American electric vehicle and clean energy company, Tesla on Wednesday (local time) have been asked by the National Highway Traffic Safety Administration to recall some 158,000 Model S and Model X vehicles that could suffer from failing display consoles.
Trade relations between Africa and Asia, especially China, increase the prosperity of African countries, according to the Kiel Institute China Initiative.
During the peak phase of the corona pandemic, Chinese exports of critical medical goods such as protective masks went primarily to economic and political partners. Chinese companies were able to push through drastic price increases against industrialized countries.
As a result of a “failure” to prevent or immediately contain the outbreak in Beijing, several local officials were removed from office. China has now deployed 100,000 responders in the city to support the response activities.
The international balance of power in innovation is shifting. When it comes to world-class patents in important cutting-edge technologies, China is catching up fast or has already overtaken the United States in some areas thanks to its much greater dynamic.
China may struggle to meet its climate pledges this year as it turns to heavy industry and carbon-intensive projects to shore up its coronavirus-stricken economy, government researchers and analysts say.
China’s levels of some air pollutants have risen back to above last year’s levels after dropping when the government imposed strict lockdown measures to contain the coronavirus pandemic, according to a study.
European stock markets and oil prices fell on Monday as a spat between top U.S. officials and China over the origin of the coronavirus fuelled fears of a new trade war, derailing a rebound in global markets.
China’s government has started asserting tight control over COVID-19 research findings.
Travel restrictions to prevent the spread of the disease have idled much of the world’s second-largest economy and choked key elements of President Xi Jinping’s signature Belt and Road Initiative (BRI).
Some tour operators in Europe are cancelling trips to China and offering customers refunds for bookings as concerns grow about the spread of the new flu-like virus, triggering a rout in major travel and airline stocks.