• Chinese Ministry Expresses Optimism in China’s Automotive Sector in 2019

    Chinese Ministry Expresses Optimism in China’s Automotive Sector in 2019

    According to the recent report of China Daily US, the Ministry of Industry and Information Technology, China’s top industry regulator, said on Wednesday that it is optimistic about the nation’s automotive sector in 2019, with demand from small cities expected to grow while more old car models will exit the market this year.

  • World Bank Warns of ‘Darkening Skies’ for Global Economy

    World Bank Warns of ‘Darkening Skies’ for Global Economy

    BBC World Economics recently reported that the World Bank is warning of increasing risks, or what it calls “darkening skies”, for the world economy. In its annual assessment of global prospects the Bank predicts continued, though somewhat slower, growth this year and next.

  • Hongqi Makes debut at CES, showcases cutting-edge smart cabin

    Hongqi Makes debut at CES, showcases cutting-edge smart cabin

    Accroding to the recent report of China Daily Europe, China FAW Group’s premium brand Hongqi is the country’s first and oldest luxury marque, with its first model in 1958 hailed as the start of China’s car industry.

  • Equinor Acquires Offshore Wind Lease Outside Massachusetts

    Equinor Acquires Offshore Wind Lease Outside Massachusetts

    World’s leadering wind energy giant Equinor has made the official announcement that the firm has submitted a winning bid of USD 135 million for lease OCS-A 0520, during the online offshore wind auction concluded today by the US Department of the Interior’s Bureau of Ocean Energy Management.

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