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CCP's Mekong River Belt and Road Projects a Faustian Bargain, Says Expert


CCP’s Mekong River Belt and Road Projects a Faustian Bargain, Says Expert
Renowned expert hydrologist Wang Weiluo has likened Belt and Road deals between countries along the Mekong River and the Chinese Communist Party (CCP) as Faustian bargains, saying that while they bring investment they are deals with the devil that hurt livelihoods.
Speaking to the Hong Kong Epoch Times, Wang said that the dams on the Mekong River are destroying the ecological environment and directly threatening the development of fisheries and the livelihood of tens of millions of fishermen in the Mekong River basin.
His comments come after CCP mouthpiece Xinhua reported that Chinese leader Xi Jinping’s speech to the U.S.-led virtual climate summit was a guideline to build a “human community with a shared future,” while touting seven hydropower stations on the Nam Ou River in Laos built by the CCP as a perfect example. ....

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China Tech Digest: World's Largest COVID-19 Vaccine Workshop Roofed; NIO Enters Norwegian Market – China Money Network


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World’s largest COVID-19 vaccine production workshop is roofed
After 70 days of construction, the main steel structure of No.108 building project (phase III of the COVID-19 vaccine workshop) of China National Biotec Group (CNBG), has been roofed. After the project is completed and put into use, the annual capacity of CNBG’s COVID-19 vaccine will reach 3 billion doses. The facility is the world’s largest vaccine production workshop and the world’s largest high-level biosafety protection workshop.
NIO officially enters the Norwegian market
Chinese EV maker NIO announced Norwegian strategy and officially entered the Norwegian market. It is the first step for NIO to enter markets outside of China. In Norway, NIO will build a complete operation system integrating cars, services, digitization and lifestyle to create a community starting from cars. Norway is currently the country with the highest acceptance and recognition of electric vehicles. Public data ....

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TSMC prioritizes automotive chip supply to ease shortage


TSMC prioritizes automotive chip supply to ease shortage
05/05/2021 06:27 PM
CNA file photo
Taipei, May 5 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world s largest contract chipmaker, said Wednesday that the company has prioritized boosting automotive chip supply in a bid to ease the current global shortage.
TSMC said the top consideration for the company right now is to reallocate production capacity in a bid to increase automotive chip supply to support the global auto industry.
The comments were made after Reuters reported Wednesday that United States Commerce Secretary Gina Raimondo has pressed TSMC and other Taiwanese chipmakers to supply more chips to American automakers. ....

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