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How China Got So Dominant in Cars and Solar

The New York Times 

Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.



Biden sharply hikes US tariffs on Chinese chips, cars & other items worth billions

Economictimes.indiatimes.com 

President Joe Biden announced a significant increase in tariffs on various Chinese imports, including electric vehicles and medical products, to address what the White House deems unfair trade practices. The move aims to bolster U.S. economic security but risks straining relations with Beijing ahead of the upcoming election.

World shares little changed ahead of US inflation data - Reuters

Sports - Google News (us) 

  1. World shares little changed ahead of US inflation data  Reuters
  2. Asia-Pacific markets mixed as investors assess inflation data from India and Japan  CNBC
  3. Stock market today: Asian shares mixed in muted trading after Wall Street barely budges  The Associated Press
  4. Five Things You Need to Know to Start Your Day: Asia  Bloomberg
  5. Asian stocks skittish amid mixed China cues; earnings, US CPI awaited  Investing.com

Himachal's hydro project leaked in test phase too, experts demand moratorium on new projects

Economictimes.indiatimes.com 

A 25-megawatt Lambadug hydroelectric project in Himachal Pradesh has suffered leakage during its test phase, causing significant damage to property in Multhan village. The team found muddy water from the leaking penstock affected around 80 families and demanded a complete moratorium on new projects of 25 MW and above capacity. The project, executed by Megha Engineering Infrastructure Limited, is one of 40 projects in different stages of commissioning, construction, and planning on the Beas river and its tributaries.





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