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Thailand consider nuclear power with China

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8 years ago

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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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Democrat Claims Musk is Undermining Spending Bill Due to China Restrictions – The Hill

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7 hours ago

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December 22, 2024

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A Democrat claims Elon Musk influenced the reduction of a spending bill due to its restrictions on China, suggesting his actions impacted the legislation’s progress and funding allocation.

Allegations Against Musk

A prominent Democrat has accused Elon Musk of deliberately sabotaging a significant spending bill in response to China-related restrictions. This accusation comes amid ongoing tensions between the U.S. and China, particularly regarding technology and trade policies. The claims suggest that Musk’s influence is affecting critical legislative processes, raising concerns among lawmakers about foreign influence in American politics.

Implications for Legislation

The potential ramifications of Musk’s alleged actions could be significant. As a major player in the tech industry, his decisions can sway public opinion and impact the economy. Lawmakers fear that if influential figures like Musk oppose necessary legislation, it might hinder efforts to address vital issues such as national security and economic stability.

Political Reactions

The controversy has sparked debates among both Democrats and Republicans, highlighting the intersection of technology and politics. Many are demanding greater transparency and accountability from tech giants. As the situation unfolds, lawmakers may need to reassess their strategies to ensure that essential legislation moves forward uninterrupted.

Source : Democrat accuses Musk of tanking spending bill over China restrictions – The Hill

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Business

HSBC Chairman to Head Key UK Business Delegation to China

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2 days ago

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December 20, 2024

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HSBC Chairman Mark Tucker will lead a UK business delegation to China next month to boost trade and investment, amid concerns over national security and improving UK-China relations.

HSBC Chairman Leads UK Delegation to China

HSBC Chairman Mark Tucker will lead a pivotal British business delegation to China next month, marking the first significant visit since 2018. The trip aims to enhance Chinese investment in the UK, guided by Chancellor Rachel Reeves. Tucker, a seasoned financier with extensive Asia experience, is regarded as essential in resetting UK-China relations.

Reviving Economic Dialogue

Tucker will accompany senior bankers in seeking to rejuvenate trade, specifically focusing on financial services. Although there are apprehensions among some UK lawmakers regarding national security threats posed by closer ties to Beijing, the UK Treasury spokesperson confirmed Chancellor Reeves’ upcoming discussions on economic cooperation in Beijing.

A Shift in UK-China Relations

Since suspending most dialogues following China’s imposition of a national security law in Hong Kong, UK-China relations have soured. Nevertheless, the Labour government is prioritizing improved ties with China, emphasizing investment opportunities. Reeves asserts the necessity of a pragmatic approach to benefitting national interests amid ongoing concerns voiced by some lawmakers about security risks.

Source : HSBC Chairman to lead pivotal UK business delegation to China

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Business

Gordonstoun Severs Connections with Business Led by Individual Accused of Espionage for China

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4 days ago

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December 18, 2024

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Gordonstoun school severed ties with Hampton Group over espionage allegations against chairman Yang Tengbo. He denies involvement and claims to be a victim of political tensions between the UK and China.

Allegations Lead to School’s Decision

Gordonstoun School in Moray has cut ties with Hampton Group International after serious allegations surfaced regarding its chairman, Yang Tengbo, who is accused of being a spy for the Chinese government. Known by the alias "H6," Mr. Tengbo was involved in a deal that aimed to establish five new schools in China affiliated with Gordonstoun. However, the recent allegations compelled the school to terminate their agreement.

Public Denial and Legal Action

In response to the spying claims, Mr. Tengbo publicly revealed his identity, asserting that he has committed no wrongdoing. A close associate of Prince Andrew and a former Gordonstoun student himself, Mr. Tengbo has strenuously denied the accusations, stating that he is a target of the escalating tensions between the UK and China. He has claimed that his mistreatment is politically motivated.

Immigration Challenges and Legal Responses

Yang Tengbo, also known as Chris Yang, has faced additional challenges regarding his immigration status in the UK. After losing an appeal against a ban enacted last year, he reiterated his innocence, condemning media speculation while emphasizing his commitment to clear his name. Gordonstoun, on its part, stated its inability to divulge further details due to legal constraints.

Source : Gordonstoun cuts ties with business chaired by man accused of spying for China

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