Page-5 of China Current Affairs, GK & News

World Bank- East Asia and Pacific Economic Update

April 7, 2022

The growth forecasts for the Pacific and East Asia have been lowered by the World Bank in its latest economic update. The forecasts have been lowered to 5 per cent from 5.4 per cent that was forecasted in October 2021. Overview: The World Bank has also warned that growth could slow to 4 per cent ..

Month: 

Category: 

Topics:  •

AUKUS: Collaboration on Hypersonic Weapons

April 7, 2022

Australia, Britain, and the United States will begin collaborating on increasing defence capacity and hypersonic missile strikes keeping in mind that their rivals China and Russia are advancing rapidly in cutting-edge defence technology. Overview: The trio announced their collaboration on hypersonic missiles as an expansion of the recent defence alliance of AUKUS. Under this defence ..

Month: 

Category:  •

Topics:  • • • • • • •

World’s Biggest Electric Cruise Ship

April 1, 2022

The largest electric cruise ship in the world has returned back to port in Yichang in central Hubei province, China after traveling up and down the Yangtze River for its maiden voyage. Overview: This cruise ship has been powered by a 7,500-kilowatt-hour massive-sized marine battery. This battery has been provided by Contemporary Amperex Technology, the ..

Month: 

Category: 

Topics:  •

U.S.: USD 52 Billion Chips Bill

March 30, 2022

The U.S. Senate gave its approval to a bill for providing USD 52 billion in the U.S. as subsidies for the manufacturing of semiconductor chips. The procedural vote of 68-28 returns the legislation to the House of Representatives, starting a lengthy process that will eventually lead to a formal process known as a “conference,” in ..

Month: 

Category:  •

Topics:  • • •

China Security Deal with Solomon Islands

March 25, 2022

Leaked papers have revealed the drafting of a security deal of China with the Solomon Islands. This move has triggered an alarm in the neighbouring country of Australia along with its other Western allies. Overview: The leaked papers regarding this deal have highlighted that a military base could be set up by China on the ..

Month: 

Category: 

Topics:  • • •

Uganda Oil Deal

February 3, 2022

The Chinese and French oil giants have signed an agreement to build a huge oil pipeline in Uganda. The companies are to exploit the oil resources of the country. This has fumed the environmentalists. What is the deal all about? The National Offshore Oil Corporation of China and the Total Energies of France are to ..

Month: 

Category:  •

Topics:  • • • • • •