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This paper examines the linkages in financial markets during coronavirus disease 2019 (COVID-19) pandemic outbreak. For this purpose, daily stock market returns were used over the period of December 31, 2019-April 20, 2020 for the following economies: USA, Spain, Italy, France, Germany, UK, China, and Romania. The study applied the autoregressive distributed lag (ARDL) model to explore whether the Romanian stock market is impacted by the crisis generated by novel coronavirus. Granger causality was employed to investigate the causalities among COVID-19 and stock market returns, as well as between pandemic measures and several commodities. The outcomes of the ARDL approach failed to find evidence towards the impact of Chinese COVID-19 records on the Romanian financial market, neither in the short-term, nor in the long-term. On the other hand, our quantitative approach reveals a negative effect of the new deaths' cases from Italy on the 10-year Romanian bond yield both in the short-run and long-run. The econometric research provide evidence that Romanian 10-year government bond is more sensitive to the news related to COVID-19 than the index of the Bucharest Stock Exchange. Granger causality analysis reveals causal associations between selected stock market returns and Philadelphia Gold/Silver Index.

This paper contributes to the growing literature regarding the role of Information and Communication Technologies as well as Innovation on driving the level of carbon dioxide emissions and economic growth in context of the 21st conference of the Parties to the Climate convention (COP21). Drawing the data from 13 selected G-20 countries (including Argentina, Canada, China, France, Germany, Italy, Japan, Mexico, Republic of Korea, Russian Federation, Turkey, United Kingdom, United States) during the period of 15 years, our study achieves significant results. First, only five factors impede the carbon emissions namely energy price, foreign direct investment, technology, spending on innovation and trade openness while the remainder of determinants contribute to contamination of environment, including financial development. Second, when it comes to economic growth, information and communication technological and financial development are positive driving factors. Our results do reject the absence of Environmental Kuznets Curve (EKC) from our sample. Finally, our study empirically suggests that the work of controlling consumption of oil and environmentally friendly process including manufacture-trading in these economies will limit the amount of pollution., (Copyright © 2020 Elsevier Ltd. All rights reserved.)

The Yunnan Environment Development Programme is a five-year technical cooperation project between the governments of the UK and China, designed to study the relationship between poverty and the environment. The paper describes the challenges of managing an international cooperation programme designed to facilitate innovation in China. It discusses techniques for facilitating change, such as responding to national initiatives, assisting with new demands from Beijing, working with the Chinese concept of ‘scientific developmentߣ, identifying champions of change, and implementing practical projects at the village level. The second part of the paper describes how these ‘change systems’ facilitated and enabled wider participation in project development and implementation and in policy review, better targeting of assistance to those most in need, and improved evaluation of individual interventions. [ABSTRACT FROM AUTHOR]

Very few developed economies have a full free trade agreement (FTA) with China. This study employs one GTAP model and builds an extended environmental multi-region input–output model to investigate a hypothetical China-UK FTA, concerning embodied industrial emissions of SO2, PM2.5, NOX, and NH3. The economic sectors are also classified based on their embodied pollution intensity and trade advantage index under various FTA scenarios. Results show that the UK's GDP and welfare and China's welfare will increase, along with changes in their trade structures. Overall, this FTA brings about larger net impacts on embodied emissions of SO2 than on PM2.5, NOX and NH3, and both countries are net importers of the latter three pollutants. Key sectors such as non-metallic mineral products, chemical products, and agriculture are inclined to become less competitive and less polluting under the FTA. The inclusion of agri-food sectors exhibits slight counteracting effects in general. The findings are of policy importance as they provide insights into how best to target key sectors, seeking a balance between trade development and environmental protection. [ABSTRACT FROM AUTHOR]

Abstract: Coal is central to China’s continued economic growth and CCS is one of the most promising technological solutions to curb the CO2 emitted from the continued use of coal. This paper introduces some areas of recent R&D on CCS in China and focuses, in particular, on the Near Zero Emission Coal (NZEC) project, a China-UK CCS initiative. NZEC is being undertaken in three phases, with the current project comprising the first phase. The ultimate aim of NZEC, following Phase 3, is to have constructed and operated a coal-fired power plant with integral CCS in China. In this paper, some of the early progress made in NZEC Phase 1 is described. Launched in November 2007, the objectives of Phase 1 are to build confidence in CCS and to explore technology options for demonstrating coal-fired power generation with CCS in China. The Phase 1 partnership of nine leading UK organisations and 20 from China demonstrates the strong collaborative working relationship that exists between China and the UK, at all levels, to develop CCS as a key climate change mitigation technology. Apart from NZEC, China is involved in several national and international CCS initiatives and some of these will be touched upon in this paper. The success of the 18-month first phase will, to a large extent, be measured against its contribution to increasing CCS capacity in China and against strengthened links between Chinese and British experts. Activities designed to raise capacity are described. [Copyright &y& Elsevier]

The article focuses on the rivalry between Great Britain and the U.S. in colonizing China in early and midnineteenth century. According to historians, the inception of U.S. China policy occurred in the nineteenth century during the proclamation of the Open Door policy and the possession of the Philippines as means to access the China market. The federal government colonized China to improve its economy and to increase its international influence in East Asia.