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Tesla and LG Energy Solution Forge $4.3 Billion Battery Partnership in Michigan

Tesla and LG Energy Solution announce a $4.3 billion battery plant in Michigan, focusing on energy storage systems and strengthening the domestic supply chain.

Akur8 Expands into Life and Annuity Market with Strategic Acquisition of Slope Software

Akur8 acquires Slope Software to expand its actuarial AI platform into the Life and Annuity insurance market, creating a unified solution for multi-line carriers.

Independent Bank Acquires HCB Financial in $70.2M Deal, Expanding Michigan Footprint

Independent Bank Corporation to acquire HCB Financial Corp. in a $70.2 million cash and stock deal, expanding its Michigan footprint and enhancing its market position with combined assets of $6.1 billion.

Industries

EU Launches Probe into Goldwind Over Foreign Subsidies; China Cries Protectionism

The European Commission is investigating Chinese wind turbine maker Goldwind over alleged foreign subsidies, sparking criticism from China that the probe is protectionist.

US Intelligence: China Not Planning Taiwan Invasion by 2027, Citing Risks and Preference for Forceful Unification

U.S. intelligence agencies assess that China is not planning to invade Taiwan by 2027, citing significant risks and a preference for peaceful unification, according to the latest threat assessment.

EU Commission Approves Partial Funding for Malta’s Recovery Plan

The European Commission has partially approved Malta's €51.5 million payment request under NextGenerationEU, citing progress in rule of law, green/digital transitions, and healthcare, while noting an unfulfilled tax planning reform milestone.

Tesla and LG Energy Solution Forge $4.3 Billion Battery Partnership in Michigan

Tesla and LG Energy Solution announce a $4.3 billion battery plant in Michigan, focusing on energy storage systems and strengthening the domestic supply chain.

Akur8 Expands into Life and Annuity Market with Strategic Acquisition of Slope Software

Akur8 acquires Slope Software to expand its actuarial AI platform into the Life and Annuity insurance market, creating a unified solution for multi-line carriers.

Xinjiang’s Tourism Revenue Reaches $2.4 Billion Thanks to Booming Ice-and-Snow Tourism

Northwest China's Xinjiang Uygur autonomous region is witnessing a remarkable recovery in tourism in 2022, thanks in large part to the increasing popularity of...

Innovative Approach Developed by Chinese Researchers to Control Waste Transfer Station Odor

Waste transfer stations are essential facilities for managing waste before it is sent to landfills or recycling facilities. However, they often generate a strong...

Chinese machinery giant Sany Group leads Yancheng’s green agenda with new industrial park

Sany Group, the Chinese machinery behemoth, has unveiled the Sany & Zhongding New Energy Building Materials Industrial Park in Yancheng, Jiangsu province, with the...

China’s abandoned makeshift hospitals transformed into long-term rental apartments

In January, the buzz on China's social media platforms centered around the conversion of a makeshift hospital into long-term rental apartments for skilled professionals...

China State Shipbuilding Corporation wins 25% of global PCTC market share with large-scale models

All 17 new orders for pure car and truck carriers (PCTC) worldwide in January were won by Chinese shipbuilders, a feat that may seem...

Glamping in China: A Growing Market Despite Pandemic-Induced Challenges

Glamping became a popular trend in China in 2022, as people sought a way to escape the confines of COVID-19 restrictions and enjoy the...

Sanya’s Tourism Sector Sees Boost as Visitors Flock to “Edges of Heaven, Corners of the Sea”

Sanya, a coastal resort city in South China's Hainan province, is seeing a surge in tourism as visitors flock to Tianya Haijiao, a famous...

China’s total logistics revenues up by 4.7% in 2022

China's logistics industry has maintained a steady growth trajectory in 2022, as per the latest industry report by the China Federation of Logistics and...

China’s Fengning Pumped Storage Power Station: World’s Largest “Power Bank”

Nestled in the hills of Hebei province, China's Fengning Pumped Storage Power Station has become the largest "power bank" in the world, capable of...

Shanghai Airports Experience Surge in Passenger Numbers, Thanks to Optimized COVID Response and Entry-Exit Policies

The COVID-19 pandemic has had a severe impact on the aviation industry worldwide, with passenger numbers plummeting in 2020 due to travel restrictions and...

China’s CR24 Kicks Off Construction of Jiangxi Aviation College Campus

The recent commencement of the construction of the Fuzhou campus of Jiangxi Aviation Vocational and Technical College marks a significant milestone in the advancement...

China Implements Virtual Power Plants to Meet Growing Demand for Clean Energy

China's move towards a more sustainable energy mix has seen a rise in the construction of virtual power plants. These plants use advanced technologies...

China’s Petrochemical Industry Sees 14.4% YoY Revenue Growth in 2022 Despite Profit Dip

China's petrochemical industry experienced mixed fortunes in 2022, with revenue rising significantly but profits declining, according to the China Petroleum and Chemical Industry Federation...

Chinese solar components continue to dominate global market

China has long been recognized as the world's leading manufacturer of solar products and continues to dominate the global solar supply chain, with at...

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