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Industry: Why China suspended approvals for new steel plants

Due to the large overcapacity, China has suspended the approval process for new steel plants. The Chinese steel sector accounts for around 4.6 percent of annual global carbon emissions. The government has not yet announced any details on the revision of the approval process.

By Nico Beckert

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Telegram CEO arrested in France

Pawel Durow, CEO and founder of messaging service Telegram, is suspected of being complicit in drug trafficking and fraud by failing to intervene in the messaging service and failing to cooperate with law enforcement.

By Redaktion Table