NYK Line, a Japanese shipping company, has announced plans to transport green ammonia produced in India to Japan as part of efforts to reduce carbon emissions. This initiative aims to support Japan’s goal of using green ammonia as a fuel for power generation and shipping. NYK’s involvement signifies a significant step towards sustainable energy transportation between the two countries.
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China races to stockpile US chips before Trump ramps up sanctions
China is increasing its efforts to stockpile microchips from the US to prepare for potential sanctions from the incoming administration of president-elect Donald Trump, with purchases reaching US$1.11 billion in October, a 60 per cent increase from last year. China has imported US$9.61 billion of microchips from the US over the first 10 months of the year, focusing on CPU-based processors and controllers, as well as chips for storage and signal amplification, to meet its...
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