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EAST CHINA


It's now cheaper to switch from coal to renewables instead of coal to gas, report shows

Record-high coal and gas prices have pushed prices up for consumers and businesses alike, but there could be a silver lining.

cnbc.com

How the Russia-Ukraine crisis could hit China's trade

China's trade surplus could narrow to $238 billion this year – about 35% of the historic $676 billion attained last year, according to ANZ Research estimates.

cnbc.com

China sets GDP target of 'around 5.5%' for 2022

China announced a gross domestic product growth target of "around 5.5%" for 2022, as an annual parliamentary meeting gets underway.

cnbc.com

China's retail sales grow by 3.9% in November — slower than expected

China's retail sales missed expectations in November, while industrial production beat, the National Bureau of Statistics said Wednesday.

cnbc.com

'The crisis is not yet over': Omicron variant could deal another blow to supply chains

Just as it appeared like the crisis was beginning to stabilize, the industry may now face yet another blow: the new omicron Covid variant.

cnbc.com

Op-Ed: How U.S.-China ‘competition’ could lead both countries to disaster

Both sides would incur massive losses if their rivalry intensifies, untempered by any sense of shared interests, and leads to war.

latimes.com

Apple makes a new play for small businesses, taking on Google and Microsoft

Apple's new service is targeted at businesses with under 500 employees.

cnbc.com

China's zero-Covid strategy will cause its economy to slow down further, economist warns

China's economic growth has slowed as a major energy crisis hits production, dragging down industrial activity.

cnbc.com

Bitter cold causes more flooding concerns along St. Clair River

EAST CHINA, Mich. – A State of Emergency was declared in Saint Clair County due to the flooding along its titular river -- and ongoing cold weather is expected to bring more ice jams, causing more flooding concerns for residents. The National Weather Service has issued a Flood Warning for southeastern Saint Clair County until 10 a.m. Tuesday. The jam forced the St. Clair River to overflow, causing water to surround the homes nearby. READ: Ice jams cause significant flooding along St. Clair River“Came right over the top. More information on the survey can be found on the Be Ready St. Clair County website here or its official Facebook page here.

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State of Emergency declared in St. Clair County due to flood damage

ST. CLAIR COUNTY, Mich. – A State of Emergency was declared in Saint Clair County due to the flooding along its titular river. Ice jams have caused the Saint Clair River to flood significantly. The State of Emergency was declared due to widespread damages to property caused by the flooding. Citizens who are impacted by flooding to their properties are encouraged to utilize the online self-reporting survey to catalogue and report damage. More information on the survey can be found on the Be Ready St. Clair County website here or its official Facebook page here.

Coast Guard ice breakers deployed to St. Clair River to relieve flooding

EAST CHINA TOWNSHIP, Mich. – Three Coast Guard ice breakers from the United States and Canada have been working on the St. Clair River trying to break up ice dams. Homes along Pointe Drive in East China Township are affected. Those homes do not have basements but crawl spaces and if the water doesn’t recede soon, will be in people’s living rooms. READ: Ice jams cause significant flooding along St. Clair RiverSt. Clair County Emergency Director Justin Westmiller said the cause is a trifecta -- strong north winds, no ice bridge has formed in Lake Huron and all that ice has dumped into the river. “We got on the phone and by 3 p.m., we had federal assets from the U.S. and Canada speeding to the St. Clair River to break up the ice.”A fourth Coast Guard ice breaker will arrive Thursday morning.

Ice jams cause significant flooding along St. Clair River

ST. CLAIR COUNTY, Mich. – Ice jams along the St. Clair River caused significant flooding in Algonac to Port Huron Tuesday and Wednesday. Pieces of ice collect and dam off the river, causing it to back up. What was uncommon was the typical help used to prevent the St. Clair River from spilling over wasn’t available, causing damage all along the river. READ: Homes impacted by flooding along St. Clair RiverPumps were turned on Wednesday and by noon, the water receded at least a foot. Two ice breaking ships -- U.S. Coast Guard’s Bristol Bay and Canadian cutter The Griffon -- have been conducting operations to ease the flooding.

China is planning to launch at least 3 rockets from the sea this year

China is looking to make full use of its newly-developed capability to launch from sea platforms with at least three such missions planned for 2021. China first tested sea launches with a Long March 11 solid rocket in June 2019, sending seven satellites into orbit from a floating launch pad in the Yellow Sea. A second successful sea launch of a Long March 11 rocket was carried out in September 2020, this time with nine satellites. Now, having also built new production and testing facilities on the coast of Shandong province in East China, the country is seeking to boost sea launches of the Long March 11. "We have overcome all the technical problems concerning different launching modes, including land- and sea-based launches," Li said.

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