of what companies on the Shanghai Composite Index earn, according to BloombergNEF (BNEF). Chinese companies such as solar leaders Longi Green Energy Technology and Tongwei are benefiting from the nation’s dominant position in the clean energy supply…

Chinese and British scientists examining the climatic effects of the Tibetan Plateau may have tracked the source of an ancient Chinese legend about dogs barking at the sun. For centuries, people in southeastern China have accepted that spring in their part of the world is a long, cloudy period. Some ancient Chinese literature even reported perennial mountain clouds in the region. But until recently the underlying causes of the seasonal phenomenon were not clear in the science community. 01:49 Subtropical forests may have been on Tibetan Plateau 47 million years…

Wang Yiwei, an European affairs expert at Renmin University, said: “[Italy] didn’t really want to quit. It just wanted to send a message to the United States. “This has been talked about for more than a year … This is because it still wants to get some more benefits from China.” China urges Italy to play constructive role in relations with Europe When Meloni visited Washington in July, she agreed to work with the US to strengthen ties in the face of the “challenges posed by China”. Advertisement Wang said…

China’s economy has entered a “new new normal” triggered by a declining population and weak confidence in its post-Covid recovery, a noted policy adviser has warned, calling for systemic reforms to bring growth back on track for the world’s No 2 economic power. “We have been talking about China entering a new normal with a shrinking population since over a decade ago … and have for the first time recorded a decline in population growth last year,” Cai Fang, a prominent labour economist at the Chinese Academy of Social Sciences…

It remains a mystery who headed or attended the meeting, and no details have been revealed about when or where it took place or what was discussed. The secrecy surrounding the commission is likely to continue, according to observers, who said they expect Beijing to keep quiet about future science and technology strategies amid growing geopolitical tensions and an intensifying tech rivalry with the US. Advertisement Analysts pointed to a wide range of factors behind Beijing’s secrecy, including worries about policy pressure from Washington, fears about espionage and potential links…