Drought roiling China’s already evaporating economy

China’s southwestern Sichuan province offers extended its manufacturer shutdowns to Thursday night due to an one-month-long heatwave and drought, tagging the latest big worldwide supply chain interruption to emanate through the crisis-hit country. Foreign manufacturers including Apple and Toyota as well as Chinese solar power product cell makers had originally planned in order to resume production on Sunday […]

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Viiyong seeks lead in crucial auto and smartphone component

Chinese electronic parts opportunity Viiyong has raised 2 billion yuan (US$295 million) in a Series B (second round) share problem intended to finance r and d, and mass manufacturing of multilayer ceramic capacitors (MLCCs) designed for automotive applications on two new factories. Viiyong already offers the Chinese auto, smart phone and other industries. Chinese language investment banks CITIC […]

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BRI vs PGII spoils Asia for infrastructure choice

Since the launch at the Number of Seven (G7) summit in June 2022, the Partnership for Global Infrastructure plus Investment (PGII) continues to be met with both interest and skepticism. Facilities development has been a perennial bane for building countries, whose capability to face challenges ranging from urbanization to climate change is constrained by limited sources. […]

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Philippines sees China as ‘best option’ for 3 rail projects 

Right after some initial learning curves, the Philippines seems poised to continue dealing with China to build 3 major railways. The particular Department of Transport said last week that will Beijing remains the particular country’s “best choice. ” Manila earlier tapped its big neighbor to construct the Mindanao, Philippine National Railways (PNR) Southern Long Haul and Subic-Clark rail lines. However , the […]

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