Two China New Energy Firms Eye $2 Billion in HK IPOsChina Huaneng Group Corp and Datang Corp, the country’s top power producers, plan to float shares of their renewable energy units in Hong Kong in offerings that could raise over $2 billion, sources close to the deals said on Tuesday, reported Reuters.
The deals are unfolding as China aggressively develops its renewable energy sector and the [...]
AU Says must Replace Western Partners with ChinaThe African Union said on Saturday Africa must turn ever more to China for its development because conditions and checks often stalled the flow of funds from Western nations and the World Bank, reported Friday’s Reuters.
Maxwell Mkwezalamba, the AU’s economic chief, said Africa must end its reliance on Western money.
« We need to diversify our partners [...]
China’s Yuguang Says Kimberley Investment ApprovedYuguang Gold and Lead, a Chinese maker of nonferrous and precious metal products, said on Wednesday that it had won Australian government approval to invest in the country’s Kimberley Metals Ltd, reported Reuters.
Yuguang said in April that it planned to buy a 15 percent stake in Kimberley and would pay A$5 million ($4.4 million) for [...]
A multi-function thresher is a kind of grain processing equipment that is made up of a variety of components found in both a harvester and a thresher. This means that a multi-function thresher makes the processing of the grains a lot faster. Instead of using one machine for the harvesting and another for the threshing process, a multi-function thresher is able to provide both. What the laborer would just need to do is to change the function of the thresher through a control keypad.
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