U.S. blacklists 5 Chinese firms for allegedly helping Russian military

Russia 06/30/22, 03:37

Washington on June 28 included five Chinese companies on a trade blacklist for allegedly associating with the Russian military during the Ukraine war. The five Chinese firms the U.S. Commerce Department named were Connec Electronic Limited, King Pai Technology Company Limited, Sinno Electronics Company Limited, Winninc Electronic, and World Jetta (Hong ...

Belt and Road Initiative: retreat from Russia, focus on Central Asia

Russia 06/15/22, 00:50

According to analysts, because of the changing geopolitical issues, China would divert its infrastructure and investment program away from its close peer Russia and focus more on Central Asian countries. The Washington Post reported on June 2 that Moscow has been pushing for Beijing to fulfill its "no limits" partnership promises ...

China: the world’s largest electricity producer continues to import Russian electricity

Russia 06/12/22, 02:06

According to statista.com, China is the world's largest electricity producer so far, with nearly 7.8 trillion  kilowatt-hours generated in 2020.  However, due to the economy's rapid growth, the amount of electricity available is insufficient to fulfill manufacturing demands. The electricity consumption in China was about 8.31 trillion kilowatt-hours in 2021, a year-on-year ...