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China aims for ‘”Olympic Blue” – plans to extend steel curbs

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China’s top steel hub will join the campaign to ensure blue skies for Beijing’s Winter Olympics next year.

The move will cap output and ordering other measures to slash pollution.

Tangshan a coastal town will extend steel curbs to March next year with air population falling by at least 40 percent.

The city’s steelmakers account for 8% of global output.

Steel mills in Tangshan will have to keep in place production curbs ordered this year but which are due to expire on Dec. 31, according to Mysteel. Other measures to boost air quality include curbs on heavy vehicles and cement production, and switching more transport to clean fuels.

Calls to Tangshan’s environmental office weren’t answered

The Olympics curbs come amid a gathering nationwide push to reduce steel output after production smashed records in the first half of the year. Mills in Tangshan — which churned out 144 million tons in 2020 — will have to reduce production by 12.4 million tons this year, while the broader Hebei province is aiming for a 21.7 million-ton reduction.

When Beijing hosted the Summer Olympics in 2008, authorities shut a high amount of factories in the industrial regions near the capital with the move titled “Olympic Blue.”

14 years on, it doesn’t seem like much has changed.

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Nvidia surpasses Microsoft as the most valuable company in the world

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Nvidia has emerged as the world’s most valuable company, surpassing Microsoft with a market value of over $3.3 trillion.

This shift comes on the heels of Nvidia’s consistent growth in the semiconductor sector and its strategic advancements in artificial intelligence and gaming technologies.

This milestone marks a significant validation of Nvidia’s aggressive expansion and innovation strategies under CEO Jensen Huang, who has steered the company towards dominance in high-performance computing.

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Finance expert empowers his social audience with accessible wealth tips

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The right strategy can change the game for your financial freedom. Meet the advisor making his tips accessible to all.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by James Wrigley, Financial Advisor at First Financial. #wyld money #trending

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It takes a village: coordinated financial teams prove paramount to maximising wealth

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The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

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