China’s CNPC to get another 51B cubic meters of Turkmen gas

[ad_1] China National Petroleum Corporation (CNPC) will receive up to 51 billion cubic meters of gas from Turkmenistan in exchange for assistance to increase production at the Galkynysh field, Report informs. CNPC Chuanqing Drilling Engineering Company Limited has won a tender to construct three new wells at a giant gas field according to the international… Continue reading China’s CNPC to get another 51B cubic meters of Turkmen gas

Flood death toll in China’s Henan province rises to 63

[ad_1] The death toll from heavy rainfall flooding in central China’s Henan province has risen to 63, and five more are still missing, local authorities said at a press briefing, Report informs. Previously, the authorities announced 58 dead and five missing. According to updated data, 11.45 million residents of the province suffered varying degrees of… Continue reading Flood death toll in China’s Henan province rises to 63

Flights canceled as typhoon approaches China’s Guangdong

[ad_1] More than 200 flights have been canceled in south China’s Guangdong Province as Typhoon Cempaka approaches. Report informs, citing Xinhua, that China’s national observatory has renewed an orange alert for Typhoon Cempaka, the seventh typhoon this year, which is forecast to make landfall on the coast of Guangdong on Tuesday afternoon. By noon on… Continue reading Flights canceled as typhoon approaches China’s Guangdong

China’s GDP up 7.9% after growing by 18.3% in Q1

[ad_1] China’s GDP grew by 7.9% in Q2 from the same period last year, after increasing by 18.3% in Q1. A high comparison base conditioned the slowdown in the second quarter. Report informs, citing Prime, that economists expected the economic growth to slow down starting from the second quarter, and this tendency will continue until… Continue reading China’s GDP up 7.9% after growing by 18.3% in Q1

EU decides to develop alternative to China’s ‘New Silk Road’ project

[ad_1] The European Union plans to develop a new strategy to promote infrastructure development in other countries. It should become an alternative to the Chinese initiative of the so-called “New Silk Road,” which is officially called “One Belt, One Road.” Report informs, citing Deutsche Welle, that the EU foreign ministers made the relevant decision at… Continue reading EU decides to develop alternative to China’s ‘New Silk Road’ project