China accuses U.S. of 'panic' over rare earths, open to trade talks

China accuses U.S. of ‘panic’ over rare earths, open to trade talks

China on Thursday accused the U.S. of creating “panic” over Beijing’s controls on rare earth minerals, but indicated it is open to trade talks to resolve a dispute that has threatened to reignite a trade war between the world’s two largest economies. “The US interpretation seriously distorts and exaggerates China’s measures, deliberately creating unnecessary misunderstanding…

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Jim Cramer sees brewing risk to stock market that is not US-China tensions

Jim Cramer sees brewing risk to stock market that is not US-China tensions

Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….

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Global energy race: China outpaces US in green technology

Global energy race: China outpaces US in green technology

China is currently outpacing the United States in the global energy export race, not with oil or gas, but with clean energy technologies, News.Az reports, citing Bloomberg. While the US focuses on selling fossil fuels, China has been steadily increasing its exports of electric vehicles, solar panels, batteries, and other carbon-cutting products. According to the news…

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With rotor the size of 7 soccer pitches, China builds biggest floating wind power system

With rotor the size of 7 soccer pitches, China builds biggest floating wind power system

China has assembled the world’s largest single-unit floating offshore wind power system as it accelerates efforts to expand its marine economy and clean energy industry. Assembly of the 16-megawatt system has been completed in Beihai, in South China’s Guangxi Zhuang autonomous region, Science and Technology Daily reported on Wednesday. All of its key parts, from…

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