BEIJING, July 3 (Liberal Tribune) – China’s has introduced its greatest extra-high voltage (EHV) power line Xinhua.
Linking the eastern province of Anhui and the far western area of Xinjiang, state-backed Xinhua News published on Tuesday.
Also Read: Gold gains as renewed global trade worries boost safe haven sentiment.
The scheme plans to help meet rising power requirement in industrialized eastern regions and decrease the quantity of misused electricity in the west.
The 3,324-km (2,065-mile) broadcast line, with the current of 1,100 Kilovolt (kV), is planned to transmit 66 billion kilowatt-hours (kWh) of power a year, high voltage power line Xinhua informed.
Most of the power transmitted through the line will come from the Zhundong coal-fired voltage plant in northern Xinjiang, which has invested power generation ability of 28 gigawatts (GW).
The perfect storm is coming — Market analysis of the global economic instability.
As said, potentially, we could assist to a strong parabolic uptrend if the price crosses the new resistance of $11,800 and only, in that case, we can confirm that bulls will take the reins again.
It now takes 7.0507 yuan to buy a dollar.
The fallout was because China attacked the United States on the foreign exchange markets against Donald Trump’s threat of a new 10% rate on $ 300 billion of Chinese goods starting from September 1st.
At writing time, President Donald Trump has just tweeted as follow.
During the conference he often stressed on the concept that, in his opinion, monetary policy has done a lot to support the euro area and it will continue to do but if the Eurozone continues with this deteriorating outlook, fiscal policy will become very important in the business cycle that is very low since euro area real GDP increased by 0.4%, quarter on quarter, in the first quarter of 2019.
China Tech Investor is a weekly look at China’s tech companies through the lens of investment.
Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues affecting the macroeconomy and the stock prices of China’s tech companies.
Make sure you don’t miss anything.
Check out our lineup of China tech podcasts.
Check us out on iTunes or Spotify!
In this episode, recorded August 2nd, 2019 hosts Elliott Zaagman and James Hull look at Bilibili (Nasdaq: BILI).
Snapchat is trying to come up with the new tactics to allure the more users after WhatsApp gone a hit by cloning its story feature.
This quarterly report isn't satisfying for the Snapchat and the company knows the key to make a comeback in the market.
This time the American company is trying to go through the hardware feature and in talks to buy drone maker Zero Zero Robotics.
A couple of months back the Snapchat bought the Zenly for $250 million, which is the highest amount spent by the company to date.
The Zero Zero Robotics is best known for its Hover Drone camera which is built to take the aerial selfie.
The drone was launched in October last year and the Apple sold it for $500 through both online channels and retail stores.
