A team of researchers chinese has developed a method to create protein using methanol derived from coal in order to satisfy the growing demand for animal feed. This is the first time that protein production from coal is economically viable, explained Professor Wu Xin of the Tianjin Institute of Industrial Biotechnology, Chinese Academy of Sciences. […]
Tag: China
Vice president of Evergrande subsidiary arrested; shares fall 6%
The electric vehicle subsidiary of the indebted giant chinese real estate Evergrande announced today the arrest of its CEO and Vice President Liu Yongzhuo for “suspicions of illegal crimes”. In a statement sent to the Hong Kong Stock Exchange, where it is listed, the company does not offer details about the nature of the alleged […]
Former director of Chinese state oil company CNPC arrested for accepting bribes
The Supreme People’s Prosecutor’s Office of China today ordered the arrest of Xu Wenrong, former CEO of China National Petroleum Corporation (CNPCacronym in English), for alleged acceptance of bribes. According to a statement from the Prosecutor’s Office, Xu He was detained by the authorities after an investigation carried out by the National Supervision Commission, the […]
China launches maritime trade route that will reduce travel time to Latin America: with which countries?
The Asian country announced this itinerary that will revolutionize the commercial flow between South America and said world power. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Friday, January 5? What banks offer loans from S/1,000 with the DNI as the main requirement? In […]
Looking ahead to 2024, how will China improve the lives of its population?
The definitive objective of China is to offer a better life to the people, declared Chinese President Xi Jinping during his New Year speech delivered on Sunday in Beijing to welcome 2024. “Our children must be well cared for and receive a quality education. Our young people must have the opportunity to develop their careers […]
Manufacturing in China registers third consecutive month of contraction
A survey of factory managers in China shows that manufacturing contracted in December, the latest sign that the world’s second-largest economy world still weak. The official Purchasing Managers’ Index (PMI) fell to 49 last month in what officials said was evidence of weak demand, the US Treasury reported on Sunday. National Statistics Office. It was […]
The FTA between China and Nicaragua comes into force after raising the level of their relations
He FTA (FTA) between the People’s Republic China and Nicaragua It came into force this Monday, January 1, two years after both countries reestablished their diplomatic relations and two weeks after raising them to the level of “strategic partnership.” The FTA between the Asian giant and the Central American country, signed on August 31, 2023, […]
In New Year’s speech, Chinese president talks about reunification with Taiwan
During his televised speech New Yearthe Chinese president Xi Jinping said that China “will surely be reunited” with Taiwan, renewing Beijing’s threats to seize the autonomous island it considers its own. Taiwan split from China amid a civil war in 1949, but Beijing still views the island of 23 million people with its high-tech economy […]
China’s central bank to intensify monetary adjustments, drive price increases
The central bank of China said on Thursday it would step up macroeconomic policy adjustments to support the economy and promote a rebound in pricesamid signs of growing deflationary pressures. The People’s Bank of China (PBOC) will maintain reasonably ample liquidity and guide reasonable credit growth, it added in a statement after a quarterly meeting […]
Mexico targets Chinese steel imports with new tariffs
Mexico announced on Thursday a tariff of almost 80% on some steel imports, following criticism from local producers that Chinese steelmakers have strangled their production. Countervailing duties apply to some Vietnamese exports of cold-rolled steel sheets, although if the groups can prove that the merchandise comes from a country other than Chinaare exempt from the […]