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US pressures Iran by targeting Hong Kong, UAE firms

The US on Thursday imposed sanctions on Kong Kong-based and Emirati companies, as well as a network of Iranian firms that help export the country’s petrochemicals, a step that might raise pressure on Tehran to revive the 2015 Iran nuclear deal.
The US Department of the Treasury said it had imposed penalties on two companies based in Hong Kong, three in Iran and four in the United Arab Emirates (UAE), as well as on Chinese citizen Gao Jinfeng and Indian national Mohammed Shaheed Ruknooddin Bhore.
“The United States is pursuing the path of meaningful diplomacy to achieve a mutual return to compliance ....

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Hong Kong Based 'Gree' Opens Its First Outlet In Srinagar, Launches Lowest Power Consuming Air Conditioners


Hong Kong Based ‘Gree’ Opens Its First Outlet In Srinagar, Launches Lowest Power Consuming Air Conditioners
Hong Kong Based ‘Gree’ Opens Its First Outlet In Srinagar
Gree a fortune 500 multinational brand is the largest manufacturer of air conditioners having annual manufacturing capacity of 60 million Ac’s in the residential sector and 5.5 million in the industrial segment worldwide, the company said in a statement.
Gree is so much into air conditioners that 1 in 3  air conditioners sold worldwide is made by Gree.
“All GREE machines are 100% copper. Due to extreme weather conditions of Kashmir, Gree has specially imported Hong Kong manufacturer air conditioners to fulfill the requirements of Kashmir’s harsh weather and these machines are designed to work at -35 to 54 degree Celsius. The company is introducing premium products that will consume the lowest electricity than any other ac brand,” ....

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