A BRICS Chart. BRICS is an acronym for the emerging economies of Brazil, Russia, India, China and South Africa. The term was coined in 2001 by economist Jim O’Neill in his report, Building Better Global Economic BRICs. O’Neill predicted that the fast-growing BRICs countries would collectively dominate the global economy by 2050. Russia, India and China are among the world’s ten largest economies. All five countries are members of the G20, […]
China overtakes France to become world’s second-largest nuclear energy producer. China recently approved the construction of six more nuclear reactors, cementing its status as the world’s fastest-growing nuclear power producer. Despite only starting to develop the technology in the mid-1980s, decades later than some other major economies, China is expected to have the world’s largest nuclear fleet by 2030. Electricity generation from nuclear power plants has already increased nearly fourfold in the […]
Time to acknowledge China’s economic power. The statistical evidence clearly shows that China is the world’s number one economy. Unfortunately, the US and many commentators are unwilling to acknowledge that reality, but future stability depends on acceptance that we are living in a multipolar world. How big is China’s economy today compared to America’s? Despite the regular descriptions of China as “the second biggest economy in the world”, the statistical […]
The Malacca Dilemma and China’s energy security. In November 2003, then Chinese President Hu Jintao described China’s energy situation as subject to the “Malacca Dilemma”. Hu was referring to the lack of supply line alternatives and their vulnerability to a naval blockade. Hu Jintao said that “certain powers have all along encroached on and tried to control navigation through the [Malacca] Strait.” Clearly, “certain powers” referred to the United States […]
The Malacca Dilemma and China’s energy security. In November 2003, then Chinese President Hu Jintao described China’s energy situation as subject to the “Malacca Dilemma”. Hu was referring to the lack of supply line alternatives and their vulnerability to a naval blockade. Hu Jintao said that “certain powers have all along encroached on and tried to control navigation through the [Malacca] Strait.” Clearly, “certain powers” referred to the United States […]
If more countries join BRICS at its next summit in Johannesburg it could set the stage for a more equitable and democratic world order. The next BRICS Summit, to take place in Johannesburg, South Africa, from Aug 22 to 24, is expected to mark a major step forward in its development and global impact. The group was established in 2010 by four countries, Brazil, Russia, India and China, which were […]
Introduction by Friends of Socialist China Following is the editorial from the daily UK socialist newspaper, The Morning Star, published on 7 August 2023. Although the editorial deals with the current hysteria in the UK political establishment over “spying” by Chinese made electric vehicles, most of the commentary is equally applicable to most other Anglo-American media. The newspaper has been a strong supporter of China’s building its unique path to […]
Modern agricultural equipment is helping the ancient farming method of rice ratooning make a comeback in east China. New China TV Ratoon rice technology: A green and resource-efficient way for rice production Ratoon rice refers to the production of a second rice crop from the stubble after the harvest of the main crop, is considered a green and resource-efficient rice production system. Chinese scientists are comprehensively evaluating the performance of […]
The development of the China’s offshore renewable energy made a leap forward in mid-June 2023 as the country’s first independently developed megawatt-scale floating wave energy generation device “Nankun” began trial operations in Zhuhai, Guangdong province. The event signals the application of China’s cutting-edge megawatt-scale wave energy generation technology in practical engineering, injecting fresh impetus into the country’s offshore new energy development, experts said. According to China Southern Power Grid, the device’s […]
The world’s largest green hydrogen project, which generates hydrogen from solar and wind renewables without emitting carbon dioxide, produced its first batch of “green hydrogen” in June 2023 at Ordos, Inner Mongolia Autonomous Region in north China. The green hydrogen process employs electrolysis from electricity generated from solar and wind energy to decompose water into hydrogen and oxygen, without emitting carbon dioxide. China Petrochemical Corp (Sinopec) commenced construction in February […]
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