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Thailand consider nuclear power with China

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Thailand has ambitions to adopt nuclear power in the next two decades and is building ties with China, according to Anantaporn Kanjanarat, the country’s minister of energy.

“We have been sending our personnel to receive trainings from the countries which have nuclear technology and consider making investment in Thailand. They give us the opportunity to join their seminars and trainings on many issues regarding nuclear”, he said, referring to China and parts of Europe.

Thai delegates have also been to visit Japan to study the industry, including issues of public acceptance.

Antantaporn said one of Thailand’s power producers has a small stake in a nuclear energy project in China, which would help co-operation prospects if Thailand does take up the nuclear option. In January this year, Ratchaburi Electricity Generating Holding announced it would invest 7.5 billion baht ($210 million) in a nuclear plant in China.

Thailand has not yet however firmly committed to a nuclear power programme, but it has issued a power development plan (in 2015) that envisages a 1 Gigawatt nuclear power plant online by 2035, and another the year after. The minister said the objective is to diversify fuel sources and mitigate risk, although public acceptance and feasibility are considerable hurdles to overcome.

Nuclear Power Plant Schematic

RELATED: Thailand may face gas shortage in 2020-2021.

Concerning traditional energy, the minister said…

The investor trying to put money into Real Estate in China should positively consider the financial and political background and legal frame supplied by numerous publications. Nearly the entire giant fund corporations have a fund that’s designed for publicity to the expansion of Real Estate in China and other Asian countries.

By early 2016, the Chinese government introduced a series of measures to increase property purchases, including lower taxes on home sales, limiting land sales for new development projects, and the third in a series of mortgage down payment reductions

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News Update: China’s Stimulus Falls Short; Sensex and Nifty Decline; Bitcoin Surges Over $82,000

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Asian markets showed mixed trends amid China’s stimulus measures and disappointing inflation data. Meanwhile, Indian equities remained stable, with mutual fund inflows rising. Bitcoin surged following Trump’s presidential win.


Business Hook Daily News Podcast

Good evening! Welcome to Business Hook’s daily news podcast. I’m Avni Raja, and today is November 11, 2024. Let’s dive into the day’s top business stories.

Market Reactions and Economic Data

Asian markets experienced a mixed session as investors digested new economic data and stimulus measures from China. The Chinese government announced a $1.4 trillion package targeting local government debt, although analysts deemed it underwhelming. October’s inflation rate of 0.3% fell short of estimates and declined for the second month in a row. As a result, the CSI 300 saw a slight gain, while Hong Kong’s Hang Seng dropped over 1.5%. In India, the Sensex closed below 74,500, and the Nifty ended above 24,100, with a majority of Nifty stocks declining.

Mutual Fund Inflows and Upcoming IPOs

There’s encouraging news in the mutual fund sector, with October seeing net inflows of 2.4 lakh crore rupees, reversing the previous month’s outflows. Record equity inflows have risen to nearly 42,000 crore rupees, reflecting robust domestic investor confidence. In the IPO space, LG Electronics prepares to raise $1.5 billion by listing its Indian arm, with banks like Axis Capital involved in the process, potentially leading to an IPO as early as 2025.

Cryptocurrency Surge

In cryptocurrency news, Bitcoin has achieved new highs, surpassing $82,000. This surge is attributed to Donald Trump’s recent presidential victory, which has favored cryptocurrencies compared to more cautious Democratic approaches. Experts speculate that Bitcoin could surpass $90,000 soon. That’s all for today’s wrap-up. Join us again tomorrow, and check out the Business Hook YouTube channel for more updates.

Source : News Wrap | China Stimulus Disappoints; Sensex & Nifty Slip; Bitcoin Soars Past $82,000

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Henry Keswick: The Jardine Scion Who Transformed China’s Business Landscape

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Henry Keswick, 86, a key figure in Jardine Matheson, passed away as the U.S. awaited election results, amid heightened tensions in U.S.-China relations during Trump’s presidency.


Henry Keswick’s Legacy

HONG KONG — The world turned its attention to the U.S. presidential election as news broke of Henry Keswick’s passing at the age of 86. A fourth-generation member of the British conglomerate Jardine Matheson, Keswick had a profound influence on the company, which has deep roots in Asia.

Navigating Challenges

Keswick’s leadership spanned significant challenges, including a strained relationship between the U.S. and China, particularly as Donald Trump prepared for his return to the White House. Under his stewardship, Jardine Matheson navigated a complex landscape in retail and real estate that dovetailed with geopolitical shifts.

A Lasting Impact

His contributions to Jardine Matheson and the broader business community have left an indelible mark. As companies reposition themselves amidst evolving international dynamics, Keswick’s legacy will undoubtedly continue to shape the future of the conglomerate he led.

Source : Henry Keswick, the Jardines scion who razed then restored China business

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Faurecia Relocates Electronics Headquarters from Japan to China – Automotive News

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Faurecia relocates its electronics business headquarters from Japan to China, signaling a strategic shift to enhance operational efficiency and strengthen its presence in the growing Chinese automotive market.


Faurecia’s Strategic Shift

Faurecia has announced the relocation of its electronics business headquarters from Japan to China. This move is aimed at enhancing the company’s presence in a rapidly growing market for automotive technologies. By shifting its base, Faurecia intends to optimize operations and better serve its clientele across Asia.

Strengthening Market Position

The decision is part of Faurecia’s strategy to consolidate its resources in regions where electric and hybrid vehicle demand is soaring. As China leads the global automotive market in innovative technologies, the relocation will allow Faurecia to align its efforts with industry trends and consumer needs.

Future Aspirations

With this strategic shift, Faurecia aims to drive innovation and expand its production capabilities in China. The company expects this decision to create new growth opportunities and help solidify its competitive edge in the evolving automotive landscape.

Source : Faurecia moves headquarters of electronics business from Japan to China – Automotive News

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