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Real-time News
The Ukrainian military has attacked Russias Ilsky oil refinery.The UKs energy regulator, OFGEM, is seeking comments on draft guidance aimed at supporting appropriate supply chain security risk management for the downstream gas and electricity sectors.June 2 – Hong Kong Chief Executive John Lee met with the media in Kazakhstan today (June 2). Lee stated that this was his first time leading a delegation to Central Asia, and the visit had three objectives: first, to further explore emerging markets and lay the foundation for long-term economic and trade development; second, to strengthen relations and exchanges between governments and promote closer cooperation; and third, to build a hub-to-hub cooperation model. Lee noted that the visit to Kazakhstan yielded several results, with the trade delegation reaching 43 memorandums of understanding and cooperation agreements covering various fields including trade, investment, financial services, technology, aviation, and green finance.On June 2nd, Beijing auctioned off a residential land parcel in Sanhezhuang, Daxing District. The land area is 21,416.03 square meters, with a planned building area of 38,548.85 square meters and a plot ratio of 1.8. The starting price was 887 million yuan, with a starting floor price of 23,010 yuan per square meter. Greentown ultimately won the bid at the reserve price of 887 million yuan, resulting in a transaction floor price of 23,010 yuan per square meter.On June 2, Foreign Ministry Spokesperson Mao Ning hosted a regular press conference. In response to the Foreign Ministry spokespersons recent statement regarding Japan and the Philippines announcement of initiating maritime boundary delimitation negotiations, and the Taiwan authorities foreign affairs departments statement affirming the move and questioning Chinas sovereign rights over the relevant waters, the spokesperson asked for comment. "Regarding Japan and the Philippines announcement of initiating maritime boundary delimitation negotiations, China has already clarified its position," Mao Ning reiterated. He stated that the waters where Japan and the Philippines intend to discuss delimitation are located east of Taiwan. According to Chinese domestic law and international law, including the United Nations Convention on the Law of the Sea (UNCLOS), China possesses an exclusive economic zone and continental shelf in these waters. According to UNCLOS, the limits of the exclusive economic zones and continental shelves between states with opposing or adjacent coastlines should be delimited by agreement between the relevant states based on the principle of fairness. Negotiations involving the waters east of Taiwan must include Chinas participation. Mao Ning pointed out that Japan and the Philippines unilateral initiation of so-called maritime boundary delimitation negotiations, bypassing China, seriously violates international law, including UNCLOS, and the basic norms of international relations, severely infringing upon Chinas maritime rights and interests. China will never allow this.
