Chinese companies are primed to capitalise on a vast global wave of investment in clean energy infrastructure in the coming decades, as they are able to deploy solutions at a scale and cost that few can match, analysts said. With China already rolling out green technologies – from wind and solar power to electric cars and batteries – at a massive scale domestically, its firms have the resources and know-how that other countries need to reduce their reliance on coal-fired power plants and gas-guzzling vehicles, they added. “There’s going to…
Month: March 2026
Chairman of China’s second-largest liquor producer under corruption probe
Zeng Congqin, 57, chairman and party secretary of the state-owned liquor giant, is suspected of serious violations of party discipline and law – a typical reference to corruption – the provincial anti-corruption body, Sichuan Discipline Inspection Commission, announced on Saturday night. Zeng is being investigated by authorities in Yibin, a major city in the southwestern province where the group is based. Advertisement The Shenzhen-listed liquor maker said in an exchange filing on Saturday that Zeng was being held and that the firm had received notices from authorities. The company said…
Why Chinese team’s flexible organic battery could change the face of wearables
Chinese scientists have developed a flexible and safe organic lithium-ion battery that could be suitable for use in wearable electronics and in extreme conditions. The breakthrough stems from an innovative organic cathode material that enables efficient and stable performance across an extreme temperature range, from far below freezing to as hot as 80 degrees Celsius (176 degrees Fahrenheit). Conventional lithium-ion batteries typically use inorganic minerals such as lithium cobalt oxide or lithium iron phosphate as cathode materials. Their production costs depend on available mineral resources, and they pose safety risks…
Japanese retailers wrestle with Chinese tourist boycott
Tokyo’s diplomatic feud with China threatens to undermine the tourist boom that boosted Japanese retailers such as Uniqlo, Muji and Don Quijote and helped reshape their business models. Chinese visitors to Japan, the second-biggest cohort, plunged 61 per cent in January compared with the same month a year ago. This followed a slide of 45 per cent in December, bringing the first overall fall in tourists travelling to the country in four years, according to official data. The decline in Chinese visitors meant the amount they spent in Japan in…
South Korea prepares to open door to foreign workers to cope with shortages
Ahmed Kawsar is hard at work, cutting plastic as it rolls off huge machines in a factory that produces packaging for food products in Icheon, about 60km south of Seoul. The 32-year-old migrant worker, who was a schoolteacher in his native Bangladesh, earns about Won2.8mn ($1,900) a month including overtime, about 70 per cent of which he sends back home. “You can’t earn this much money in Bangladesh,” he said. Kawsar is one of about two dozen foreign employees at Yusung Pack & Design, most of them from Bangladesh or…