New Delhi, April 24 (IANS) Europe is losing its strategic autonomy as it is getting increasingly dependent on Chinese factories for goods, even for the Green Transition in energy that it is aiming for, according to an article.The article in Brussels Signal highlights that China now controls 80 per cent of the world’s solar panels, 75 per cent of the batteries, and 70 per cent of the electric vehicles, which represents “a total monopoly on the energy and mobility of the next generation”.”This i…
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New Delhi, April 21 (IANS) India’s economy is projected to expand by 6.4 per cent in 2026 and 6.6 per cent in 2027, a new United Nations (UN) report has said.The report from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said that economies in South and South‑West Asia grew 5.4 per cent in 2025, up from 5.2 per cent in 2024, driven largely by India’s strong growth of 7.4 per cent in 2025.The report further stated that robust rural consumption, goods and servic…
New Delhi, April 11 (IANS) China’s push to become a global supplier of renewable energy technology is drawing sharp criticism from Africa, South Asia and Latin America, alleging Chinese solar panels, wind turbines and batteries to be low‑quality and poorly suited to local conditions, a new report has said.The report from Nepal Aaja also argued that these projects are also tied to financing that creates long‑term dependencies.”China’s financing model typically ties loans to technology imp…
New Delhi, March 2 (IANS) Price wars are taking a heavy toll on China’s corporate sector as profits are being sharply eroded in the fierce competition to grab a share of the dwindling market pie amid excess production capacity. This is also resulting in the dumping of cheap Chinese goods in overseas markets.Intense, cutthroat competition is forcing companies to slash prices relentlessly, even when they can’t cover their costs, according to an article published in The Wire China Podcast.In ma…
New Delhi, Jan 22 (IANS) Rapidly declining costs of electrotech like solar panels and batteries have unlocked a new energy path for countries like India that did not exist a decade ago when China was expanding its power sector.In 2004, when China crossed 1,500 kWh of electricity use per capita, coal generation was about ten times cheaper than nascent solar photovoltaics (PV). This led to coal accounting for nearly 70 per cent of the growth in China’s electricity generation over a decade.In con…
New Delhi, Jan 3 (IANS) The road transport ministry has proposed a new system to give electric vehicle batteries a unique identification number, similar to Aadhaar, to improve tracking, safety and recycling. The move is aimed at ensuring complete traceability of batteries from manufacturing to final disposal.Under the draft guidelines issued by the ministry, every battery producer or importer will be required to assign a 21-character Battery Pack Aadhaar Number, or BPAN, to each battery introduc…