DIRS.INFO The most relevant business & tech news

☆ Chinese cities broil in heat, brace for more record temperatures
▼ + stars: | 2023-05-15 | by ( Bernard Orr | ) www.reuters.com time to read: +2 min

Recently, Yunnan province was gripped with temperatures of more than 40 Celsius, which is especially burdensome for power grids as millions of homes begin to switch on air conditioners. read moreOver the past couple days, Shandong province and Beijing issued heat warnings. Populous cities such as Jinan, Tianjin and Zhengzhou are expected to see temperatures soar to as high as 37 degrees Celsius. The China Meteorological Administration has warned regions to prepare for more extreme heat this year. The World Meteorological Organization's (WMO) latest assessment also predicts the strong likelihood of the El Niño weather phenomenon returning later this year.

☆ These maps show how far China's freight railways are stretching across Asia
▼ + stars: | 2023-05-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — In the last two years, China has announced the opening of new freight train lines, while cross-border railways have become a feature in President Xi Jinping's meetings with regional leaders. Here's a look at where the rail lines are being built across the Asian continent. In the last six months, China also opened freight train lines to Laos, Thailand and Vietnam, according to state media. Those freight lines are in addition to China's relatively older rail network through central Asia — connecting Yiwu in eastern China to London. While it's difficult to verify how operational all the rail lines are, official reports offer a glimpse at how China's Belt and Road ambitions are panning out.

Expressed in terms of annualised run-rates, China's output of 39.9 million tonnes last month was the lowest in a year and down by 1.6 million tonnes from August's record 41.5 million. China's aluminium production is now highly dependent on weather patterns in the south of the country. China's average daily aluminium output and monthly annualised changePRAYING FOR RAINYunnan province accounts for around 12% of China's aluminium capacity and produced 4.2 million tonnes in 2022. WESTERN PRODUCTION FLAT-LINESPrimary aluminium production outside of China was flat year-on-year in the first quarter. WEATHER WATCHHowever, China's dominant position in the global aluminium picture means that it holds the key to future production patterns.

☆ 'The worst is over': Tech investors are bullish on investing in China again
▼ + stars: | 2023-02-07 | by ( Sheila Chiang | ) www.cnbc.com time to read: +5 min

Liu Ranyang | China News Service | Getty ImagesTech investors say the worst is over as China reopens and exits its zero-Covid policy. The firm raised nearly $500 million for a new China tech fund set to close by early this year — more than earlier plans for $400 million. Tech companies see government supportInvestors are not worried of new challenges on the regulatory front. Gobi's Tang said, "I do think that they're going to do everything they can to try to spur the economic growth. "There's still a lot to catch up [in semiconductor tech] for China.

China said last Saturday that nearly 60,000 people with COVID died in hospitals between Dec. 8 and Jan. 12 - a roughly ten-fold increase from previous disclosures. However, that number excludes those who die at home, and some doctors in China have said they are discouraged from putting COVID on death certificates. China's chaotic exit from a regime of mass lockdowns, travel restrictions and frequent COVID testing, has also prompted a run on drugs as people fend for themselves against the disease. To meet soaring demand, drugmakers in China are ramping up operations to triple their capacity to make key fever and cough medicines, the state-run China Daily reported on Thursday. Medical facilities are relatively weak in rural areas, thus prevention is difficult and the task is arduous," Xi said, adding that the elderly were a top priority.

☆ Analysis: U.N. nature deal can help wildlife as long as countries deliver
▼ + stars: | 2022-12-22 | by ( Gloria Dickie | ) www.reuters.com time to read: +5 min

Conservationists praised the deal's ambition, saying it amounted to a Paris Agreement for nature in setting out 23 specific targets against which countries can measure their progress. "This is equivalent to the 1.5 degrees Celsius global goal for climate," said Marco Lambertini, director-general of World Wildlife Fund International. "Otherwise, there is a big risk that the cheapest areas are protected rather than those that matter most for biodiversity." During the talks, delegates discussed whether protected areas should be entirely off-limits to human settlement and development, or if some resource extraction should be allowed if managed sustainably. Canada, one of the world's largest nations, is expanding protected land and marine areas in the Arctic.

Another was the requirement for companies to assess and disclose their impact and reliance on nature, despite the word "mandatory" being dropped from the final deal. While protecting nature comes at a cost, those companies that step up will attract more investors. "The big losers across the board will be 'business as usual'," said Eurasia Group senior analyst Franck Gbaguidi. A body representing some of the world's largest mining companies, including Glencore (GLEN.L) and Newcrest (NCM.AX), said disclosure would lead to a level playing field between sectors. The bill was ultimately calculated at $20 billion per year by 2025 and $30 billion per year by 2030.

Here are some of the key areas agreed on after two weeks of negotiations hosted in Montreal, Canada. CONSERVATION, PROTECTION AND RESTORATIONDelegates committed to protecting 30% of land and 30% of coastal and marine areas by 2030, fulfilling the deal's highest-profile goal, known as 30-by-30. Wealthier countries should contribute at least $20 billion of this every year by 2025, and at least $30 billion a year by 2030. BIG COMPANIES REPORT IMPACTS ON BIODIVERSITYCompanies should analyse and report how their operations affect and are affected by biodiversity issues. This reporting is intended to progressively promote biodiversity, reduce the risks posed to business by the natural world, and encourage sustainable production.

☆ Companies Must Reduce Impact on Biodiversity Under New U.N. Rules
▼ + stars: | 2022-12-19 | by ( Joshua Kirby | ) www.wsj.com time to read: +5 min

Companies will have to show they are reducing their impact on the world’s natural life, though not to a specific level, under a global plan agreed to Monday. Under the agreement—officially called the Kunming-Montreal Global Biodiversity Framework, or GBF—governments between now and 2030 will introduce laws and policy measures requiring large companies and banks to disclose and reduce the damage done to ecosystems from their operations, supply chains and portfolios. The rules aim to take into account the connection between climate and nature, including cultivated and natural biodiversity, deforestation and water use, the ISSB said. Such measures are “critical to addressing the dangerous loss of biodiversity and restoring natural ecosystems,” COP15 organizers said. Even with the framework agreed upon by nations, assessing companies’ biodiversity impact could be a headache.

The Kunming-Montreal Global Biodiversity Framework, reflecting the joint leadership of China and Canada, is the culmination of four years of work toward creating an agreement to guide global conservation efforts through 2030. A Congolese representative argued that developed nations should provide more resources to nature conservation efforts in developing countries. [1/6] The leadership of the U.N.-backed COP15 biodiversity conference applaud after passing the The Kunming-Montreal Global Biodiversity Framework in Montreal, Quebec, Canada December 19, 2022. Developed countries will provide $25 billion in annual funding starting in 2025 and $30 billion per year by 2030. The agreement, which contains 23 targets in total, replaces the 2010 Aichi Biodiversity Targets that were intended to guide conservation through 2020.

☆ Historic biodiversity agreement reached at UN conference
▼ + stars: | 2022-12-19 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +2 min

Negotiators reached a historic deal to protect the world's lands and oceans at a United Nations biodiversity conference Monday. The agreement includes a commitment to protect 30% of land and water considered important for biodiversity by 2030, and has been coined "30 by 30." The deal was reached on the final day of the United Nations Biodiversity Conference, also known as COP15, in Montreal, Canada. We have an agreement to halt and reverse biodiversity loss, to work on restoration, to reduce the use of pesticides," Guilbeault said. 'A floor, not a ceiling'While many see the agreement as progress, some argue "30 by 30" isn't enough in itself to tackle the global biodiversity crisis.

MONTREAL, Dec 19 (Reuters) - A United Nations summit approved on Monday a landmark global deal to protect nature and direct billions of dollars toward conservation but objections from key African nations, home to large tracts of tropical rainforest, marred the final passage. The Kunming-Montreal Global Biodiversity Framework, reflecting the joint leadership of China and Canada, is the culmination of four years of work toward creating an agreement to guide global conservation efforts through 2030. "The parties which are developed nations should provide resources to parties which are developing," the Congolese representative said through a translator. The deal, which contains 23 targets in total, replaces the failed 2010 Aichi Biodiversity Targets that were intended to guide conservation through 2020. Investment firms focused on a target in the deal recommending that companies analyse and report how their operations affect and are affected by biodiversity issues.

☆ Explainer: What the world's nature-rich nations want out of a global conservation deal
▼ + stars: | 2022-12-17 | by ( Gloria Dickie | ) www.reuters.com time to read: +6 min

REUTERS/Nacho Doce/File PhotoMONTREAL, Dec 17 (Reuters) - Tangled expanses of Amazon rainforest, high mountains of the Himalayas, and cloud-shrouded forests are just some of the unique landscapes contained within the world's most nature-rich nations. Governments are trying to work out a new global agreement to guide conservation and wildlife protection through 2030 at a U.N. summit in Montreal this week. Of the nearly 200 countries assembled, five are considered to be among the world's most biodiverse nations — measured in the number of unique species. That's more than a third of all the world’s flowering plants, and more than half of all bird and mammal species on Earth. Here's what some of the world's most nature-rich nations want to happen at the talks.

REUTERS/Rebecca Naden/File PhotoMONTREAL, Dec 6 (Reuters) - Countries are gathering Tuesday for a key U.N. nature conference in Montreal, aiming to broker a new global agreement to protect what's left of Earth's wildlife and natural spaces. Global Land Outlook assessment. Like many other campaigners, Zabey called for "an ambitious, clear and enforceable international agreement" similar to the Paris Agreement on climate change. Unlike the U.N. climate talks, Montreal's summit will see few world leaders, which negotiators say could make it tougher to reach an ambitious agreement. Meanwhile, Montreal police have put up a 3-meter (10-foot) fence around the downtown summit venue, Palais des congrès, and are preparing for thousands of student protesters expected to swarm the Montreal's streets to demand a strong deal to protect nature.

☆ China calls for ambitious, pragmatic biodiversity deal
▼ + stars: | 2022-11-28 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, Nov 28 (Reuters) - China will lead talks to secure an "ambitious and pragmatic" new global pact to preserve biodiversity at a U.N. meeting that begins next week, but implementing the deal remains the biggest challenge, Chinese officials said on Monday. Zhou Guomei, head of the international department of the environment ministry, told reporters that negotiations so far had not been "plain sailing" but focused on an ambitious deal that was "also pragmatic, balanced, feasible and achievable". A previous biodiversity pact signed in Aichi, Japan, in 2010, set 20 targets to try to slow biodiversity loss by 2020. Countries need to "fully consider" the attainability of any new targets, said Cui Shuhong, head of the ministry's natural ecology department. "We should learn fully from the experience and lessons during the implementation of the Aichi targets, not only to boost the ambition and confidence in global biodiversity conservation, but also to be down-to-earth and realistic," he added.

☆ Analysis: COP27 does little for next month's global agenda: nature loss
▼ + stars: | 2022-11-21 | by ( Gloria Dickie | ) www.reuters.com time to read: +4 min

Many environment ministers and campaigners have said the climate talks should underline the importance of protecting nature to help to limit climate change. The "landmark" target of the draft Montreal deal proposes protecting 30% of the world's land and sea by 2030 - known informally as 30-by-30. The world's wildlife crisis is largely driven by habitat loss, with wild spaces turned into agricultural fields and cities, or degraded by pollution. But climate change poses an increasing threat as temperatures climb, pushing species out of their comfortable ranges. It encouraged parties to "consider, as appropriate, nature-based solutions or ecosystem-based approaches" to climate change.

☆ Factbox: China's new elite Communist Party leadership
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Oct 23 (Reuters) - China's Xi Jinping on Sunday secured a third term as leader of the Communist Party and unveiled a new seven-member Politburo Standing Committee, which he heads, that will determine the path of the country's development in the next five years. Below are the personnel elected on Sunday by the Central Committee, the biggest of the party's top decision-making bodies, to the pinnacle of China's political power. General Secretary of the Central Committee:Register now for FREE unlimited access to Reuters.com RegisterXi JinpingStanding Committee of the Political Bureau, or Politburo, of the Central Committee (seven members):Xi Jinping, 69; Li Qiang, 63; Zhao Leji, 65; Wang Huning, 67; Cai Qi, 66; Ding Xuexiang, 60; Li Xi, 66Politburo of the Central Committee (24 members):Ding Xuexiang, Xi Jinping, Ma Xingrui, Wang Yi, Wang Huning, Yin Li, Shi Taifeng, Liu Guozhong, Li Xi, Li Qiang, Li Ganjie, Li Shulei, Li Hongzhong, He Weidong, He Lifeng, Zhang Youxia, Zhang Guoqing, Chen Wenqing, Chen Jining, Chen Miner, Zhao Leji, Yuan Jiajun, Huang Kunming, Cai QiCentral Military Commission Chairman:Xi JinpingCentral Commission for Discipline Inspection Secretary:Li XiRegister now for FREE unlimited access to Reuters.com RegisterReporting by Albee Zhang and Ryan Woo; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

☆ China shuffles leadership committee and retains many Xi allies
▼ + stars: | 2022-10-22 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

BEIJING — China announced Saturday its new central committee would include many known allies of Chinese President Xi Jinping, while several officials with more market-leaning tendencies were not on the list. That central committee then goes on to determine the core leadership — the Politburo and its standing committee. Four of the current seven members of the Politburo standing committee were not on the list. Li Qiang, Shanghai's party secretary, and his Beijing counterpart Cai Qi remained on the central committee list. Other Xi loyalists the Asia Society had identified were included in the list of new central committee members.

☆ China's top leaders are set for a reshuffle. Here are the names to watch
▼ + stars: | 2022-10-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +8 min

China's top leadership team around President Xi Jinping is set to change this month at a twice-a-decade congress. One of the most closely watched changes in the political reshuffle is the future of Premier Li Keqiang, who turned 67 this year. However, he could remain a standing committee member, JPMorgan analysts said, pointing to a precedent at the 15th party congress. Huang Kunming — Politburo member and head of China's propaganda department, who worked closely with Xi in the provinces of Fujian and Zhejiang, the report said. Yang Jiechi, a 72-year-old Politburo member and director of the party's central committee foreign affairs office, is widely expected to retire.

☆ Housing might be struggling in China but there are green shoots in commercial property
▼ + stars: | 2022-09-13 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +7 min

Commercial property is a bright spot in Chinese real estate, in contrast with the doom and gloom of the residential housing market. Likewise, property group CIFI Holdings posted a 23% year-on-year drop in home sales in China for the first half, but reported a 69.5% lift in its property investment revenue. While some investors sold assets to stay liquid, Spiro said the commercial sector generally has more supportive government and fiscal policies. All in all, the Chinese commercial property sector's resilience lies in its ability to rebound faster than its residential counterpart. Down but not outBut unlike housing, the commercial sector is rebounding particularly after lockdowns ended and government incentives kicked in, CBRE said.

☆ Cutremur cu magnitudinea de 5,1 în China; Peste 2699 de locuințe avariate
▼ + stars: | 2021-06-11 | by ( ) www.jurnal.md time to read: +1 min

Sursa foto: reuters.comCutremur cu magnitudinea de 5,1 în China; Peste 2699 de locuințe avariateDouă persoane au fost rănite şi 2.669 de locuinţe au fost avariate în urma unui cutremur cu magnitudinea 5,1, produs joi seară în provincia Yunnan din sud-vestul Chinei, au anunţat vineri dimineaţă autorităţile locale, informează agenţia Xinhua. Seismul a avut loc în regiunea Shuangbai din prefectura Chuxiong Yi, joi, la ora locală 19:46. Locuitorii din Shuangbai au declarat că mişcările telurice au fost puternice, însă seismul nu a durat mult, notează Xinhua. Seismul a fost resimţit şi în capitala provinciei, Kunming. Guvernul local a alocat 1 milion de yuani (aproximativ 156.600 de dolari americani) şi a mobilizat 3.420 de persoane pentru ajutorarea victimelor şi îndepărtarea dărâmăturilor.

Persons: Seismul Locations: China, Yunnan, Chinei, Shuangbai, Chuxiong

☆ IMAGINI SPECTACULOASE cu cei 15 elefanți migratori din China, care se odihnesc după călătoria de 500 km (FOTO)
▼ + stars: | 2021-06-08 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Celebra turmă de elefanți migratori din China s-a oprit pentru o odihnă, după o călătorie lungă de deja 15 luni, departe de habitatul lor natural. Autoritățile au mobilizat resurse masive pentru a monitoriza turma și a ține animalele uriașe departe de zonele rezidențiale. Imaginile surprinse din drone îi arată pe elefanți culcați în pădure, odihnindu-se după călătoria lor lungă și istovitoare. - elefanții se îndreaptă acum spre rezervația din care au plecat în urmă cu 15 luni)”, a declarat un oficial pentru presa chineză, citată de The Guardian. O săptămână mai târziu, doi elefanți au părăsit grupul, astfel că au mai rămas 15 în aventura către nord.

Persons: drona Organizations: Kunming, Guardian Locations: China, Yunnan

☆ China: O turmă de elefanţi a distrus lanuri întregi de porumb pe un traseu de 500 de kilometri (VIDEO)
▼ + stars: | 2021-06-02 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

O turmă de 15 elefanți a provocat distrugeri în sud-vestul Chinei, mâncând lanuri întregi de porumb și spărgând hambare. Animalele au plecat dintr-o rezervație naturală în aprilie și au parcurs până acum 500 de kilometri, relatează The Guardian, citat de digi24.ro. Nu se știe de ce elefanții asiatici sălbatici, o specie protejată în China, s-au îndepărtat de rezervația naturală națională Xishuangbanna din provincia Yunnan, în care trăiau. Călătoria lor de sute de kilometri a fost monitorizată de autorități, care încearcă să împiedice elefanții să intre în zonele rezidențiale. Populația de elefanți sălbatici din Yunnan este de aproximativ 300 de animale, în creștere față de 193 în anii 1980, potrivit agenției Xinhua.

Organizations: Marți Locations: Chinei, China, Xishuangbanna, Yunnan, Kunming

☆ O turmă de elefanți scăpată dintr-o rezervație a făcut ravagii pe o rază de 500 kilometri, în China
▼ + stars: | 2021-06-02 | by ( ) www.jurnal.md time to read: +1 min

Sursa foto: descopera.roO turmă de elefanți scăpată dintr-o rezervație a făcut ravagii pe o rază de 500 kilometri, în ChinaO turmă de 15 elefanți a provocat distrugeri în sud-vestul Chinei. Animalele care au plecat dintr-o rezervație naturală în aprilie și au parcurs până acum 500 de kilometri. Nu se știe de ce elefanții asiatici sălbatici, o specie protejată în China, s-au îndepărtat de rezervația naturală națională Xishuangbanna din provincia Yunnan, în care trăiau. Călătoria lor de sute de kilometri a fost monitorizată de autorități, care încearcă să împiedice elefanții să intre în zonele rezidențiale. Populația de elefanți sălbatici din Yunnan este de aproximativ 300 de animale, în creștere față de 193 în anii 1980, potrivit agenției Xinhua.

Organizations: Marți Locations: China, Chinei, Xishuangbanna, Yunnan, Kunming

Search resuls for: "Kunming"

24 mentions found