CHINA TO CONSTRUCT ITS 5TH ROCKET LAUNCH SITE

Highlights –

• China to construct its 5th rocket launch site.
• .Ningbo city will invest $3 billion in a rocket launch centre in the county of Xiangshan.
• The upcoming launch pad will be capable of launching 100 missions a year.

GEELY AUTOMOBILE HOLDINGS TO FORM JV WITH ZEEKR FOR ELECTRIC VEHICLES

Highlights –

• Geely Automobile Holdings to form JV with Zeekr for electric vehicles.
• Geely Automobile Holdings Ltd.'s profit fell 32% in 2020.
• Geely Automobile will invest 2 billion yuan jointly with parent Zhejiang Geely Holding G...

TYPHOON HAGUPIT TO DESCEND ON CHINA UNABATED ENTAILING A YELLOW CARD

• China's National Observatory on Monday flagged the typhoon with a yellow card and was short of declaring a red alert for Typhoon Hagupit.
• The typhoon   is forecasted to make landfall on the coastline between Zhejiang and Fujian as a belligerent tropical storm Mond...