Nexperia China tells staff to follow domestic orders over Dutch HQ
Nexperia’s China unit has told its employees to follow directives from local management and disregard instructions from the company’s Dutch head o...
China has approved the construction of the world’s largest hydropower dam on the Yarlung Zangbo River in Tibet. The project, which aims to generate 300 billion kWh of electricity annually, raises concerns in neighbouring India and Bangladesh over potential environmental and water flow impacts.
China has approved the construction of the world’s largest hydropower dam on the Yarlung Zangbo River in Tibet, expected to generate 300 billion kWh of electricity annually, far exceeding the Three Gorges Dam's capacity.
The project aims to support China’s carbon neutrality goals and create jobs in Tibet. The Yarlung Zangbo’s dramatic 2,000-metre drop over 50 km offers massive hydropower potential but also presents significant engineering challenges.
The cost of the dam is expected to surpass the Three Gorges Dam’s $34.83 billion, which included resettling 1.4 million people. While Chinese officials assure minimal environmental impact, India and Bangladesh have raised concerns about the dam’s effect on the river's flow and local ecosystems.
China has already begun hydropower projects on the upper reaches of the Yarlung Zangbo, with more planned upstream, sparking concerns among neighbouring countries.
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Nexperia’s China unit has told its employees to follow directives from local management and disregard instructions from the company’s Dutch head office, marking a rare public split between a multinational firm and its overseas subsidiary.
Russia said that its Foreign Minister, Sergei Lavrov, and U.S. Secretary of State, Marco Rubio, had a “constructive” conversation as they began preparations for an upcoming summit between Presidents Vladimir Putin and Donald Trump.
Iranian Foreign Minister Abbas Araghchi spoke to his Egyptian counterpart Badr Abdelatty in a telephone conversation over the weekend where issues of mutual interest discussed.
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