Monthly Archives: February 2025

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According to a report by Russian Satellite News Agency on March 18, Russian President Vladimir Putin said on the same day that the relationship between Russia and China is stable and complementary, and the two sides will continue to maintain cooperation.

Reported that Putin, who has just been successfully re-elected, said at his campaign headquarters: Our relationship (with China) has developed in the past two decades. Very stable and complementary. I am sure that the cooperation will continue.

Putin said that Russia-China relations will continue to develop in the next few years.

He said: There are many points of convergence and common interests in the economic and foreign policy fields. I believe that in the next few years, relations between the two countries will be strengthened to achieve a win-win situation and benefit the two peoples.

The report also said that Putin emphasized that China is developing rapidly and vigorously. What is very important is that China’s economic structure is transforming towards innovation, which gives the economy more innovation. We are trying to do the same, and Russia faces the same task.

Putin also said that Taiwan is an inalienable part of China and any attempt to provoke and impose sanctions around Taiwan is doomed to complete failure.

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Berlin, May 14 (Reporter Che Yunlong) The “2023 Report on Foreign Enterprises ‘Investment in Germany” released by the German Federal Agency for Foreign Trade and Investment on the 14th shows that Chinese companies’ interest in German investment has increased significantly. Last year, the number of investment projects in Germany reached a new high since 2017, an increase of nearly 42% over the previous year.

The report shows that a total of 1759 foreign investment projects settled in Germany last year, roughly the same as in 2022. Among them, the number of Chinese investment projects in Germany is 200, ranking third, after the United States and Switzerland.

The report said that Chinese companies ‘investment in renewable energy increased significantly last year, and the number of projects was about three times that of 2022, accounting for about one-fifth of the total number of projects. Other major investment areas include machinery manufacturing and electronics.

Thomas Boyan, author of the report and an expert at the German Federal Agency for Foreign Trade and Investment, said that China has been one of Germany’s most important sources of foreign investment for many years and has a wide range of investment industries in Germany.

The German Federal Agency for Foreign Trade and Investment is the German government’s agency responsible for foreign trade and inward investment, providing advice and support to foreign countries entering the German market. The agency publishes a report on foreign companies ‘investment in Germany every year. All the counted projects are greenfield investment or expansion projects, and mergers and acquisitions are not included in the statistical scope.

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According to the Tass news agency, a man threw a cigarette butt into the sewer in Hasavur, Republic of Dagestan, Russia, and caused an explosion, killing himself and his companions.

According to reports, surveillance footage showed that at the time of the incident, the man and his companion parked the car on the roadside, got off the bus and smoked together, and then threw the cigarette butts into the sewer. Subsequently, the cigarette butts ignited the gas in the sewer, causing a violent explosion. The two people were killed on the spot, and even the nearby cameras were tilted.

Reported that failure to follow safety precautions resulted in an explosion of acetylene gas-air mixture in the sewer.

According to preliminary information obtained from the investigation, the two men were housing and public service employees and were doing technical work in a nearby residential building.

Currently, the local police are handling the incident.

Wen| Reporter Leng Shuang

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Washington, March 14 (Reporters Xu Yuan and Xiong Maoling) Data released by the U.S. Department of Labor on the 14th showed that the U.S. producer price index (PPI) rose 06% month-on-month in February, an increase of 03 percentage points from January, highlighting that the U.S. inflation situation remains severe.

Data showed that the U.S. PPI increased by 16% year-on-year in February, the largest increase since September 2023. Excluding food, energy and trade services prices, core PPI increased by 04% month-on-month and 28% year-on-year.

In the same month, commodity prices increased by 12% month-on-month, the largest increase since August 2023. Among them, natural gas prices rose 68%, and grocery prices rose 1%. At the same time, service prices increased by 03% month-on-month.

PPI tracks changes in production costs and is a key measure of inflation. Analysts believe that PPI accelerated again in February, indicating that inflationary pressures in the United States continue and the Federal Reserve may need to maintain high interest rates for a longer period of time.

A tracking data from the Chicago Mercantile Exchange showed that after the PPI data was released, the market basically believed that the Federal Reserve would maintain the target range of the federal funds rate between 525% and 55% at the monetary policy meeting held from March 19 to 20.

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Washington, March 14 (Reporters Xu Yuan and Xiong Maoling) Data released by the U.S. Department of Labor on the 14th showed that the U.S. producer price index (PPI) rose 06% month-on-month in February, an increase of 03 percentage points from January, highlighting that the U.S. inflation situation remains severe.

Data showed that the U.S. PPI increased by 16% year-on-year in February, the largest increase since September 2023. Excluding food, energy and trade services prices, core PPI increased by 04% month-on-month and 28% year-on-year.

In the same month, commodity prices increased by 12% month-on-month, the largest increase since August 2023. Among them, natural gas prices rose 68%, and grocery prices rose 1%. At the same time, service prices increased by 03% month-on-month.

PPI tracks changes in production costs and is a key measure of inflation. Analysts believe that PPI accelerated again in February, indicating that inflationary pressures in the United States continue and the Federal Reserve may need to maintain high interest rates for a longer period of time.

A tracking data from the Chicago Mercantile Exchange showed that after the PPI data was released, the market basically believed that the Federal Reserve would maintain the target range of the federal funds rate between 525% and 55% at the monetary policy meeting held from March 19 to 20.

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According to a report by the Russian newspaper on March 14, Russian President Vladimir Putin delivered a speech to Russians, calling on them to vote in the three-day presidential election that began on the 15th. He pointed out that the election results will directly affect the country’s development in the next few years.

Putin said: I would bluntly say that participating in elections now is a manifestation of patriotism.

Putin said that the only source of power in Russia is the people, so only Russian citizens can determine the destiny of the motherland.

He said: What you have to do is not only vote, but also firmly express your will and desire and show that you will personally participate in the further development of Russia, because the election is a step towards the future.

He emphasized that during this difficult period, Russia is facing complex challenges in various fields. In order to overcome all these difficulties, the Russian people must be united and confident.

Putin also pointed out that soldiers on the front line will also vote, who have shown courage and heroism in the process of defending the motherland. They participated in elections and set an example for everyone.

Russia is scheduled to hold presidential elections from March 15 to 17, and the president-elect will take office on May 7. The term of office of the head of state is 6 years. If no candidate obtains a majority of the votes cast by voters voting, a second round of voting will be held 21 days later for the two candidates who obtained the most votes. (Compiled by Wei Lianglei)

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Trump, who could not raise enough money, was furious and scolded all night!

On the 18th, a lawyer for former US President Donald Trump told the court that Trump did not have enough cash to appeal against a $45.4 billion fine. Media analysts believe that this may lead to Trump facing asset forfeiture.

Rumors of imminent bankruptcy followed on the Internet, dealing a humiliating blow to Trump’s carefully crafted image of a self-made business tycoon.

Related terms such as Trump’s bankruptcy have been on the top search list of social media platform X.

That night, Trump cursed all night on his social media platform TS, posting more than a dozen posts in a row.

Trump’s fury was triggered by a lawsuit he lost that exaggerated his assets. On Feb. 16, New York State Supreme Court Justice Arthur Ngoren ruled that the Trump family had been granted loans and tax breaks by exaggerating their net worth for years, a move suspected of fraud and sentenced to a fine of $45.4 billion.

It is reported that Trump is appealing the outcome of the trial, but if he wants to continue the appeal and prevent New York from enforcing the verdict, he will need to pay the deposit in full, which is due at the end of March.

Even if there is more money, it will be difficult to come up with more than $400 million at once, not to mention the chances that Trump does not have so much liquidity. The New York Times recently calculated that Trump has about $3.5 billion in cash on hand, while most of his wealth is related to real estate investments.

Trump reportedly said he had contacted about 30 guarantees through four different brokers and spent countless hours negotiating with one of the world’s largest insurances. However, potential guarantees seek to get Mr Trump to pay cash so that they do not consider using Mr Trump’s assets as collateral for margin.

To make matters worse, earlier this month, Trump paid a $91.6 million deposit in an appeal against the Carroll libel case.

Therefore, it is a bit difficult to spend more than US $400 million.

In response, Trump complained in a post on social media on the 18th that the amount of the deposit was unconstitutional, unAmerican, unprecedented, and almost impossible for anyone (including anyone as successful as me).

Trump posted a short composition on social media after 6: 00 a.m. on the 19th.

It is precisely because it is impossible that Trump seems to have insomnia, scolding the relevant sentences and judges and prosecutors all night. I will be forced to mortgage or sell important assets and may be able to sell them at a low price, and even if I win the appeal, they will cease to exist, Trump said in the post. Does it make sense? it’s witch hunting, interfering in elections!

Trump also raised the impact of the case to a level that affected the New York state economy, saying bluntly that New York companies would be scared to run away when they saw the case.

If you scold, the problem must be solved. Analysts believe that there are several options in front of Trump.

First, the time given by prosecutors is not yet up, so Mr Trump still has time to sell assets quickly or seek help from wealthy supporters.

In addition, his lawyer has appealed to a higher court for a deposit of about $100 million. At the same time, New York State prosecutors may, out of tolerance, give the former president more time to raise money.

As Trump’s last card, he can also ask the Trump Organization involved in the case to file for bankruptcy, which will automatically suspend the verdict against the entity. However, Trump is running for the US presidential election in 2024, a politically worrying choice, and he is likely to be reluctant to file for bankruptcy because of the trauma left by Trump’s bankruptcy filing in the 1990s.

To say the least, filing for bankruptcy is not a panacea. Legal experts say seeking court protection could raise a series of new problems, such as the risk of default on his loans after filing for bankruptcy, which could further spark lawsuits over whether Mr Trump is still liable to repay his debts. About a week ago, Trump locked in the Republican presidential nomination in the 2024 election, and there are still about eight months to go, during which time the campaign expenses are not small.

If none of these options happens and Mr Trump is unable to raise the money, Mr Trump’s assets may indeed be confiscated after March 25.

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　　In the rapidly evolving world of manufacturing, precision manufacturing services are at the forefront of innovation and technological advancement. These services are essential for producing high-quality components that meet stringent specifications across various industries, including aerospace, automotive, medical devices, and electronics. As we look to the future, several trends are poised to shape the landscape of precision manufacturing services, high precision machining services, and the role of mold core pins manufacturers.

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　　1. Integration of Smart Manufacturing Technologies

　　One of the most significant trends in precision manufacturing services is the integration of smart manufacturing technologies. The Industrial Internet of Things (IIoT), artificial intelligence (AI), and machine learning are being increasingly utilized to enhance production efficiency, quality control, and predictive maintenance. These technologies enable manufacturers to collect and analyze vast amounts of data in real-time, allowing for more informed decision-making and reducing downtime.For instance, AI-driven analytics can predict equipment failures before they occur, ensuring continuous operation and minimizing costly interruptions. This trend is particularly relevant for high precision machining services, where even minor disruptions can lead to significant delays and increased production costs.

　　2. Advanced Materials and Processes

　　The development of advanced materials and processes is another trend that will continue to impact precision manufacturing services. Materials such as carbon fiber composites, advanced ceramics, and high-performance alloys are increasingly being used to create components with superior strength-to-weight ratios, durability, and resistance to extreme environments.

　　Moreover, new manufacturing processes like additive manufacturing (3D printing) and advanced machining techniques are enabling the production of complex geometries that were previously impossible or cost-prohibitive. High precision machining services are now capable of achieving tighter tolerances and more intricate designs, meeting the ever-increasing demands of industries like aerospace and medical devices.

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　　3. Customization and Flexibility

　　As consumer demands become more personalized, manufacturers are under pressure to provide customization without sacrificing efficiency or quality. This trend is driving the adoption of flexible manufacturing systems that can quickly adapt to produce a wide variety of products.Precision manufacturing services are leveraging modular equipment and reconfigurable production lines to offer greater customization options. This flexibility is crucial for mold core pins manufacturers who must produce highly specialized components tailored to specific applications. The ability to quickly switch between different production setups allows these manufacturers to meet diverse customer requirements while maintaining high standards of precision and quality.

　　4. Sustainability and Green Manufacturing Practices

　　Sustainability is an increasingly important consideration for manufacturers worldwide. Precision manufacturing services are no exception, as companies strive to reduce their environmental impact through green manufacturing practices. This includes minimizing waste, reducing energy consumption, and utilizing eco-friendly materials.High precision machining services are adopting sustainable practices by implementing energy-efficient machinery, recycling metal shavings and cutting fluids, and optimizing production processes to minimize waste. Mold core pins manufacturers are also exploring sustainable materials and coatings that extend the lifespan of their products while reducing environmental harm.

　　5. Globalization and Supply Chain Resilience

　　The globalization of supply chains has brought both opportunities and challenges to precision manufacturing services. While access to international markets has expanded, recent disruptions have highlighted the need for resilient supply chains. Manufacturers are investing in strategies to mitigate risks associated with global supply chain dependencies.This includes diversifying suppliers, increasing local production capabilities, and utilizing digital supply chain management tools. For high precision machining services and mold core pins manufacturers, ensuring a reliable supply chain is critical to maintaining consistent quality and meeting delivery deadlines.

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　　Precautions for consignment:

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　　2. Ensure whether the battery capacity of the electric vehicle is sufficient, and charge it if necessary to ensure that it reaches its destination on time;

　　3. Electric vehicles should be equipped with locks to prevent vehicles from being stolen;

　　4. The checked electric vehicle needs to be equipped with corresponding safety accessories to ensure the safety of the vehicle in transit.

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Beijing, 12 Mar (Reporter Ma Zhuoyan, Cheng Xin) Foreign Ministry spokesman Wang Wenbin said on the 12th that through this year’s two sessions, the international community has seen a China that is moving forward steadily, pioneering and innovative, open and confident, and cohesive. We are more optimistic about the great potential of China’s economic and social development, and expect that China’s high-quality development will bring more opportunities to the world.

At the regular press conference on that day, a reporter asked: over the past week or so, international public opinion has continued to focus on the two national sessions. A number of foreign media quoted the analysis of international institutions and experts as saying that the two sessions sent a positive signal that China’s economy is picking up. Does the spokesman have any comment on this?

Wang Wenbin said: the annual NPC and CPPCC sessions are not only a major event in China’s political life, but also an important window for the international community to observe the direction of China’s major policies. Whether it is the expected target of GDP growth of about 5% put forward in this year’s government work report, or the key words such as high-quality productivity, high-quality development, high level of opening to the outside world, and so on, have aroused heated discussion in the international media. Through the two sessions of the National people’s Congress this year, the international community has seen a China that is moving forward steadily, pioneering and innovative, open and confident, and cohesive, and is more optimistic about the great potential of China’s economic and social development. It is expected that China’s high-quality development will bring more opportunities to the world.

Wang Wenbin said that the government work report puts forward a growth target of about 5%, which shows that China’s economy is resilient, has great potential and is full of vitality. This goal is not only higher than the previous IMF and World Bank forecasts for China’s economic growth this year, but also far higher than the IMF’s growth forecasts for the United States and Europe. International media commented that at a time when the world economy is full of uncertainty, China’s economic growth target of about 5% is ambitious. Since the beginning of the year, China’s economy has continued to accumulate factors for the better. During the Spring Festival holiday this year, there were 229.3 billion cross-district domain name flows in China, and domestic tourists spent a total of 63.2687 trillion yuan, an increase of 77 percent over the same period in 2019. In the first two months of this year, China’s imports and exports of goods totaled 661 trillion yuan, an increase of 87 percent over the same period last year. China’s economy continues to pick up and is expected to get off to a good start in the first quarter.

He said that the important exposition of new quality productive forces has guided China’s economy toward a new direction. When participating in the deliberations of the Jiangsu delegation, General Secretary stressed the need to firmly grasp the primary task of high-quality development and develop new-quality productive forces in line with local conditions. This year’s government work report also proposed for the first time to vigorously promote the construction of a modern industrial system and speed up the development of new-quality productive forces. Last year, China’s new exports of electric vehicles, lithium batteries and photovoltaic products exceeded trillion yuan, an increase of nearly 30 percent over the same period last year; the development of the digital economy was accelerated, and the penetration rate of 5G users exceeded 50 percent. The number of international patent applications submitted by Chinese applicants through the Patent Cooperation Treaty ranked first in the world for four consecutive years. New quality productivity has been formed in practice and has shown a strong driving force and supporting force for high-quality development.

Wang Wenbin said: the new measure of opening up to the outside world at a high level shows China’s determination to share opportunities with the world. The government work report proposes to open wider to the outside world at a high level and promote mutual benefit and win-win results. China will take the initiative to dovetail with high-standard international economic and trade rules, steadily expand institutional opening up, promote a stable increase in the quality and quantity of foreign trade, step up efforts to attract foreign investment, promote high-quality co-construction, Belt and Road Initiative, and deepen multilateral, bilateral and regional economic cooperation. In January this year, 4588 new foreign-invested enterprises were established in China, an increase of 744 per cent over the same period last year. According to the latest survey of the German Chamber of Commerce in China, 91% of German enterprises will continue to take root in the Chinese market. The American Chamber of Commerce in South China reported that 76% of the companies surveyed planned to reinvest in China this year. More and more multinational companies realize that to invest in China is to invest in the future.

The blueprint has been drawn and the trumpet has been sounded. We have the confidence, conditions and ability to achieve the goals and tasks of economic and social development for the whole year. Wang Wenbin said: China’s economy is getting bigger and bigger, its muscles and bones are getting stronger and stronger, and it will certainly ride out the storm and look forward to the future.