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 Lei Jun CEO of Xiaomi, one of China's rare global innovators.
Lei Jun CEO of Xiaomi, one of China's rare global innovators.
Zeng Zhihua

BEIJING China can be proud of its achievements in both business innovation and in creating a technology-driven economy. In recent years Chinese enterprises have taken their place among the heavyweights in the technological sector and, in particular, in the information and communication industry: names such as Lenovo, Huawei, ZTE, Tencent and Xiaomi are recognized global leaders.

There are now even world-class Chinese competitors in the automobile industry such as BYD and Geely, while China is also now among the few countries to produce high-speed rail and aircraft manufacturing technology. The first Chinese-made large passenger aircraft, the C919, was rolled out in Shanghai in early November.

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Economy

The Bogus Concept Of "Carbon-Neutral" Oil

The Colombian president recently said that the country had exported one million barrels of carbon-neutral or offset oil. But in an unregulated carbon market, such a claim is pure greenwashing.

People walk in the streets of Bogotá

María Mónica Monsalve Sánchez

-OpEd-

BOGOTÁ - In March this year, various national and corporate leaders met in Houston, Texas, for CERAWeek, an annual conference to discuss the world's energy challenges. Colombia's President Iván Duque took the opportunity to remind participants that his country produced just 0.6% of the world's carbon emissions even as it had raised crude production to one million barrels a day.

He said oil should not be seen as an enemy, since the fight was really against greenhouse gas emissions. He also revealed at the event that the country's national oil firm, Ecopetrol, had sold the Asian market its first million barrels of carbon-neutral or offset crude, consisting of the entire extraction, production and exportation chain.

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