China is preparing to set up its first centrally run enterprise dedicated to resource reuse and recycling, with President Xi Jinping calling for redoubled efforts to promote the green economy. A founding ceremony for the China Resources Recycling Group was held in the northeastern city of Tianjin on Friday, according to state news agency Xinhua. … Read more
“Unfortunately, there has been no political progress and in fact the fighting in Myanmar has worsened,” said Mr Wong. Noting that the conflict is really a domestic situation, he said: “We have to be realistic about what ASEAN can do, and at the same time, patient and steadfast in pursuing efforts towards peaceful resolution.” He … Read more
Neil Amin-Smith Neil Amin-Smith | Frazer Harrison/Getty Images for GLAAD He’s a former popstar who’s now the main adviser on financial services policy for Chancellor Rachel Reeves. Neil Amin-Smith, the ex-violinist of chart-topping band Clean Bandit, is the key political person in the Treasury for City policy and for the party’s investment ambitions. He also … Read more
Japanese automaker Honda will make a $15-billion electric vehicle investment in Ontario to build four new manufacturing plants in the province, Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced Thursday. According to a government statement released to media in advance of the announcement, the deal will result in “Canada’s first comprehensive electric vehicle … Read more
China is ready to roll out new rules to bring down some of the barriers faced by foreign companies, Premier Li Qiang told global business leaders in Beijing on Sunday. Addressing the China Development Forum, Li said Beijing would create more opportunities for global investors through macroeconomic policy, urbanisation, industrial upgrades and the transition to … Read more
Along with the massive recent manufacturing investments in electric vehicle (EV) technology and talks of a greener, decarbonized future, there are some not-so-green problems. In its latest New Energy Finance report, Bloomberg News predicts there will be some 730 million EVs on the road by 2040. The year before, Bloomberg predicted half of all U.S. vehicle sales would be battery electric by 2030. … Read more
