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China's highest altitude power transmission project starts operation in Xinjiang

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      China

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      China's highest altitude power transmission project starts operation in Xinjiang

      2024-07-22 17:21 Last Updated At:17:37

      China's highest altitude 220-kV power transmission project was put into operation on Sunday in Hetian City, the Xinjiang Uygur Autonomous Region.

      It took 16 months to complete the project, with power lines and transmission towers built in the snow-covered Kunlun Mountains. The highest tower stands at an elevation of 5,390 meters.

      The project can deliver 2.16 billion kilowatt-hours of electricity annually, providing stable power supply for farmers and herders in the southern mountainous regions of Hetian and promoting local economic development.

      China's highest altitude power transmission project starts operation in Xinjiang

      China's highest altitude power transmission project starts operation in Xinjiang

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      Mexico to impose retaliatory tariffs on US: President

      2025-03-05 05:19 Last Updated At:06:17

      Mexico will unveil retaliatory tariffs against the United States on Sunday, President Claudia Sheinbaum announced on Tuesday, condemning the U.S. tariff hike as "unjustified."

      Sheinbaum, who had called for "temperance, serenity and patience" ahead of the tariff enforcement, reaffirmed that Mexico would not tolerate subordination or foreign intervention. She also accused Washington of violating the United States-Mexico-Canada Agreement and rejected White House claims linking her government to organized crime, calling them "offensive and baseless."

      The 25-percent U.S. tariffs, which took effect at midnight between Monday and Tuesday, have already impacted Mexico's financial markets. The Mexican peso depreciated nearly 1 percent on Tuesday, reaching 20.90 per U.S. dollar in interbank trading. Analysts attribute the decline to concerns over escalating trade tensions, warning that further U.S. tariff hikes could follow.

      With roughly 80 percent of Mexico's exports heading to the United States, analysts warn that the dispute poses significant challenges for both economies.

      Despite the ongoing tensions, Sheinbaum emphasized that Mexico remains open to dialogue while preparing countermeasures to safeguard its economic interests.

      Mexico to impose retaliatory tariffs on US: President

      Mexico to impose retaliatory tariffs on US: President

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